NOT LISTED FOR SALE

512 Deeded St Unit 1,2,3 Orting, WA 98360

Estimated Value: $624,000 - $679,000

5 Beds
3 Baths
2,144 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $345,000 $161 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,004/month

73 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Wall to Wall Carpet
  • 0.45 Acre Lot
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of October 2018

Amazing opportunity to have a Triplex in Orting. This Triplex features 2 2 bedroom units and 1 1 bedroom unit. Single level with a newer roof and much more. Long term tenants want to stay. Could raise rents much more to market rent and cash flow. Tons of parking and a huge demand for rentals in Orting. Live in one and have the others pay rent or rent all 3. Great opportunity call today.

Last Listed By

John Lynch

Keller Williams Realty License #18268 Listed on: 06/29/2018

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1319846

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1973

Lot Details

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

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

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

Schools

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

Utilities

  • Cable TV Available

Community Details

  • In Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5925200237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,870

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2144
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 169

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: Puget Power
  • SewerCompany: Orting
  • WaterCompany: Orting Water
  • WaterSewerGarbage: 3000

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: 5925200237
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 19000
  • Number Of Units Total: 3
  • Insurance Expense: 2000
  • Leasable Area: 2144
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3870

MLS Schools

  • Elementary School: Orting Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Orting Triplex Llc
Bought by
Swarthout Connie J and Swarthout Jeffry
Total Days on Market
73
Current Estimated Value
$659,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$258,529
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$400,655

Purchase Details

Closed on
Oct 26, 2021
Sold by
Carder Philip and Carder Tessa
Bought by
Orting Triplex Llc

Purchase Details

Listed on
Jun 29, 2018
Closed on
Oct 4, 2018
Sold by
Tracy Donald R and Tracy Joann M
Bought by
Carder Philip and Carder Tessa
Seller's Agent
John Lynch
Keller Williams Realty
Buyer's Agent
Christopher Seim
eXp Realty
List Price
$349,995
Sold Price
$345,000
Premium/Discount to List
-$4,995
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$170,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2009
Sold by
Nilles Robert J and Swearingen Linda Jean
Bought by
Tracy Donald R and Tracy Joann M

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
Swarthout Connie J $660,000 None Listed On Document
Orting Triplex Llc -- None Available
Carder Philip $344,719 First American Title Company
Tracy Donald R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swarthout Connie J $260,000
Previous Owner Carder Philip $357,000
Previous Owner Carder Philip $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $345,000 -1.4% $161 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $349,995 0.0% $163 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $349,995 -- $163 / 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 $4,193 $481,400 $190,100 $291,300
2023 $4,193 $456,600 $181,600 $275,000
2022 $3,932 $429,900 $181,600 $248,300
2021 $4,194 $346,500 $125,000 $221,500
2019 $3,416 $316,700 $106,000 $210,700
2018 $0 $265,100 $92,400 $172,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1319846

Northwest Multiple Listing Service (NWMLS)

APN: 592520-0237