NOT LISTED FOR SALE

25820 185th Place SE Covington, WA 98042

Estimated Value: $590,000 - $617,000

3 Beds
3 Baths
1,700 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 25820 185th Place SE, Covington, WA 98042 and is currently estimated at $605,470, approximately $356 per square foot. 25820 185th 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
Apr 30, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$605,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,722,500
Outstanding Balance
$92,380,173
Interest Rate
4.4%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$91,783,862

Purchase Details

Closed on
Mar 26, 2015
Sold by
Ih2 Property Washington Lp
Bought by
2015-2 Ih2 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
$636,686,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 26, 2013
Sold by
Ramirez Hector
Bought by
Ih2 Property Washington Lp

Purchase Details

Closed on
Mar 31, 2006
Sold by
Jennings Andrew J
Bought by
Ramirez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 17, 1999
Sold by
Culbertson Paul E and Culbertson Keri J
Bought by
Jennings Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,211
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1994
Sold by
White Gerald and White Becky L
Bought by
Culbertson Paul E and Culbertson Keri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,350
Interest Rate
7.67%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
2018 2 Ih Borrower Lp -- Os National Llc
2015-2 Ih2 Borrower Lp -- Fidelity Natl Title Group
Ih2 Property Washington Lp $227,000 Fidelity Natio
Ramirez Hector $300,000 Transnation Ti
Jennings Andrew J $174,500 Transnation Title Insurance
Culbertson Paul E $122,500 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $105,722,500
Closed 2018 2 Ih Borrower Lp $105,722,500
Previous Owner 2015-2 Ih2 Borrower Lp $636,686,000
Previous Owner 2015-2 Ih2 Borrower Lp $636,686,000
Previous Owner Ramirez Hector $75,000
Previous Owner Ramirez Hector $225,000
Previous Owner Jennings Andrew J $172,211
Previous Owner Culbertson Paul E $116,350
Source: Public Records

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 $5,525 $536,000 $291,000 $245,000
2023 $5,216 $481,000 $260,000 $221,000
2022 $5,167 $531,000 $287,000 $244,000
2021 $4,639 $429,000 $245,000 $184,000
2020 $4,386 $364,000 $135,000 $229,000
2018 $4,071 $343,000 $127,000 $216,000
2017 $3,608 $308,000 $115,000 $193,000
2016 $3,542 $269,000 $105,000 $164,000
2015 $3,333 $246,000 $95,000 $151,000
2014 -- $226,000 $87,000 $139,000
2013 -- $182,000 $70,000 $112,000
Source: Public Records

Map

Washington King County Covington 98042

25820 185th Place SE, Covington, WA

This home is located at 25820 185th Place SE, Covington, WA 98042 and is currently estimated at $605,470, approximately $356 per square foot. 25820 185th 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.

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.

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