NOT LISTED FOR SALE

5502 Orchard St W University Place, WA 98467

-- Bed
-- Bath
6,400 Sq Ft
0.36 Acres

About This Home

This home is located at 5502 Orchard St W, University Place, WA 98467. 5502 Orchard St W is a home located in Pierce County with nearby schools including Whittier Elementary School, Wainwright Intermediate School, and Foss High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Kang Revocable Living Trust
Bought by
Chico Way Shell Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,182,575
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 2019
Sold by
Kang Hee Yeol and Kang See J
Bought by
Kang Hee Yeol and Kang See Jee

Purchase Details

Closed on
Jun 25, 2019
Sold by
Cts Investment Property Llc
Bought by
Kang Hee Yeol and Kang See J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2012
Sold by
Cho Chin and Cho Me
Bought by
Cts Investment Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2012
Sold by
Cirque Plaza Ventures Llc
Bought by
Cho Chin and Cho Me

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2007
Sold by
Cirque Plaza Associates Llc
Bought by
Cirque Plaza Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Chico Way Shell Inc $2,850,000 Chicago Title Company
Kang Hee Yeol -- None Available
Kang Hee Yeol $2,670,000 Chicago Title
Cts Investment Property Llc -- Stewart Title
Cho Chin $1,882,000 Stewart Title Company
Cirque Plaza Ventures Llc $1,650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chico Way Shell Inc $1,200,000
Previous Owner Kang Hee Yeol $1,320,000
Previous Owner Cho Chin $1,300,000
Previous Owner Cirque Plaza Ventures Llc $1,450,000
Source: Public Records

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 $16,298 $1,377,700 $325,700 $1,052,000
2024 $16,298 $1,413,400 $350,500 $1,062,900
2023 $16,298 $1,341,900 $350,500 $991,400
2022 $14,980 $1,341,900 $350,500 $991,400
2021 $16,312 $1,167,700 $305,600 $862,100
2019 $14,480 $1,174,100 $280,400 $893,700
2018 $15,005 $1,067,600 $287,200 $780,400
2017 $13,947 $921,400 $262,000 $659,400
2016 $14,362 $797,700 $262,000 $535,700
2014 $14,818 $797,700 $262,000 $535,700
2013 $14,818 $797,700 $262,000 $535,700
Source: Public Records

Map

Washington Pierce County University Place 98409

5502 Orchard St W, University Place, WA

This home is located at 5502 Orchard St W, University Place, WA 98467. 5502 Orchard St W is a home located in Pierce County with nearby schools including Whittier Elementary School, Wainwright Intermediate School, and Foss High School.

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