NOT LISTED FOR SALE

1209 Orting Kapowsin Hwy E Unit A & B Orting, WA 98360

Estimated Value: $777,213 - $850,000

5 Beds
5 Baths
2,876 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $700,000 $243 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,028/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Property is in very good condition
  • 0.45 Acre Lot
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of November 2021

Deluxe quality 2-story duplex built and maintained in excellent condition. Large 3 bed 2.5 bath plus 2 bed 1.75 bath, both with large 2 car attached garage and plenty of additional parking. Energy features throughout with gas forced air and air conditioning, attractive concrete flatwork and beautiful landscaping around entire building. Large property that is easy to maintain with additional potential including another detached garage currently rented for $250/month could easily be converted into additional 2 bed 2 bath living space. Architectural comp shingles and brick wainscoting with great street appeal. This is a high quality duplex that is desirable for either an owner-occupant or investor. CAT-5, LR with surround sound & much more.

Last Listed By

Sandy Brown

Windermere RE/Capitol Hill,Inc License #37867 Listed on: 09/20/2021

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1842563

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,711

Year Built

  • Built in 2008

Lot Details

  • 0.45 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Orting Primary Sch Elementary School
  • Orting Mid Middle School
  • Orting High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Orting Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0519318003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,711

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2876
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 331

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Post & Beam

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Orting
  • WaterCompany: Orting
  • WaterSewerGarbage: 2930

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Orting
  • High School: Orting High
  • Middle Or Junior School: Orting Mid

Lot Info

  • Parcel Number: 0519318003
  • Lot Size Acres: 0.4518
  • Lot Size Sq Ft: 19682
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 2

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 37320

Multi Family

  • Gross Scheduled Income: 37320
  • Net Operating Income: 27866
  • Number Of Units Total: 2
  • Electric Expense: 132
  • Insurance Expense: 813
  • Leasable Area: 3800
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5711

MLS Schools

  • Elementary School: Orting Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 8, 2021
Sold by
Solomon Jerald Vestal and Solomon Colleen
Bought by
Hilkin Richard J and Hilkin Kathy L
Seller's Agent
Sandy Brown
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Auston Hilkin
Coldwell Banker Danforth
List Price
$695,000
Sold Price
$700,000
Premium/Discount to List
$5,000
0.72%
Total Days on Market
7
Current Estimated Value
$805,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,553
Avg. Annual Appreciation
3.48%
Original Mortgage
$490,000
Outstanding Balance
$456,576
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$332,676

Purchase Details

Listed on
Oct 8, 2013
Closed on
Jun 3, 2014
Sold by
Silvernail Douglas E
Bought by
Solomon Jerald and Solomon Colleen
Buyer's Agent
Brian Bailey
Berkshire Hathaway HS NW
List Price
$339,500
Sold Price
$315,000
Premium/Discount to List
-$24,500
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hilkin Richard J $700,000 Cw Title
Solomon Jerald $314,719 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilkin Richard J $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $700,000 +0.7% $243 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $695,000 +120.6% $242 / Sq Ft
06/13/2014 06/13/14 Sold $315,000 -7.2% $110 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $339,500 -- $118 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,742 $768,200 $206,800 $561,400
2023 $6,742 $725,900 $197,600 $528,300
2022 $6,382 $676,600 $197,600 $479,000
2021 $5,711 $472,200 $131,700 $340,500
2019 $5,188 $413,800 $111,700 $302,100
2018 $5,144 $403,000 $97,300 $305,700
2017 $4,774 $341,500 $78,200 $263,300
2016 $4,527 $284,000 $63,900 $220,100
2014 $4,194 $270,500 $57,100 $213,400
2013 $4,194 $247,500 $44,900 $202,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1842563

Northwest Multiple Listing Service (NWMLS)

APN: 051931-8003