NOT LISTED FOR SALE

Estimated Value: $577,000 - $715,583

2 Beds
2 Baths
1,232 Sq Ft
$528/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2023

Last sale price $705,000 $572 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,970 / mo

2 Days on Market

Highlights

  • Ocean View
  • Storage
  • Level Lot
  • Cooling Available
  • High Speed Internet
  • Heat Pump System

About This Home

As of September 2023

Looking for that unicorn of a property? Well, look no further! This unique property has many possibilities. Use as a duplex, keep one unit and rent the other, or possibly short-term rental. These two beautifully updated and meticulously cared for cottages are just a stone's throw away from the mighty Pacific Ocean. The North unit is a 1 bed/1 bath with a vaulted living room ceiling. The South unit is a 1 bed/1 bath with a vaulted living room ceiling plus a loft living area with peaks of the ocean. Enjoy gatherings with friends and family on the large deck or sitting by the fire roasting marshmallows. Take advantage of your private deeded pathway that leads from the backyard directly onto Ave N which will put you feet away from the famous Seaside Promenade. The best part is, both units come fully furnished with tasteful décor. All you'll need to do is kick off your shoes and start living your best beach life! Both units are currently leased, please do not disturb tenants.

Last Agent to Sell the Property

Kerri Wright

Omega Realty License #200106039 Listed on: 08/11/2023

Last Buyer's Agent

Kerri Wright

Omega Realty License #200106039 Listed on: 08/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,647

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • Level Lot

Parking

  • Open Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Storage
  • Crawl Space

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Gross Income $60,000

Listing and Financial Details

  • Rent includes electricity, gas, heat, sewer, trashcollection, water
  • Assessor Parcel Number 12235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,647

Year Built

Built in 1933 | Remodeled

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1933
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 705000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: Mountain,Ocean

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R2
  • Parcel #: 12235

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4647.18

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.67
  • Annual Gross Income: 60000.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 21, 2023
Sold by
Bought by
Seller's Agent
Kerri Wright
Omega Realty
Buyer's Agent
Kerri Wright
Omega Realty
List Price
$699,900
Sold Price
$705,000
Premium/Discount to List
$5,100
0.73%
Views
11
Current Estimated Value
$650,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,104
Avg. Annual Appreciation
-2.77%
Original Mortgage
$528,750
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
0.032%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2013
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$705,000 Ticor Title
$330,000 Ticor Title Company Of Or
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $528,750
Previous Owner $323,948
Previous Owner $324,022
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $705,000 +0.7% $572 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $699,900 -- $568 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,072 $352,965
2024 $4,923 $342,686
2023 $4,777 $332,705 $0 $0
2022 $4,647 $323,015 $0 $0
2021 $4,548 $313,608 $0 $0
2020 $4,442 $304,475 $0 $0
2019 $4,321 $295,607 $0 $0
2018 $4,150 $286,998 $0 $0
2017 $3,960 $278,640 $0 $0
2016 $3,408 $270,525 $149,721 $120,804
2015 $3,392 $262,647 $145,361 $117,286
2014 $3,382 $254,998 $0 $0
2013 -- $247,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23049643

Regional Multiple Listing Service (RMLS)

APN: 12235

Your Personal Tour Guide

Ask me questions while you tour the home.