2611 S 288th St #21 · Federal Way, WA
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $604 – $1,122
Heat risk 3/10 · Minor
- Hot days now (above 87°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 7/10 · Major
- Unhealthy air days now
- 10 days/yr
- Unhealthy air days in 30 yrs
- 11 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +22.5/30.0
- ARV discount +15.0/15.0
- 1% rule +7.5/10.0
- DSCR +7.5/10.0
- Schools +3.9/10.0
- Condition / age +3.8/5.0
- Livability +3.6/5.0
- Rent growth +3.1/5.0
- Appreciation +2.5/10.0
- Manufactured-home adj. -5.5
$86,490
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this spacious, beautifully maintained home in the charming 55+ community of Parkwood Lane! Step inside to a bright, modern open-concept floor plan featuring vaulted ceilings, abundant natural light, and beautiful wide-plank commercial pine flooring throughout the main living, dining, and bedroom areas, installed in 2022–2023. The sun-filled dining room offers a built-in buffet, while the cozy kitchen features a skylight, open shelving, and a raised countertop perfect for casual dining. Generously sized secondary bedrooms include custom closet systems, and the primary suite offers a private bath with a tiled walk-in shower.
Key facts
- Covered front porch
- Cozy kitchen
- Bright living area
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $86k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $939 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $86k).
- Cap rate 19.3% vs local median 2.8% in Federal Way — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 71/100 on livability (#221 in WA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime F, cost of living F.
- Federal Way School District (suburban): math 35% / reading 47% proficiency, ranked #207 of 291 in WA (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Valhalla Elementary School (523 students, 78% FRL); Kilo Middle School (618 students, 78% FRL); Thomas Jefferson High School (1,797 students, 72% FRL) — zoned schools average 76% FRL vs 48% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+2.3%/yr); 401 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 10,555 units permitted in King County in 2024 (7,119 in 5+ unit buildings).
- This rent runs 30% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $598 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- King County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 2.3% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts since 21y ago; this cycle's ask has dropped $29k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.18% ✓
- Cap rate
- 19.33%
- Cash-on-cash
- 46.55%
- DSCR
- 3.07
- GRM
- 3.8
CMA / ARV
- ARV (median comp)
- $146,122
- List price
- $86,490
- Delta
- -40.81%
- Verdict
- UNDERPRICED
- Comps
- 10 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3001 S 288th #84 | 0.17mi | 3/2.0 | 1,300 (+0%) | 14mo | $119,950 | $92 | 80 |
| 28719 28th Pl S | 0.14mi | 2/2.0 (-1) | 1,344 (+4%) | 12mo | $330,000 | $246 | 73 |
| 3001 S 288th #195 | 0.21mi | 3/2.0 | 1,375 (+6%) | 9mo | $170,000 | $124 | 72 |
| 3001 S 288th St #48 | 0.16mi | 4/2.0 (+1) | 1,344 (+4%) | 11mo | $170,000 | $126 | 72 |
| 2611 S 288th St #38 | 0.00mi | 2/2.0 (-1) | 1,120 (-14%) | 4mo | $99,000 | $88 | 69 |
| 3001 S 288th St #394 | 0.25mi | 3/2.0 | 1,400 (+8%) | 17mo | $200,000 | $143 | 60 |
