NOT LISTED FOR SALE

10125 Cove Way SE Port Orchard, WA 98367

Estimated Value: $734,000 - $1,005,000

2 Beds
2 Baths
2,358 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $335,000 $142 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $5,233/month

About This Home

As of October 2013

WATERFRONT HOME, medium bank with steps down to the bulkhead. Views of Covos Passage and up to the Space Needle, Vashon Island and the top of Mount Rainier. Very large Great Room with Vaulted ceiling and Picture windows to watch Eagles and all the boating activities on Covos Passage. New interior paint, carpets, vinyl, range/oven and new electric panel. Detached garage with finished rec. room above, about 400sq ft and is included in finished square footage. Very well priced waterfront.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Ervin Suzie
Bought by
Ervin Michael and Ervin Suzie
Current Estimated Value
$849,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$453,090
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$396,318

Purchase Details

Closed on
Sep 27, 2018
Sold by
Ervin Michel and Ervin Suzie
Bought by
Ervin Suzie

Purchase Details

Listed on
May 8, 2013
Closed on
Sep 4, 2013
Sold by
Wells Fargo Bank Na
Bought by
Ervin Michael and Ervin Suzie
Seller's Agent
Dave Foster
Better Properties Gig Harbor
Buyer's Agent
Deborah Cain
John L. Scott Vashon
List Price
$348,900
Sold Price
$335,000
Premium/Discount to List
-$13,900
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$328,932
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2013
Sold by
Richman Dave and Peterson Kim Sarin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 5, 2007
Sold by
Hill Jeaneane L
Bought by
Richman David and Richman Kim S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.36%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 14, 2006
Sold by
Hill Robert E
Bought by
Hill Jeaneane L

Purchase Details

Closed on
Jun 23, 2005
Sold by
Tittle Wayne and Tittle Kathleen A
Bought by
Hill Robert E and Hill Jeaneane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ervin Michael -- Servicelink
Ervin Suzie -- None Available
Ervin Michael $335,000 Servicelink
Wells Fargo Bank Na $548,030 None Available
Richman David $645,280 First American Title Ins Co
Hill Jeaneane L -- None Available
Hill Robert E $455,280 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Michael $506,250
Closed Ervin Michael $49,999
Closed Ervin Michael $32,000
Closed Ervin Michael $32,900
Closed Ervin Michael $28,900
Closed Ervin Michael $363,616
Closed Ervin Michael $328,932
Previous Owner Richman David $516,000
Previous Owner Hill Robert E $359,000
Previous Owner Tittle Wayne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $335,000 -4.0% $142 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $348,900 -- $148 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,506 $750,320 $255,170 $495,150
2024 $6,308 $750,320 $255,170 $495,150
2023 $6,268 $750,320 $255,170 $495,150
2022 $6,309 $633,030 $228,630 $404,400
2021 $6,019 $571,040 $204,130 $366,910
2020 $5,273 $484,770 $147,040 $337,730
2019 $4,411 $444,830 $147,040 $297,790
2018 $4,669 $395,720 $133,090 $262,630
2017 $4,319 $395,720 $133,090 $262,630
2016 $4,171 $349,450 $126,760 $222,690
2015 $3,913 $331,870 $126,760 $205,110
2014 -- $374,250 $202,290 $171,960
2013 -- $365,850 $196,820 $169,030
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Dave Foster

    Better Properties Gig Harbor

    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Ron Bishop

    John L. Scott, Inc.

    Section Image

  • D

    Buyer's Agent in 2013

    Deborah Cain

    John L Scott

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Map

Washington Kitsap County Port Orchard 98367

10125 Cove Way SE, Port Orchard, WA

This home is located at 10125 Cove Way SE, Port Orchard, WA 98367 and is currently estimated at $849,408, approximately $360 per square foot. 10125 Cove Way SE is a home located in Kitsap County with nearby schools including South Colby Elementary School, John Sedgwick Middle School, and South Kitsap High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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