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217 South Orcas Street

217 South Orcas Street, Seattle, WA 98108
Property in Georgetown
Sold Sep 10, 2021
$690,000
$603,202 by Banner Bank
Mortgage
217 South Orcas Street has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 217 South Orcas Street has 1,050 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 180 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 217 South Orcas Street sold most recently in Sep 9, 2021 for a total of $690,000. If you work out the math, that's approximately a cost of $463.09 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,584 in taxes each year. The initial year of tax delinquency occurred in 2022. 217 South Orcas Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $536,000. If we break it down further, the land itself was valued at $302,000. Improvements to the property, however, were assessed at a total of $234,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 440
  • Garage Type: Carport
  • Garage Square Area: 180
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 1,490
  • Gross Building Area: 1,490
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COMMERCIAL ST STEAM MOTOR ADD
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COMMERCIAL ST STEAM MOTOR ADD & VAC ST ADJ

Ownership

  • Current Owner : AMYWORKS INC
  • Previous Owner : FISHER FIVE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 010900

Zoning

  • Zoning: MML U/85

Geography

  • Account Number: 172280172005
  • District: SEATTLE
  • Parcel: 172280-1720
  • Block: 33
  • Lot: 8-9
  • Meridian: SEC 20 TWN 24 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.5517
  • Longitude: -122.332

    Address

  • Full Address: 217 S Orcas St
  • Address - House Number: 217
  • Street Direction: S
  • Address - Street Name: Orcas
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C004
  • 4-Digit Zip Code: 2442
  • Zip Code: 98108

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,584
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 623,608
  • High Value: 726,491
  • Low Value: 520,726

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $603,202
  • First Open Lien Mortgage Lender: BANNER BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $603,202
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $536,000
  • Market Land Value: $302,000
  • Market Improvement Value: $234,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,000
  • Assessed Land Value: $302,000
  • Assessed Improvements Value: $234,000

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11855140484
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210910002106

    Last Sale Mortgage

  • First Mortgage Lender: ENTERPRISE BANK & TRUST
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $586,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: SBA Participation Trust Deed

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 217 South Orcas Street located in?
The 217 South Orcas Street is a located in the neighborhood of Georgetown in Greater Duwamish, Seattle.
What is the average sales price for listings in 217 South Orcas Street?
The average sales price for units in 217 South Orcas Street is $0 currently.

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