5308 48th St
University Place, WA 98467
4 bd 3 ba 2,656 sqft Built 2018 Lot 5,000 sqft single_family
Most recent sale
$799,950
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $799,950 | MLS #1905667 |
| Mar 24, 2022 | Listed | $799,950 | MLS #1905667 |
| Feb 20, 2019 | Sold | $529,950 | Public Record |
| Jan 4, 2017 | Sold | $7,285,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $538,000 | $237,500 | $775,500 | $9,114 |
| 2025 | $538,000 | $237,500 | $775,500 | $8,695 |
| 2024 | $430,100 | $222,400 | $652,500 | $7,867 |
| 2023 | $443,600 | $228,700 | $672,300 | $7,424 |
| 2022 | $372,600 | $202,100 | $574,700 | $7,234 |
| 2021 | $348,700 | $152,500 | $501,200 | $6,908 |
| 2020 | $320,400 | $130,000 | $450,400 | $6,583 |
| 2019 | $142,600 | $115,000 | $257,600 | $3,331 |
| 2018 | — | $87,100 | $87,100 | $1,359 |
| 2017 | — | $8,500 | $8,500 | $141 |
Property facts
Year built
2018
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,656 sqft
Lot size
5,000 sqft
ZIP code
98467
City
University Place
Street
48th St
Coordinates
47.21323, -122.50837
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,109
Gross rental yield
9.16%
Implied cap rate
5.96%
Trend-extrapolated value
—
Frequently asked questions
When did 5308 48th St last sell?
5308 48th St most recently sold on May 13, 2022 for $799,950.
What is the current tax assessment for 5308 48th St?
The most recent total assessment for 5308 48th St (year 2026) is $775,500 with $9,114 in property tax.
How does 5308 48th St's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $799,950.
When was 5308 48th St built?
5308 48th St was built in 2018.
How does 5308 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 5308 48th St?
5308 48th St is a 4 bed, 3 bath, 2,656 sqft, 5,000 sqft lot single_family.
Is 5308 48th St a flip candidate?
No — 5308 48th St does not appear in our flips dataset.
Is 5308 48th St a tax-appeal candidate?
No — 5308 48th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$717.8K
2026 Q4
$720.1K
ZIP 98467 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th St