NOT LISTED FOR SALE

581 S Edgewood St Seaside, OR 97138

Estimated Value: $762,304 - $1,134,000

8 Beds
6 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 21, 2018

Last sale price $387,500

Est. 145% increase in value since last sale

Current estimated payment $5,578/month

20 Days on Market

About This Home

As of May 2018

Fantastic income property opportunity. One 3-bdrm/1 bath charming home + detached one bedroom cottage + single story 1 bdrm/1 bth4-plex. 1/4-acre property could be split. All improvements share laundry & boiler heat. Home has fir floors, bead-board walls & ceiling, tons of period built-ins. Partial unfinished basement. Live in home, rent out & manage the five apartments, convert entire complex to short-term rentals or any combo thereof.

Last Agent to Sell the Property

Margaret Page

Coast Real Estate Professional License #920200054 Listed on: 03/28/2018

Co-Listed By

Steve Schwend

Coast Real Estate Professional License #201221342

Last Buyer's Agent

Margaret Page

Coast Real Estate Professional License #920200054 Listed on: 03/28/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 1924

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100' x 100'

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,214

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 100' x 100'
  • Lot Size Sq Ft: 8712.0
  • Co List Office Mls Id: 6
  • Directions: Hwy 101, West on G, Right on Edgewood, property on right.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5214.15
  • Tax Block: 24
  • Tax Lot: 12 & 13
  • Tax Map Number: 6 10 21 AC 17300
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 18, 2018
Sold by
Cordova Seaside Llc
Bought by
Paulson Jarnes M
Seller's Agent
Margaret Page
Coast Real Estate Professional
Buyer's Agent
Margaret Page
Coast Real Estate Professional
Sold Price
$387,500
Current Estimated Value
$948,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,652
Avg. Annual Appreciation
12.53%
Original Mortgage
$312,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2011
Sold by
Cordova Michael P and Cordova Lynn
Bought by
Cordova Seaside Llc

Purchase Details

Closed on
Jun 25, 2009
Sold by
Cordova Patricia M
Bought by
Cordova Michael P and Cordova Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Paulson Jarnes M $387,500 Ticor Title Ins Co
Cordova Seaside Llc -- None Available
Cordova Michael P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Paulson Jarnes M $312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold $387,500 -- --
Source: Oregon Coast Multiple Listing Service

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
2025 $7,137 $496,677 -- --
2024 $6,927 $482,212 -- --
2023 $6,723 $468,168 $0 $0
2022 $6,539 $454,533 $0 $0
2021 $6,372 $441,295 $0 $0
2020 $6,176 $428,442 $0 $0
2019 $5,746 $415,964 $0 $0
2018 $5,495 $392,384 $0 $0
2017 $5,214 $380,956 $0 $0
2016 $4,490 $369,861 $154,250 $215,611
2015 $4,413 $359,090 $149,758 $209,332
2014 $4,593 $348,632 $0 $0
2013 -- $338,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Page

    Seller's Agent in 2018

    Margaret Page

    Coast Real Estate Professional

    (503) 801-3603

    92 Total Sales

    Margaret Page
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Steve Schwend

    Coast Real Estate Professional

    Section Image
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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-17263

Oregon Coast Multiple Listing Service

APN: 11932

Oregon Clatsop County Seaside 97138

581 S Edgewood St, Seaside, OR

Not Listed for Sale

MultiFamily

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