NOT LISTED FOR SALE

505 N Pacific St Unit 2 Rockaway Beach, OR 97136

Estimated Value: $661,000 - $926,000

3 Beds
3 Baths
1,656 Sq Ft
$667/mo HOA Fee

Last Sold May 20, 2022

Last sale price $820,000 $495 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,029/month

10 Days on Market

Highlights

  • Waterfront
  • Deck
  • 2 Fireplaces
  • Nehalem Elementary School Rated 10
  • Hydromassage or Jetted Bathtub
  • High Ceiling

About This Home

As of May 2022

Beautifully built OCEANFRONT CONDO in Rockaway Beach! Enjoy Pacific Ocean views from this upscale & elegant 3 bed/ 2 .5 bath condo right on Rockaway's famous 7.5 mile beach. Comes complete with an OCEANVIEW tub & fireplace in master suite. Deck off master & great room. Slab granite counters, travertine marble bathrooms & flooring, rich custom wood cabinets and fireplace surround, fabulous pantry with etched glass door, open concept kitchen. Vacation Rentals allowed- fantastic yearly income!

Last Agent to Sell the Property

Megan Despain

Keller Williams Sunset Corridor License #201226701 Listed on: 04/17/2022

Keller Williams Sunset Corridor

Last Buyer's Agent

Colleen Hofer

Century 21 Shorepine Properties License #201224655

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

HOA Fees

  • $667 per month

Home Design

  • Pillar, Post or Pier Foundation
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Laundry Room
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Utilities

  • Heating System Uses Propane
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Deck
  • Waterfront
  • Ground Level Unit

Community Details

  • On-Site Maintenance

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: 2 Story, Townhouse
  • Sq Ft Calculated: 1656
  • Sq Ft Approximate Total: 1656
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2007
  • Property Condition: Resale
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: Walk-in Shower
  • Additional Rooms: Utility Room
  • All Room Features: Bathroom, Ceiling Fan(s), Deck, Fireplace, Pantry, Walk in Closet, Granite, Closet, Shower
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Insert, Propane
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Laundry, Tile Floor, Washer/Dryer, Wall to Wall Carpet, High Ceilings, Jetted Tub, Granite
  • Kitchen Appliances: Microwave, Built-in Range, Built-in Refrigerator, Dishwasher, Pantry, Tile, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s)
  • Legal Description: LAKE LYTLE LOT 7 BLOCK 47
  • Sq Ft Main Level: 814
  • Upper Level Sq Ft: 842
  • Bedrooms: 3
  • Master Bedroom: Features: Bathroom, Ceiling Fan(s), Deck, Fireplace, Walk in Closet, Shower,On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: None
  • Dining Room: On Level: Main
  • Living Room: Features: Deck, Fireplace,On Level: Main
  • Kitchen: Features: Deck, Pantry, Granite,On Level: Main
  • Additional Room 1: Description: Utility Room,On Level: Upper
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Deck
  • Roof Type: Membrane
  • View: Ocean, Mountain(s)
  • Waterfront Description: Ocean Front
  • Waterfront: Yes
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Other

Utilities

  • Fuel Description: Electricity, Propane
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Zoned, Wall Furnace
  • Internet Service Type: Cable

Condo/Co-op/Association

  • HOA Fees: 8000
  • HOA Payment Frequency: Annually
  • HOA: Yes
  • Unit Location: Main Level
  • Association Amenities: Trash, Insurance, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Lot Description: Level, Ocean Beach 1/4 Mile or Less
  • Zoning: Res
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 4002.41
  • Assessor Parcel Number: 413646
  • Tax Year: 2021

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Nehalem
  • High School: Neah-Kah-Nie
  • Middle School: Neah-Kah-Nie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
May 20, 2022
Sold by
Alan Smith Wendel
Bought by
Norwood Brent and Norwood Jenelle
Seller's Agent
Megan Despain
Keller Williams Sunset Corridor
Buyer's Agent
Colleen Hofer
Century 21 Shorepine Properties
List Price
$759,900
Sold Price
$820,000
Premium/Discount to List
$60,100
7.91%
Current Estimated Value
$762,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,809
Avg. Annual Appreciation
-2.02%

Purchase Details

Listed on
Apr 17, 2022
Closed on
May 16, 2022
Sold by
Alan Smith Wendel
Bought by
Norwood Brent and Norwood Jenelle
Seller's Agent
Megan Despain
Keller Williams Sunset Corridor
Buyer's Agent
Colleen Hofer
Century 21 Shorepine Properties
List Price
$759,900
Sold Price
$820,000
Premium/Discount to List
$60,100
7.91%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 18, 2018
Sold by
Kuhn Markus and Huening Jennifer J
Bought by
Smith Wendel Alan
Seller's Agent
Pam Zielinski
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$549,900
Sold Price
$548,000
Premium/Discount to List
-$1,900
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$438,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Sw Conix Rainy Llc
Bought by
Kuhn Markus and Huening Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Chm Investments Inc
Bought by
Chm Investments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Norwood Brent $820,000 Ticor Title
Norwood Brent $820,000 Ticor Title
Smith Wendel Alan $548,000 Ticor Title
Kuhn Markus $299,000 First American
Chm Investments Inc -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Wendel Alan $438,400
Previous Owner Kuhn Markus $224,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $820,000 +7.9% $495 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $759,900 +38.7% $459 / Sq Ft
10/23/2018 10/23/18 Sold $548,000 -0.3% $331 / Sq Ft View Prior Sale
08/11/2018 08/11/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $549,900 -- $332 / 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 $4,282 $443,710 -- $443,710
2023 $4,264 $430,790 $0 $430,790
2022 $4,130 $418,250 $0 $418,250
2021 $4,002 $406,070 $0 $406,070
2020 $3,890 $394,250 $0 $394,250
2019 $3,781 $382,770 $0 $382,770
2018 $3,685 $371,630 $0 $371,630
2017 $3,581 $360,810 $0 $360,810
2016 $3,478 $350,310 $0 $350,310
2015 $3,421 $340,110 $0 $340,110
2014 $3,371 $330,210 $0 $330,210
2013 -- $320,600 $0 $320,600
Source: Public Records

Agents Affiliated with this Home

  • Megan Despain

    Seller's Agent in 2022

    Megan Despain

    Keller Williams Sunset Corridor

    (360) 917-6328

    84 in this area

    125 Total Sales

    Megan Despain
    Section Image
  • Colleen Hofer

    Buyer's Agent in 2022

    Colleen Hofer

    Century 21 Shorepine Properties

    (360) 513-7632

    5 in this area

    86 Total Sales

    Colleen Hofer
    Section Image
  • Pam Zielinski

    Seller's Agent in 2018

    Pam Zielinski

    BHHS Oregon- Northwest

    (503) 880-8034

    11 in this area

    321 Total Sales

    Pam Zielinski
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22176879

Regional Multiple Listing Service (RMLS)

APN: R0413646

Oregon Tillamook County Rockaway Beach 97136

505 N Pacific St Unit 2, Rockaway Beach, OR

Not Listed for Sale

Condos

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