Listed by Washington Realty Group, Bought with WeLakeside
NOT LISTED FOR SALE

614 Harman Way S Unit 14 Orting, WA 98360

Estimated Value: $934,413 - $1,109,000

12 Beds
6 Baths
2,482 Sq Ft
$412/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $725,000 $292 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,117/month

11 Days on Market

About This Home

As of December 2019

Investor alert! Orting 4 plex, Built-in 1993, 2 buildings with 2 units each on one parcel, each of these units has 1241 square feet of living space, with 3 bedrooms 1.5 baths. Large living rooms with gas FP. One car attached garage with W/d hookups. Sliders open up to fenced back yards. Separate storage units for each Townhome. Easy to rent low vacancy. New Roof to be installed ASAP

Last Agent to Sell the Property

Jim Clifford

Washington Realty Group License #16818 Listed on: 10/11/2019

Co-Listed By

Daniel Hunt

SJC Management Group License #50669

Last Buyer's Agent

Grace Lee

WeLakeside License #91962

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1528106

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,774

Year Built

  • Built in 1993

Lot Details

  • 0.47 Acre Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Orting Primary Sch Elementary School
  • Orting High School

Community Details

  • Orting Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4685000081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,774

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1993
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Quadruplex

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
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Orting
  • WaterCompany: City of Orting
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Orting
  • High School: Orting High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4685000081
  • Lot Size Acres: 0.4713
  • Lot Size Sq Ft: 20530
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: Tax
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4850

Multi Family

  • Gross Scheduled Income: 59400
  • Net Operating Income: 40103
  • Number Of Units Total: 4
  • Insurance Expense: 2934
  • Leasable Area: 4964
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6774

MLS Schools

  • Elementary School: Orting Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Friedman Bruce
Bought by
Friedman Bruce and Friedman Tracie
Current Estimated Value
$1,022,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 19, 2019
Sold by
Mills Yvonne J
Bought by
Friedman Bruce
Seller's Agent
Jim Clifford
Washington Realty Group
Buyer's Agent
Grace Lee
WeLakeside
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$616,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2009
Sold by
Mills David L
Bought by
Mills Yvonne J
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
Friedman Bruce -- None Listed On Document
Friedman Bruce -- None Listed On Document
Friedman Bruce $725,000 First American Title Company
Mills Yvonne J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Friedman Bruce $0
Open Friedman Bruce $615,000
Previous Owner Friedman Bruce $616,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $725,000 0.0% $292 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $725,000 -- $292 / 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 $8,623 $974,100 $209,500 $764,600
2024 $8,623 $999,700 $198,500 $801,200
2023 $8,623 $942,800 $189,700 $753,100
2022 $8,036 $868,600 $189,700 $678,900
2021 $7,313 $605,000 $126,500 $478,500
2019 $6,774 $529,600 $107,300 $422,300
2018 $6,677 $526,500 $93,500 $433,000
2017 $5,920 $443,500 $75,100 $368,400
2016 $5,673 $353,200 $58,300 $294,900
2014 $5,299 $339,100 $52,100 $287,000
2013 $5,299 $314,200 $40,900 $273,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1528106

Northwest Multiple Listing Service (NWMLS)

APN: 468500-0081