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$640,000

Beds
3
Baths
2.5
sq ft
1,880

16213 SE 259th Ct, Covington, WA 98042

16213 SE 259th Ct

Covington, WA 98042

  • 2 days on market
Nestled in the highly sought-after “The Reserve” community in Covington, WA. The spacious living areas feature extensive hardwood floors, creating a seamless flow between the living, dining, and kitchen spaces. Take in the stunning views of Mt. Rainier and enjoy the community’s serene lake and walking paths. Conveniently located near schools, shopping, and dining, this home offers both tranquility and accessibility. Don’t miss the chance to make this beautiful house your new home!

Details

Property type

Single Family Residence

Est. home value

$617,777

Lot size

4,000 sq ft

Price per sq ft

$341

Year built

2004

Annual property taxes

$5,570.3

Monthly HOA fee

$40

Price History

10/03/2024
NorthwestMLS

NorthwestMLS #2297973

Listed
$640,000
+76.48%
06/10/2016
NorthwestMLS

NorthwestMLS #938153

Sold
$362,650
+47.45%
09/08/2004
NorthwestMLS

NorthwestMLS #24086125

Sold
$245,950

Schools & Community

Elementary school: 

Covington Elem

Middle school: 

Mattson Middle

High school: 

Kentwood High

Community features: 

Playground

High school district: 

Kent

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$73,041
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$515,759
Cash to seller
$73,041

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

New American Funding

Loan start date

October 2023

Original loan amount

$520,960

Est. remaining balance

$515,759

Interest rate

7.09%

Loan type

FHA, 30 year

Seller

Johnny A Rutherford and Felony Grace N Dalisay

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 8:25 PM

Listing updated: 10/04/2024 at 9:49 AM

Listed by: Lisa Inthapandith, COMPASS Phone #: (425) 242-6440

MLS: NorthwestMLS #2297973

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