NOT LISTED FOR SALE

16109 SE 259th Ct Covington, WA 98042

Estimated Value: $797,000 - $908,000

5 Beds
3 Baths
2,880 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $575,000 $200 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,147/month

3 Days on Market

Highlights

  • Waterfront Community
  • Lake View
  • Northwest Architecture
  • Kentwood High School Rated A-
  • Deck
  • Bamboo Flooring

About This Home

As of December 2018

Exquisitely remodeled 5 bedroom/2.5 bath lake front home in The Reserve that has it all! Lake views from many rooms. Chef's kitchen w/raised panel cabinets, granite counters & butler's pantry. Luxurious, spa inspired master suite w/steam shower, custom designer walk-in closet & private view balcony. 4 add'l bedrooms& laundry up + bonus w/gas fireplace. Hardwoods, white doors & mill work, A/C + a custom dog run! Large covered patio w/access to lake & paved trail. Walking distance to all schools!

Last Agent to Sell the Property

Sue Lunsford

Windermere Real Estate/PSR Inc License #104179 Listed on: 11/12/2018

Windermere Real Estate/PSR Inc

Last Buyer's Agent

Luke Griffin

Terrafin License #114667

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1383388

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,484

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R6

Property Views

  • Lake
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7237300270

Community Details

Overview

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

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,484

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Homebuilder: Sound Built Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Walk In Pantry, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2880
  • Square Footage Finished: 2880

Exterior Features

  • Exterior: Cement Planked, Stone
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Soos Creek
  • Water Company: Covington
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 40
  • Community Name: Covington
  • Project: The Reserve
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Number: 27
  • Lot Details: Cul-De-Sac, Curbs, Dead End Street, Paved Street, Sidewalk
  • Lot Dimensions: 50"x 95"x 41'x138'
  • Lot Sq Ft: 4557
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 7237300270
  • Zoning Code: R6
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 4866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Melson Lorrie A
Bought by
Free Ronald W and Free Hallie A
Current Estimated Value
$831,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2018
Closed on
Nov 27, 2018
Sold by
Kappe Jason R and Kappe Jennifer S
Bought by
Free Hallie A and Free Ronald W
Seller's Agent
Sue Lunsford
Windermere Real Estate/PSR Inc
Buyer's Agent
Luke Griffin
Terrafin
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$546,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Sound Built Homes Inc
Bought by
Kappe Jason R and Kappe Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,350
Interest Rate
5.5%
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
Free Ronald W -- Wfg Natl Ttl Co Of Wa Llc
Free Hallie A $575,000 Stewart Title
Kappe Jason R $279,215 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Free Ronald W $143,700
Closed Free Ronald W $143,700
Closed Free Ronald W $56,400
Open Free Ronald W $548,000
Closed Free Ronald W $551,500
Previous Owner Free Hallie A $546,250
Previous Owner Kappe Jason R $399,200
Previous Owner Kappe Jennifer S $76,255
Previous Owner Kappe Jason R $100,000
Previous Owner Kappe Jason R $328,000
Previous Owner Kappe Jason R $223,350
Closed Kappe Jason R $55,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $575,000 +4.5% $200 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $550,000 -- $191 / 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 $7,484 $740,000 $297,000 $443,000
2023 $7,604 $664,000 $266,000 $398,000
2022 $6,901 $733,000 $294,000 $439,000
2021 $5,790 $582,000 $251,000 $331,000
2020 $5,482 $458,000 $131,000 $327,000
2018 $4,866 $409,000 $123,000 $286,000
2017 $4,506 $367,000 $112,000 $255,000
2016 $4,415 $335,000 $102,000 $233,000
2015 $4,340 $306,000 $93,000 $213,000
2014 -- $295,000 $96,000 $199,000
2013 -- $246,000 $77,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1383388

Northwest Multiple Listing Service (NWMLS)

APN: 723730-0270