Listed by Windermere Real Estate/PSR Inc, Bought with Polaris Pacific
NOT LISTED FOR SALE

16513 SE 262nd Place Covington, WA 98042

Estimated Value: $751,000 - $827,000

5 Beds
3 Baths
3,140 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $400,000 $127 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,861/month

6 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Corner Lot
  • Kentwood High School Rated A-
  • 1 Fireplace
  • Attached Garage

About This Home

As of May 2016

Grass lined sidewalks, brick accents and covered front porch welcome you to this spacious home. Comfortably accommodating for everyone. Roomy kitchen has a Costco sized pantry and an eating area big enough for a real table. Family room with gas fireplace for quiet evening movies, pool table sized bonus room for raucous parties. 5 bedrooms, 4 with walk-in closets and huge master suite w dual walk-in closets and 5 piece bath. Fenced backyard with extended patio. Finished garage with painted floor.

Last Agent to Sell the Property

Jennifer Clukey

Windermere Real Estate/PSR Inc License #74076 Listed on: 03/22/2016

Windermere Real Estate/PSR Inc

Co-Listed By

Mike Elliott

Windermere Real Estate/PSR Inc License #5445

Last Buyer's Agent

Kathy Miller

Polaris Pacific

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM912710

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 2003

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

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 2799800790

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,928

Year Built

Built in 2003

Lot Details

0

Listing Details

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

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dining Room, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • 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: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3140
  • Square Footage Finished: 3140

Exterior Features

  • Exterior: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

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: Soos Creek
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 24
  • Community Name: Covington
  • Project: Stonefield
  • Community Features: Ccrs

Schools

  • Middle School: Mattson Jnr High
  • High School: Kentwood High
  • School District: KNT

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 6041
  • Lot Topography Vegetation: Level
  • Parcel Number: 2799800790
  • Lot Topography: Level

Tax Info

  • Tax Amount: 4433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 10, 2016
Sold by
Veach Courtney R and Veach Brandon
Bought by
Zhou Hao and Li Jiake
Seller's Agent
Jennifer Clukey
Windermere Real Estate/PSR Inc
Buyer's Agent
Kathy Miller
Polaris Pacific
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$786,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,216
Avg. Annual Appreciation
7.53%
Original Mortgage
$320,000
Outstanding Balance
$146,467
Interest Rate
2.86%
Mortgage Type
New Conventional
Estimated Equity
$637,312

Purchase Details

Closed on
Feb 11, 2015
Sold by
Veach Brandon
Bought by
Veach Courtney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Shamek Courtney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,804
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2011
Sold by
Central Mortgage Company
Bought by
Hsbc Bank Usa National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,804
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2010
Sold by
Getoso Oscar V and Gestoso Vicenta B
Bought by
Central Mortgage Company

Purchase Details

Closed on
Sep 15, 2005
Sold by
Greene Stephen S and Greene Cecile H
Bought by
Gestoso Oscar and Gestoso Vicenta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 20, 2003
Sold by
Cambria Homes Llc
Bought by
Greene Stephen S and Greene Cecile H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Zhou Hao $400,000 Cw Title Co
Veach Courtney R -- Nextitle
Shamek Courtney R $279,900 Fidelity Natio
Hsbc Bank Usa National Association $279,900 Fidelity Natio
Central Mortgage Company $245,000 First American
Gestoso Oscar $385,000 Chicago Title
Greene Stephen S $289,125 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Hao $320,000
Previous Owner Veach Courtney R $262,000
Previous Owner Shamek Courtney R $272,804
Previous Owner Gestoso Oscar $368,000
Previous Owner Gestoso Oscar $346,500
Previous Owner Greene Stephen S $36,400
Previous Owner Greene Stephen S $231,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $400,000 0.0% $127 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $400,000 -- $127 / 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 $6,928 $665,000 $272,000 $393,000
2023 $7,004 $597,000 $243,000 $354,000
2022 $6,457 $659,000 $269,000 $390,000
2021 $5,658 $532,000 $230,000 $302,000
2020 $5,351 $438,000 $135,000 $303,000
2018 $5,193 $413,000 $127,000 $286,000
2017 $4,835 $386,000 $115,000 $271,000
2016 $4,733 $352,000 $105,000 $247,000
2015 $4,433 $322,000 $95,000 $227,000
2014 -- $293,000 $87,000 $206,000
2013 -- $244,000 $70,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM912710

Northwest Multiple Listing Service (NWMLS)

APN: 279980-0790