16224 SE 261st Place Covington, WA 98042
Estimated Value: $825,414 - $909,000
3
Beds
3
Baths
2,720
Sq Ft
$318/Sq Ft
Est. Value
About This Home
This home is located at 16224 SE 261st Place, Covington, WA 98042 and is currently estimated at $865,354, approximately $318 per square foot. 16224 SE 261st Place is a home located in King County with nearby schools including Covington Elementary School, Mattson Middle School, and Kentwood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2005
Sold by
Reathaford Duane A and Reathaford Sarah H
Bought by
Collier Mark R and Collier Ann E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$93,731
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$771,623
Purchase Details
Closed on
Nov 4, 1996
Sold by
Colony Craft Inc
Bought by
Reathaford Duane A and Reathaford Sarah H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.11%
Mortgage Type
Balloon
Purchase Details
Closed on
Apr 20, 1995
Sold by
Knell Dale P and Knell Susan M
Bought by
Colony Craft Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collier Mark R | $454,000 | Lawyers Title | |
| Reathaford Duane A | $255,990 | Chicago Title Insurance Co | |
| Colony Craft Inc | $55,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collier Mark R | $124,000 | |
| Open | Collier Mark R | $330,000 | |
| Previous Owner | Reathaford Duane A | $164,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,487 | $730,000 | $301,000 | $429,000 |
| 2023 | $7,518 | $649,000 | $269,000 | $380,000 |
| 2022 | $6,930 | $716,000 | $298,000 | $418,000 |
| 2021 | $6,618 | $578,000 | $255,000 | $323,000 |
| 2020 | $6,262 | $525,000 | $140,000 | $385,000 |
| 2018 | $5,844 | $495,000 | $132,000 | $363,000 |
| 2017 | $5,368 | $444,000 | $120,000 | $324,000 |
| 2016 | $5,264 | $405,000 | $110,000 | $295,000 |
| 2015 | $5,255 | $370,000 | $100,000 | $270,000 |
| 2014 | -- | $363,000 | $105,000 | $258,000 |
| 2013 | -- | $303,000 | $84,000 | $219,000 |
Source: Public Records
Map
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