NOT LISTED FOR SALE

Estimated Value: $611,721 - $779,000

8 Beds
4 Baths
3,648 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $425,000 $117 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,425/month

147 Days on Market

About This Home

As of May 2019

Great investment opportunity! 4 Unit Multi-Plex near the beach! Each unit is 2 bedroom, 1 bath. Plenty of parking. Live in one, rent out the others. Walking distance from town. Great rental history. Could be purchased with seller's other properties on market. Seller has multiple properties on the market that can be purchased together.

Last Listed By

David Hoggard

Keller Williams Sunset Corridor License #200306004 Listed on: 09/28/2018

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,465

Year Built

  • Built in 1968

Lot Details

  • 4,792

Parking

  • Paved Parking

Home Design

  • Plywood Siding Panel T1-11

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,465

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3648
  • Year Built: 1968
  • Remarks Public: Great investment opportunity! 4 Unit Multi-Plex near the beach! Each unit is 2 bedroom, 1 bath. Plenty of parking. Live in one, rent out the others. Walking distance from town. Great rental history. Could be purchased with seller's other properties on market. Seller has multiple properties on the market that can be purchased together.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HERMOSA PARK LT 8 BLK 6
  • Basement: None

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 3,000 to 4,999 SqFt

Garage/Parking

  • Parking Description: Paved

Utilities

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

Schools

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

Lot Info

  • Zoning: R3

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4961.68
  • Assessor Parcel Number: 11830
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
May 9, 2019
Sold by
Anderson & Anderson Llc
Bought by
Kittell Angela D and Stuhr Kyle Edwin
Seller's Agent
David Hoggard
Keller Williams Sunset Corridor
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$480,000
Sold Price
$425,000
Premium/Discount to List
-$55,000
-11.46%
Total Days on Market
147
Current Estimated Value
$697,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,680
Avg. Annual Appreciation
8.90%
Original Mortgage
$281,250
Outstanding Balance
$248,849
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$461,079

Purchase Details

Closed on
Jul 11, 2006
Sold by
Anderson Greg J
Bought by
Anderson & Anderson Llc

Purchase Details

Closed on
Dec 8, 2005
Sold by
Rogers Betty M
Bought by
Anderson Greg J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kittell Angela D $425,000 Ticor Title Company Of Or
Anderson & Anderson Llc -- None Available
Anderson Greg J $374,950 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kittell Angela D $281,250
Previous Owner Anderson Greg J $74,900
Previous Owner Anderson Greg J $299,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $425,000 -11.5% $117 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $480,000 -- $132 / 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 $6,465 $450,055 -- --
2023 $6,274 $436,947 $0 $0
2022 $6,103 $424,222 $0 $0
2021 $5,974 $411,867 $0 $0
2020 $5,736 $399,871 $0 $0
2019 $5,611 $388,225 $0 $0
2018 $5,158 $376,919 $0 $0
2017 $4,962 $365,942 $0 $0
2016 $4,271 $355,285 $104,492 $250,793
2015 $4,136 $343,140 $101,449 $241,691
2014 $4,404 $344,938 $0 $0
2013 -- $338,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18103921

Regional Multiple Listing Service (RMLS)

APN: 11830