NOT LISTED FOR SALE

540 S Downing St Seaside, OR 97138

Estimated Value: $501,000 - $655,000

2 Beds
2 Baths
1,024 Sq Ft
$571/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $550,000 $537 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,357/month

Highlights

  • Deck
  • Accessibility Features
  • Tile Flooring
  • Private Yard
  • Shed
  • 4-minute walk to The Prominade

About This Home

As of November 2021

The coast is calling! Located in desirable SW Seaside, this updated cottage boasts quality finishes such as wood cabinetry, granite counters & SS appliance package. A main level bedroom is sure to be appreciated with full bath, ½ bath & laundry also on the main level. The exterior has plenty of off-street parking, expansive back deck perfect for entertaining, fenced yard & large storage shed. All within a few blocks of the ocean! One of the sellers is a licensed real estate agent in Oregon.

Last Agent to Sell the Property

Judy Paulsen

Windermere Realty Trust License #940800060 Listed on: 09/20/2021

Windermere Realty Trust

Last Buyer's Agent

Becki Servo

Premiere Property Group, LLC License #200203028

Premiere Property Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1985

Lot Details

  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned R3

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Flooring

  • Wall to Wall Carpet
  • Tile

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Additional Features

  • 2-Story Property
  • Accessibility Features
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,098

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow
  • Sq Ft Calculated: 1024
  • Sq Ft Approximate Total: 1024
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1985
  • Property Condition: Approximately
  • Remarks Public: The coast is calling! Located in desirable SW Seaside, this updated cottage boasts quality finishes such as wood cabinetry, granite counters & SS appliance package. A main level bedroom is sure to be appreciated with full bath, ½ bath & laundry also on the main level. The exterior has plenty of off-street parking, expansive back deck perfect for entertaining, fenced yard & large storage shed. All within a few blocks of the ocean! One of the sellers is a licensed real estate agent in Oregon.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 1.1
  • Interior Amenities: Tile Floor, Wall to Wall Carpet, Granite
  • Kitchen Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Granite
  • Legal Description: HERMOSA PARK ADD LT 2 BLK 12
  • Sq Ft Main Level: 828
  • Upper Level Sq Ft: 196
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement: None
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Deck, Fenced, Tool Shed, Yard
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: On Street, Off Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

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

Lot Info

  • Lot Description: Level
  • Acres: 0.11
  • Zoning: R3

Tax Info

  • Tax Amount: 2706.25
  • Assessor Parcel Number: 11896
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 25, 2021
Sold by
Schuster Vincent and Schuster Nanette
Bought by
Nguyen Christina and Vuong James
Seller's Agent
Judy Paulsen
Windermere Realty Trust
Buyer's Agent
Becki Servo
Premiere Property Group, LLC
List Price
$540,000
Sold Price
$550,000
Premium/Discount to List
$10,000
1.85%
Current Estimated Value
$584,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,432
Avg. Annual Appreciation
1.57%
Original Mortgage
$440,000
Outstanding Balance
$402,109
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$182,323

Purchase Details

Listed on
Mar 15, 2021
Closed on
Mar 29, 2021
Sold by
Malsom Michael J and Malsom Minda L
Bought by
Schuster Vincent and Schuster Nanette
Seller's Agent
Ann Westerlund
LUXE Forbes Global Properties
Buyer's Agent
PERLA MARTINEZ EVANS
Think Real Estate
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.63%

Purchase Details

Closed on
Jul 25, 2018
Sold by
Malsom Michael J
Bought by
Malsom Michael J and Malsom Minda L

Purchase Details

Closed on
Jul 19, 2018
Sold by
Pinder Karen L
Bought by
Malsom Michael J

Purchase Details

Closed on
Jul 13, 2016
Sold by
Malsom Joan E
Bought by
Malsom Joan Elizabeth and Joan Elizabeth Malsom Living Trust
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 Christina $550,000 Ticor Title Company Of Or
Schuster Vincent $490,000 Ticor Title
Malsom Michael J -- None Available
Malsom Michael J $150,000 None Available
Malsom Michael J -- Pacific Title Co
Malsom Joan Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Christina $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $550,000 +1.9% $537 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $540,000 +10.2% $527 / Sq Ft
03/31/2021 03/31/21 Sold $490,000 -1.0% $479 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $495,000 -- $483 / 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 $3,098 $215,623 -- --
2023 $3,006 $209,344 $0 $0
2022 $2,924 $203,248 $0 $0
2021 $2,706 $186,592 $0 $0
2020 $2,643 $181,158 $0 $0
2019 $2,571 $175,882 $0 $0
2018 $2,469 $170,760 $0 $0
2017 $2,356 $165,787 $0 $0
2016 $2,073 $160,960 $77,127 $83,833
2015 $2,018 $156,273 $74,881 $81,392
2014 $2,012 $151,722 $0 $0
2013 -- $147,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Paulsen

    Seller's Agent in 2021

    Judy Paulsen

    Windermere Realty Trust

    114 Total Sales

    Judy Paulsen
    Section Image
  • Ann Westerlund

    Seller's Agent in 2021

    Ann Westerlund

    LUXE Forbes Global Properties

    (503) 791-4425

    119 Total Sales

    Ann Westerlund
    Section Image
  • Becki Servo

    Buyer's Agent in 2021

    Becki Servo

    Premiere Property Group, LLC

    (503) 880-2802

    34 Total Sales

    Becki Servo
    Section Image
  • PERLA MARTINEZ EVANS

    Buyer's Agent in 2021

    PERLA MARTINEZ EVANS

    Think Real Estate

    (503) 388-4837

    94 Total Sales

    PERLA MARTINEZ EVANS
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21537554

Regional Multiple Listing Service (RMLS)

APN: 11896

Oregon Clatsop County Seaside 97138

540 S Downing St, Seaside, OR

This home is located at 540 S Downing St, Seaside, OR 97138 since 20 September 2021 and is currently estimated at $584,432, approximately $570 per square foot. This property was built in 1985. 540 S Downing St is a home located in Clatsop County with nearby schools including Seaside High School.

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