NOT LISTED FOR SALE

603 Kansas St SW Unit 1 & 2 Orting, WA 98360

Estimated Value: $379,000 - $433,267

3 Beds
2 Baths
1,038 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $375,000 $361 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,533/month

64 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Forced Air Heating System
  • No HOA
  • Open Space
  • Partially Fenced Property

About This Home

As of November 2024

Potential 7% cap rate on this awesome duplex. Located in charming Orting, this property includes TWO houses on one parcel. The second home is a cozy 1-bedroom, 1-bathroom residence with 624 sq ft of living space, an electric fireplace, and an attached garage. Home has updated plumbing and electricity. The large lot features a 24x20 detached storage room, a garden area, and a fire pit. The main house has fresh paint, new carpet, and vinyl flooring. It includes a 1-car detached garage/shop and has fresh exterior paint. All roofs 30-year, with approximately 22 years remaining. The property is vacant and ready for occupancy. Orting offers a small-town vibe with walking trails, unsurpassed view of the Mt, and a smalltown setting

Last Agent to Sell the Property

June Cousineau

Prodigy Real Estate Inc License #7278 Listed on: 08/09/2024

Last Buyer's Agent

Chris Gurnee

eXp Realty License #26577

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2279203

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 1949

Lot Details

  • 10,260 Sq Ft Lot
  • Lot Dimensions are .60x173
  • Open Space
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Miller Condos
  • In Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5925200290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,756

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Miller
  • New Construction: No
  • CalculatedSquareFootage: 1038
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 243

Interior Features

  • Possible Use: Residential
  • 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: Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None, Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Orting
  • WaterCompany: City of Orting
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 5925200290
  • Lot Size Acres: 0.2355
  • Lot Size: .60X173
  • Lot Size Sq Ft: 10260
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 13.33
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 26088
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1681
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3756

MLS Schools

  • Elementary School: Orting Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 1, 2024
Sold by
Cousineau June K and Needham Dale C
Bought by
Bloom Brian Jacob and Bloom Nicole Susanne
Seller's Agent
June Cousineau
Prodigy Real Estate Inc
Buyer's Agent
Chris Gurnee
eXp Realty
List Price
$559,995
Sold Price
$375,000
Premium/Discount to List
-$184,995
-33.04%
Total Days on Market
64
Views
30
Current Estimated Value
$397,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,317
Avg. Annual Appreciation
10.48%
Original Mortgage
$368,207
Outstanding Balance
$366,398
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$30,919

Purchase Details

Closed on
Nov 21, 1997
Sold by
Rudnick William W
Bought by
Needham Dale C and Cousineau June K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
7.33%
Source: Public Records

Range of Values:

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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
Bloom Brian Jacob $375,000 Fidelity National Title
Bloom Brian Jacob $375,000 Fidelity National Title
Needham Dale C $102,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom Brian Jacob $368,207
Closed Bloom Brian Jacob $368,207
Previous Owner Cousineau June K $127,600
Previous Owner Needham Dale C $110,500
Previous Owner Needham Dale C $92,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $375,000 -21.9% $361 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $480,000 -5.9% $462 / Sq Ft
08/20/2024 08/20/24 Price Changed $510,000 -8.9% $491 / Sq Ft
08/09/2024 08/09/24 For Sale $559,995 -- $539 / 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 $3,756 $429,800 $175,900 $253,900
2023 $3,756 $398,200 $168,100 $230,100
2022 $3,643 $413,400 $168,100 $245,300
2021 $3,495 $288,600 $110,800 $177,800
2019 $3,145 $260,200 $94,000 $166,200
2018 $3,242 $244,000 $81,900 $162,100
2017 $2,718 $215,000 $65,800 $149,200
2016 $2,507 $162,300 $51,900 $110,400
2014 $2,083 $149,600 $46,300 $103,300
2013 $2,083 $123,800 $36,400 $87,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    June Cousineau

    Prodigy Real Estate Inc

    (253) 227-6577

    1 in this area

    5 Total Sales

    June Cousineau
    Section Image
  • Chris Gurnee

    Buyer's Agent in 2024

    Chris Gurnee

    eXp Realty

    (206) 949-0864

    2 in this area

    299 Total Sales

    Chris Gurnee
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2279203

Northwest Multiple Listing Service (NWMLS)

APN: 592520-0290

Washington Pierce County Orting 98360

603 Kansas St SW Unit 1 & 2, Orting, WA

This home is located at 603 Kansas St SW Unit 1 & 2, Orting, WA 98360 since 09 August 2024 and is currently estimated at $397,317, approximately $382 per square foot. This property was built in 1949. 603 Kansas St SW Unit 1 & 2 is a home located in Pierce County with nearby schools including Orting Primary School, Ptarmigan Ridge Elementary School, and Orting Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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