NOT LISTED FOR SALE

405 407 Harman S Orting, WA 98360

Estimated Value: $1,289,000 - $1,378,000

18 Beds
8 Baths
6,744 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $699,000 $104 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,283/month

515 Days on Market

About This Home

As of November 2016

Built in 1994, well maintained 2 triplexes with 8 garages, newer roof and sidings. Current rental market is $1000-$1200 per month.
Actual Cap Rate 7.69%

Last Listed By

David Cho

Better Properties Eastside License #75183 Listed on: 06/01/2015

Better Properties Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 796886

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,255

Year Built

  • Built in 1994

Lot Details

  • 0.61 Acre Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 6,744 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 21 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Community Details

  • Orting Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5935000042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,255

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1994
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6744
  • Special Features: None
  • Cumulative Days on Market: 752

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking Spaces: 13
  • Open Parking: Yes
  • Total Parking Spaces: 21
  • ParkingUncoveredSpaces: 13

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Orting City
  • WaterCompany: Orting City
  • WaterSewerGarbage: 5050

Schools

  • Junior High Dist: Orting

Lot Info

  • Parcel Number: 5935000042
  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 26572
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county record

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 5850

Multi Family

  • Gross Scheduled Income: 70200
  • Net Operating Income: 53085
  • Number Of Units Total: 6
  • Insurance Expense: 1300
  • Leasable Area: 6744
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 7255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Nov 17, 2016
Sold by
Suh Dong J and Suh Su J
Bought by
Gervais Scott G and Gervais Denise R
Seller's Agent
David Cho
Better Properties Eastside
Buyer's Agent
Sandy Boldenow
Integrity Real Estate
List Price
$699,000
Sold Price
$699,000
Total Days on Market
515
Current Estimated Value
$1,339,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,348
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Oct 1, 2004
Sold by
Tripp Earl L
Bought by
Suh Dong J and Suh Su J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1998
Sold by
Adams Craig S
Bought by
Gervais Scott G and Gervais Denise R

Purchase Details

Closed on
Feb 23, 1996
Sold by
Gervais Scott G and Gervais Denise R
Bought by
Benson Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1995
Sold by
Gervais Scott G and Gervais Denise R
Bought by
Canedy Randy S and Canedy Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1995
Sold by
Hull Robert J and Hull Cornelia L
Bought by
Gervais Scott G and Gervais Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,882
Interest Rate
9.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1994
Sold by
Gervais Scott G
Bought by
Bryson Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,516
Interest Rate
8.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 1993
Sold by
Ford William H
Bought by
Thompson Walter and Thompson Mary L

Range of Values:

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Average Value
Not Available
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
Gervais Scott G $698,719 Attorneys Title
Suh Dong J -- --
Gervais Scott G $13,825 Chicago Title
Benson Beverly $42,800 Chicago Title
Gray Maxine $35,000 Chicago Title
Canedy Randy S $42,900 Chicago Title
Canedy Randy S $42,900 Chicago Title
Gervais Scott G $21,882 Chicago Title
Bryson Ronald G $40,115 Chicago Title
Thompson Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suh Dong J $295,982
Previous Owner Suh Dong J $372,000
Previous Owner Gray Maxine $33,600
Previous Owner Benson Beverly $41,400
Previous Owner Canedy Randy S $41,300
Previous Owner Gervais Scott G $21,882
Previous Owner Bryson Ronald G $38,516
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $699,000 0.0% $104 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $699,000 -6.7% $104 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
06/01/2015 06/01/15 For Sale $749,000 -- $111 / 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 $10,283 $1,240,900 $211,600 $1,029,300
2023 $10,283 $1,172,700 $202,200 $970,500
2022 $9,452 $1,078,100 $202,200 $875,900
2021 $11,033 $913,200 $135,400 $777,800
2019 $9,056 $851,800 $114,900 $736,900
2018 $7,610 $704,100 $100,100 $604,000
2017 $7,610 $622,700 $80,400 $542,300
2016 $7,314 $459,500 $63,400 $396,100
2014 $3,465 $437,300 $56,600 $380,700
2013 $3,465 $407,100 $44,500 $362,600
Source: Public Records

Agents Affiliated with this Home

  • David Cho

    Seller's Agent in 2016

    David Cho

    Better Properties Eastside

    (253) 861-9544

    37 Total Sales

    David Cho
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Sarah Cho

    Better Properties Eastside

    (253) 861-9529

    Sarah Cho
    Section Image
  • Sandy Boldenow

    Buyer's Agent in 2016

    Sandy Boldenow

    Integrity Real Estate

    (253) 988-9220

    26 Total Sales

    Sandy Boldenow
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 796886

Northwest Multiple Listing Service (NWMLS)

APN: 593500-0042

Washington Pierce County Orting 98360

405 407 Harman S, Orting, WA

Homes for Sale in Orting, WA

This home is located at 405 407 Harman S, Orting, WA 98360 since 01 June 2015 and is currently estimated at $1,339,348, approximately $198 per square foot. This property was built in 1994. 405 407 Harman S is a home located in Pierce County with nearby schools including Orting Primary School, Ptarmigan Ridge Elementary School, and Orting Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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