NOT LISTED FOR SALE

602 Grinnell Ave SW Orting, WA 98360

Estimated Value: $808,000 - $858,000

6 Beds
5 Baths
3,520 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $805,000 $229 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,216/month

31 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Vinyl Plank Flooring
  • Deck
  • Open Space
  • Forced Air Heating System

About This Home

As of November 2024

Refreshed duplex featuring breathtaking views of Mt. Rainier & open space. Each unit boasts 3 spacious bedrooms + 2.5 baths, with brand new appliances, carpet & stylish vinyl plank flooring. Fresh paint, trim & doors. Unit 2 w/new kitchen cabinets&quartz counters, water heater. Open-concept living, perfect for entertaining, features cozy gas fireplaces. Kitchens equipped with gas ranges & convenient eating bars. Enjoy dining room w/ a view, overlooking fenced backyards complete with deck&mt views. Units offer large bedrooms including primary suites with walk-in closets & attached baths (one w/ fireplace). Newer roof. Fantastic investment opportunity—live in one unit while renting out the other, or maximize your income by renting both sides.

Last Listed By

Lauri McLeod

John L. Scott R.E. Lake Tapps License #26040 Listed on: 09/23/2024

John L. Scott R.E. Lake Tapps

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2293969

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,931

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 114x103x114x103
  • Open Space
  • Property is Fully Fenced

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fords First Add Condos
  • In Town Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3913000170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,931

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fords First Add
  • New Construction: No
  • CalculatedSquareFootage: 3520
  • Special Features: None
  • Cumulative Days on Market: 227

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Orting
  • WaterCompany: City of Orting
  • CableConnected: xfinity
  • InternetConnected: xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Orting

Lot Info

  • Parcel Number: 3913000170
  • Lot Size Acres: 0.2554
  • Lot Size: 114x103x114x103
  • Lot Size Sq Ft: 11124
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully
  • MLSLotSizeSource: Tax records
  • MLSSquareFootageSource: Tax records
  • LotNumber: 3

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 18.1
  • LeasedItems: None
  • TotalMonthlyIncome: 5000

Multi Family

  • Gross Scheduled Income: 60000
  • Net Operating Income: 51069
  • Number Of Units Total: 2
  • Insurance Expense: 2000
  • Leasable Area: 3520
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 30, 2024
Sold by
Mensink Henk and Mensink John Henk
Bought by
Jmd Property Investment Llc
Seller's Agent
Lauri McLeod
John L. Scott R.E. Lake Tapps
List Price
$925,000
Sold Price
$805,000
Premium/Discount to List
-$120,000
-12.97%
Total Days on Market
31
Views
11
Current Estimated Value
$830,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,056
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Oct 26, 1999
Sold by
Pacific Hansa Inc
Bought by
Mensink Henk and Mensink Linda

Purchase Details

Closed on
Dec 3, 1998
Sold by
Grove Charles Wayne
Bought by
Pacific Hansa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.5%
Source: Public Records

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Range of Values:

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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
Jmd Property Investment Llc $805,000 Ticor Title
Mensink Henk $258,000 Chicago Title Insurance Co
Pacific Hansa Inc $45,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific Hansa Inc $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $805,000 -5.3% $229 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/20/2024 10/20/24 Price Changed $849,876 -5.4% $241 / Sq Ft
10/14/2024 10/14/24 Price Changed $898,700 -2.8% $255 / Sq Ft
09/23/2024 09/23/24 For Sale $925,000 -- $263 / 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 $6,931 $795,500 $202,800 $592,700
2023 $6,931 $753,000 $193,800 $559,200
2022 $6,460 $698,400 $193,800 $504,600
2021 $5,875 $485,800 $130,200 $355,600
2019 $5,351 $425,600 $110,400 $315,200
2018 $4,944 $415,700 $96,200 $319,500
2017 $4,944 $352,000 $77,300 $274,700
2016 $4,706 $294,400 $61,200 $233,200
2014 $4,362 $281,200 $54,700 $226,500
2013 $4,362 $258,700 $43,000 $215,700
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2293969

Northwest Multiple Listing Service (NWMLS)

APN: 391300-0170