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8405 56th St

University Place, WA 98467

3 bd 2 ba 1,402 sqft Built 1973 Lot 8,602 sqft single_family
Most recent sale
$475,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $475,000 MLS #1931716
May 13, 2022 Listed $475,000 MLS #1931716

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $238,400 $277,400 $515,800 $5,995
2025 $238,400 $277,400 $515,800 $5,885
2024 $182,800 $260,200 $443,000 $5,318
2023 $224,600 $275,500 $500,100 $5,654
2022 $190,300 $229,600 $419,900 $349
2021 $173,000 $182,300 $355,300 $379
2020 $175,300 $155,800 $331,100 $393
2019 $171,000 $141,600 $312,600 $386
2018 $152,500 $110,600 $263,100 $400
2017 $146,400 $92,400 $238,800 $424
2016 $129,200 $75,700 $204,900 $429
2015 $114,000 $64,400 $178,400 $441
2014 $112,700 $75,700 $188,400 $456
2013 $104,300 $69,700 $174,000 $464
2012 $111,400 $84,000 $195,400 $434
2011 $115,600 $96,800 $212,400 $415
2010 $116,500 $135,200 $251,700 $392
2008 $117,000 $135,200 $252,200 $352
2007 $118,800 $135,200 $254,000 $378

Property facts

Year built
1973
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,402 sqft
Lot size
8,602 sqft
ZIP code
98467
City
University Place
Street
56th St
Coordinates
47.20604, -122.55012

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
$3,225
Gross rental yield
8.15%
Implied cap rate
5.30%
Trend-extrapolated value

Frequently asked questions

When did 8405 56th St last sell?
8405 56th St most recently sold on Jun 16, 2022 for $475,000.
What is the current tax assessment for 8405 56th St?
The most recent total assessment for 8405 56th St (year 2026) is $515,800 with $5,995 in property tax.
How does 8405 56th St's assessment compare to its last sale price?
The current assessment is 8.6% above the last sale price of $475,000.
When was 8405 56th St built?
8405 56th St was built in 1973.
How does 8405 56th St compare to others on 56th St?
We track 8 other properties on 56th St. Browse the list under "Other properties on 56th St" to compare beds, baths, and sale history.
What are the property facts for 8405 56th St?
8405 56th St is a 3 bed, 2 bath, 1,402 sqft, 8,602 sqft lot single_family.
Is 8405 56th St a flip candidate?
No — 8405 56th St does not appear in our flips dataset.
Is 8405 56th St a tax-appeal candidate?
No — 8405 56th 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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