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3318 Elwood Dr

University Place, WA 98466

3 bd 1 ba 1,252 sqft Built 1950 Lot 14,784 sqft single_family
Most recent sale
$516,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Listed for rent $2,300 AppfolioUnits
Mar 16, 2022 Sold $516,000 MLS #1879924
Feb 4, 2022 Listed $479,000 MLS #1879924
Nov 9, 1989 Sold $68,000 Public Record
Mar 16, 1988 Sold $62,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $167,800 $327,400 $495,200 $5,745
2025 $167,800 $327,400 $495,200 $5,690
2024 $164,200 $313,700 $477,900 $5,717
2023 $171,100 $313,700 $484,800 $5,488
2022 $141,500 $270,400 $411,900 $5,236
2021 $127,900 $214,800 $342,700 $4,791
2020 $122,900 $182,400 $305,300 $4,483
2019 $127,800 $155,100 $282,900 $3,714
2018 $120,700 $128,600 $249,300 $3,958
2017 $109,200 $107,800 $217,000 $3,503
2016 $106,100 $97,900 $204,000 $3,468
2015 $102,200 $91,300 $193,500 $3,419
2014 $90,200 $83,000 $173,200 $3,151
2013 $84,600 $80,100 $164,700 $3,047
2012 $92,700 $102,300 $195,000 $3,305
2011 $91,200 $119,300 $210,500 $3,355
2010 $89,600 $136,300 $225,900 $3,322
2008 $93,900 $156,800 $250,700 $3,391
2007 $98,100 $156,800 $254,900 $3,109

Property facts

Year built
1950
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,252 sqft
Lot size
14,784 sqft
ZIP code
98466
City
University Place
Street
Elwood Dr
Coordinates
47.22917, -122.55357

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
6.70%
Implied cap rate
4.35%
Trend-extrapolated value

Frequently asked questions

When did 3318 Elwood Dr last sell?
3318 Elwood Dr most recently sold on Mar 16, 2022 for $516,000.
What is the current tax assessment for 3318 Elwood Dr?
The most recent total assessment for 3318 Elwood Dr (year 2026) is $495,200 with $5,745 in property tax.
How does 3318 Elwood Dr's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $516,000.
When was 3318 Elwood Dr built?
3318 Elwood Dr was built in 1950.
How does 3318 Elwood Dr compare to others on Elwood Dr?
We track 8 other properties on Elwood Dr. Browse the list under "Other properties on Elwood Dr" to compare beds, baths, and sale history.
What are the property facts for 3318 Elwood Dr?
3318 Elwood Dr is a 3 bed, 1 bath, 1,252 sqft, 14,784 sqft lot single_family.
Is 3318 Elwood Dr a flip candidate?
No — 3318 Elwood Dr does not appear in our flips dataset.
Is 3318 Elwood Dr a tax-appeal candidate?
No — 3318 Elwood Dr 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
$612.7K
2026 Q4
$614.7K
ZIP 98466 — Median Price History + Forecast

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