About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

121 Kensington Ave SW, Orting, WA 98360

$2,231,062

Last sold 06/30/2017 for $1.19M

—
bed
—
bath
11,000
Sqft ($108/Sqft)

House not for sale

About 121 Kensington Ave SW

Property type House

Neighborhood

Year built 1991

HOA fee $0/month

Lot size 1.25 Acre

Movoto estimate

Property description

Well kept & manicured 10 unit multi-family dwellings in Kensington Court featuring 2 story, 1,100 SF units with 2 bedroom and 1.5 bathrooms.

Listed by

Listing Agent - Derek G. Olson

Listing Office - Person Real Estate Group LLC

Source: NWMLS

MLS#1073278 • last updated 1 year ago

Movoto checked NWMLS for data 22 minutes ago

Overview
Levels/Style	Multi Family
MLS #	1073278
SubType	Multi-Family
Type	Residential Income
SqFt	11000
Status	Sold
Lot Size (SqFt)	54463
Lot Size (Acres)	1.2503
Property Tax	10507
Buying Office	Windermere RE West Campus Inc
Year Built	1991
Buying Office Phone	253-838-7900
HOA Fee	Annually, 0
Condition	Good

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Composition
# Carport Spaces	20
# Parking Spaces	20
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Orting
Water	Public
Water Company	City Of Orting
Power Company	Puget Sound Energy
Power Production: Type	Electric
Security Features	PartiallyFenced

Location
View	City
County	Pierce
Subdivision	Orting
Area	114 - Orting
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Orting
High School	Buyer To Verify
APN	519326002
Zoning	Multi-Family

Multifamily Details
Net Operating Income	66035
Capitalization Rate	5.7
Expense: Insurance	4454
Expense: Electricity	792
Gross Scheduled Income	127800
Expense: Other	31029
Gross Adjusted Income	70887
Total Expenses	56913
Gross Rent Multiplier	9
Nwm_Totalmonthlyincome	10650
Vacancy Rate	3

Lot/ Land Details
Site Features	Cable TV, Fenced-Fully, Patio

$2.23M

Range: $2M-$2.45M

Last 30 days

Rental est.: $3,495/month

• Gross rent multiplier: 28.4

Lower your payment with the loan terms that fit you.

Jun 2017
Public Records
Jun 30, 2017 Sold
$1,189,719
Jun 2017
MLS # 1073278
Jun 30, 2017 Sold
$1,190,000 (-4.8%)
Feb 1, 2017 Listed
$1,250,000 (+16.3%)
Feb 2015
Public Records
Feb 13, 2015 Sold
$1,074,719
Feb 2015
MLS # 717261
Feb 13, 2015 Sold
$1,075,000 (-17.3%)
Jan 15, 2015 Pending
—
Nov 14, 2014 Listed
$1,300,000
Nov 13, 2014 Listed
$1,300,000

Year Property taxes Tax assessment
2025
$19,627 +0.4%

$2,250,800
2024
$19,539 +19.4%

$2,250,800 +16.66%
2023
$16,366 +1.9%

$1,929,300 +15.09%
2022
$16,066 -12.7%

$1,676,400 +10.0%
2021
$18,405 +7.9%

$1,524,000 -0.09%
2019
$17,052

$1,525,400

121 Kensington Ave SW
$1.19M
114 - Orting
—
98360
$534K -6% y/y
Orting
$534K -6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
205 Kensington Ave Sw, Orting, WA 98360	$341,000	3/1	1,128	0.02
207 Kensington Ave Sw, Orting, WA 98360	$428,000	3/1	1,336	0.03
509 Deeded Ln Sw, Orting, WA 98360	$484,000	3/—	1,662	0.04
507 Deeded Ln Sw, Orting, WA 98360	$387,000	4/1	1,720	0.04
211 Kensington Ave Sw, Orting, WA 98360	$583,000	4/3	2,512	0.04
503 Deeded Ln Sw, Orting, WA 98360	$462,000	3/1	1,768	0.05
511 Deeded Ln Sw, Orting, WA 98360	$477,000	3/—	1,502	0.05
212 Kensington Ave Sw, Orting, WA 98360	$507,000	3/1	1,904	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.