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  • Listed by: Coldwell Banker Bain
    $1,395,000

    18222 SE Wax Road, Covington, WA 98042

    5beds
    1,950sqft
    : 
    Single Family Residence
    Built in 1990
    8.16 Acres Lot
    $1,354,200 Zestimate®
    $715/sqft
    $-- HOA

    What's special

    Loft spaceUsable pasturelandScenic jenkins creekLong private drivewayFunctional saunaLevel pastureComfortable living spaces
    Rare Covington acreage opportunity! This 8.6-acre, fully fenced and cross-fenced property offers level pasture, privacy, flexibility, and income potential. A long private driveway, recently asphalt-paved at a cost of approx. $70K, leads over 1/4 mile to the home and crosses scenic Jenkins Creek, a low-bank stream not located in a flood zone. The 1,950 sq. ft. home features 3 bedrooms, 2 full baths, comfortable living spaces, and a functional sauna. A massive 4,000 sq. ft. shop provides parking for 10+ vehicles, storage, loft space, plus 2 large bedrooms and 2 bathrooms, offering excellent potential for rental income, guests, hobbies, or work space. Usable pastureland adds options for livestock, recreation, or leasing.
    20 days
    |
    1,289
    |
    91
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William Albright,

    Coldwell Banker Bain

    Source: NWMLS as distributed by MLS GRID,MLS#: 2503186MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Garage
      Bathroom full
      • Level: Garage
      Entry hall
      • Level: Main
      Family room
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Heat Pump, High Efficiency (Unspecified), Electric
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
      Features
      • Sauna
      • Flooring: Hardwood, Laminate
      • Windows: Skylight(s)
      • Has fireplace: No
      • Fireplace features: Electric, Gas, Wood Burning
      Interior area
      • Total structure area: 1,950
      • Total interior livable area: 1,950 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Attached Garage, Detached Garage, RV Parking
      • Has attached garage: Yes
      • Covered spaces: 10
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Sauna, Security System, Skylight(s)
      • Has view: Yes
      • View description: River, Territorial
      • Has water view: Yes
      • Water view: River
      • Waterfront features: Low Bank, Creek, No Bank
      Lot
      • Size: 8.16 Acres
      • Features: Cable TV, Fenced-Fully, Gated Entry, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
      • Topography: Level,Partial Slope
      • Residential vegetation: Fruit Trees, Garden Space, Pasture
      Details
      • Parcel number: 1922069129
      • Zoning description: Jurisdiction: County
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Story
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 1990
      • Major remodel year: 1990

      Utilities & green energy

      • Sewer: None
      • Water: Individual Well, Private

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Covington
      Location
      • Region: Covington

      Financial & listing details

      • Price per square foot: $715/sqft
      • Tax assessed value: $1,219,000
      • Annual tax amount: $12,913
      • Date on market: 4/9/2026
      • Cumulative days on market: 25 days
      • Listing terms: Conventional,FHA,See Remarks,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
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        Estimated market value

        $1,354,200

        $1.29M - $1.42M

        $3,073/mo

        Price history

        DateEventPrice
        4/13/2026Listed for sale$1,395,000+26.8%$715/sqft
        Source: NWMLS as distributed by MLS GRID #2503186 Report a problem
        2/18/2022Sold$1,100,000+10%$564/sqft
        Source: NWMLS as distributed by MLS GRID #1878976 Report a problem
        1/31/2022Pending sale$1,000,000$513/sqft
        Source: NWMLS as distributed by MLS GRID #1878976 Report a problem
        1/31/2022Listed for sale$1,000,000$513/sqft
        Source: NWMLS as distributed by MLS GRID #1878976 Report a problem
        1/23/2022Pending sale$1,000,000$513/sqft
        Source: NWMLS as distributed by MLS GRID #1878976 Report a problem
        1/20/2022Listed for sale$1,000,000-27.3%$513/sqft
        Source: NWMLS as distributed by MLS GRID #1878976 Report a problem
        11/21/2017Listing removed$1,375,000$705/sqft
        Source: Teambuilder KW #1217496 Report a problem
        11/10/2017Pending sale$1,375,000$705/sqft
        Source: Teambuilder KW #1217496 Report a problem
        11/5/2016Price change$1,375,000-23.6%$705/sqft
        Source: Caliber Real Estate #1014653 Report a problem
        9/20/2016Pending sale$1,800,000$923/sqft
        Source: Caliber Real Estate #1014653 Report a problem
        9/13/2016Price change$1,800,000-14.3%$923/sqft
        Source: Caliber Real Estate #1014653 Report a problem
        8/16/2016Listed for sale$2,100,000+881.3%$1,077/sqft
        Source: Caliber Real Estate #1014653 Report a problem
        10/7/2011Sold$214,000-6.6%$110/sqft
        Source: NWMLS as distributed by MLS GRID #243557 Report a problem
        9/28/2011Pending sale$229,000$117/sqft
        Source: Windermere Real Estate/East, Inc. #243557 Report a problem
        9/15/2011Price change$229,000-9.8%$117/sqft
        Source: Windermere Real Estate/East, Inc. #243557 Report a problem
        9/9/2011Listed for sale$254,000$130/sqft
        Source: Windermere Real Estate/East, Inc. #243557 Report a problem
        8/15/2011Pending sale$254,000$130/sqft
        Source: Windermere Real Estate/East, Inc. #243557 Report a problem
        7/20/2011Price change$254,000-9%$130/sqft
        Source: Windermere Real Estate/East, Inc. #243557 Report a problem
        7/2/2011Listed for sale$279,000+91.1%$143/sqft
        Source: Windermere Real Estate/East, Inc. #243557 Report a problem
        6/8/2011Sold$146,000-91.4%$75/sqft
        Source: Public Record Report a problem
        10/6/2005Sold$1,700,000+771.8%$872/sqft
        Source: Public Record Report a problem
        9/9/1997Sold$195,000$100/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$11,712 +6.4%$1,219,000 +11.9%
        2023$11,008 -7.9%$1,089,000 -9.4%
        2022$11,949 +3%$1,202,000 +17.2%
        2021$11,598 +21.8%$1,026,000 +29.1%
        2020$9,520 +5.7%$795,000 +6%
        2019$9,008 +13.8%$750,000 +5.9%
        2018$7,917 +0.3%$708,000 +11.5%
        2017$7,897 +15.3%$635,000 +9.7%
        2016$6,847 $579,000 +9.5%
        2015$6,847 $529,000 +6.4%
        2014$6,847 $497,000 +20%
        2013$6,847 $414,000 +7.5%
        2012-- $385,000 -6.3%
        2011-- $411,000 -14%
        2010-- $478,000
        2009-- $478,000 +20.1%
        2007-- $398,000 +14.7%
        2006-- $347,000 +5.2%
        2005-- $330,000 +8.2%
        2001$4,389 +2.6%$305,000 +6.6%
        2000$4,276 $286,000

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $7,841/mo
        Principal & interest
        $6888
        Property taxes
        $953
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          Climate risks

          Neighborhood: 98042

          Getting around

          6 / 100
          Car-Dependent
          22 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Crestwood Elem
          • Middle: Mattson Middle
          • High: Kentwood High

          Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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