NOT LISTED FOR SALE

1061 S Downing St Seaside, OR 97138

Estimated Value: $396,000 - $445,000

2 Beds
1 Bath
788 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $400,000 $508 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,546/month

99 Days on Market

Highlights

  • Deck
  • Cottage
  • Level Entry For Accessibility
  • No HOA
  • Living Room
  • Accessibility Features

About This Home

As of July 2024

Discover coastal living at its finest with this charming two-bedroom, one-bath home just three blocks from the beach in Seaside, Oregon. Perfect for pet owners, the fenced yard provides a safe space for furry friends to roam. Currently operating as a successful short-term rental, this turnkey property offers an excellent investment opportunity. Off-street parking ensures convenience for you and your guests. With R3 zoning, there's potential for future expansion or development. Enjoy easy access to shopping and restaurants, immersing yourself in Seaside's vibrant coastal culture. Best of all, this home comes fully furnished, making it ready for you to move in or continue renting immediately. Don't miss out on the chance to own your own piece of paradise ? schedule a showing today and start living the beach life you've always dreamed of! (Buyer to do their own due diligence about short term rental permit)

Last Agent to Sell the Property

Erkan Koyuncu

Keller Williams Sunset Corridor License #201228645 Listed on: 03/01/2024

Keller Williams Sunset Corridor

Last Buyer's Agent

Ann Samuelson

Rise Above Realty License #201108007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1947

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot
  • Property is zoned R3

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 788 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Free-Standing Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Deck

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12510

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,311

Year Built

Built in 1947

Lot Details

4,791 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1947
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 400000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath, OneLevel
  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: WasherDryer
  • Basement: None
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Exterior Features: Deck
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: HotWater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R3
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 12510

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2310.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 5, 2024
Sold by
Fargher Michael Caleb Moore and Northover Gina M
Bought by
Qi Junjie
Seller's Agent
Erkan Koyuncu
Keller Williams Sunset Corridor
Buyer's Agent
Ann Samuelson
Rise Above Realty
List Price
$449,900
Sold Price
$400,000
Premium/Discount to List
-$49,900
-11.09%
Views
5
Current Estimated Value
$413,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,899
Avg. Annual Appreciation
2.16%
Original Mortgage
$380,000
Outstanding Balance
$375,160
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$38,739

Purchase Details

Closed on
Jun 12, 2019
Sold by
Knight Jack and Knight Gehla
Bought by
Crafts Knight Jack

Purchase Details

Closed on
Mar 1, 2005
Sold by
Knight Jack
Bought by
Knight Jack and Knight Gehla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Qi Junjie $400,000 Ticor Title
Crafts Knight Jack -- None Available
Knight Jack -- Pacific Title Company
Knight Jack $169,000 Pacific Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qi Junjie $380,000
Previous Owner Knight Jack $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $400,000 0.0% $508 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $399,998 -9.1% $508 / Sq Ft
04/17/2024 04/17/24 Price Changed $439,900 -2.2% $558 / Sq Ft
03/01/2024 03/01/24 For Sale $449,900 -- $571 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2022 $2,248 $156,252 $0 $0
2018 $2,007 $138,831 $0 $0
2017 $1,916 $134,788 $0 $0
2016 $1,685 $130,863 $77,127 $53,736
2015 $1,641 $127,052 $74,881 $52,171
2014 $1,636 $123,352 $0 $0
2013 -- $119,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24093603

Regional Multiple Listing Service (RMLS)

APN: 12510

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