NOT LISTED FOR SALE

408 N Downing St Seaside, OR 97138

Estimated Value: $470,000 - $906,932

3 Beds
3 Baths
2,858 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $901,000 $315 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,462/month

2 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Private Yard
  • Covered Deck
  • 1 Fireplace
  • Wood Frame Window

About This Home

As of March 2022

A rare opportunity to purchase a charming historic beach cottage on the north Oregon coast! ''Summer Cottage'' is located one block from the ocean beaches, promenade & three blocks the city center of Seaside. 3 bedrooms, 2.5 baths plus bonus rm. Master bed & bath on the main floor. Gas, river rock fireplace, original Douglas fir hardwood flooring, updated kitchen with butcher counter tops, outdoor; hot tub, Trex decking with gas & wood fire pits, hot tub, covered porch, beautiful landscaping.

Last Agent to Sell the Property

Kristen Benton

Windermere Realty Trust License #200210055 Listed on: 02/26/2022

Windermere Realty Trust

Last Buyer's Agent

Pam Birmingham

Windermere Realty Trust License #890700025

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1896

Lot Details

  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned RR

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Frame Window
  • Wood Flooring
  • Property Views

Laundry

  • Laundry Room
  • Washer and Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Spa
  • Covered Deck
  • Patio
  • Fire Pit
  • Shed
  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,336

Year Built

Built in 1896

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage
  • Sq Ft Calculated: 1532
  • Sq Ft Approximate Total: 2858
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1896
  • Property Condition: Resale
  • Remarks Public: A rare opportunity to purchase a charming historic beach cottage on the north Oregon coast! ''Summer Cottage'' is located one block from the ocean beaches, promenade & three blocks the city center of Seaside. 3 bedrooms, 2.5 baths plus bonus rm. Master bed & bath on the main floor. Gas, river rock fireplace, original Douglas fir hardwood flooring, updated kitchen with butcher counter tops, outdoor; hot tub, Trex decking with gas & wood fire pits, hot tub, covered porch, beautiful landscaping.
  • Unreinforced Masonry Building: Unknown
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Washer/Dryer, High Speed Internet
  • Kitchen Appliances: Dishwasher, Gas Appliances, Free-Standing Range, Free-Standing Refrigerator, Wine Cooler, Stainless Steel Appliance(s)
  • Legal Description: GRIMES ANNEX PT LT 1 BLK 2
  • Sq Ft Lower Level: 1326
  • Sq Ft Main Level: 1126
  • Upper Level Sq Ft: 406
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Full Basement, Unfinished, Storage Space
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 3
  • Bathrooms Upper Level Partial: 1
  • Window Features: Wood Frames

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck, Fenced, Gas Hookup, Patio, Porch, Tool Shed, Free-Standing Hot Tub, Yard, Covered Deck, Fire Pit
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • View: Ocean, Mountain(s)
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air, Zoned
  • Internet Service Type: Cable
  • Security: None

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Level
  • Acres: 0.16
  • Zoning: RR
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 3953.00
  • Assessor Parcel Number: 11224
  • Tax Year: 2021

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
Feb 26, 2022
Closed on
Mar 9, 2022
Sold by
William Wertz
Bought by
Carroll Steven W and Carroll Teri Lynne
Seller's Agent
Kristen Benton
Windermere Realty Trust
Buyer's Agent
Pam Birmingham
Windermere Realty Trust
List Price
$849,000
Sold Price
$901,000
Premium/Discount to List
$52,000
6.12%
Total Days on Market
2
Current Estimated Value
$733,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,767
Avg. Annual Appreciation
-5.94%

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 14, 2020
Sold by
Freeman William S and Freeman Loreen M
Bought by
Wertz William and Cummings Wertz Marva
Seller's Agent
Jackie Weber
Windermere Realty Trust
Buyer's Agent
Agent Outside Mls
Sold Price
$546,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.99%
Original Mortgage
$436,884
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Freeman William S and Freeman Loreen M
Bought by
Freeman Loreen M and Freeman William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2009
Sold by
Freeman William S and Freeman Loreen M
Bought by
Freeman William S and Freeman Loreen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 18, 2007
Sold by
Fink Mary Evalyn and Fink Maryevalyn
Bought by
Freeman William S and Freeman Loreen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Carroll Steven W $901,000 Ticor Title
Wertz William $546,106 Ticor Title Company
Freeman Loreen M -- Multiple
Freeman William S -- Multiple
Freeman William S $437,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wertz William $37,442
Previous Owner Wertz William $436,884
Previous Owner Freeman Loreen M $191,000
Previous Owner Freeman William S $198,000
Previous Owner Freeman William S $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $901,000 +6.1% $315 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $849,000 +55.5% $297 / Sq Ft
10/16/2020 10/16/20 Sold $546,106 0.0% $356 / Sq Ft
10/16/2020 10/16/20 Sold $546,106 -5.8% $356 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $579,900 -3.3% $378 / Sq Ft
06/25/2020 06/25/20 For Sale $599,900 -- $391 / 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 $4,336 $301,829 -- --
2023 $4,208 $293,039 $0 $0
2022 $4,093 $284,505 $0 $0
2021 $3,954 $272,593 $0 $0
2020 $3,861 $264,655 $0 $0
2019 $3,581 $245,006 $0 $0
2018 $3,439 $237,871 $0 $0
2017 $3,282 $230,944 $0 $0
2016 $2,864 $224,218 $107,983 $116,235
2015 $2,809 $217,688 $104,838 $112,850
2014 $2,803 $211,349 $0 $0
2013 -- $205,194 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22114542

Regional Multiple Listing Service (RMLS)

APN: 11224