NOT LISTED FOR SALE

25400 173rd Ln SE Covington, WA 98042

Estimated Value: $749,000

2 Beds
1 Bath
910 Sq Ft
$823/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $850,000 $934 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,704/month

30 Days on Market

Highlights

  • Creek or Stream View
  • Contemporary Architecture
  • Wooded Lot
  • Kentwood High School Rated A-
  • Secluded Lot
  • Open Space

About This Home

As of April 2019

Builders and Developers* Great opportunity to construct residential homes on 4+ buildable Acres (buyer to verify), in current R-6 zoning, allowing for 22+ homes. Utilities are in the street, but current/future developments could bring them closer via 176th Pl SE. Access from easement with Church, ask LA for more information on this. Great location and access to Hwy 18. Local shopping and schools close by. With so much development going on around here, you will want to see this.

Last Agent to Sell the Property

Paul Hurme

Teambuilder KW License #23543 Listed on: 05/19/2017

Last Buyer's Agent

Alec Lang

Windermere RE South Sound, Inc License #105335

Windermere RE South Sound, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1124486

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,846

Year Built

  • Built in 1953

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden
  • Value in Land

Parking

  • Detached Carport Space

Property Views

  • Creek or Stream
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Composite

Outdoor Features

  • Outbuilding

Utilities

  • Overhead Utilities
  • Well
  • Septic System

Additional Features

  • Rough-In Basement

Community Details

  • Covington Community

Listing and Financial Details

  • Assessor Parcel Number 2422059015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,846

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Contemporary
  • Building Information: Additional Dwelling, Built On Lot
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Roughed In
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 910
  • Square Footage Finished: 910

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Territorial
  • Waterfront: Creek

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Covington

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Mattson Jnr High
  • High School: Kentwood High
  • School District: KNT

Lot Info

  • Lot Details: Dead End Street, High Voltage Line, Open Space, Secluded, Value In Land
  • Lot Sq Ft: 295772
  • Lot Topography Vegetation: Brush, Garden Space, Rolling, Wooded
  • Parcel Number: 2422059015
  • Lot Topography: Brush, Garden Space, Rolling, Wooded

Tax Info

  • Tax Amount: 6375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Kbhpnw Llc
Bought by
Lee Jin S and Lee Kristal V
Current Estimated Value
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,627
Outstanding Balance
$441,677
Interest Rate
3.05%
Mortgage Type
VA

Purchase Details

Listed on
May 19, 2017
Closed on
Apr 5, 2019
Sold by
Integrity Land Llc
Bought by
Kbhpnw Llc
Seller's Agent
Paul Hurme
Teambuilder KW
Buyer's Agent
Alec Lang
Windermere RE South Sound, Inc
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%

Purchase Details

Listed on
May 19, 2017
Closed on
Apr 1, 2019
Sold by
Westernan Family Trust
Bought by
Integrity Land Llc
Seller's Agent
Paul Hurme
Teambuilder KW
Buyer's Agent
Alec Lang
Windermere RE South Sound, Inc
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%

Purchase Details

Closed on
May 28, 2015
Sold by
Westerman Everett A and Westerman Karen L
Bought by
Westerman Family Trust and Westerman Karen L

Purchase Details

Closed on
Aug 8, 2014
Sold by
Smail Derek Grover
Bought by
Westerman Everett A and Westerman Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,408
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
Smail Erin Lee
Bought by
Smail Derek Grover

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,334
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1996
Sold by
Moore Catherine
Bought by
Smail Derek Grover
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
Lee Jin S $576,950 First American Title
Kbhpnw Llc $8,016,000 Chicago Title
Integrity Land Llc $850,000 Chicago Title
Westerman Family Trust -- None Available
Westerman Everett A $533,050 First American
Smail Derek Grover -- First American
Smail Derek Grover -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jin S $483,627
Previous Owner Westerman Everett A $377,408
Previous Owner Smail Derek Grover $84,334
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $850,000 -26.1% $934 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $1,150,000 -- $1,264 / 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
2020 $7,846 $377,000 $377,000 $0
2018 $6,944 $600,000 $353,000 $247,000
2017 $6,268 $539,000 $319,000 $220,000
2016 $6,268 $491,000 $291,000 $200,000
2015 $6,222 $449,000 $263,000 $186,000
2014 -- $438,000 $248,000 $190,000
2013 -- $365,000 $199,000 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1124486

Northwest Multiple Listing Service (NWMLS)

APN: 242205-9015