OFF MARKET

Listed by Nancy Hill • Solution Partners NW. Bought with Harris Realty.

Off market apr 2023 for $340K

$563,135

Est. refi paymentEst. refi $2,769/mo

•

3 ba

•

2,110

sq ft

16863 SE Wax Rd, Covington, WA 98042

About this home

LARGE fenced yard w/30x30 outbuilding, greenhouse, 2nd garage w/mechanics pit! Business & Home opportunity due to Mixed Housing/Office zoning. Home has potential for separate living quarters or office space on lower level with bathroom, bedroom, bonus room & utility with its own entry. This home has good bones for the buyer who wants to earn some potential sweat equity with updates. Fruit trees, flat lot, fully fenced, large driveway & RV parking! Get a renovation loan - make the home yours!

Single-familyProperty Type

1977Year Built

0.64 acresLot Size

$267Est. Price/Sq.Ft.

4 car garageParking

Listed by Nancy Hill • Solution Partners NW

Listed by • Solution Partners NW

Bought with Rachel Harris • Harris Realty

Source:NWMLS as Distributed by MLS Grid #1025556

Redfin Estimate

$563,135

$223K since sold in April 2023$3,000 since October

Recently sold homes
Estimate history

This home's estimate is 31.6% lower than the average sale price ($823K) of 6 comparable homes.

SOLD MAR 20, 2026
$735,000
A
3 beds2.5 baths1,900 sq ft
28707 181st Ave SE, Kent, WA 98042
Listing provided by nwmls
SOLD SEP 1, 2026
$749,995
B
3 beds2.5 baths2,600 sq ft
17517 SE 293rd Pl, Kent, WA 98042
Listing provided by nwmls
SOLD JUN 23, 2026
$925,000
C
3 beds2.5 baths2,416 sq ft
17649 SE 297th Pl, Kent, WA 98042
Listing provided by nwmls
SOLD SEP 4, 2026
$700,000
D
3 beds2.5 baths1,990 sq ft
29040 188 Ave SE, Kent, WA 98042
Listing provided by nwmls
SOLD JUN 16, 2026
$952,000
E
3 beds2 baths2,020 sq ft
17625 SE 291st St, Kent, WA 98042
Listing provided by nwmls
SOLD FEB 13, 2026
$874,900
F
3 beds2.5 baths2,190 sq ft
18308 SE 277TH Pl, Covington, WA 98042
Listing provided by nwmls

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Earn from this home

Sell

$267,933

Est. take-home

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Refinance

Est. cash available

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Rent

$3,208/mo

Redfin rental estimate

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Market trends in 98042, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.5%

0.6% MoM

Median sale price

$700K

$409 MoM

Avg. days on market

40d

10 days MoM

Recently sold homes

141

32 MoM

New listings for sale

$700,000
4 beds2.5 baths2,300 sq ft
26835 196th Ave SE, Covington, WA 98042
Laurie Darrow • Keller Williams Realty Bothell
NEW
$849,950
5 beds3.5 baths4,300 sq ft
13459 SE 250th Ct, Kent, WA 98042
Melissa Samsell • Excel Real Estate Experts
LISTED BY REDFIN
$1,050,000
4 beds4 baths2,780 sq ft
27526 148th Ave SE, Kent, WA 98042
Redfin
$498,000
3 beds1 bath990 sq ft
26710 166th Pl SE, Covington, WA 98042
Kellan McCann • COMPASS
$575,000
4 beds2 baths2,050 sq ft
14701 SE 263rd St, Kent, WA 98042
Molly Masoner • eXp Realty
3D WALKTHROUGH
$570,000
3 beds2 baths1,590 sq ft
17735 SE 261st St, Covington, WA 98042
Andrew Wenzl • Windermere Real Estate/East
$899,990
3 beds1 bath1,780 sq ft
15326 SE 272nd St, Kent, WA 98042
Greg Skagen • Windermere Real Estate/PSK Inc
3D & VIDEO TOUR
$799,950
4 beds3.5 baths3,395 sq ft
25613 204th Pl SE, Covington, WA 98042
Bradley Hanson • John L. Scott, Inc.
SHORT SALE
$500,000
3 beds2.5 baths1,780 sq ft
21622 SE 297th St, Kent, WA 98042
Carla Clark • KW Mountains to Sound Realty
VIDEO TOUR
$749,950
4 beds3 baths2,598 sq ft
18117 SE 246th St, Covington, WA 98042
Bradley Hanson • John L. Scott, Inc.
See all

