NOT LISTED FOR SALE

18540 SE 245th Place Covington, WA 98042

Estimated Value: $549,664 - $682,000

3 Beds
1 Bath
1,190 Sq Ft
$498/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $480,000 $403 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,570/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Attached Garage
  • Deck
  • 1 Fireplace
  • Open Space

About This Home

As of June 2021

Come home to a lovely updated rambler w/huge detached shop on a quiet and secluded street. The covered front porch entry greets you into a home where the living spaces flow together. The living room has a new high end gas fireplace w/remote, newer wood laminate floors. The upgraded kitchen w/SS appliances and dining area with extra flex/family space and direct access to new oversized covered entertaining deck and enormous yard. There are 3 bedrooms with a newly remodeled gorgeous bath. No HOA's or CCR's! Highlights include, oversized laundry room with dog bath; fenced yard with flat open square yard, garden space, fire pit, attached two car garage; detached shop has power; room for RV/boat. Super convenient to Covington amenities; commutes.

Last Agent to Sell the Property

Klara Pecak

KW Greater Seattle License #94634 Listed on: 05/21/2021

KW Greater Seattle

Last Buyer's Agent

Kent Farmer

Meridian Valley Realty Inc. License #17104

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1778199

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1968

Lot Details

  • Open Space
  • Property is Fully Fenced
  • Level Lot
  • Garden

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Covington Community

Listing and Financial Details

  • Assessor Parcel Number 7942200110

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,137

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights
  • Floor Covering: Laminate, Vinyl
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 1190
  • Square Footage Finished: 1190

Exterior Features

  • Exterior: Wood Products
  • Foundation: Slab
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Covington
  • Project: Squire Estates

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: KNT

Lot Info

  • Lot Number: 25
  • Lot Details: Curbs, Open Space, Paved Street
  • Lot Sq Ft: 9600
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 7942200110
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 23, 2021
Sold by
Olson Teresa M
Bought by
Ramirez Jeffrey
Seller's Agent
Klara Pecak
KW Greater Seattle
Buyer's Agent
Kent Farmer
Meridian Valley Realty Inc.
List Price
$449,000
Sold Price
$480,000
Premium/Discount to List
$31,000
6.9%
Total Days on Market
4
Current Estimated Value
$592,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,166
Avg. Annual Appreciation
5.46%
Original Mortgage
$330,000
Outstanding Balance
$302,650
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$289,516

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 30, 2019
Sold by
Reynolds Steven and Reynolds Steve
Bought by
Olson Teresa M
Seller's Agent
Erin Myers
eXp Realty
Buyer's Agent
Klara Pecak
KW Greater Seattle
List Price
$359,950
Sold Price
$352,500
Premium/Discount to List
-$7,450
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Original Mortgage
$282,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Spearman Susan C
Bought by
Reynolds Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,100
Interest Rate
8.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2002
Sold by
American General Financial Services Inc
Bought by
Spearman Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
7.75%

Purchase Details

Closed on
Nov 9, 2002
Sold by
Spearman Theodore Eugene
Bought by
Spearman Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
7.75%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Herron Charles T and Herron Sabrina M
Bought by
American General Financial Services Inc

Purchase Details

Closed on
Jan 3, 2001
Sold by
Herron Sabrina M
Bought by
Herron Charles T
Source: Public Records

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Range of Values:

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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
Ramirez Jeffrey $480,000 Ticor Title
Olson Teresa M $352,500 Chicago Title
Reynolds Steven $100,046 Fidelity Natio
Spearman Susan C $128,500 Pacific Nw Tit
Spearman Susan C -- Pacific Nw Tit
American General Financial Services Inc $104,000 Pacific Nw Title
Herron Charles T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jeffrey $330,000
Previous Owner Olson Teresa M $282,000
Previous Owner Reynolds Steve $190,400
Previous Owner Reynolds Steven $155,100
Previous Owner Spearman Susan C $20,000
Previous Owner Spearman Susan C $102,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $480,000 +6.9% $403 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $449,000 +27.4% $377 / Sq Ft
05/03/2019 05/03/19 Sold $352,500 -2.1% $296 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $359,950 -- $302 / 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 $5,137 $495,000 $259,000 $236,000
2023 $4,849 $444,000 $232,000 $212,000
2022 $4,724 $490,000 $257,000 $233,000
2021 $3,666 $389,000 $220,000 $169,000
2020 $3,466 $279,000 $113,000 $166,000
2018 $3,076 $249,000 $106,000 $143,000
2017 $2,810 $224,000 $96,000 $128,000
2016 $2,762 $204,000 $88,000 $116,000
2015 $3,018 $187,000 $80,000 $107,000
2014 -- $204,000 $78,000 $126,000
2013 -- $170,000 $63,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1778199

Northwest Multiple Listing Service (NWMLS)

APN: 794220-0110