NOT LISTED FOR SALE

505 N Pacific St Rockaway Beach, OR 97136

Estimated Value: $659,000 - $915,000

3 Beds
3 Baths
1,656 Sq Ft
2007 Built

Last Sold May 20, 2022

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

Est. 4% decrease in value since last sale

Current estimated payment $4,922/month

10 Days on Market

Highlights

  • Living Room
  • Tile Flooring
  • Utility Room
  • Nehalem Elementary School Rated 10
  • Dining Room
  • Heating Available

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 with see- thru fireplace in master suite. Decks off master & living 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 here and potential income of 60- 70K. Welcome to your new beautiful & luxurious oceanfront condo at Rockaway Beach!

Last Agent to Sell the Property

Megan Despain

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

Keller Williams Sunset Corridor - Coast Life

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,002

Year Built

  • Built in 2007

Interior Spaces

  • 1,656 Sq Ft Home
  • Living Room
  • Dining Room
  • Utility Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • No Cooling
  • Heating Available
  • Propane

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 413646

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,002

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: From 101 in Rockaway Beach, turn West on N. 5th Avenue, right on Pacific Street. Condo will be on the L with Realtor Sign.
  • Above Grade Finished Sq Ft: 1656.0
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Free-Standing Freezer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Propane
  • Fireplaces: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s), Jetted Tub, Ceiling Fan(s)
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Concrete Perimeter
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Propane, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 8000.0
  • Association: Yes

Schools

  • Junior High Dist: SD9

Lot Info

  • Parcel #: 413646

Tax Info

  • Tax Annual Amount: 4002.41
  • Tax Lot: 2N1032BC
  • Tax Map Number: 90002
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2009
Sold by
Coastal Holdings One Llc
Bought by
Sw Conix Rainy Llc
Current Estimated Value
$787,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,300
Interest Rate
4.77%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2006
Sold by
Lea Noreen R and Noreen R Lea Living Trust
Bought by
Chm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,670,000
Interest Rate
6.41%
Mortgage Type
Construction
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
Sw Conix Rainy Llc -- Ticor
Chm Investments Llc $1,375,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sw Conix Rainy Llc $526,300
Previous Owner Chm Investments Llc $2,670,000
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 +31.2% $495 / Sq Ft
10/14/2020 10/14/20 Sold $625,000 +14.1% $377 / Sq Ft View Prior Sale
10/23/2018 10/23/18 Sold $548,000 -- $331 / Sq Ft View Prior Sale
Source: Oregon Coast Multiple Listing Service

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 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-20298

Oregon Coast Multiple Listing Service

APN: 2N1032BC90000