NOT LISTED FOR SALE

502 S Nehalem Ave Rockaway Beach, OR 97136

Estimated Value: $373,000 - $422,000

2 Beds
1 Bath
1,278 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $389,000 $304 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,228/month

8 Days on Market

Highlights

  • RV Access or Parking
  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • Nehalem Elementary School Rated 10
  • Deck
  • Corner Lot

About This Home

As of June 2023

Darling 2 bedroom 1 bath cottage in the center of town. Enjoy the mature landscaping w/private fenced back yard. Only @ 5 short blocks to town and the beach. Out of flood zone. Possible ocean view from second floor with addition...Fresh paint, brand new stainless steel appliances, new flooring. Easy distance to tennis courts and July 4th festivities. Perfect getaway or rental. Easy to show!

Last Agent to Sell the Property

Tim Croman

Croman & Assoc. Realty, Inc. License #920400168 Listed on: 05/17/2023

Last Buyer's Agent

Christopher Newell

All Professionals Real Estate License #201227386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Property is zoned R-2

Parking

  • 1 Car Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Cottage
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,278 Sq Ft Home
  • 2-Story Property
  • Propane Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 1 Full Bathroom

Schools

  • Garibaldi Elementary School
  • Neah-Kah-Nie Middle School
  • Neah-Kah-Nie High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Accessibility Features
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 51767

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1949
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: VinylFloor
  • Room 4 Description: GuestQuarters
  • Room 4 Level: Upper
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Propane
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: Deck, Fenced, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Mountain,TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Garibaldi
  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie

Lot Info

  • Zoning: R-2
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 51767

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1261.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 26, 2023
Sold by
Heselschwerdt Clayton C
Bought by
Rockwell Richard A and Solis Amelia F
Seller's Agent
Tim Croman
Croman & Assoc. Realty, Inc.
Buyer's Agent
Christopher Newell
All Professionals Real Estate
List Price
$389,000
Sold Price
$389,000
Views
94
Current Estimated Value
$399,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,646
Avg. Annual Appreciation
1.20%
Original Mortgage
$239,000
Outstanding Balance
$232,863
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$166,783

Purchase Details

Listed on
Sep 27, 2018
Closed on
Sep 25, 2018
Sold by
Elliott Patricia J and Carter Margaret C
Bought by
Heseischwerdt Clayton C and Eden Stacy Leigh
Seller's Agent
Tim Croman
Croman & Associates Realty Inc
Buyer's Agent
Agent Outside Mls
Sold Price
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%
Original Mortgage
$177,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Lynch Nep A and Lynch Katherine
Bought by
Lynch X Neptune A and Lynch Katherine J
Source: Public Records

Range of Values:

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Average Value
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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
Rockwell Richard A $389,000 Ticor Title
Heseischwerdt Clayton C $222,000 Ticor Title Co Of Oregan
Lynch X Neptune A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rockwell Richard A $239,000
Previous Owner Heseischwerdt Clayton C $177,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $389,000 0.0% $304 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $389,000 +75.2% $304 / Sq Ft
09/27/2018 09/27/18 Sold $222,000 0.0% $174 / Sq Ft
09/27/2018 09/27/18 Sold $222,000 -7.1% $174 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $239,000 -- $187 / 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 $1,308 $134,630 $56,170 $78,460
2023 $1,302 $130,710 $54,530 $76,180
2022 $1,262 $126,910 $52,940 $73,970
2021 $1,223 $123,220 $51,400 $71,820
2020 $1,189 $119,640 $49,900 $69,740
2019 $1,156 $116,160 $48,450 $67,710
2018 $1,127 $112,780 $47,040 $65,740
2017 $1,095 $109,500 $45,670 $63,830
2016 $1,064 $106,320 $44,340 $61,980
2015 $1,047 $103,230 $43,050 $60,180
2014 $1,032 $100,230 $41,800 $58,430
2013 $1,015 $97,320 $40,580 $56,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23466111

Regional Multiple Listing Service (RMLS)

APN: R0051767