18316 248th St
Covington, WA 98042
4 bd 3 ba 2,368 sqft Built 2022 Lot 4,077 sqft single_family
Most recent sale
$839,950
May 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 10, 2022 | Sold | $839,950 | MLS #1897806 |
| Apr 6, 2022 | Relisted | $839,950 | MLS #1897806 |
| Mar 17, 2022 | Listed | $894,950 | MLS #1897806 |
| Mar 11, 2019 | Listed | $174,950 | MLS #1422197 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $480,000 | $295,000 | $775,000 | $7,526 |
| 2024 | $461,000 | $284,000 | $745,000 | $6,735 |
| 2023 | $457,000 | $281,000 | $738,000 | $7,325 |
| 2022 | $222,000 | $240,000 | $462,000 | $5,299 |
| 2021 | — | $127,000 | $127,000 | $1,452 |
| 2020 | — | $120,000 | $120,000 | $1,380 |
Property facts
Year built
2022
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,368 sqft
Lot size
4,077 sqft
ZIP code
98042
City
Covington
Street
248th St
Coordinates
47.38068, -122.09738
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
$5,446
Gross rental yield
7.78%
Implied cap rate
5.06%
Trend-extrapolated value
—
Frequently asked questions
When did 18316 248th St last sell?
18316 248th St most recently sold on May 10, 2022 for $839,950.
What is the current tax assessment for 18316 248th St?
The most recent total assessment for 18316 248th St (year 2025) is $775,000 with $7,526 in property tax.
How does 18316 248th St's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $839,950.
When was 18316 248th St built?
18316 248th St was built in 2022.
How does 18316 248th St compare to others on 248th St?
We track 8 other properties on 248th St. Browse the list under "Other properties on 248th St" to compare beds, baths, and sale history.
What are the property facts for 18316 248th St?
18316 248th St is a 4 bed, 3 bath, 2,368 sqft, 4,077 sqft lot single_family.
Is 18316 248th St a flip candidate?
No — 18316 248th St does not appear in our flips dataset.
Is 18316 248th St a tax-appeal candidate?
No — 18316 248th 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 248th St