560 S Columbia St Seaside, OR 97138
Estimated payment $2,890/month
Highlights
- No HOA
- Laundry Facilities
- Level Lot
- Property is near a bus stop
- High Speed Internet
- 3-minute walk to The Prominade
About This Home
Seaside Beach Cottages, just a block from the Ocean and City Center of Seaside, this charming property features Four separate units. There is a two-bedroom, one-bathroom main cottage, and three separate studio cottages. Each unit is fully occupied, making this a fantastic investment opportunity. The property also includes on site laundry room. Priced to sell! There are repairs to be made Selling as is Do not miss out on this incredible chance to own a piece of Seaside paradise. Partial FHA loan possibly assumable under 3% interest, huge opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,776
Year Built
- Built in 1927
Lot Details
- 3,484 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,100 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Parking
- 2 Parking Spaces
- On-Street Parking
Location
- Property is near a bus stop
Schools
- Pacific Ridge Elementary School
- Seaside Middle School
- Seaside High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 11881
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Operating Expense $5,380
- Gross Income $42,320
- Net Operating Income $47,700
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,776 | $193,223 | -- | -- |
| 2023 | $2,694 | $187,596 | $0 | $0 |
| 2022 | $2,620 | $182,133 | $0 | $0 |
| 2021 | $1,866 | $128,634 | $0 | $0 |
| 2020 | $1,822 | $124,888 | $0 | $0 |
| 2019 | $1,769 | $121,251 | $0 | $0 |
| 2018 | $1,702 | $117,720 | $0 | $0 |
| 2017 | $1,574 | $114,292 | $0 | $0 |
| 2016 | $1,336 | $110,964 | $71,703 | $39,261 |
| 2015 | $1,337 | $107,733 | $69,615 | $38,118 |
| 2014 | $1,384 | $104,596 | $0 | $0 |
| 2013 | -- | $101,551 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | For Sale | $499,000 | 0.0% | $238 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $499,000 | -9.1% | $238 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $549,000 | -5.2% | $261 / Sq Ft |
| 03/04/2025 03/04/25 | Price Changed | $579,000 | -3.3% | $276 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $599,000 | +485.1% | $285 / Sq Ft |
| 03/02/2012 03/02/12 | Sold | $102,375 | -43.1% | $76 / Sq Ft |
| 01/23/2012 01/23/12 | Pending | -- | -- | -- |
| 08/26/2011 08/26/11 | For Sale | $179,900 | -- | $134 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $271,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $102,375 | First American | |
| Trustee Deed | $43,158 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Warranty Deed | $250,000 | Multiple |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,745 | FHA | |
| Previous Owner | $90,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Seller Take Back |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 216296186
APN: 11881
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