Seller's Agent in 2025
Christy Coulombe
SALTAIRE Coastal Homes
(503) 738-1390
162 Total Sales
221 N Downing St Seaside, OR 97138
--
Bed
--
Bath
--
Sq Ft
4,791
Sq Ft Lot
Highlights
- Landscaped
- Laundry Facilities
- Level Lot
- Forced Air Heating System
About This Home
As of May 2025Invest in a premium rental property just one block from beach access in Seaside. This well-maintained 4-plex is uniquely configured as a triplex plus a charming standalone cottage, offering versatility and strong rental income. Each unit has been thoughtfully updated with coastal-inspired colors and stylish, modern light fixtures. Off-street parking enhances convenience, while a shared sun deck and laundry room foster a welcoming community atmosphere. Ideally located just three blocks from the city center and downtown Seaside, this property provides much-needed quality housing in a prime location. Recent upgrades include new flooring in the second-floor, two-bedroom apartment, newly installed siding on the east side, and a roof replacement on the triplex in 2022. Total Monthly Rental Income: $6,800. Don’t miss this exceptional opportunity to own a high-performing rental property in one of the Oregon Coast’s most desirable destinations. Accurate room count is a total of 6 bedrooms, 5 bathrooms.
Last Agent to Sell the Property
SALTAIRE Coastal Homes License #201214471 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,935
Year Built
- Built in 1909 | Remodeled
Lot Details
- 4,791 Sq Ft Lot
- Landscaped
- Level Lot
Home Design
- Block Foundation
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Crawl Space
Parking
- Driveway
- Paved Parking
Schools
- Pacific Ridge Elementary School
- Seaside Middle School
- Seaside High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes ground maintenance, sewer, trashcollection, water
- Assessor Parcel Number 11646
Community Details
Building Details
- Operating Expense $10,569
- Gross Income $81,600
- Net Operating Income $71,030
Additional Features
- 10 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
Apr 19, 2025
Sold by
Kanyan Trust and Bochin Yan
Bought by
Leylu Llc and Roeck
Seller's Agent
Christy Coulombe
SALTAIRE Coastal Homes
Buyer's Agent
Faith Bailey
Coldwell Banker Bain
List Price
$878,000
Sold Price
$868,000
Premium/Discount to List
-$10,000
-1.14%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,025
Avg. Annual Appreciation
2.09%
Purchase Details
Listed on
May 24, 2021
Closed on
Oct 8, 2021
Sold by
Booth Brothers Llc
Bought by
Kan Elena
Seller's Agent
Alethea Eckhardt
RE/MAX River and Sea
Buyer's Agent
Christy Coulombe
SALTAIRE Coastal Homes
List Price
$1,200,000
Sold Price
$694,000
Premium/Discount to List
-$506,000
-42.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$520,500
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2020
Sold by
Cortese Angelo and Cortese Rosina
Bought by
Booth Patrick K and Ibatuan Arden Booth
Purchase Details
Closed on
Apr 28, 2008
Sold by
Booth Properties
Bought by
Booth Brothers Llc
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $868,000 | Ticor Title | |
| Warranty Deed | $868,000 | Ticor Title | |
| Warranty Deed | $694,000 | Western Title & Escrow | |
| Bargain Sale Deed | $50,000 | None Available | |
| Bargain Sale Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $520,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $868,000 | -1.1% | -- | |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- | |
| 04/01/2025 04/01/25 | For Sale | $878,000 | +26.5% | -- | |
| 11/04/2021 11/04/21 | Sold | $694,000 | -42.2% | $286 / Sq Ft | View Prior Sale |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- | |
| 05/24/2021 05/24/21 | For Sale | $1,200,000 | -- | $495 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $6,935 | $482,729 | -- | -- |
| 2023 | $6,730 | $468,670 | $0 | $0 |
| 2022 | $6,546 | $455,020 | $0 | $0 |
| 2021 | $6,407 | $441,768 | $0 | $0 |
| 2020 | $6,258 | $428,902 | $0 | $0 |
| 2019 | $6,087 | $416,411 | $0 | $0 |
| 2018 | $5,845 | $404,283 | $0 | $0 |
| 2017 | $5,579 | $392,509 | $0 | $0 |
| 2016 | $4,907 | $381,078 | $74,881 | $306,197 |
| 2015 | $4,779 | $369,979 | $72,700 | $297,279 |
| 2014 | $4,504 | $352,730 | $0 | $0 |
| 2013 | -- | $359,204 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christy Coulombe
-
Faith Bailey
F
Buyer's Agent in 2025
Faith Bailey
Coldwell Banker Bain
(503) 298-7862
2 Total Sales
-
A
Seller's Agent in 2021
Alethea Eckhardt
RE/MAX
-
David Hoggard
Seller Co-Listing Agent in 2021
David Hoggard
Keller Williams Sunset Corridor
(503) 440-4670
42 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 648855071
APN: 11646
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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