NOT LISTED FOR SALE

24229 183rd Ave SE Covington, WA 98042

Estimated Value: $678,000 - $1,006,000

0.9 Acre
$944,444 Price per Acre
39,204 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $190,000

Est. 347% increase in value since last sale

Current estimated payment $5,478/month

3 Days on Market

About This Lot

As of November 2017

Vacant land with septic approved for 4 bedrooms and ready to build your custom house on just shy one acre. Septic designed for half front of the lot and leave back yard more than half acre for your future development (see attached approved septic design).Purchase this lot and collect the rent for $800/month until you start to build your dream home. Super location close to schools, shopping center, bus lines, parks and easy access to highway 18.

Last Agent to Sell the Property

Sophon Chheng

Better Properties Eastside License #9660 Listed on: 10/05/2017

Better Properties Eastside

Last Buyer's Agent

Nicole Veldwyk

VelDyke Realty Inc. License #116075

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1203675

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,750

Year Built

  • 2019

Lot Details

Additional Features

  • Limited Views
  • Level Lot
  • Sewer in Street

Community Details

  • Covington Community

Listing and Financial Details

  • Assessor Parcel Number 7785400070

Property Details

Property Type

Land

Est. Annual Taxes

$8,750

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Approved Number of Bedrooms: 4

Exterior Features

  • Road Information: Paved
  • View: Partial

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Covington

Schools

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

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 39254
  • Parcel Number: 7785400070
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R4

Tax Info

  • Tax Amount: 2710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 14, 2017
Sold by
Chong Chay and Eap Kim Ourn
Bought by
Hansen James C and Hansen Mary L Gonzalez
Seller's Agent
Sophon Chheng
Better Properties Eastside
Buyer's Agent
Nicole Veldwyk
VelDyke Realty Inc.
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Total Days on Market
3
Current Estimated Value
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,000
Avg. Annual Appreciation
20.54%

Purchase Details

Closed on
Dec 24, 2013
Sold by
Baker Katie
Bought by
Chong Chay and Eap Kim Ourn

Purchase Details

Closed on
Mar 30, 2011
Sold by
Chong Chay and Eap Kim Ourn
Bought by
Baker Katie

Purchase Details

Closed on
Jun 11, 2007
Sold by
Doyle John J and Doyle Gwen A
Bought by
Chong Chay and Eap Kim Ourn

Purchase Details

Closed on
May 10, 1996
Sold by
Doyle John J
Bought by
Doyle John J and Doyle Gwen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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
Hansen James C $190,000 First American Title Ins Co
Chong Chay -- Marine View La
Baker Katie -- None Available
Chong Chay $230,000 Ticor National
Doyle John J -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen James $379,000
Open Hansen James C $775,000
Previous Owner Doyle John Jack $150,000
Previous Owner Doyle John J $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $190,000 +2.7% --
10/09/2017 10/09/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $185,000 -- --
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 $8,750 $870,000 $333,000 $537,000
2023 $8,895 $781,000 $298,000 $483,000
2022 $8,197 $862,000 $330,000 $532,000
2021 $7,950 $696,000 $282,000 $414,000
2020 $3,177 $643,000 $197,000 $446,000
2018 $2,985 $235,000 $185,000 $50,000
2017 $2,710 $213,000 $168,000 $45,000
2016 $2,649 $194,000 $153,000 $41,000
2015 $2,749 $177,000 $139,000 $38,000
2014 -- $182,000 $138,000 $44,000
2013 -- $148,000 $111,000 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1203675

Northwest Multiple Listing Service (NWMLS)

APN: 778540-0070