NOT LISTED FOR SALE

540 S Downing St Seaside, OR 97138

Estimated Value: $531,000 - $649,000

2 Beds
2 Baths
1,024 Sq Ft
$586/Sq Ft Est. Value

Last Sold November 01, 2021

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

Est. 9% increase in value since last sale

Current estimated payment $3,587/month

10 Days on Market

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 Listed By

Judy Paulsen

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

Windermere Realty Trust

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

  • 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%
Total Days on Market
10
Current Estimated Value
$600,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,556
Avg. Annual Appreciation
1.92%
Original Mortgage
$440,000
Outstanding Balance
$409,845
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$178,370

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
Windermere Realty Trust
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Seaside, OR

  • 560 S Downing St, Seaside, OR 97138

    $575,000

    • 3 Beds
    • 2 Baths
    • 1,164 Sq Ft
    • 560 S Downing St
    • Seaside, OR

    Step into a slice of Seaside nostalgia—this classic blue beach cottage blends vintage wood paneling, retro charm, and fresh updates where it matters most. Gather in the cozy living room, prepare meals in the updated kitchen, and with the beach less than 4 blocks away, you can let ocean breezes drift through the open windows. A large Trex deck, small grassy yard, detached oversized garage, plenty

    Leigh Mortlock eXp Realty LLC

    Section Image
  • 436 S Franklin St, Seaside, OR 97138

    $469,000

    • 2 Beds
    • 1 Bath
    • 1,053 Sq Ft
    • 436 S Franklin St
    • Seaside, OR

    This downtown Seaside location is close to the beach popular attractions and a plethora or dining opportunities. Refinished, beautiful hardwood floors and a retro kitchen await the interior design this home beckons to. Also featured is ADA access with raised garden beds and irrigation for easy maintenance.This home has been virtually staged to spur the creativity on this blank canvas!

    Pam Ackley Windermere Realty Trust

    Section Image
  • 1220 S Edgewood St, Seaside, OR 97138

    $735,000

    • 3 Beds
    • 3 Baths
    • 1,972 Sq Ft
    • 1220 S Edgewood St
    • Seaside, OR

    New to the market: Classic Coastal Comfort in SW Seaside. Looking for walkability, a quiet location, and the potential for a permitted Short Term Rental on the Oregon Coast? This classic mid-70s home will check all the boxes—featuring a sunken living room with a wood-burning fireplace and a cedar sauna in the upstairs primary suite, (which spans the entire second floor). The functional layout

    Andrea Mace Realty One Group Prestige

    Section Image
  • 65 2nd Ave, Seaside, OR 97138

    $699,000

    • 4 Beds
    • 2 Baths
    • 1,475 Sq Ft
    • 65 2nd Ave
    • Seaside, OR

    Located less than a block from the beach in Seaside, Oregon, this 4-bedroom, 2-bath home offers the perfect coastal retreat. Enjoy stunning ocean views from the living room and a spacious wraparound second-level deck, ideal for soaking in the sea breeze.This home features both off-street parking and a two-car garage, providing ample space for vehicles and storage. Recent updates include new

    Christy Coulombe SALTAIRE Coastal Homes

    Section Image
  • 960 S King St, Seaside, OR 97138

    $499,000

    • 3 Beds
    • 2 Baths
    • 1,370 Sq Ft
    • 960 S King St
    • Seaside, OR

    Seaside home with 3 bedrooms, 2 bathrooms, updated kitchen, sun room, situated on a double corner lot with a fenced yard. Separate hot tub building.

    Barbara Maltman Windermere Realty Trust

    Section Image
  • 1126 Avenue E, Seaside, OR 97138

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • 1126 Avenue E
    • Seaside, OR

    This clean and cozy ranch is situated minutes from Seaside's shopping, restaurants, local attractions, promenade and beach. Great room design has skylights, kitchen island, slider from dining area to back deck, new carpeting and gas fireplace for bright and comfortable living and entertaining. Spacious primary bedroom includes skylights, slider to deck, ensuite bath, and walk in closet. Laundry

    Margaret Sansone Windermere Realty Trust

    Section Image
  • 1616 S Edgewood St, Seaside, OR 97138

    $725,000

    • 3 Beds
    • 2 Baths
    • 1,736 Sq Ft
    • 1616 S Edgewood St
    • Seaside, OR

    Perfectly located in the heart of Seaside, this charming 3-bedroom, 2-bath home offers the ideal blend of comfort and convenience. The open-concept living and kitchen area is filled with natural light, perfect for entertaining or relaxing. A converted garage adds flexible space for a guest room, office, or studio. Enjoy a fully fenced backyard, ideal for pets or gatherings, plus off-street

    Cynthia O'Reilly Windermere Realty Trust

    Section Image
  • 1616 S Edgewood St, Seaside, OR 97138

    $725,000

    • 3 Beds
    • 2 Baths
    • 1,736 Sq Ft
    • 1616 S Edgewood St
    • Seaside, OR

    Perfectly located in the heart of Seaside, this charming 3-bedroom, 2-bath home offers the ideal blend of comfort and convenience. The open-concept living and kitchen area is filled with natural light, perfect for entertaining or relaxing. A converted garage adds flexible space for a guest room, office, or studio. Enjoy a fully fenced backyard, ideal for pets or gatherings, plus off-street

    Cynthia O'Reilly Windermere Realty Trust

    Section Image
  • 423 N Downing St, Seaside, OR 97138

    $499,000

    • 2 Beds
    • 1.5 Baths
    • 1,260 Sq Ft
    • 423 N Downing St
    • Seaside, OR

    Welcome to "Rose Cottage." With a touch of Scandanavian design, this delightful 1922 cottage is being sold turnkey. Featuring two bedrooms, 1 and a half baths and a large sleeping loft with two full beds. Large utility room and office to boot. Recent upgrades include kitchen with solid surface countertops, new appliances, resurfaced hardwood floors, updated electrical panel, plumbing and so much

    Kristine Israel Premiere Property Group, LLC

    Section Image

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21537554

Regional Multiple Listing Service (RMLS)

APN: 11896