| 3001 S 288th St #344 | 0.21mi | 2/2.0 (-1) | 1,152 (-11%) | 14mo | $140,000 | $122 | 55 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.33% rent growth · sell at horizon
- IRR
- 43.1%
- Equity multiple
- 2.84×
- Total profit
- $44,556
- Equity at exit
- $12,896
- IRR
- 48.8%
- Equity multiple
- 5.57×
- Total profit
- $110,729
- Equity at exit
- $7,478
Cash invested: $24,217 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 28 Tenant-Leaning
- State Washington
- 28 Tenant-Leaning · D+8
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 5 active · 2 under contract
- Months of supply
- 10.0 mo (10%/mo absorbed)
- Median asking
- $110,550 ($101/sqft)
- Median days on market
- 194 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +11.6% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 98003
- Rents YoY
- 2.3%
- Active inventory
- 401
- Price-to-rent
- 3.8×
Monthly cashflow live
- Estimated rent
- $1,887 high interval (Pro) →
- Mortgage (P&I)
- −$454
- Tax from tax record
- −$62 /mo · $741/yr
- Insurance
- −$36
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$396
- Net cashflow
- $939
Break-even live
Sensitivity live
| Price | -10% $988 | -5% $964 | +0% $939 | +5% $915 | +10% $890 |
|---|---|---|---|---|---|
| Rent | -10% $790 | -5% $865 | +0% $939 | +5% $1,014 | +10% $1,089 |
| Rate | -1.0pp $983 | -0.5pp $961 | base $939 | +0.5pp $917 | +1.0pp $894 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $21,622
- Closing costs
- $2,595
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 28606 25th Pl S Unit 28624 Federal Way, WA | 4.0 | 2.0 | 1480 | $2,850 | $1.93 | 44d | 1 | 0.22mi |
| 2516 S 286th Pl Unit C Federal Way, WA | 3.0 | 2.0 | 1002 | $2,100 | $2.10 | 64d | 1 | 0.26mi |
| 2500 S 286th Pl Unit A Federal Way, WA | 2.0 | 2.0 | 1002 | $1,795 | $1.79 | 108d | 1 | 0.28mi |
| 2500 S 286th Pl Unit C Federal Way, WA | 2.0 | 2.0 | 1002 | $1,650 | $1.65 | 108d | 1 | 0.28mi |
| 2516 S 284th St Federal Way, WA | 4.0 | 3.0 | 1780 | $3,150 | $1.77 | 44d | 1 | 0.37mi |
| 29305 33rd Ave S Auburn, WA | 3.0 | 1.0 | 1320 | $2,875 | $2.18 | 140d | 1 | 0.39mi |
| 2311 S 284th Pl Federal Way, WA | 3.0 | 2.0 | 1600 | $1,630 | $1.02 | 10d | 1 | 0.41mi |
| 28700 34th Ave S Auburn, WA | 2.0–3.0 | 2.0 | 1089 | $2,875 | $2.64 | 0d | 8 | 0.42mi |
| 29225 34th Ave S Unit C3 Auburn, WA | 3.0 | 1.0 | 1100 | $2,500 | $2.27 | 18d | 1 | 0.43mi |
| 2017 S 284th Pl Federal Way, WA | 3.0 | 2.0 | 1540 | $3,250 | $2.11 | 10d | 1 | 0.50mi |
| 28852 37th Ave S Auburn, WA | 3.0 | 1.5 | 1720 | $1,800 | $1.05 | 7d | 1 | 0.55mi |
| 29222 18th Ave S Unit B Federal Way, WA | 2.0 | 2.0 | 1100 | $1,850 | $1.68 | 79d | 1 | 0.59mi |
| 1839 S 286th Ln Apt S202 Federal Way, WA | 2.0 | 2.0 | 926 | $1,795 | $1.94 | 120d | 1 | 0.60mi |
| 1839 S 286th Ln Apt S101 Federal Way, WA | 2.0 | 2.0 | 953 | $2,100 | $2.20 | 94d | 1 | 0.60mi |
| 2012 S 282nd Pl Federal Way, WA | 4.0 | 2.0 | 1500 | $3,150 | $2.10 | 99d | 1 | 0.60mi |
| 28821 18th Ave S Federal Way, WA | 3.0 | 3.0 | 1480 | $3,195 | $2.16 | 4d | 1 | 0.61mi |
| 29324 38th Pl S Auburn, WA | 3.0 | 1.0 | 1200 | $2,395 | $2.00 | 2d | 1 | 0.67mi |
| 3225 S 299th St Auburn, WA | 3.0 | 2.0 | 1100 | $2,750 | $2.50 | 87d | 1 | 0.67mi |
| 3231 S 299th St Auburn, WA | 4.0 | 3.0 | 1800 | $3,495 | $1.94 | 100d | 1 | 0.68mi |
