NOT LISTED FOR SALE

518 N Downing St Seaside, OR 97138

Estimated Value: $366,000 - $433,316

2 Beds
2 Baths
912 Sq Ft
$438/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $387,500 $425 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,430/month

142 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Double Pane Windows
  • No HOA
  • Porch
  • Soaking Tub

About This Home

As of February 2024

This enchanting beach cottage can be yours! One block from the ocean shore and boardwalk, 5 blocks from fun, charming downtown Seaside with all the amenities. Enjoy Seaside's famous fireworks shows on the 4th of July! Bright kitchen with bead board throughout, lots of windows, farmhouse feel. Skylights in family room and bedroom. Custom wood shelving in family room. Roomy attic with stair access and lots of storage. Free standing old fashioned soaking tub, W/D. Brand New Hot Water Heater 2024. Perfect beach get away home or full-time residence.

Last Agent to Sell the Property

Michael Hedges

Windermere Realty Trust Brokerage Email: lakeoswego@windermere.com License #201233469 Listed on: 09/06/2023

Windermere Realty Trust

Co-Listed By

Sherry Hedges

Windermere Realty Trust Brokerage Email: lakeoswego@windermere.com License #201227691

Last Buyer's Agent

Jessica Rainey

Realty One Group Prestige License #201242874

Realty One Group Prestige

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1914

Lot Details

  • 1,742 Sq Ft Lot
  • Waterfront
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Porch

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11189

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1914
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: Laundry, SoakingTub, WasherDryer
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Disposal, FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • High School2: Seaside
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Porch
  • Lot Size: 0K to 2,999 SqFt
  • Waterfront: Yes
  • Foundation Details: Block
  • View: No
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Water Body Name: Pacific Coast
  • Waterfront Features: Other
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • 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
  • Elementary School #2: Pacific Ridge

Lot Info

  • Farm: No
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742.0
  • Parcel #: 11189

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2212.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Feb 20, 2024
Sold by
Yasin Cynthia
Bought by
Zarrin Atefeh and Hrycenko Harry G
Seller's Agent
Michael Hedges
Windermere Realty Trust
Buyer's Agent
Jessica Rainey
Realty One Group Prestige
List Price
$399,000
Sold Price
$387,500
Premium/Discount to List
-$11,500
-2.88%
Total Days on Market
142
Views
202
Current Estimated Value
$399,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,079
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Jun 29, 2017
Closed on
Oct 4, 2017
Sold by
Smith Margaret K and The Wjs Trust
Bought by
Yasin Cynthia
Seller's Agent
Melissa Eddy
Windermere Realty Trust
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$219,000
Sold Price
$203,500
Premium/Discount to List
-$15,500
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$205,555
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2015
Sold by
Smith Wanda J
Bought by
Wjs Trust

Purchase Details

Closed on
Sep 21, 2013
Sold by
Smith Robert L
Bought by
Smith Robert Lester and Smith Wanda J
Source: Public Records

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Range of Values:

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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
Zarrin Atefeh $387,500 Ticor Title
Yasin Cynthia $203,500 Ticor Title Company Of Or
Wjs Trust -- None Available
Smith Robert Lester -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yasin Cynthia $205,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $387,500 -2.9% $425 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $399,000 +3.0% $438 / Sq Ft
11/23/2023 11/23/23 Off Market $387,500 -- --
10/21/2023 10/21/23 Price Changed $399,000 -6.1% $438 / Sq Ft
09/19/2023 09/19/23 Price Changed $425,000 -5.6% $466 / Sq Ft
09/06/2023 09/06/23 For Sale $450,000 +121.1% $493 / Sq Ft
10/05/2017 10/05/17 Sold $203,500 -7.1% $223 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $219,000 -- $240 / 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 $2,344 $163,173 -- --
2023 $2,275 $158,421 $0 $0
2022 $2,213 $153,808 $0 $0
2021 $2,166 $149,329 $0 $0
2020 $2,115 $144,981 $0 $0
2019 $2,058 $140,760 $0 $0
2018 $1,976 $136,661 $0 $0
2017 $1,712 $120,439 $0 $0
2016 $1,506 $116,932 $66,742 $50,190
2015 $1,466 $113,528 $64,799 $48,729
2014 $1,462 $110,222 $0 $0
2013 -- $107,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23172535

Regional Multiple Listing Service (RMLS)

APN: 11189