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5312 48th St

University Place, WA 98467

4 bd 3 ba 2,656 sqft Built 2018 Lot 5,000 sqft single_family
Most recent sale
$695,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $695,000 MLS #1979406
Sep 7, 2022 Price changed $695,000 MLS #1979406
Aug 22, 2022 Price changed $765,000 MLS #1979406
Aug 6, 2022 Listed $795,000 MLS #1979406
Feb 6, 2019 Sold $529,950 Public Record
Jan 4, 2017 Sold $7,285,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $489,800 $237,500 $727,300 $8,618
2025 $489,800 $237,500 $727,300 $8,216
2024 $428,100 $222,400 $650,500 $7,844
2023 $441,500 $228,700 $670,200 $7,402
2022 $371,700 $202,100 $573,800 $1,137
2021 $371,700 $202,100 $573,800 $1,247
2020 $348,700 $152,500 $501,200 $6,584
2019 $320,400 $130,000 $450,400 $1,620
2018 $109,200 $109,200 $1,359
2017 $87,100 $87,100 $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, -122.50857

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,109
Gross rental yield
10.55%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 5312 48th St last sell?
5312 48th St most recently sold on Sep 23, 2022 for $695,000.
What is the current tax assessment for 5312 48th St?
The most recent total assessment for 5312 48th St (year 2026) is $727,300 with $8,618 in property tax.
How does 5312 48th St's assessment compare to its last sale price?
The current assessment is 4.6% above the last sale price of $695,000.
When was 5312 48th St built?
5312 48th St was built in 2018.
How does 5312 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 5312 48th St?
5312 48th St is a 4 bed, 3 bath, 2,656 sqft, 5,000 sqft lot single_family.
Is 5312 48th St a flip candidate?
No — 5312 48th St does not appear in our flips dataset.
Is 5312 48th St a tax-appeal candidate?
No — 5312 48th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$717.8K
2026 Q4
$720.1K
ZIP 98467 — Median Price History + Forecast

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