NOT LISTED FOR SALE

436 S Downing St Seaside, OR 97138

Estimated Value: $875,277 - $1,124,000

7 Beds
6 Baths
6,223 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $712,500 $114 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,953/month

78 Days on Market

About This Home

As of August 2019

Endless possibilities! 3 homes on 1 property. 2 duplexes currently being used as successful vacation rentals. Office w/living quarters could be rented as a business or even as a single family home. Some appliances included as well as hot tub. Cozy gas stoves for the chilly days & outdoor space w/ fire pit for entertaining. Perfect for your next retreat. Walking distance to the ocean shoreline where you can dip your toes in the sand.

Last Listed By

David Hoggard

Keller Williams Sunset Corridor License #200306004 Listed on: 02/26/2019

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,927

Year Built

  • Built in 1938

Lot Details

  • 7,405

Parking

  • Paved Parking

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,927

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 6223
  • Stories: 2
  • Year Built: 1938
  • Property Condition: Approximately
  • Remarks Public: Endless possibilities! 3 homes on 1 property. 2 duplexes currently being used as successful vacation rentals. Office w/living quarters could be rented as a business or even as a single family home. Some appliances included as well as hot tub. Cozy gas stoves for the chilly days & outdoor space w/ fire pit for entertaining. Perfect for your next retreat. Walking distance to the ocean shoreline where you can dip your toes in the sand.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HERMOSA PARK S 1/2 LT 7; 8 BLK 7

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Off Site, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Common Amenities: Spa/Hot Tub

Schools

  • Elementary School: Seaside Hts
  • Middle School: Broadway
  • High School: Seaside

Lot Info

  • Zoning: R3

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4024.74
  • Assessor Parcel Number: 11837
  • Tax Year: 2018

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Seaside Hts
  • High School: Seaside
  • Middle School: Broadway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
South Downing Street Llc
Bought by
Gibbs Russ
Total Days on Market
78
Current Estimated Value
$999,639

Purchase Details

Listed on
Feb 26, 2019
Closed on
Aug 14, 2019
Sold by
Anderson & Anderson Llc
Bought by
South Downing Street Llc
Seller's Agent
David Hoggard
Keller Williams Sunset Corridor
Buyer's Agent
David Hoggard
Keller Williams Sunset Corridor
List Price
$745,000
Sold Price
$712,500
Premium/Discount to List
-$32,500
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$525,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2006
Sold by
Rogers Betty M
Bought by
Anderson & Anderson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Gibbs Russ $900,000 Ticor Title
South Downing Street Llc $712,500 Ticor Title
South Downing Street Llc $725,000 Ticor Title
Anderson & Anderson Llc $595,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Downing Street Llc $525,000
Previous Owner Anderson & Anderson Llc $1,929,500
Previous Owner Anderson & Anderson Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $712,500 -4.4% $114 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $745,000 -- $120 / 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 $4,927 $342,968 -- --
2023 $4,781 $332,980 $0 $0
2022 $4,651 $323,282 $0 $0
2021 $4,552 $313,867 $0 $0
2020 $4,446 $304,726 $0 $0
2019 $4,083 $295,653 $0 $0
2018 $4,025 $295,851 $0 $0
2017 $3,798 $284,473 $0 $0
2016 $3,417 $284,472 $140,328 $144,144
2015 $3,519 $291,905 $155,920 $135,985
2014 $3,690 $287,095 $0 $0
2013 -- $278,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19174494

Regional Multiple Listing Service (RMLS)

APN: 11837