NOT LISTED FOR SALE

505 Factory St SE Orting, WA 98360

Estimated Value: $661,647 - $761,000

4 Beds
4 Baths
2,288 Sq Ft
$308/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $330,000 $144 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,383/month

47 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Property is Fully Fenced
  • Deck
  • High Speed Internet
  • 1-Story Property

About This Home

As of February 2017

Gorgeous Duplex with Designer touches! Spacious main unit offers 3 great sized rms, Master with double walk ins & en suite. Fully remodeled high end kitchen, Hardwood floors, Large & Bright living areas with fantastic back deck,sizeable yard, storage shed, Rv Parking & Attached 2 car garage. 2nd unit has Large open living, 1 bed plus den or use as a 2nd bedroom. HUGE back deck,fenced yard & massive carport. Perfect for MIL or Live in & rent out. Great Location in town, You want to see this one!

Last Listed By

Briana Schiavone

Keller Williams Realty PS License #114324 Listed on: 11/22/2016

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1055026

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • In Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5485000190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,545

Year Built

Built in 1992 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1992
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2288
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Great to show!
  • Special Features: None
  • Cumulative Days on Market: 299

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Orting
  • WaterCompany: Orting
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 5485000190
  • Lot Size Acres: 0.2851
  • Lot Size Sq Ft: 12420
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 800

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3545

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2288
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Orting Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Feb 14, 2017
Sold by
Anderson Randal J and Anderson Mary A
Bought by
Coleman Levi B
Seller's Agent
Briana Schiavone
Keller Williams Realty PS
Buyer's Agent
Jesse Nelson
AgencyOne
List Price
$330,000
Sold Price
$330,000
Total Days on Market
47
Current Estimated Value
$704,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,162
Avg. Annual Appreciation
9.40%
Original Mortgage
$330,000
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Feb 11, 2005
Sold by
Harris Dustin L
Bought by
Anderson Randal J and Anderson Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2000
Sold by
Couch Eldon L
Bought by
Harris Dustin L and Harris Deanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,125
Interest Rate
8.67%
Mortgage Type
VA

Purchase Details

Closed on
Jun 15, 1995
Sold by
Timlick George W and Timlick Donna L
Bought by
Couch Eldon L and Couch Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
8.37%
Mortgage Type
Seller Take Back

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
Coleman Levi B $329,719 Fatco
Anderson Randal J $243,000 Rainier Title Company
Harris Dustin L $187,500 Rainier Title Company
Couch Eldon L $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Levi B $276,615
Closed Coleman Levi B $311,937
Closed Coleman Levi B $330,000
Previous Owner Anderson Randal J $258,000
Previous Owner Anderson Randal J $194,400
Previous Owner Harris Dustin L $193,125
Previous Owner Couch Eldon L $68,500
Closed Anderson Randal J $48,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $330,000 0.0% $144 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $330,000 -- $144 / 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 $5,763 $666,500 $184,500 $482,000
2023 $5,763 $635,500 $176,300 $459,200
2022 $5,427 $592,100 $176,300 $415,800
2021 $4,988 $412,300 $116,500 $295,800
2019 $4,541 $361,300 $98,900 $262,400
2018 $4,487 $352,700 $86,200 $266,500
2017 $3,764 $297,800 $69,200 $228,600
2016 $3,568 $225,300 $55,100 $170,200
2014 $3,327 $213,100 $49,300 $163,800
2013 $3,327 $194,900 $38,700 $156,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1055026

Northwest Multiple Listing Service (NWMLS)

APN: 548500-0190