NOT LISTED FOR SALE

350 5th Ave Seaside, OR 97138

Estimated Value: $596,310 - $700,000

5 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: January 22, 2021

Last sale price $485,000

Est. 35% increase in value since last sale

Current estimated payment $3,961 / mo

92 Days on Market

Highlights

  • Seasonal View
  • Forced Air Heating System
  • 5-minute walk to Jewell Meadows Wildlife Area
  • Attached Garage
  • Level Lot

About This Home

As of January 2021

No Showings or Sign on the Property. Please do not Disturb Tenants. Amazing Duplex located 2 blocks from the beach Updated and Remodeled in 2011. Great Investment Property or Primary Property. Unit 1 is 850 Sq Ft, with 2 bedrooms and 1 bathroom, currently rented for $1350. Unit 2 is 1349 Sq Ft. 3 bedrooms, 2 Bathrooms including a bedroom on the main floor with a full bath, currently rented for $1450 a bedroom on the main. Private locked storage room.

Last Agent to Sell the Property

Julie Robinson

MORE Realty License #200406168 Listed on: 08/21/2020

MORE Realty

Last Buyer's Agent

Max Carnese

Realty First License #201208028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 4,792

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Seasonal Views
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number 11335

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,220
  • Gross Income $33,600
  • Net Operating Income $25,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 1971 | Remodeled

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1971
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 485000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-3
  • Parcel #: 11335

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3865.72

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.77
  • Annual Gross Income: 33600.0
  • Property Net Operating Income: 25380.0
  • Annual Operating Expense: 8220.0

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 21, 2020
Closed on
Dec 30, 2020
Sold by
Bought by
Seller's Agent
Julie Robinson
MORE Realty
Buyer's Agent
Max Carnese
Realty First
List Price
$530,000
Sold Price
$485,000
Premium/Discount to List
-$45,000
-8.49%
Current Estimated Value
$652,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,578
Avg. Annual Appreciation
5.51%
Original Mortgage
$363,750
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Bought by
Source: Public Records
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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
$485,000 Fidelity National Ttl Of Or
$107,000 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 $363,750
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
01/22/2021 01/22/21 Sold $485,000 -8.5% --
11/20/2020 11/20/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $530,000 -- --
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 $4,538 $315,772
2024 $4,404 $306,576
2023 $4,274 $297,647 $0 $0
2022 $4,157 $288,979 $0 $0
2021 $4,069 $280,563 $0 $0
2020 $3,974 $272,393 $0 $0
2019 $3,866 $264,460 $0 $0
2018 $3,712 $256,758 $0 $0
2017 $3,543 $249,281 $0 $0
2016 $3,092 $242,021 $63,941 $178,080
2015 $3,031 $234,973 $62,079 $172,894
2014 $3,026 $228,130 $0 $0
2013 -- $221,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20118881

Regional Multiple Listing Service (RMLS)

APN: 11335

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