NOT LISTED FOR SALE

261 8th Ave Seaside, OR 97138

Estimated Value: $413,000 - $494,717

3 Beds
1 Bath
1,360 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $412,000 $303 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,658/month

20 Days on Market

Highlights

  • Private Yard
  • Cottage
  • 1 Car Detached Garage
  • No HOA
  • Wood Frame Window
  • 4-minute walk to Jewell Meadows Wildlife Area

About This Home

As of November 2023

First time on the market in 50 years and less than 500 feet from the Beach! Lovely bungalow style home West of Downing Street in the highly sought after RM Zone (Resort Res Zone). Long 3 car driveway in this popular area makes parking a breeze even on the busiest of weekends. Great back yard makes for fun entertaining or room for expansion. All original woodwork and untouched like travelling back in time. Easy addition for a second bath in utility room area. This rare fixer is a sweat equity opportunity that rarely comes up so close to the beach!

Last Agent to Sell the Property

Todd Braden

Soldera Properties, Inc Brokerage Email: julia@totemproperties.com License #201234481 Listed on: 09/19/2023

Last Buyer's Agent

Lisa Keeran

John L. Scott Market Center License #200601152

John L. Scott Market Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1928

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned RM

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Cedar

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Frame Window
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Porch

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

Community Details

  • No Home Owners Association
  • Railroad Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11139

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,781

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1928
  • Property Condition: Fixer
  • Unreinforced Masonry Building: No
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: Fireplace
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: Laundry, VinylFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: AluminumFrames, WoodFrames
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 63
  • Bedroom 7 Area: 120
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 100
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,LapSiding,T111Siding
  • Exterior Features: Fenced, Porch, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Block, PillarPostPier
  • View: No
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: RM
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 11139

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2780.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 8, 2023
Sold by
Loew Marlyn T
Bought by
Finnigan Heather Lynn and Finnigan Michael
Seller's Agent
Todd Braden
Soldera Properties, Inc
Buyer's Agent
Lisa Keeran
John L. Scott Market Center
List Price
$438,000
Sold Price
$412,000
Premium/Discount to List
-$26,000
-5.94%
Views
102
Current Estimated Value
$454,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,929
Avg. Annual Appreciation
4.15%
Original Mortgage
$237,000
Outstanding Balance
$232,921
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$212,013

Purchase Details

Closed on
Oct 3, 2022
Sold by
John Loew
Bought by
Loew Marlyn T

Purchase Details

Closed on
Nov 17, 2021
Sold by
Leow Marilyn T
Bought by
Leow Marilyn T and Leow John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.98%
Source: Public Records

Range of Values:

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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
Finnigan Heather Lynn $412,000 Ticor Title
Loew Marlyn T -- --
Leow Marilyn T -- Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finnigan Heather Lynn $237,000
Previous Owner Leow Marilyn T $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $412,000 -5.9% $303 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $438,000 -- $322 / 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 $2,946 $205,058 -- --
2023 $2,859 $199,086 $0 $0
2022 $2,781 $193,288 $0 $0
2021 $2,722 $187,659 $0 $0
2020 $2,658 $182,194 $0 $0
2019 $2,586 $176,888 $0 $0
2018 $2,483 $171,737 $0 $0
2017 $2,370 $166,736 $0 $0
2016 $2,084 $161,880 $102,538 $59,342
2015 $2,030 $157,166 $99,552 $57,614
2014 $2,024 $152,589 $0 $0
2013 -- $148,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23013854

Regional Multiple Listing Service (RMLS)

APN: 11139