NOT LISTED FOR SALE

515 N Downing St Seaside, OR 97138

Estimated Value: $463,000 - $573,946

2 Beds
2 Baths
1,072 Sq Ft
$482/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $583,000 $544 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,999/month

Highlights

  • Deck
  • Sun or Florida Room
  • No HOA
  • Wood Flooring
  • Quartz Countertops
  • Cottage

About This Home

As of September 2022

Looking for an updated Seaside beach house with the appeal of vintage cottage, look no further. Welcome to the 'Salthouse'. This 1920's charmer is being sold turn key furnished, a block off the oceanfront, a walk to downtown, and ready to go. Gorgeous fir floors, beadboard, rebuilt decks, renovated bathrooms and kitchen with beautiful tile work, and updated electrical are sure to please. Home has recently been a successful rental with potential for future permitting. Buyer to do all diligence.

Last Agent to Sell the Property

Katy Walstra

Windermere Realty Trust License #201209995 Listed on: 09/04/2022

Windermere Realty Trust

Last Buyer's Agent

Denise Anderson

Totem Properties LLC License #201235375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1926

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot
  • Property is zoned R3

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Washer and Dryer
  • Smart Thermostat
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Schools

  • Pacific Ridge Elementary School
  • Seaside Middle School
  • Seaside High School

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11332

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,866

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1926
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 2.0
  • Interior Amenities: SmartThermostat, TileFloor, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: SunRoom
  • Room 4 Level: Main
  • Room 5 Description: UtilityRoom
  • Room 5 Level: Main
  • Basement: Unfinished
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Quartz, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • 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
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,ShingleSiding,T111Siding,WoodSiding
  • Exterior Features: Deck, Outbuilding, Porch, ToolShed
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: No
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside
  • Middle Or Junior School: Seaside

Lot Info

  • Farm: No
  • Zoning: R3
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 11332

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2866.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Sep 20, 2022
Sold by
Riddle Shane C
Bought by
Nguyen Kimya
Seller's Agent
Katy Walstra
Windermere Realty Trust
Buyer's Agent
Denise Anderson
Totem Properties LLC
List Price
$579,000
Sold Price
$583,000
Premium/Discount to List
$4,000
0.69%
Views
11
Current Estimated Value
$516,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,263
Avg. Annual Appreciation
-2.33%

Purchase Details

Listed on
Jan 4, 2018
Closed on
Apr 3, 2018
Sold by
Willamette Investment Properties Llc
Bought by
Riddle Shane C and Riddle Jill A
Seller's Agent
Brian Pienovi
Windermere Realty Trust
Buyer's Agent
Tess Lapointe
Pacific Pro Realty
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.00%
Original Mortgage
$295,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2007
Sold by
Arnold Howard H
Bought by
Willamette Investment Properties Llc

Purchase Details

Closed on
Oct 31, 2006
Sold by
Moon Llc
Bought by
Willamette Investment Properties Llc
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
Nguyen Kimya $583,000 --
Riddle Shane C $240,000 Pacific Title Co
Willamette Investment Properties Llc -- None Available
Willamette Investment Properties Llc -- None Available
Moon Llc -- None Available
Willamette Investments Properties Llc -- None Available
Downing Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riddle Shane C $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $583,000 +0.7% $544 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $579,000 +169.3% $540 / Sq Ft
04/06/2018 04/06/18 Sold $215,000 -8.5% $228 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $235,000 -- $249 / 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 $3,102 $215,949 -- --
2023 $3,011 $209,660 $0 $0
2022 $2,929 $203,554 $0 $0
2021 $2,866 $197,626 $0 $0
2020 $2,383 $163,307 $0 $0
2019 $2,318 $158,551 $0 $0
2018 $2,226 $153,934 $0 $0
2017 $2,124 $149,452 $0 $0
2016 $1,868 $145,100 $54,621 $90,479
2015 $1,820 $140,875 $53,031 $87,844
2014 $1,814 $136,773 $0 $0
2013 -- $132,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22479364

Regional Multiple Listing Service (RMLS)

APN: 11332