| 28606 Pacific Hwy S Federal Way, WA | 2.0–4.0 | 1.0–2.0 | 1138 | $2,300 | $2.02 | 10d | 3 | 0.69mi |
| 4012 S 288th St Auburn, WA | 3.0 | 2.0 | 1000 | $2,595 | $2.60 | 27d | 1 | 0.72mi |
| 28120 18th Ave S Federal Way, WA | 1.0–2.0 | 1.0–1.5 | 905 | $2,099 | $2.32 | 0d | 24 | 0.73mi |
| 29645 39th Pl S Unit A Auburn, WA | 3.0 | 1.5 | 1250 | $2,750 | $2.20 | 0d | 1 | 0.74mi |
| 28606 16th Ave S #303 Federal Way, WA | 2.0 | 2.0 | 888 | $2,000 | $2.25 | 33d | 1 | 0.74mi |
| 29421 Pacific Hwy S Federal Way, WA | 2.0 | 2.0 | 1000 | $1,645 | $1.65 | 0d | 4 | 0.75mi |
| 2525 S 302nd Pl Federal Way, WA | 4.0 | 2.0 | 1490 | $2,999 | $2.01 | 10d | 1 | 0.78mi |
| 2015 S 301st St Federal Way, WA | 3.0 | 1.5 | 1120 | $2,800 | $2.50 | 97d | 1 | 0.80mi |
| 27912 Pacific Hwy S Federal Way, WA | 2.0 | 1.5 | 1018 | $1,599 | $1.57 | 18d | 10 | 0.86mi |
| 4409 S 292nd St Auburn, WA | 3.0 | 1.5 | 1250 | $2,850 | $2.28 | 43d | 1 | 0.91mi |
| 27908 Pacific Hwy S Federal Way, WA | 2.0 | 1.0 | 724 | $2,039 | $2.82 | 82d | 1 | 0.92mi |
| 4216 S 297th Pl Auburn, WA | 3.0 | 2.5 | 1440 | $3,000 | $2.08 | 117d | 1 | 0.94mi |
| 4320 S 296th Pl Auburn, WA | 4.0 | 1.5 | 1780 | $3,200 | $1.80 | 113d | 1 | 0.96mi |
| 2211 S Star Lake Rd Federal Way, WA | 1.0–3.0 | 1.0–2.0 | 902 | $2,253 | $2.50 | 0d | 42 | 0.99mi |
| 1737 S 305th Pl Unit 4 Federal Way, WA | 2.0 | 1.0 | 950 | $2,000 | $2.11 | 84d | 1 | 1.13mi |
| 30602 Pacific Hwy S Federal Way, WA | 1.0–2.0 | 1.0–1.5 | 950 | $1,650 | $1.74 | 55d | 15 | 1.15mi |
| 30331 15th Ct S Unit 10 Federal Way, WA | 2.0 | 1.5 | 1135 | $2,295 | $2.02 | 44d | 1 | 1.16mi |
| 30331 15th Ct S Unit 03 Federal Way, WA | 2.0 | 1.5 | 1135 | $2,295 | $2.02 | 139d | 1 | 1.16mi |
| 1916 S 308th St Federal Way, WA | 3.0 | 1.0 | 1040 | $2,395 | $2.30 | 139d | 1 | 1.20mi |
| 1650 S 308th St Federal Way, WA | 1.0–2.0 | 1.0 | 850 | $1,650 | $1.94 | 10d | 6 | 1.22mi |
| 30813 19th Pl S Federal Way, WA | 2.0 | 1.0 | 900 | $2,195 | $2.44 | 97d | 1 | 1.26mi |
Property features AI
Finance
- Other
- Buyer to verify school assignmentsBus line nearby
- Financial info
- Land lease: $1,103Listing terms: Cash or Conventional
- HOA & community
- Parkwood Lane community74 homes in the parkSenior communityPets allowed: cats and dogs (see remarks)
Exterior
- Parking
- Carport
- Security
- Security system
- Utilities
- Electric energy sourcePublic water (Lakehaven)Public sewer (Lakehaven)Power by Puget Sound EnergyXfinity internet
- Home design
- Manufactured home (double wide)One levelNorth-facingGood conditionMobile home remains in placeAwnings
- Construction
- Cement plank and wood constructionComposition roofTie-down foundationMade by Lamplighter
- Exterior features
- Cement-planked and wood sidingPatio / porch / deckLandscapedOpen spacePavedClubhouse and common area in parkRV parking
Interior
- Kitchen
- DishwasherGarbage disposalMicrowaveRefrigeratorStove/RangeTrash compactorKitchen with eating spaceDining room
- Bedrooms
- 3 bedrooms
- Flooring
- Ceramic tileLaminateSoftwoodVinylOther
- Bathrooms
- 1 full bath1 three-quarter bath1 bathtub2 showers
- Heating & cooling
- Forced air heatingHeat pump (heating and cooling)
- Interior features
- Water heaterCeiling fan(s)Double pane windowsDrapesSkylightsVaulted ceilingsWalk-in closetSecurity system
- Laundry & utility
- WasherDryerUtility roomWater heater in closet off kitchen
