NOT LISTED FOR SALE

225 S Lincoln St Seaside, OR 97138

Estimated Value: $351,000 - $418,000

3 Beds
2 Baths
1,406 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $315,000 $224 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,096/month

Highlights

  • Deck
  • Views
  • Laundry Room
  • Wood Flooring
  • Patio
  • 1-minute walk to Seaside Promenade

About This Home

As of August 2021

Opportunity awaits with this amazing income property! Centrally located near shopping, restaurants, pool, parks, library, and bus stop. Lower unit is a 2 bedroom, 1 bathroom and upper unit is a 1 bedroom, 1 bathroom. Both units offer hardwood floors, separate laundry rooms, appliances, and outdoor spaces. Get this one before it's gone! Please do not disturb tenants.

Last Agent to Sell the Property

Kerri Wright

Omega Realty License #200106039 Listed on: 04/19/2021

Last Buyer's Agent

Jonathan Goyne

RE/MAX Coastal Advantage License #201233442

RE/MAX Coastal Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1952

Lot Details

  • Fenced
  • Level Lot
  • Property is zoned R2

Parking

  • On-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Cement Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Wood Flooring
  • Laundry Room
  • Property Views

Outdoor Features

  • Deck
  • Patio

Utilities

  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,747

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 1406
  • Sq Ft Approximate Total: 1406
  • Stories: 2
  • Year Built: 1952
  • Property Condition: Resale
  • Remarks Public: Opportunity awaits with this amazing income property! Centrally located near shopping, restaurants, pool, parks, library, and bus stop. Lower unit is a 2 bedroom, 1 bathroom and upper unit is a 1 bedroom, 1 bathroom. Both units offer hardwood floors, separate laundry rooms, appliances, and outdoor spaces. Get this one before it's gone! Please do not disturb tenants.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: 2nd Kitchen
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Interior Amenities: Laundry, Wood Floors
  • Kitchen Appliances: Free-Standing Range, Free-Standing Refrigerator, Range Hood
  • Legal Description: HILLS 2ND ADD W 40' OF S 40' LT 1 BLK 3
  • Sq Ft Main Level: 880
  • Upper Level Sq Ft: 526
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 2nd Kitchen,On Level: Upper
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Full: 1
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Cedar, Cement Siding
  • Exterior Features: Deck, Fenced, Patio
  • Lot Size: 0-2,999SF
  • Roof Type: Membrane
  • View: Mountain(s)
  • Foundation Details: Block, Pillar/Post/Pier
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Parking Description: On Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Internet Service Type: Cable, Satellite

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Level
  • Acres: 0.04
  • Zoning: R2
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Amount: 1700

Tax Info

  • Tax Amount: 1576.42
  • Assessor Parcel Number: 13138
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 5, 2021
Sold by
Calder Rental Properties Llc
Bought by
Shields Sarah D
Seller's Agent
Kerri Wright
Omega Realty
Buyer's Agent
Jonathan Goyne
RE/MAX Coastal Advantage
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
$371,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,913
Avg. Annual Appreciation
5.09%
Original Mortgage
$267,750
Outstanding Balance
$243,831
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$144,583

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 13, 2016
Sold by
Arnold Tyler and Southwood Phoebe
Bought by
Calder Rental Properties Llc
Seller's Agent
Brad Heiberg
John L. Scott
Buyer's Agent
Jerry Regan
John L. Scott Market Center
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
Original Mortgage
$100,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 12, 2012
Closed on
Oct 26, 2012
Sold by
Arnold Tylre
Bought by
Arnold Tyler and Southwood Phoebe
Seller's Agent
Jennie Morisse
Premiere Property Group LLC
Buyer's Agent
Brad Heiberg
John L. Scott
List Price
$114,900
Sold Price
$94,900
Premium/Discount to List
-$20,000
-17.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Original Mortgage
$93,375
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2012
Closed on
Oct 24, 2012
Sold by
Fannie Mae
Bought by
Arnold Tyler
Seller's Agent
Jennie Morisse
Premiere Property Group LLC
Buyer's Agent
Brad Heiberg
John L. Scott
List Price
$114,900
Sold Price
$94,900
Premium/Discount to List
-$20,000
-17.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,375
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2010
Sold by
Utterback William Scott
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 27, 2007
Sold by
Utterback William Scott
Bought by
Utterback William Scott and Utterback Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Wrege Jaeme and Loveridge Zack
Bought by
Utterback William Scott and Utterback Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back
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
Shields Sarah D $315,000 Ticor Title Company Of Or
Calder Rental Properties Llc $170,000 Ticor Title Company Of Or
Arnold Tyler -- Lawyers Title
Arnold Tyler $94,900 Ticor Title Ins Co
Federal National Mortgage Association $212,530 Pacific Title Company
Aurora Loan Services Llc $212,530 Pacific Title Company
Utterback William Scott -- Ticor Title
Utterback William Scott -- Ticor Title Ins Co
Utterback William Scott $125,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Sarah D $267,750
Previous Owner Calder Rental Properties Llc $100,000
Previous Owner Arnold Tyler $93,375
Previous Owner Utterback William Scott $187,500
Previous Owner Utterback William Scott $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $315,000 -4.3% $224 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $329,000 -5.7% $234 / Sq Ft
04/19/2021 04/19/21 For Sale $349,000 +105.3% $248 / Sq Ft
12/22/2016 12/22/16 Sold $170,000 -10.1% $123 / Sq Ft View Prior Sale
11/16/2016 11/16/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $189,000 +99.2% $137 / Sq Ft
10/31/2012 10/31/12 Sold $94,900 -17.4% $69 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $114,900 -- $83 / 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 $1,747 $121,608 -- --
2023 $1,695 $118,067 $0 $0
2022 $1,649 $114,629 $0 $0
2021 $1,614 $111,291 $0 $0
2020 $1,576 $108,050 $0 $0
2019 $1,533 $104,904 $0 $0
2018 $1,473 $101,850 $0 $0
2017 $1,405 $98,884 $0 $0
2016 $1,236 $96,005 $34,248 $61,757
2015 $1,191 $93,210 $33,251 $59,959
2014 $1,200 $90,496 $0 $0
2013 -- $87,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21513339

Regional Multiple Listing Service (RMLS)

APN: 13138