Provided by Redfin

Sale history for 16863 SE Wax Rd

Year

Property tax

Land + Additions

Assessment*

2026

$7,183 (+10.8%)

$412,000 + $237,000

$649,000

2025

$6,484 (+6.0%)

$412,000 + $237,000

$649,000

2024

$6,118 (−6.7%)

$397,000 + $227,000

$624,000

2023

$6,557 (+8.5%)

$355,000 + $205,000

$560,000

2022

$6,045 (+7.5%)

$392,000 + $226,000

$618,000

2021

$5,623 (+5.7%)

$335,000 + $164,000

$499,000

2020

$5,322 (+6.4%)

$347,000 + $93,000

$440,000

2019

$5,001 (+0.5%)

$325,000 + $90,000

$415,000

2018

$4,977 (+12.6%)

$325,000 + $90,000

$415,000

2017

$4,420 (+2.1%)

$294,000 + $79,000

$373,000

2016

$4,331 (+6.3%)

$268,000 + $58,000

$326,000

2015

$4,073 (+10.4%)

$243,000 + $55,000

$298,000

2014

$3,688 (+4.3%)

$192,000 + $81,000

$273,000

2013

$3,536 (−4.2%)

$154,000 + $74,000

$228,000

2012

$3,690 (−5.6%)

$144,000 + $68,000

$212,000

2011

$3,908 (+6.3%)

$185,000 + $82,000

$267,000

2010

$3,676 (−10.1%)

$185,000 + $92,000

$277,000

2009

$4,089

$98,000 + $254,000

$352,000

Tax history for 16863 SE Wax Rd

Year

Property tax

Land + Additions

Assessment*

2026

$7,183 (+10.8%)

$412,000 + $237,000

$649,000

2025

$6,484 (+6.0%)

$412,000 + $237,000

$649,000

2024

$6,118 (−6.7%)

$397,000 + $227,000

$624,000

2023

$6,557 (+8.5%)

$355,000 + $205,000

$560,000

2022

$6,045 (+7.5%)

$392,000 + $226,000

$618,000

2021

$5,623 (+5.7%)

$335,000 + $164,000

$499,000

2020

$5,322 (+6.4%)

$347,000 + $93,000

$440,000

2019

$5,001 (+0.5%)

$325,000 + $90,000

$415,000

2018

$4,977 (+12.6%)

$325,000 + $90,000

$415,000

2017

$4,420 (+2.1%)

$294,000 + $79,000

$373,000

2016

$4,331 (+6.3%)

$268,000 + $58,000

$326,000

2015

$4,073 (+10.4%)

$243,000 + $55,000

$298,000

2014

$3,688 (+4.3%)

$192,000 + $81,000

$273,000

2013

$3,536 (−4.2%)

$154,000 + $74,000

$228,000

2012

$3,690 (−5.6%)

$144,000 + $68,000

$212,000

2011

$3,908 (+6.3%)

$185,000 + $82,000

$267,000

2010

$3,676 (−10.1%)

$185,000 + $92,000

$277,000

2009

$4,089

$98,000 + $254,000

$352,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 800
Basement Finish: Finished
Basement Type: Daylight

Bathroom Information
# of Full Baths: 1
# of 3/4 Baths: 2

Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Heat Pump

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Good
Building Construction Quality: Good
Building Type: Single Family

Property Information
Subdivision Name: HARTS ADD
Living Sq. Ft: 2,110
Ground Floor Sq. Ft: 1,310
Building Sq. Ft: 2,700
# of Stories: 1
Legal Description: HART'S ADDITION PLAT BLOCK: PLAT LOT: 6

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 590
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 27,970
Legal Lot Number: 6
Municipality Name: COVINGTON
Acres: 0.6421
Zoning Code: MHO
County Use Description: SINGLE FAMILY

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 2,110
Stories: 1.0
Lot Size: 0.64 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: —
County: King County
APN: 314110 0060

Home facts updated by county records on Sep 4, 2026

Around this home

Schools

K - 12
Preschool & daycare

Jenkins Creek Elementary School

Public PreK-5 • Assigned • 1.2mi

4/10

Cedar Heights Middle School

Public 6-8 • Assigned • 1.8mi

4/10

Kentlake High School

Public 9-12 • Assigned • 3.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

12 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Covington, WA • 98042

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$535,000 – $648,000

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