NOT LISTED FOR SALE

1541 Lea Way Seaside, OR 97138

Estimated Value: $631,000 - $887,000

12 Beds
8 Baths
4,320 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $342,000 $79 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,604/month

178 Days on Market

About This Home

As of August 2014

This is it investors! Each unit features 3 bedrooms, 2 baths and a gas fireplace. Excellent location close to hospital and clinic, city pool, park & not to mention schools. You don't want to miss out on this opportunity.

Last Agent to Sell the Property

Dann Pickell

RE/MAX River and Sea License #841000089 Listed on: 12/23/2013

Last Buyer's Agent

Dann Pickell

RE/MAX River and Sea License #841000089 Listed on: 12/23/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 8,712

Parking

  • Open Parking

Home Design

  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • Sloped Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 4320
  • Stories: 2
  • Year Built: 1995
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: PARCEL 2 PARTITION PLAT 1992-011

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Mountain(s)
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security Or Entry: Handicap Access
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Unfurnished

Lot Info

  • Lot Description: Sloped
  • Zoning: R-3

Tax Info

  • Tax Amount: 5379.68
  • Assessor Parcel Number: 13372

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 8.50

MLS Schools

  • Elementary School: Seaside Hts
  • High School: Seaside
  • Middle School: Broadway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2013
Closed on
Aug 1, 2014
Sold by
Seaside Golf Club
Bought by
Corbin Gary Steven and Corbin Terrie Lorena
Seller's Agent
Dann Pickell
RE/MAX River and Sea
Buyer's Agent
Dann Pickell
RE/MAX River and Sea
List Price
$365,000
Sold Price
$342,000
Premium/Discount to List
-$23,000
-6.3%
Current Estimated Value
$763,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,066
Avg. Annual Appreciation
7.44%
Original Mortgage
$256,500
Outstanding Balance
$195,156
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$578,943

Purchase Details

Closed on
Dec 19, 2007
Sold by
Dotson William E and Dotson Anita M
Bought by
Seaside Golf Club

Purchase Details

Closed on
Oct 20, 2005
Sold by
Lieberman Jay A and Lieberman Akiko Y
Bought by
Dotson William E and Dotson Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Corbin Gary Steven $342,000 Ticor Title Ins Co
Seaside Golf Club $550,000 Ticor Title Insurance Co
Dotson William E $450,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbin Gary Steven $256,500
Previous Owner Dotson William E $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2014 08/04/14 Sold $342,000 -6.3% $79 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $365,000 -- $84 / 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 $7,132 $496,320 -- --
2024 $6,922 $481,865 -- --
2023 $6,718 $467,831 $0 $0
2022 $6,535 $454,206 $0 $0
2021 $6,396 $440,977 $0 $0
2020 $6,246 $428,134 $0 $0
2019 $5,932 $415,665 $0 $0
2018 $5,350 $393,259 $0 $0
2017 $5,275 $395,126 $0 $0
2016 $4,402 $366,434 $62,226 $304,208
2015 $4,171 $346,000 $66,910 $279,090
2014 $5,028 $393,780 $0 $0
2013 -- $403,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dann Pickell

    RE/MAX

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13675631

Regional Multiple Listing Service (RMLS)

APN: 13372

Oregon Clatsop County Seaside 97138

1541 Lea Way, Seaside, OR

Not Listed for Sale

MultiFamily

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