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$1,345,500

Listing Price

3beds

2.5baths

1,950sqft

355,449sqft lot

18222 Se Wax Rd, Covington, WA 98042

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

690

Price / sqft

1990

Year built

Home Details

Rare opportunity in Covington! This 8.16-acre fully fenced and cross-fenced property offers level pasture, privacy, flexibility, and outstanding income potential. A long private driveway, recently paved with asphalt, creates an impressive entrance and leads you across peaceful Jenkins Creek to a comfortable 1,950 sq. ft. home featuring 3 bedrooms, 2 full baths, and a relaxing sauna. A major highlight is the impressive 4,000 sq. ft. shop, offering parking for 10+ vehicles, abundant storage, large office space, two spacious Flex rooms and two full bathrooms. This versatile setup creates excellent possibilities for a home-based business, guest quarters, multi-generational living, or potential rental income. You will also have the benefit of being on a Private Well and Septic System. This means no Water or Sewer bills. With usable acreage, pastureland, and a highly functional layout, this property delivers space, privacy, and opportunity all in one.

Interior Details

Square Feet
  • 1950

Bedrooms
  • 3

Bathrooms
  • 2.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 355449

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$9,008

$492,000

$303,000

--%

$795,000

2020

$9,008

$465,000

$285,000

--%

$750,000

2019

$7,917

$461,000

$247,000

--%

$708,000

2018

$7,897

$417,000

$218,000

--%

$635,000

2017

$7,261

$380,000

$199,000

--%

$579,000

2015

$6,847

$338,000

$159,000

--%

$497,000

2014

$6,190

$271,000

$143,000

--%

$414,000

2012

$5,957

$253,000

$132,000

--%

$385,000

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Average Home Price in 98042

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Zip Code

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Bed

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Sold Date

$660,000

3 Beds

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3 Beds

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Sold 10/06/2026

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4 Beds

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Sold 09/29/2026

$739,950

3 Beds

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4,761 Lot (sqft)

Sold 09/29/2026

$800,000

3 Beds

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1,860 Sqft

38,469 Lot (sqft)

Sold 09/29/2026

$679,900

4 Beds

2.25 Baths

2,110 Sqft

19,800 Lot (sqft)

Sold 09/29/2026

$589,950

3 Beds

2.25 Baths

1,810 Sqft

9,680 Lot (sqft)

Sold 09/29/2026

$640,000

4 Beds

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2,240 Sqft

4,800 Lot (sqft)

Sold 10/05/2026

$664,950

4 Beds

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17,397 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,345,500
$
Down payment
269,100
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
8,073
$
HOA (Monthly)
0
$
PMI
0
$
$8,710
Your Payment
Total Monthly Payment:$8,710
Percent of Income:149%
Affordable:No

Details for 18222 SE WAX RD

Property Debt

Foreclosure Contact Details