NOT LISTED FOR SALE

560 S Edgewood St Seaside, OR 97138

Estimated Value: $416,544 - $686,000

6 Beds
6 Baths
2,131 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $265,000 $124 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,300/month

243 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Family Room
  • Living Room
  • Dining Room
  • 5-minute walk to The Prominade

About This Home

As of December 2017

This compact 6-plex rental property is near the beach and close to all that makes Seaside fun. Currently fully occupied by long-term tenants.

Last Agent to Sell the Property

Pandyce McCluer

Pete Anderson Realty Inc License #201210608 Listed on: 04/01/2017

Last Buyer's Agent

Tom Allen

Northwest Realty Source License #930200318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1938

Lot Details

  • 4,791 Sq Ft Lot

Home Design

  • Property Attached
  • Fixer Upper
  • Cedar

Interior Spaces

  • 2,131 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Schools

  • Seaside Hts Elementary School
  • Broadway Middle School
  • Seaside High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1938
  • Property Condition: Fixer
  • Property Sub Type: Attached
  • Architectural Style: Stories1
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 6.0
  • Room 4 Description: MasterBathroom
  • Room 4 Level: Main
  • Basement: None
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Main Level Full Bathrooms: 6
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 6.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Seaside Hts
  • High School: Seaside
  • Middle Or Junior School: Broadway

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 11912

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 550

Tax Info

  • Tax Annual Amount: 2539.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Dec 28, 2017
Sold by
Johnson Gregory S and Silva Alicia
Bought by
P&M Renovation Llc
Seller's Agent
Pandyce McCluer
Pete Anderson Realty Inc
Buyer's Agent
Tom Allen
Northwest Realty Source
List Price
$375,000
Sold Price
$265,000
Premium/Discount to List
-$110,000
-29.33%
Current Estimated Value
$551,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,272
Avg. Annual Appreciation
10.12%
Original Mortgage
$202,500
Outstanding Balance
$143,704
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$411,299

Purchase Details

Closed on
Jun 25, 2009
Sold by
Johnson Greg and Silva Alicia
Bought by
Johnson Gregory Scott and Silva Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2005
Sold by
Zennie Robert T and Zennie Brenda
Bought by
Johnson Greg and Silva Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2005
Sold by
Zennie Theodore J
Bought by
Zennie Robert T and Zennie Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2005
Sold by
Brown William D and Brown Larae
Bought by
Zennie Robert and Zennie Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
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
P&M Renovation Llc $265,000 Ticor Title
Johnson Gregory Scott -- Inter County Title Co
Johnson Greg $427,000 Pacific Title Company
Zennie Robert T -- Fidelity Natl Title Co Of Or
Zennie Robert -- Fidelity Natl Title Co Of Or
Zennie Robert -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P&M Renovation Llc $202,500
Previous Owner Johnson Gregory Scott $201,677
Previous Owner Johnson Gregory Scott $150,000
Previous Owner Johnson Gregory Scott $150,000
Previous Owner Johnson Greg $70,000
Previous Owner Zennie Robert $235,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $265,000 -29.3% $124 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $375,000 -- $176 / 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 $3,832 $266,749 -- --
2023 $3,719 $258,981 $0 $0
2022 $3,617 $251,439 $0 $0
2021 $3,541 $244,117 $0 $0
2020 $3,239 $222,000 $0 $0
2019 $3,151 $215,535 $0 $0
2018 $3,026 $209,258 $0 $0
2017 $2,887 $203,164 $0 $0
2016 $2,540 $197,247 $76,340 $120,907
2015 $2,474 $191,503 $74,117 $117,386
2014 $2,466 $185,926 $0 $0
2013 -- $180,512 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17078576

Regional Multiple Listing Service (RMLS)

APN: 11912