Commercial · Covington · Seattle-Bellevue metro, WA
One of 48 reachable commercial buildings in Covington. Larger than 42% of commercial buildings in Covington (median 17,685 SF), derived from assessor records.
Usable building area
7,408 SF, King County Assessor
Lot size
22,970 SF, King County Assessor
Year built
1989, King County Assessor
Stories
1, King County Assessor
Predominant use
Retirement Facility, King County Assessor
Assessed value
$1,619,100, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$218.56/SF, derived from assessor records
Usable area / lot
0.32, derived from assessor records
Vintage
1980s vintage
Zoning
R6, King County
County use code
Retirement Facility
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $2.17M (estimated market value), with a likely range of $1.8M to $2.61M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 4.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 26% below the $393.91/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Last sold: 2019-11-07 for $1,600,000 (recorded arm's-length sale).
Current ownership dates to 2019 (about 7 years) per recorded transfers.
2019-11-07: $1,600,000 from Private party to P&S Real Estate LLC, rec. 20191113001482
2005-11-30: $580,000 from Private party to Private party, rec. 20051202002288
2 administrative transfers (no consideration), 1994 to 1996
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $652,800 (2011) to $1,619,100 (2026), up 148% over 15 years, per county tax rolls. The 2026 roll splits $1,619,100 into $252,600 land and $1,366,500 improvements.
Zoning: R6 (per King County)
Lot: 22,970 sq ft
Nuisance flags: Traffic noise
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Group Care Home 7,128 SF; Garage, Storage 280 SF (county building sections)