540 S Downing St Seaside, OR 97138
2
Beds
2
Baths
1,024
Sq Ft
4,792
Sq Ft Lot
Highlights
- Deck
- 1 Fireplace
- Accessible Parking
- Vaulted Ceiling
- Private Yard
- 4-minute walk to The Prominade
About This Home
As of November 2021s: Newly remodeled beach bungalow 2 blocks from the beach and downtown Seaside. Comes fully furnished including electric fireplace, 4 flat screen TV's & ready to go down to the silverware! Turn key, family vacation retreat or live in it year round. Great income potential for short term rental. Buyer's to do own due diligence regarding short term rental requirements & application. Plenty of parking and an outdoor shed. This one will go fast!
Last Agent to Sell the Property
LUXE Forbes Global Properties License #201228396 Listed on: 03/15/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,098
Year Built
- Built in 1985
Lot Details
- Private Yard
- Property is zoned R3
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Washer and Dryer
Flooring
- Wall to Wall Carpet
- Tile
Accessible Home Design
- Accessibility Features
- Minimal Steps
- Accessible Parking
Outdoor Features
- Deck
- Outbuilding
Utilities
- Electric Water Heater
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,618
Avg. Annual Appreciation
3.59%
Original Mortgage
$440,000
Outstanding Balance
$406,427
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,520
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
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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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Ticor Title Company Of Or | |
| Warranty Deed | $490,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | $150,000 | None Available | |
| Interfamily Deed Transfer | -- | Pacific Title Co | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | New Conventional |
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
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
-
Seller's Agent in 2021
Judy Paulsen
Windermere Realty Trust
118 Total Sales
-
Seller's Agent in 2021
Ann Westerlund
LUXE Forbes Global Properties
(503) 791-4425
122 Total Sales
-
Buyer's Agent in 2021
Becki Servo
Premiere Property Group, LLC
(503) 880-2802
35 Total Sales
-
Buyer's Agent in 2021
PERLA MARTINEZ EVANS
Think Real Estate
(503) 388-4837
98 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 21114457
APN: 11896
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