18623 240th St
Covington, WA 98042
1 bd 2 ba 1,001 sqft Built 2006 Lot 47,442 sqft single_family
Most recent sale
$625,000
Jul 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 6, 2022 | Sold | $625,000 | MLS #1937218 |
| May 20, 2022 | Listed | $399,995 | MLS #1937218 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $274,000 | $354,000 | $628,000 | $6,106 |
| 2024 | $263,000 | $341,000 | $604,000 | $5,765 |
| 2023 | $261,000 | $337,000 | $598,000 | $6,210 |
| 2022 | $191,000 | $288,000 | $479,000 | $5,679 |
| 2021 | $223,000 | $202,000 | $425,000 | $5,303 |
| 2020 | $223,000 | $202,000 | $425,000 | $5,012 |
| 2019 | $210,000 | $191,000 | $401,000 | $4,660 |
| 2018 | $210,000 | $190,000 | $400,000 | $4,639 |
| 2017 | $187,000 | $172,000 | $359,000 | $4,245 |
| 2016 | $170,000 | $157,000 | $327,000 | $4,178 |
| 2015 | $157,000 | $142,000 | $299,000 | $4,353 |
| 2014 | $168,000 | $140,000 | $308,000 | $3,947 |
| 2013 | $145,000 | $112,000 | $257,000 | $3,785 |
| 2012 | $134,000 | $105,000 | $239,000 | $3,793 |
| 2011 | $150,000 | $136,000 | $286,000 | $4,059 |
| 2010 | $161,000 | $136,000 | $297,000 | $3,928 |
| 2009 | $175,000 | $192,000 | $367,000 | $4,256 |
| 2007 | $157,000 | $173,000 | $330,000 | $3,865 |
Property facts
Year built
2006
Property type
single_family
Stories
—
Beds
1
Baths
2
Living area
1,001 sqft
Lot size
47,442 sqft
ZIP code
98042
City
Covington
Street
240th St
Coordinates
47.38660, -122.09270
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,302
Gross rental yield
4.42%
Implied cap rate
2.87%
Trend-extrapolated value
—
Frequently asked questions
When did 18623 240th St last sell?
18623 240th St most recently sold on Jul 6, 2022 for $625,000.
What is the current tax assessment for 18623 240th St?
The most recent total assessment for 18623 240th St (year 2025) is $628,000 with $6,106 in property tax.
How does 18623 240th St's assessment compare to its last sale price?
The current assessment is 0.5% above the last sale price of $625,000.
When was 18623 240th St built?
18623 240th St was built in 2006.
How does 18623 240th St compare to others on 240th St?
We track 8 other properties on 240th St. Browse the list under "Other properties on 240th St" to compare beds, baths, and sale history.
What are the property facts for 18623 240th St?
18623 240th St is a 1 bed, 2 bath, 1,001 sqft, 47,442 sqft lot single_family.
Is 18623 240th St a flip candidate?
No — 18623 240th St does not appear in our flips dataset.
Is 18623 240th St a tax-appeal candidate?
No — 18623 240th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.7%
2026 Q3
$665.7K
2026 Q4
$667K
ZIP 98042 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 240th St