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507 Brown Street Southeast

507 Brown Street Southeast, Orting, WA 98360
Property in Pierce
Sold May 30, 2014
$134,400
$290,000 by Bay Equity Llc
Mortgage Due May 01, 2052
Sold Nov 01, 2013
Transfer
507 Brown Street Southeast has been categorized by the local assessors in Orting, WA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 507 Brown Street Southeast has 1,568 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 322 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,872 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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 attached garage for those who require parking. The garage measured 322 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. 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. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 507 Brown Street Southeast was last sold in May 23, 2014 for $134,400. According to our calculations, that's $85.71 per sqft. Current property owners are expected to pay $3,546 in taxes per year. The property on 507 Brown Street Southeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $398,700. To break that down further, the land itself was valued at $170,000. While improvements to the property were assessed at a total of $228,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 322
  • Garage Type: Attached
  • Garage Square Area: 322
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,872
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,568
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RAINIER MEADOWS
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 32 TOWNSHIP 19 RANGE 05 QUARTER 12 RAINIER MEADOWS L 37 EASE OF REC OUT OF 1-000 SEG G0794 MD 3/28/95MD

Ownership

  • Current Owner : THOMPSON CARL
  • Current Owner 2: THOMPSON THERESA
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: BEKKEN CHRISTOPHER
  • Owner Before Previous Owner 2: BEKKEN HEIDI A

Neighborhood

  • School District Name: Orting School District
  • Census Tract: 070404

Zoning

  • Zoning: RU

Geography

  • Assessors Map Reference: 866-C7
  • Parcel: 700054-0-370
  • Lot: 37
  • Meridian: SEC 32 TWN 19 RNG 05
  • Municipality: ORTING
  • Latitude: 47.0944
  • Longitude: -122.195

    Address

  • Full Address: 507 Brown St Se
  • Address - House Number: 507
  • Street Segment Direction: SE
  • Address - Street Name: Brown
  • Address - Suffix Type: St
  • State: WA
  • City Name: Orting
  • Carrier Code: R005
  • 4-Digit Zip Code: 9436
  • Zip Code: 98360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,546
  • Tax Rate Code Area: 084

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 81
  • Final Value: 438,291
  • High Value: 505,960
  • Low Value: 370,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Apr 15, 2022
  • First Open Lien Mortgage Loan Amount: $290,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $398,700
  • Market Land Value: $170,000
  • Market Improvement Value: $228,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $398,700
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $228,700

    Sales

  • Current Sale Contract Date: May 23, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Transaction ID: 1010905899
  • Current Sale Price: $134,400
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201405300752
  • Previous Sale Recording Date: Nov 01, 2013
  • Previous Sale Contract Date: Aug 14, 2013
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE MASTER SERVICE CORP
  • First Mortgage Transaction Date: May 30, 2014
  • First Mortgage Loan Amount: $107,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Orting



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Frequently Asked Questions

What neighborhood is 507 Brown Street Southeast located in?
The 507 Brown Street Southeast is a located in the neighborhood of Pierce in Orting, Orting.
What is the average sales price for listings in 507 Brown Street Southeast?
The average sales price for units in 507 Brown Street Southeast is $0 currently.

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