tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
1,170

26118 189th Ct SE, Covington, WA 98042

26118 189th Ct SE

Covington, WA 98042

  • 11 days on market
    • Price drop $24,999↓
Charming 3-bed, 2-bath rambler in sought-after Covington Park! Newly updated kitchen with butcher block countertops, stylish backsplash, and LVP flooring throughout most of the home. The primary bedroom has a walk-in closet and a private full bathroom. The expansive backyard backs up to a greenbelt for privacy and features garden space, RV parking, and a cozy firepit. Conveniently located near Hwy 18, shopping, restaurants, parks, and more! This home offers both comfort and tranquility. Don't miss out on the opportunity to make this beautiful property your own!

Details

Property type

Single Family Residence

Est. home value

$509,393

Lot size

8,239 sq ft

Price per sq ft

$492

Year built

1981

Annual property taxes

$4,909

Price History

07/01/2024
NorthwestMLS

NorthwestMLS #2255041

Price change
$575,000
-4.17%
06/21/2024
NorthwestMLS

NorthwestMLS #2255041

Listed
$599,999
+192.68%
07/21/2014
NorthwestMLS

NorthwestMLS #552624

Sold
$205,000
+20.62%

Schools & Community

Elementary school: 

Cedar Vly Elem

Middle school: 

Cedar Heights Jnr Hi

High school: 

Kentlake 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

$164,788
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$364,212
Cash to seller
$164,788

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

Seller’s Loan History

Lender

Ranlife Home Loans

Loan start date

May 2023

Original loan amount

$368,881

Est. remaining balance

$364,212

Interest rate

6.28%

Loan type

FHA, 30 year

Seller

Desiree L Lesser and Richard Sterling

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?

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24825 168th Pl SE, Covington, WA 98042

Listing provided by NWMLS

Status: Active

Tomo last checked: 07/02/2024 at 4:35 PM

Listing updated: 06/30/2024 at 10:23 PM

Listed by: Greg Crater, PC Homes & Real Estate Inc Phone #: (253) 268-8780

MLS: NorthwestMLS #2255041

NorthwestMLS logo

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