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15512 261st Pl

Covington, WA 98042

3 bd 3 ba 3,788 sqft Built 2003 Lot 22,267 sqft single_family
Most recent sale
$1,150,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $1,150,000 MLS #1961343
Jul 7, 2022 Listed $977,500 MLS #1961343

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $561,000 $310,000 $871,000 $8,582
2024 $539,000 $299,000 $838,000 $8,094
2023 $530,000 $295,000 $825,000 $8,642
2022 $414,000 $252,000 $666,000 $7,967
2021 $495,000 $163,000 $658,000 $8,212
2020 $495,000 $163,000 $658,000 $7,765
2019 $467,000 $154,000 $621,000 $7,279
2018 $466,000 $153,000 $619,000 $7,254
2017 $417,000 $139,000 $556,000 $6,697
2016 $380,000 $127,000 $507,000 $6,564
2015 $348,000 $115,000 $463,000 $6,229
2014 $316,000 $113,000 $429,000 $5,635
2013 $267,000 $91,000 $358,000 $5,399
2012 $248,000 $85,000 $333,000 $5,388
2011 $288,000 $110,000 $398,000 $5,741
2010 $303,000 $110,000 $413,000 $5,391
2009 $457,000 $138,000 $595,000 $6,790
2007 $410,000 $124,000 $534,000 $6,152

Property facts

Year built
2003
Property type
single_family
Stories
Beds
3
Baths
3
Living area
3,788 sqft
Lot size
22,267 sqft
ZIP code
98042
City
Covington
Street
261st Pl
Coordinates
47.36774, -122.13469

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,712
Gross rental yield
9.09%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 15512 261st Pl last sell?
15512 261st Pl most recently sold on Jul 29, 2022 for $1,150,000.
What is the current tax assessment for 15512 261st Pl?
The most recent total assessment for 15512 261st Pl (year 2025) is $871,000 with $8,582 in property tax.
How does 15512 261st Pl's assessment compare to its last sale price?
The current assessment is 24.3% below the last sale price of $1,150,000.
When was 15512 261st Pl built?
15512 261st Pl was built in 2003.
How does 15512 261st Pl compare to others on 261st Pl?
We track 8 other properties on 261st Pl. Browse the list under "Other properties on 261st Pl" to compare beds, baths, and sale history.
What are the property facts for 15512 261st Pl?
15512 261st Pl is a 3 bed, 3 bath, 3,788 sqft, 22,267 sqft lot single_family.
Is 15512 261st Pl a flip candidate?
No — 15512 261st Pl does not appear in our flips dataset.
Is 15512 261st Pl a tax-appeal candidate?
No — 15512 261st Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.7%
2026 Q3
$665.7K
2026 Q4
$667K
ZIP 98042 — Median Price History + Forecast

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