Listing history 50 events
-
2026-09-21days on market $86,490 Active
-
2026-09-19days on market $86,490 Active 149 DOM
-
2026-09-18days on market $86,490 Active 148 DOM
-
2026-09-17days on market $86,490 Active 147 DOM
-
2026-09-16days on market $86,490 Active 146 DOM
-
2026-09-15days on market $86,490 Active 145 DOM
-
2026-09-14days on market $86,490 Active 144 DOM
-
2026-09-13days on market $86,490 Active 143 DOM
-
2026-09-12days on market $86,490 Active 142 DOM
-
2026-09-11pricedays on market $86,490 Active 141 DOM
-
2026-09-05days on market $93,000 Active 135 DOM
-
2026-09-04days on market $93,000 Active 134 DOM
-
2026-09-03days on market $93,000 Active 133 DOM
-
2026-08-31days on market $93,000 Active 130 DOM
-
2026-08-30days on market $93,000 Active 129 DOM
-
2026-08-29days on market $93,000 Active 128 DOM
-
2026-08-28days on market $93,000 Active 127 DOM
-
2026-08-27days on market $93,000 Active 126 DOM
-
2026-08-25days on market $93,000 Active 124 DOM
-
2026-08-24days on market $93,000 Active 123 DOM
-
2026-08-23days on market $93,000 Active 122 DOM
-
2026-08-22days on market $93,000 Active 121 DOM
-
2026-08-21days on market $93,000 Active 120 DOM
-
2026-08-20days on market $93,000 Active 119 DOM
-
2026-08-19days on market $93,000 Active 118 DOM
-
2026-08-18days on market $93,000 Active 117 DOM
-
2026-08-17days on market $93,000 Active 116 DOM
-
2026-08-16days on market $93,000 Active 115 DOM
-
2026-08-15days on market $93,000 Active 114 DOM
-
2026-08-14days on market $93,000 Active 113 DOM
-
2026-08-13days on market $93,000 Active 112 DOM
-
2026-08-12days on market $93,000 Active 111 DOM
-
2026-08-11days on market $93,000 Active 110 DOM
-
2026-08-10days on market $93,000 Active 109 DOM
-
2026-08-09days on market $93,000 Active 108 DOM
-
2026-08-08days on market $93,000 Active 107 DOM
-
2026-08-06days on market $93,000 Active 105 DOM
-
2026-08-05days on market $93,000 Active 104 DOM
-
2026-08-04days on market $93,000 Active 103 DOM
-
2026-08-03days on market $93,000 Active 102 DOM
-
2026-07-31days on market $93,000 Active 99 DOM
-
2026-07-30days on market $93,000 Active 98 DOM
-
2026-07-30days on market $93,000 Active 97 DOM
-
2026-07-28days on market $93,000 Active 96 DOM
-
2026-07-26pricedays on market $93,000 Active 94 DOM
-
2026-07-24days on market $105,000 Active 92 DOM
-
2026-07-23days on market $105,000 Active 91 DOM
-
2026-07-22days on market $105,000 Active 90 DOM
-
2026-07-21days on market $105,000 Active 89 DOM
-
2026-07-20days on market $105,000 Active 88 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast WA · Resets to sale price
- Current annual tax
- $741 · $62/mo
- Projected year-2 tax
- $848 · $71/mo
- Expected delta
- +$107/yr (+$9/mo · 14.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥87°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 7/10 Severe 10 unhealthy d/yr today · 11 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,645
- − Mortgage interest
- −$4,845
- − Property taxes
- −$741
- − Insurance
- −$432
- − Repairs & maintenance
- −$1,812
- − Management
- −$1,812
- − Depreciation
- −$2,516
- Taxable income
- $10,488
- Est. tax owed @ 24.0%
- −$2,517
- After-tax cash flow
- $8,756/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
This home is in good condition with a good roof and exterior. It has a good layout and is move-in ready.
