25725 198th Place SE Covington, WA 98042
Estimated Value: $357,000 - $492,000
4
Beds
1
Bath
1,180
Sq Ft
$385/Sq Ft
Est. Value
About This Home
This home is located at 25725 198th Place SE, Covington, WA 98042 and is currently estimated at $454,553, approximately $385 per square foot. 25725 198th Place SE is a home located in King County with nearby schools including Cedar Valley Elementary School, Cedar Heights Middle School, and Kentlake High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 3, 2017
Sold by
2017 & 2 Ih Borrower Lp
Bought by
2017 & 2 Ih Borrower Lp
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Outstanding Balance
$725,997,559
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
-$725,543,006
Purchase Details
Closed on
Oct 9, 2014
Sold by
Thr Washington Ii Lp
Bought by
2014 & 3 Ih Borrower Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,322,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2013
Sold by
Woodin William V and Woodin Tina E
Bought by
Thr Washington Ii Lp
Purchase Details
Closed on
Aug 31, 1998
Sold by
Va
Bought by
Dixon Robert B and Dixon Marlyce A
Purchase Details
Closed on
Apr 21, 1998
Sold by
Dixon Robert B and Dixon Marlyce A
Bought by
Woodin William and Woodin Tina E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,458
Interest Rate
7.06%
Purchase Details
Closed on
Oct 17, 1997
Sold by
Dixon Robert B and Dixon Marlyce A
Bought by
Dixon Robert B and Dixon Marlyce A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2017 & 2 Ih Borrower Lp | -- | None Available | |
| 2014 & 3 Ih Borrower Lp | -- | None Available | |
| Thr Washington Ii Lp | $130,000 | Fidelity Natio | |
| Dixon Robert B | -- | Transnation Title Insurance | |
| Woodin William | $109,990 | Transnation Title Insurance | |
| Dixon Robert B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2017 & 2 Ih Borrower Lp | $865,027,000 | |
| Previous Owner | 2014 & 3 Ih Borrower Lp | $769,322,000 | |
| Previous Owner | Woodin William | $109,458 |
Source: Public Records
Tax History Compared to Growth
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 | $4,337 | $411,000 | $230,000 | $181,000 |
| 2023 | $4,397 | $369,000 | $206,000 | $163,000 |
| 2022 | $3,993 | $408,000 | $228,000 | $180,000 |
| 2021 | $3,601 | $324,000 | $195,000 | $129,000 |
| 2020 | $3,290 | $276,000 | $104,000 | $172,000 |
| 2018 | $2,914 | $237,000 | $99,000 | $138,000 |
| 2017 | $2,570 | $213,000 | $90,000 | $123,000 |
| 2016 | $2,366 | $186,000 | $82,000 | $104,000 |
| 2015 | $2,266 | $158,000 | $75,000 | $83,000 |
| 2014 | -- | $148,000 | $75,000 | $73,000 |
| 2013 | -- | $119,000 | $60,000 | $59,000 |
Source: Public Records
Map
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