NOT LISTED FOR SALE

16526 SE 256th St Unit F2 Covington, WA 98042

Estimated Value: $482,000 - $497,000

2 Beds
3 Baths
1,516 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 16526 SE 256th St Unit F2, Covington, WA 98042 and is currently estimated at $489,335, approximately $322 per square foot. 16526 SE 256th St Unit F2 is a home located in King County with nearby schools including Crestwood Elementary School, Mattson Middle School, and Kentwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Wallace Patrick H and Wallace Arlene M
Bought by
Reis Joshua
Current Estimated Value
$494,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,625
Outstanding Balance
$416,485
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$72,850

Purchase Details

Closed on
Apr 21, 2009
Sold by
Legg Colleen L
Bought by
Wallace Patrick H and Wallace Arlene M

Purchase Details

Closed on
Mar 20, 2007
Sold by
Kingsbury James W and Seeley Rose
Bought by
Legg Colleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Shiloh Village Condominium Assn
Bought by
City Of Covington

Purchase Details

Closed on
Jul 10, 2003
Sold by
Ruth William E
Bought by
Kingsbury James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Reis Joshua $477,500 Chicago Title
Wallace Patrick H $235,000 Rainier Title
Legg Colleen L $328,000 Rainier Title
City Of Covington -- First American
Kingsbury James W $230,000 Washington Tit
Kingsbury James W -- Washington Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis Joshua $453,625
Previous Owner Legg Colleen L $262,400
Previous Owner Kingsbury James W $100,000
Source: Public Records

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 $4,668 $438,000 $75,900 $362,100
2023 $4,597 $509,000 $64,200 $444,800
2022 $4,484 $421,000 $58,300 $362,700
2021 $4,166 $363,000 $58,300 $304,700
2020 $3,988 $320,000 $58,300 $261,700
2018 $3,698 $315,000 $46,700 $268,300
2017 $3,376 $275,000 $46,700 $228,300
2016 $3,155 $250,000 $46,700 $203,300
2015 $3,195 $216,000 $46,700 $169,300
2014 -- $216,000 $40,800 $175,200
2013 -- $175,000 $40,800 $134,200
Source: Public Records

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