$440,000
SOLD DEC 17, 2013

1041 Beach Dr Seaside, OR 97138

2 Beds
1 Bath
6,240 Sq Ft
1969 Built

Recently Sold

$71 Per Sq Ft

23% Below List Price

606 Days on Market

Highlights

  • Views
  • Storage
  • Level Lot

About This Home

As of December 2013

NOW OFFERED BELOW APPRAISED VALUE! Well maintained 8 plex, 1 block from the sand. Beach access at the corner. View of the ocean & Tillamook head from some upper units. Laundry facility on site. 2 bedrooms & 1 bath per unit. Units 2,3,4 & 5 have been updated. Plenty of parking and a storage for each unit. Bring your clients for a solid investment

Last Agent to Sell the Property

Tina Chapman

Windermere Realty Trust License #200603027 Listed on: 03/09/2012

Windermere Realty Trust

Last Buyer's Agent

Lynn Brigham

Windermere Realty Trust License #850700068

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,029

Year Built

  • Built in 1969

Parking

  • Carport
  • Assigned Parking

Home Design

  • Plywood Siding Panel T1-11
  • Cedar

Interior Spaces

  • 2-Story Property
  • Storage
  • Range
  • Property Views

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,029

Year Built

Built in 1969

Lot Details

0

Parking

10

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 6240
  • Stories: 2
  • Year Built: 1969
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: HERMOSA PARK LTS 10 & 11 BLK 23
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Cedar, T-111 Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 10
  • Parking Description: Assigned, Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security Or Entry: Security Lights
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Window Coverings

Schools

  • Elementary School: Seaside Hts
  • Middle School: Broadway
  • High School: Seaside

Lot Info

  • Lot Description: Level
  • Zoning: R1

Tax Info

  • Tax Amount: 5953.00
  • Assessor Parcel Number: 12476

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 8.08

MLS Schools

  • Elementary School: Seaside Hts
  • High School: Seaside
  • Middle School: Broadway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Dec 13, 2013
Sold by
Paddack A Luella
Bought by
Freedman Gregg and Freedman Laura J
Seller's Agent
Tina Chapman
Windermere Realty Trust
Buyer's Agent
Lynn Brigham
Windermere Realty Trust
List Price
$575,000
Sold Price
$440,000
Premium/Discount to List
-$135,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $440,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $1,350,000 -3.6% $220 / Sq Ft
07/18/2025 07/18/25 For Sale $1,400,000 0.0% $228 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $1,400,000 -6.7% $228 / Sq Ft
10/10/2024 10/10/24 Price Changed $1,500,000 -6.3% $244 / Sq Ft
10/09/2024 10/09/24 For Sale $1,600,000 0.0% $261 / Sq Ft
10/05/2024 10/05/24 For Sale $1,600,000 0.0% $261 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/07/2024 07/07/24 For Sale $1,600,000 0.0% $261 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/25/2024 05/25/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $1,600,000 -9.9% $261 / Sq Ft
09/08/2023 09/08/23 Price Changed $1,775,000 -1.4% $289 / Sq Ft
03/29/2023 03/29/23 For Sale $1,800,000 +309.1% $293 / Sq Ft
12/17/2013 12/17/13 Sold $440,000 -23.5% $71 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
03/09/2012 03/09/12 For Sale $575,000 -- $92 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $9,029 $628,488 -- --
2023 $8,762 $610,183 $0 $0
2022 $8,523 $592,412 $0 $0
2021 $8,342 $575,158 $0 $0
2020 $8,147 $558,407 $0 $0
2019 $7,637 $542,144 $0 $0
2018 $7,418 $526,354 $0 $0
2017 $6,967 $511,024 $0 $0
2016 $6,099 $496,141 $206,259 $289,882
2015 $5,806 $481,691 $200,252 $281,439
2014 $6,097 $474,812 $0 $0
2013 -- $460,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12555555

Regional Multiple Listing Service (RMLS)

APN: 12476