NOT LISTED FOR SALE

20228 SE 263rd Place Covington, WA 98042

Estimated Value: $831,034 - $870,000

4 Beds
3 Baths
2,501 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $574,950 $230 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,149/month

Highlights

  • Northwest Architecture
  • 1 Fireplace
  • Attached Garage
  • Wooded Lot
  • Double Oven
  • Patio

About This Home

As of July 2020

Welcome to Cedar Creek Park. Beautiful community with sidewalks on both sides of the street, greenbelt locations and a huge community park. The Magnolia has a great open main floor design great for entertaining and an amazing covered patio with fireplace! Beautifully upgraded finishes carefully designed w/luxury & grandeur in mind. 3 cm thick slab, extensive hardwoods and tile in the master bath shower and floors. Easy access to HWY 18 & highly anticipated Shops at LakePointe.

Last Agent to Sell the Property

Angel Stedman

Lennar Sales Corp. License #50181 Listed on: 03/04/2020

Lennar Sales Corp.

Co-Listed By

Fay Sargent

Lennar Sales Corp. License #44470

Last Buyer's Agent

Patrick Choi

Inspire Realty License #28019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1573518

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,685

Year Built

  • Built in 2020

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Patio

Community Details

  • Covington Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 1442100470

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,685

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • New Construction: Under Construction
  • Homebuilder: Lennar
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2501
  • Square Footage Finished: 2501

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency, Tankless Water Heater
  • Sewer: Sewer Connected
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 61
  • Community Name: Covington
  • Project: Cedar Creek Park
  • Community Features: CCRs

Schools

  • Elementary School: Jenkins Creek Elem
  • Middle School: Cedar Heights Jnr Hi
  • High School: Kentlake High
  • School District: KNT

Lot Info

  • Lot Number: 47
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4176
  • Lot Topography Vegetation: Level, Wooded
  • Parcel Number: 1442100470
  • Lot Topography: Level, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jul 7, 2020
Sold by
Calatlantic Homes Of Washington Inc
Bought by
Lorenz Farrah and Lorenz Aron
Seller's Agent
Angel Stedman
Lennar Sales Corp.
Buyer's Agent
Patrick Choi
Inspire Realty
List Price
$574,950
Sold Price
$574,950
Current Estimated Value
$853,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,809
Avg. Annual Appreciation
7.94%
Original Mortgage
$517,455
Outstanding Balance
$463,927
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$391,631
Source: Public Records

Range of Values:

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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
Lorenz Farrah $574,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenz Farrah $517,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $574,950 0.0% $230 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $574,950 -- $230 / 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 $7,685 $761,000 $301,000 $460,000
2023 $7,811 $683,000 $269,000 $414,000
2022 $7,200 $754,000 $298,000 $456,000
2021 $6,250 $609,000 $255,000 $354,000
2020 $1,914 $498,000 $177,000 $321,000
2018 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Angel Stedman

    Lennar Sales Corp.

    Section Image

  • F

    Seller Co-Listing Agent in 2020

    Fay Sargent

    Lennar Sales Corp.

    (253) 528-8860

    134 in this area

    185 Total Sales

    Fay Sargent
    Section Image
  • Patrick Choi

    Buyer's Agent in 2020

    Patrick Choi

    Inspire Realty

    (253) 365-1778

    76 Total Sales

    Patrick Choi
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1573518

Northwest Multiple Listing Service (NWMLS)

APN: 144210-0470

Washington King County Covington 98042

20228 SE 263rd Place, Covington, WA

This home is located at 20228 SE 263rd Place, Covington, WA 98042 since 04 March 2020 and is currently estimated at $853,759, approximately $341 per square foot. This property was built in 2020. 20228 SE 263rd Place is a home located in King County with nearby schools including Cedar Valley Elementary School, Cedar Heights Middle School, and Kentlake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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