NOT LISTED FOR SALE

1060 S Downing St Seaside, OR 97138

Estimated Value: $451,000 - $502,000

2 Beds
2 Baths
1,285 Sq Ft
$370/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $350,000 $272 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,856/month

12 Days on Market

Highlights

  • Deck
  • Private Yard
  • Wood Siding
  • 1 Fireplace
  • Detached Garage

About This Home

As of November 2021

Everyone wants a beach cottage. Don't let this one get away. The house is just what you need. Once you enter this cottage your dreams can begin. Located close to all that Seaside has to offer. Walk to the beach and stop for ice cream too. This house lives much bigger than it looks. There is room enough for everyone. The loft is a fun / flex space for kids. The backyard is perfect for the gardener in you or the pups. Call today for your appointment.

Last Listed By

Alaina Giguiere

RE/MAX Coastal Advantage License #990900004 Listed on: 09/17/2021

RE/MAX Coastal Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 1940

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Private Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,616

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage
  • Sq Ft Calculated: 1285
  • Sq Ft Approximate Total: 1285
  • Stories: 2
  • Year Built: 1940
  • Property Condition: Resale
  • Remarks Public: Everyone wants a beach cottage. Don't let this one get away. The house is just what you need. Once you enter this cottage your dreams can begin. Located close to all that Seaside has to offer. Walk to the beach and stop for ice cream too. This house lives much bigger than it looks. There is room enough for everyone. The loft is a fun / flex space for kids. The backyard is perfect for the gardener in you or the pups. Call today for your appointment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Gas, Stove
  • Fireplaces: 1
  • Kitchen Appliances: Microwave, Dishwasher, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: HERMOSA PARK NLY 36.6' LT 7 BLK 24
  • Sq Ft Main Level: 935
  • Upper Level Sq Ft: 350
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 2
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Deck, Yard
  • Lot Size: 3K-4,999SF
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

  • Elementary School: Pacific Ridge
  • Middle School: Seaside
  • High School: Seaside

Lot Info

  • Acres: 0.08

Tax Info

  • Tax Amount: 2125.21
  • Assessor Parcel Number: 12487
  • Tax Year: 2020

MLS Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside
  • Middle School: Seaside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 8, 2021
Sold by
Benson Melba V
Bought by
Cook Michael T and Cook Eve T
Seller's Agent
Alaina Giguiere
RE/MAX Coastal Advantage
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Total Days on Market
12
Current Estimated Value
$475,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,748
Avg. Annual Appreciation
9.17%
Original Mortgage
$262,500
Outstanding Balance
$243,107
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$232,641

Purchase Details

Closed on
May 12, 2006
Sold by
Benson James P and Benson James P
Bought by
Benson Melba

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 Buyer Sale Price Title Company
Cook Michael T $350,000 Ticor Title Ins Co
Benson Melba -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Michael T $262,500
Previous Owner Benson Melba $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $350,000 -10.0% $272 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $389,000 -- $303 / 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 $2,616 $182,067 -- --
2023 $2,538 $176,765 $0 $0
2022 $2,469 $171,618 $0 $0
2021 $2,176 $150,031 $0 $0
2020 $2,125 $145,662 $0 $0
2019 $2,067 $141,420 $0 $0
2018 $1,985 $137,302 $0 $0
2017 $1,895 $133,304 $0 $0
2016 $1,666 $129,423 $57,697 $71,726
2015 $1,623 $125,654 $56,017 $69,637
2014 $1,618 $121,995 $0 $0
2013 -- $118,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21512403

Regional Multiple Listing Service (RMLS)

APN: 12487