Components & finishes AI
Deferred maintenance Est. $500–$2,000 screening
- Minor Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No visible signs of major damage or wear on the roof.
Value-add opportunities
- Resale Paint exterior — Fresh paint can enhance curb appeal and home value ↑
- Rental Clean gutters — Clean gutters improve drainage and reduce maintenance costs ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Federal Way School District
- NCES district ID
- 5302820
- Math proficiency
- 35% ▬ 0.00%
- Reading proficiency
- 47% ▬ 0.00%
- Median HH income
- $61,594
- Composite
- 38.79/100
- National rank
- #8361
- State rank
- #207 of 291 in WA
Livability — Federal Way
- Score
- 71/100
- State rank
- #221
- US rank
- #6403
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Federal Way, WA
- County
- King County · 2,576,485 people
- City population
- 102,067
- Metro
- Seattle-Tacoma-Bellevue, WA
- Population (ZIP)
- 51,619
- Household income
- $75,319
- Rent vs Own
- Severe rent burden
- 17% of renters
Population outlook (King County) Hauer SSP2
- Today (2025)
- 2,576,485 people
- By 2030
- 2,803,316 · +8.8%
- By 2040
- 3,255,921 · +26.4%
- By 2050
- 3,706,444 · +43.9%
- By 2075
- 4,746,063 · +84.2%
- By 2100
- 5,407,730 · +109.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.79)
- Race & ethnicity
- White 32% Hispanic / Latino 23% Black 19% Two or more races 16% Asian 13% Pacific Islander 2%
- Hispanic origin (detail)
- Mexican 18%
- Common ancestry
- Portuguese 3% Lithuanian 2% Swedish 2%
- Foreign-born
- 32% · Canada, South Korea, Vietnam
- Languages at home
- 57% English-only · Spanish 18% Other Indo-European 3% Russian/Polish/Slavic 3%
Political lean MEDSL · King
- 2024 margin
- Solid D (+51.7) · D 74.2% · R 22.5% · Other 3.4%
- 2008→2024 swing
- +9.6pp toward D · 2008: 42.1pp · 2024: 51.7pp
- All cycles
- 2024: D+51.7 2020: D+52.7 2016: D+50.4 2012: D+39.9 2008: D+42.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -623.87%
- Current HPI
- 327.5371
- Rent YoY
- ▲ 2.33%
- Metro
- Seattle-Tacoma-Bellevue, WA
- State GDP YoY
- ▲ 4.65%
- F500 in state
- 22
Industry mix (Fortune 500 HQ in WA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Retail | 2 | $269B |
|
||
| Technology / Retail | 1 | $638B |
|
||
| Technology | 1 | $245B |
|
||
| Telecommunications | 1 | $38B |
|
||
| Food / Beverage | 1 | $36B |
|
||
| Automotive / Trucks | 1 | $34B |
|
||
Price history
-92.2% since first listed10 events — show timeline
- 2026-04-23 Listed $115,000 NWMLS as Distributed by MLS Grid
- 2023-03-08 Sold (MLS) $100,000 NWMLS as Distributed by MLS Grid
- 2023-02-17 Pending — NWMLS as Distributed by MLS Grid
- 2023-02-05 Price Changed $110,000 NWMLS as Distributed by MLS Grid
- 2023-01-13 Price Changed $117,000 NWMLS as Distributed by MLS Grid
- 2022-10-27 Price Changed $125,000 NWMLS as Distributed by MLS Grid
- 2022-10-06 Listed $133,000 NWMLS as Distributed by MLS Grid
- 2005-10-06 Sold (MLS) $55,000 NWMLS as Distributed by MLS Grid
- 2005-07-22 Listed $63,000 NWMLS as Distributed by MLS Grid
- 1994-06-14 Sold (Public Records) $1,481,166 Public Records
Property tax history
+4.5%/yrLatest (2025): $741 · +6.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…