18222 SE Wax Rd Covington, WA 98042
Estimated payment $8,523/month
Highlights
- Very Popular Property
- Low Bank Waterfront Property
- Sauna
- Kentwood High School Rated A-
- Home fronts a creek
- RV Access or Parking
About This Home
Discover a rare opportunity in Covington—8.6 acres of fully fenced and cross-fenced, level pasture offering privacy, flexibility, and rental income potential. A long, private driveway—recently paved with asphalt (a $70K investment)—extends over a quarter mile, creating an impressive and serene approach to the property. Along the way, you’ll cross gently flowing Jenkins Creek, a picturesque low-bank stream that is not located within a flood zone. The 1,950 square foot home features 3 bedrooms and 2 full bathrooms, providing comfortable everyday living surrounded by natural beauty, with the added luxury of a fully functional sauna for relaxation and wellness. A standout feature of this property is the expansive 4,000 square foot shop, offering parking for 10+ vehicles, abundant storage, and an overhead loft. The structure also presents exceptional flexibility for multi-generational living or income potential, with two large bedrooms and two bathrooms already in place—ideal for extended living or possible rental use. The level pastureland offers additional opportunity, whether for livestock, recreation, or leasing for supplemental income. This unique property combines usable acreage, functional outbuildings, and income-producing potential, for rental of two bedrooms complete with their own bathrooms, and pasture rental—all in a peaceful Covington setting.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2503186
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,913
Year Built
- Built in 1990
Lot Details
- 8.16 Acre Lot
- Home fronts a creek
- Low Bank Waterfront Property
- East Facing Home
- Gated Home
- Property is Fully Fenced
- Level Lot
- Fruit Trees
- Garden
- Property is in very good condition
Property Views
- River
- Territorial
Home Design
- Poured Concrete
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 1,950 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Burning Fireplace
- Electric Fireplace
- Gas Fireplace
- Sauna
- Home Security System
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Parking
- Garage
- RV Access or Parking
Outdoor Features
- Patio
- Outbuilding
Schools
- Crestwood Elementary School
- Mattson Middle School
- Kentwood High School
Farming
- Pasture
Utilities
- High Efficiency Heating System
- Heat Pump System
- Private Water Source
- Well
- Sewer Not Available
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Covington Subdivision
Listing and Financial Details
- Assessor Parcel Number 1922069129
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,712 | $1,219,000 | $1,218,000 | $1,000 |
| 2023 | $11,008 | $1,089,000 | $1,088,000 | $1,000 |
| 2022 | $11,598 | $1,202,000 | $1,201,000 | $1,000 |
| 2021 | $9,520 | $1,026,000 | $1,025,000 | $1,000 |
| 2020 | $9,008 | $795,000 | $492,000 | $303,000 |
| 2018 | $7,897 | $708,000 | $461,000 | $247,000 |
| 2017 | $7,262 | $635,000 | $417,000 | $218,000 |
| 2016 | $7,155 | $579,000 | $380,000 | $199,000 |
| 2015 | $6,847 | $529,000 | $344,000 | $185,000 |
| 2014 | -- | $497,000 | $338,000 | $159,000 |
| 2013 | -- | $414,000 | $271,000 | $143,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $1,395,000 | +26.8% | $715 / Sq Ft | |
| 02/18/2022 02/18/22 | Sold | $1,100,000 | +10.0% | $564 / Sq Ft | View Prior Sale |
| 01/31/2022 01/31/22 | For Sale | $1,000,000 | 0.0% | $513 / Sq Ft | |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- | |
| 01/22/2022 01/22/22 | Pending | -- | -- | -- | |
| 01/19/2022 01/19/22 | For Sale | $1,000,000 | -- | $513 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | None Listed On Document | |
| Warranty Deed | $214,000 | First American | |
| Trustee Deed | $146,000 | None Available | |
| Quit Claim Deed | -- | Ticor National | |
| Quit Claim Deed | $575,000 | -- | |
| Interfamily Deed Transfer | -- | Ticor National | |
| Warranty Deed | $1,700,000 | Ticor National | |
| Warranty Deed | $195,000 | Transnation Title Insurance | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,105,000 | Purchase Money Mortgage | |
| Previous Owner | $190,000 | No Value Available | |
| Previous Owner | $170,000 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2503186
APN: 192206-9129
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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