$500,000
SOLD NOV 27, 2024

120 2nd Ave Seaside, OR 97138

2 Beds
2 Baths
1,277 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

8% Below List Price

27 Days on Market

Highlights

  • Ocean View
  • Living Room
  • Bungalow
  • No HOA
  • Laundry Room
  • 5-minute walk to The Prominade

About This Home

As of November 2024

INVESTOR WANTED to purchase this prime piece of property in NW Seaside. The value is in the land, location and the RR zone, It is cited only 2 blocks from Broadway and 1 block to N Prom and the sandy shore.. The zone allows for many uses. These include family residences, multiple dwellings. condos, time shares, restaurants, gift shops and the list goes on and on. The house was built in 1905 and needs work. Sold in AS-I.S Condition. There are 2 bedrooms and 1 bathroom upstairs, and downstairs is the living room with a gas fireplace heater and spare room connected to it. Kitchen has a gas stove and electric refrigerator. Downstairs bathroom/ utility room has a gas water heater. Cadet wall heaters on both floors. Peak of the ocean from the stairwell window

Last Agent to Sell the Property

Seth Corbin

John L. Scott Market Center License #200707012 Listed on: 10/07/2024

John L. Scott Market Center

Last Buyer's Agent

Darlene Van Auken

RE/MAX Coastal Advantage License #201235663

RE/MAX Coastal Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1905

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75'x100'

Home Design

  • Bungalow
  • Property Attached
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,277 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1905
  • Property Condition: Fixer
  • Property Sub Type: Attached
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Laundry
  • Appliances: FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: PillarPostPier
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: Other, WallHeater
  • Heating Yn: No
  • 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

  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size: 75'x100'
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 11670

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2540.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 22, 2024
Sold by
Klar Richard J and Klar Kathleen A
Bought by
Sunderlin Thomas L and Sunderlin Mona L
Seller's Agent
Seth Corbin
John L. Scott Market Center
Buyer's Agent
Darlene Van Auken
RE/MAX Coastal Advantage
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Views
38
Current Estimated Value
$491,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,430
Avg. Annual Appreciation
-1.74%
Source: Public Records

Range of Values:

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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 $500,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $500,000 0.0% $392 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $500,000 -8.3% $392 / Sq Ft
10/07/2024 10/07/24 For Sale $545,000 -- $427 / 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
2025 $2,697 $187,666 -- --
2024 $2,617 $182,201 -- --
2023 $2,540 $176,895 $0 $0
2022 $2,471 $171,743 $0 $0
2021 $2,418 $166,742 $0 $0
2020 $2,362 $161,886 $0 $0
2019 $2,297 $157,172 $0 $0
2018 $2,206 $152,595 $0 $0
2017 $2,106 $148,151 $0 $0
2016 $1,852 $143,837 $108,879 $34,958
2015 $1,804 $139,648 $105,708 $33,940
2014 $1,798 $135,582 $0 $0
2013 -- $131,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24698518

Regional Multiple Listing Service (RMLS)

APN: 61021AB07201