NOT LISTED FOR SALE

16022 SE 256th Place Covington, WA 98042

Estimated Value: $613,000 - $644,000

3 Beds
3 Baths
1,560 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $510,000 $327 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,779/month

Highlights

  • Mountain View
  • Contemporary Architecture
  • 1 Fireplace
  • Kentwood High School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of July 2021

Rare resale in the desirable Reserve neighborhood in Covington. Standout features include: extensive laminate floors from the entry into the great room and in all the bedrooms, cozy corner gas fireplace, oversized 2 car garage, Mt. Rainier views from upstairs bedrooms, vaulted ceilings large walk in closet and attached en suite in the primary bedroom, downstairs slider leads out to the fully fenced backyard with covered patio, Intex hot tub, close to nearby community lake with surrounding trail. Home has been pre-inspected and is move in ready. Close to new restaurants, shopping, the new Covington Elementary and easy access to the Sounder Station and HWY 18 for commuting.

Last Agent to Sell the Property

Tyler Freed

Windermere Real Estate/PSK Inc License #25774 Listed on: 05/19/2021

Windermere Real Estate/PSK Inc

Last Buyer's Agent

Cuong Nguyen

John L. Scott, Inc. License #121975

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1772453

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 2003

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Property is zoned R6

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Covington Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7237300840

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,666

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Homebuilder: Soundbuilt Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1560
  • Square Footage Finished: 1560

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Brick, Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Soos Creek
  • Water Company: Covington Water
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 46
  • Community Name: Covington
  • Project: The Reserve
  • Community Features: CCRs

Schools

  • Elementary School: Covington Elem
  • Middle School: Mattson Jnr High
  • High School: Kentwood High
  • School District: KNT

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4171
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 7237300840
  • Zoning Code: R6
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 4854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 30, 2021
Sold by
Burke Kristal and Burke Patrick
Bought by
Nguyen Thang and Chanthakoun Nancy
Seller's Agent
Tyler Freed
Windermere Real Estate/PSK Inc
Buyer's Agent
Cuong Nguyen
John L. Scott, Inc.
List Price
$524,880
Sold Price
$510,000
Premium/Discount to List
-$14,880
-2.83%
Current Estimated Value
$626,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,151
Avg. Annual Appreciation
4.87%
Original Mortgage
$484,500
Outstanding Balance
$444,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,338

Purchase Details

Closed on
Mar 24, 2015
Sold by
Burke Kristal A and Burke Patrick Timothy
Bought by
Burke Kristal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Robinson Kristal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,125
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 21, 2010
Sold by
Horn Justine Chanda
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 24, 2006
Sold by
Suganumasato Miki S and Leon Miki S
Bought by
Horn Justine Chanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,303
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2004
Sold by
Leon Kenneth K and Leon Miki S
Bought by
Leon Miki S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,970
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nguyen Thang $510,000 Cw Title
Burke Kristal A -- Rainier Title
Robinson Kristal -- First American
The Secretary Of Housing & Urban Develop -- Northwest Title
Wells Fargo Bank Na $316,933 Northwest Title
Horn Justine Chanda $304,000 Rainier Title
Leon Miki S -- First American
Leon Miki S $214,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thang $484,500
Previous Owner Burke Kristal A $171,500
Previous Owner Robinson Kristal $164,125
Previous Owner Horn Justine Chanda $299,831
Previous Owner Horn Justine Chanda $299,303
Previous Owner Leon Miki S $128,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $510,000 +2.0% $327 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $499,880 -4.8% $320 / Sq Ft
05/19/2021 05/19/21 For Sale $524,880 -- $336 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2024 $5,666 $550,000 $278,000 $272,000
2023 $5,749 $494,000 $249,000 $245,000
2022 $5,297 $545,000 $275,000 $270,000
2021 $4,855 $440,000 $235,000 $205,000
2020 $4,590 $382,000 $121,000 $261,000
2018 $4,061 $341,000 $114,000 $227,000
2017 $3,737 $306,000 $103,000 $203,000
2016 $3,668 $279,000 $94,000 $185,000
2015 $3,707 $255,000 $85,000 $170,000
2014 -- $254,000 $87,000 $167,000
2013 -- $212,000 $70,000 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1772453

Northwest Multiple Listing Service (NWMLS)

APN: 723730-0840