NOT LISTED FOR SALE

18616 SE 265th St Covington, WA 98042

Estimated Value: $494,000 - $533,000

3 Beds
2 Baths
1,160 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $360,000 $310 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,273/month

4 Days on Market

Highlights

  • Clubhouse
  • 1 Fireplace
  • Storm Windows
  • Deck
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of August 2020

Rambler shows price of ownership. All appliances included. Master bedroom with slider to backyard. Updated bathroom. Living room with cozy fireplace for warm ambiance on cool nights. Newer laminate floors. Backyard deck looks out onto fully fenced level backyard. Part of Timberlane association with community pool and parks.

Last Agent to Sell the Property

Win Pelt

John L. Scott, Inc License #25466 Listed on: 07/17/2020

John L. Scott, Inc

Last Buyer's Agent

Michelle Stowe

Coldwell Banker Danforth License #105527

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1631162

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 1977

Lot Details

  • 5,200 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8651441410

Community Details

Overview

  • Timberlane Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,074

Year Built

Built in 1977

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1977
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1160
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 7

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Bath Off Primary, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1160
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1160
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Slab
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
  • PowerCompany: PSE
  • SewerCompany: Covington
  • WaterCompany: Covington
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House
  • Association Fee: 28
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 8651441410
  • Topography: Level
  • Lot Size Acres: 0.1194
  • Lot Size Sq Ft: 5200
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 19, 2020
Sold by
Yu Hon and Mai Yan Lian
Bought by
Hill Kelly A
Seller's Agent
Win Pelt
John L. Scott, Inc
Buyer's Agent
Michelle Stowe
Coldwell Banker Danforth
List Price
$310,000
Sold Price
$360,000
Premium/Discount to List
$50,000
16.13%
Current Estimated Value
$517,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,205
Avg. Annual Appreciation
7.71%
Original Mortgage
$324,000
Outstanding Balance
$291,262
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$225,943

Purchase Details

Closed on
Dec 17, 2007
Sold by
Eastside Funding Llc
Bought by
Yu Hon Lok

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
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2007
Sold by
Webber Kevin and Megrath Mary
Bought by
Yu Hon Lok

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
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2003
Sold by
Ryals Perry J and Ryals Tammy L
Bought by
Webber Kevin and Megrath Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,990
Interest Rate
5.99%

Purchase Details

Closed on
May 20, 1998
Sold by
Johnson Elmer L and Johnson Elma A
Bought by
Ryals Tammy L and Ryals Perry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,429
Interest Rate
7.07%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 1996
Sold by
Mcclellan Kenneth D and Mcclellan Stacy L
Bought by
Johnson Elmer L and Johnson Elma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
7.86%

Purchase Details

Closed on
Mar 3, 1994
Sold by
Thiessen Jeffrey J
Bought by
Mcclellan Kenneth D and Mcclellan Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,236
Interest Rate
7%
Mortgage Type
FHA
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
Hill Kelly A $360,000 Chicago Title
Yu Hon Lok -- None Available
Yu Hon Lok $173,267 None Available
Webber Kevin $157,490 Transnation Ti
Ryals Tammy L $123,950 Chicago Title Insurance Co
Johnson Elmer L $109,000 Chicago Title Insurance Co
Mcclellan Kenneth D $105,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Kelly A $324,000
Previous Owner Yu Honlok K $100,000
Previous Owner Webber Kevin $160,000
Previous Owner Webber Kevin $19,000
Previous Owner Webber Kevin $125,990
Previous Owner Ryals Tammy L $126,429
Previous Owner Johnson Elmer L $87,200
Previous Owner Mcclellan Kenneth D $104,236
Closed Webber Kevin $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $360,000 +16.1% $310 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $310,000 -- $267 / 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 $4,664 $443,000 $237,000 $206,000
2023 $4,721 $398,000 $212,000 $186,000
2022 $4,356 $439,000 $234,000 $205,000
2021 $3,641 $355,000 $200,000 $155,000
2020 $3,441 $277,000 $104,000 $173,000
2018 $3,051 $247,000 $99,000 $148,000
2017 $2,691 $222,000 $90,000 $132,000
2016 $2,480 $194,000 $82,000 $112,000
2015 $2,822 $165,000 $75,000 $90,000
2014 -- $189,000 $75,000 $114,000
2013 -- $158,000 $60,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1631162

Northwest Multiple Listing Service (NWMLS)

APN: 865144-1410