NOT LISTED FOR SALE

Estimated Value: $869,000

8 Beds
4 Baths
3,552 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $720,000 $203 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,383/month

About This Home

As of June 2018

This home is located at 5211 S Orchard St, University Place, WA 98467 since 15 June 2018 and is currently estimated at $869,000, approximately $244 per square foot. This property was built in 1981. 5211 S Orchard St is a home located in Pierce County with nearby schools including Edison Elementary School, Gray Middle School, and Foss High School.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 06/15/2018

Last Buyer's Agent

Charles Burnett

Real Broker LLC License #50261 Listed on: 06/15/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1312199

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,312

Year Built

  • Built in 1981

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Community Details

  • 4 Units
  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 6550700040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,312

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 54 - 4-Plex
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Sq Ft: 3552

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Garage Spaces: 4
  • Numberof Uncovered Spaces: 4
  • Total Numberof Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Community Name: University Place

Lot Info

  • Lot Sq Ft: 11220
  • Parcel Number: 6550700040

Multi Family

  • Gross Adjusted Income: 52980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jun 11, 2018
Sold by
Ritter Paul D and Ritter Shirley A
Bought by
A & L Koh Llc and Sj Park Llc
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Charles Burnett
Real Broker LLC
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$869,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,000
Avg. Annual Appreciation
1.97%
Original Mortgage
$2,160,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1999
Sold by
Pacleb Saturnino P and Pacleb Song Ye
Bought by
Ritter Paul D and Ritter Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1995
Sold by
Scianna Larry S and Scianna Candace A
Bought by
Posadas Manuel P and Posadas Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1995
Sold by
Posadas Manuel P and Posadas Edith
Bought by
Pacleb Saturnino P and Pacleb Song Ye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.44%
Mortgage Type
Commercial
Source: Public Records

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
A & L Koh Llc $3,599,719 Fidelity National Title
Ritter Paul D $197,777 Rainier Title Company
Posadas Manuel P -- Chicago Title Insurance Co
Pacleb Saturnino P $218,137 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & L Koh Llc $2,160,000
Previous Owner Ritter Paul D $129,500
Previous Owner Pacleb Saturnino P $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $720,000 0.0% $203 / Sq Ft
06/15/2018 06/15/18 For Sale $720,000 -- $203 / 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 $9,312 $896,100 $234,600 $661,500
2024 $9,312 $892,500 $226,800 $665,700
2023 $9,312 $837,300 $216,900 $620,400
2022 $8,289 $793,700 $213,900 $579,800
2021 $7,398 $589,200 $117,400 $471,800
2019 $5,587 $495,400 $94,500 $400,900
2018 $5,820 $430,200 $82,600 $347,600
2017 $5,216 $368,700 $69,000 $299,700
2016 $4,277 $285,000 $49,100 $235,900
2014 $4,074 $246,100 $47,500 $198,600
2013 $4,074 $206,200 $44,500 $161,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1312199

Northwest Multiple Listing Service (NWMLS)

APN: 655070-0040