NOT LISTED FOR SALE

124 N Larch St Cannon Beach, OR 97110

Estimated Value: $1,574,000 - $1,612,478

-- Bed
-- Bath
4,161 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,280,000 $308 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,190/month

101 Days on Market

Highlights

  • New Construction
  • Handicap Accessible
  • 3-minute walk to Ecola State Park
  • Attached Garage

About This Home

As of June 2021

This home is located at 124 N Larch St, Cannon Beach, OR 97110 since 22 December 2020 and is currently estimated at $1,593,239, approximately $382 per square foot. This property was built in 2019. 124 N Larch St is a home located in Clatsop County with nearby schools including Seaside High School and The Cannon Beach Academy.

Last Agent to Sell the Property

Kip Running

The Running Group License #971100008 Listed on: 12/22/2020

Last Buyer's Agent

Kip Running

The Running Group License #971100008 Listed on: 12/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,405

Parking

  • Attached Garage

Home Design

  • Concrete Perimeter Foundation
  • Wood Composite

Home Security

  • Security Lights
  • Fire Sprinkler System

Additional Features

  • 2-Story Property
  • Handicap Accessible
  • Flood Zone Lot
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, trash collection, heat, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,106

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4161
  • Stories: 2
  • Year Built: 2019
  • Property Condition: New Construction
  • Unreinforced Masonry Building: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Metes & Bounds

Exterior Features

  • Exterior Description: Wood Composite
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security: Fire Sprinkler System, Handicap Access, Security Lights, Sidewalk

Condo/Co-op/Association

  • Common Amenities: Laundry

Schools

  • Middle School: Seaside
  • High School: Seaside
  • School High2: Seaside

Lot Info

  • Lot Description: Flood Zone, Ocean Beach 1/4 Mile or Less
  • Zoning: co

Rental Info

  • Rent Includes: Electricity, Trash Collection, Heat, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 5171.94
  • Assessor Parcel Number: 5281
  • Tax Year: 2020

MLS Schools

  • High School: Seaside
  • Middle School: Seaside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jun 17, 2021
Sold by
Coaster Properties Llc
Bought by
Sea Ark Apartments Llc
Seller's Agent
Kip Running
The Running Group
Buyer's Agent
Kip Running
The Running Group
List Price
$1,400,000
Sold Price
$1,280,000
Premium/Discount to List
-$120,000
-8.57%
Current Estimated Value
$1,593,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,239
Avg. Annual Appreciation
4.18%
Original Mortgage
$640,000
Outstanding Balance
$416,295
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,103,446

Purchase Details

Closed on
Sep 12, 2018
Sold by
Coaster Properties Llc
Bought by
Coaster Properties Llc
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 Buyer Sale Price Title Company
Sea Ark Apartments Llc $1,280,000 Ticor Title Ins Co
Coaster Properties Llc -- None Available
Coaster Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Ark Apartments Llc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $1,280,000 -8.6% $308 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $1,400,000 -- $336 / 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 $6,106 $483,760 -- --
2023 $5,517 $469,671 $0 $0
2022 $5,374 $455,992 $0 $0
2021 $5,263 $442,711 $0 $0
2020 $5,172 $429,817 $0 $0
2019 $2,568 $220,461 $0 $0
2018 $13,072 $1,208,810 $0 $0
2017 $12,099 $1,164,233 $0 $0
2016 $13,126 $1,460,921 $648,579 $812,342
2015 $13,984 $1,418,371 $629,689 $788,682
2014 $13,532 $1,377,060 $0 $0
2013 -- $1,336,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kip Running

    Seller's Agent in 2021

    Kip Running

    The Running Group

    (503) 799-2488

    4 in this area

    14 Total Sales

    Kip Running
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20198463

Regional Multiple Listing Service (RMLS)

APN: 5281

Oregon Clatsop County Cannon Beach 97110

124 N Larch St, Cannon Beach, OR

This home is located at 124 N Larch St, Cannon Beach, OR 97110 since 22 December 2020 and is currently estimated at $1,593,239, approximately $382 per square foot. This property was built in 2019. 124 N Larch St is a home located in Clatsop County with nearby schools including Seaside High School and The Cannon Beach Academy.

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