Listed by John L. Scott, Inc., Bought with Larsen Properties Realty, LLC
$490,000
SOLD FEB 28, 2023

318 Oak St SW Unit 68 Orting, WA 98360

3 Beds
2 Baths
1,752 Sq Ft
10,752 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Traditional Architecture
  • Mountain View
  • Vaulted Ceiling
  • Walk-In Pantry

About This Home

As of February 2023

Majestic View Estates is an ideal 55+ gated community with a scenic view of Mt. Rainier from your very own backyard. This home has been meticulously cared for! Boasting heat pump/central air, vaulted ceilings, gas fireplace, large windows & skylights offer a flood of light all within an open concept one level living! Nice sized kitchen with large breakfast bar, granite countertops, pantry & lots of cabinet space. Separate laundry area and large 2 car garage have plenty extra storage. Easy access to walking trails of Orting and local shopping centers. Homeowners can take advantage of a variety of on-site amenities including pool, community lounge, exercise room, RV/boat storage, parks and local social clubs. Don't miss this turn-key home!

Last Agent to Sell the Property

Carl Shaw

John L. Scott, Inc. License #16806 Listed on: 01/11/2023

John L. Scott, Inc.

Last Buyer's Agent

Tracy Larsen

Larsen Properties Realty, LLC License #28031

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2026353

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 2006

Lot Details

  • 10,752 Sq Ft Lot
  • Lot Dimensions are 56x87
  • Northwest Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 900603-010-0

Community Details

Overview

  • Senior Community
  • Nancy Easley Association
  • Secondary HOA Phone (253) 465-6073
  • Orting Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,958

Year Built

Built in 2006

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2006
  • Inclusions: Dishwasher,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Majestic View Estates
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1752
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 903

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 1752
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1752
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Orting
  • WaterCompany: City of Orting
  • WaterHeaterLocation: master bedroom closet
  • WaterHeaterType: gas

Condo/Co-op/Association

  • Community Features: Age Restriction, CCRs, Club House, Park
  • Senior Community: Yes
  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Phone: 253-465-6073
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Nancy Easley

Schools

  • Junior High Dist: Orting

Lot Info

  • Parcel Number: 900603-010-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2468
  • Lot Size: 56x87
  • Lot Size Sq Ft: 10752
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gated Entry,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: PCR
  • MLSSquareFootageSource: PCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3958

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 17, 2023
Sold by
Team Spinnaker Investments Llc
Bought by
Finch William S and Finch Sherry Jo
Seller's Agent
Carl Shaw
John L. Scott, Inc.
Buyer's Agent
Tracy Larsen
Larsen Properties Realty, LLC
List Price
$499,950
Sold Price
$490,000
Premium/Discount to List
-$9,950
-1.99%
Views
48
Current Estimated Value
$525,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,519
Avg. Annual Appreciation
2.94%
Original Mortgage
$450,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Dec 16, 2022
Sold by
Trustee Corps and Mtc Financial Inc
Bought by
Team Spinnaker Investments Llc and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,752
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2022
Sold by
Eastside Funding Llc
Bought by
Team Spinnaker Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,752
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 20, 2019
Sold by
Englund Ronald W and Shark Brenda B
Bought by
Boyle Bette
Seller's Agent
Barbara Riske
Keller Williams Realty
Buyer's Agent
Cynthia Schmidt
John L. Scott, Inc.
List Price
$350,000
Sold Price
$338,000
Premium/Discount to List
-$12,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$321,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Majestic View Estates Llc
Bought by
Englund Ronald W and Shark Brenda B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Trustee Deed $353,300 None Listed On Document
Trustee Deed $353,300 --
Quit Claim Deed -- --
Warranty Deed $338,000 Puget Sound Title Puyallup
Warranty Deed $47,660 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,300 VA
Closed $450,000 VA
Previous Owner $312,752 New Conventional
Previous Owner $312,752 Seller Take Back
Previous Owner $321,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $490,000 -2.0% $280 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $499,950 +47.9% $285 / Sq Ft
12/23/2019 12/23/19 Sold $338,000 -3.4% $193 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $350,000 -- $200 / 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
2025 $4,107 $505,800 $195,400 $310,400
2024 $4,107 $480,400 $185,100 $295,300
2023 $4,107 $445,500 $176,900 $268,600
2022 $3,958 $446,800 $176,900 $269,900
2021 $4,209 $347,800 $122,100 $225,700
2019 $3,823 $296,400 $86,400 $210,000
2018 $3,911 $296,800 $90,300 $206,500
2017 $3,317 $259,500 $70,700 $188,800
2016 $3,295 $203,900 $52,500 $151,400
2014 $2,868 $196,800 $55,200 $141,600
2013 $2,868 $169,500 $43,400 $126,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2026353

Northwest Multiple Listing Service (NWMLS)

APN: 900603-0100