NOT LISTED FOR SALE

581 S Edgewood St Seaside, OR 97138

Estimated Value: $568,551 - $877,000

8 Beds
6 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold May 21, 2018

Last sale price $387,500

Est. 87% increase in value since last sale

Current estimated payment $4,584/month

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 bath 4-plex. 1/4-acre property could be split. All improvements share laundry & boiler heat. Home has fir floors, bead-board walls and 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 Listed By

Margaret Page

Coast Real Estate Professional License #920200054 Listed on: 05/21/2018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,927

Year Built

1924

Lot Details

0

Listing Details

  • LIST135: 20
  • Listing Member Name: Margaret K. Page
  • Listing Office Short Id: 6
  • Minorarea: Seaside
  • Open House Office I D: 20060113214316618619000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 14
  • Selling Office Short Id: 6
  • Building Style: See Remarks
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 6.00
  • Basement Type: 2+Houses

Exterior Features

  • Number of Acres: 0.20

Garage/Parking

  • Garage Type: None

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Taxes: 5214.15

Schools

  • Schools: Seaside

Lot Info

  • Lot Dimensions: 100' x 100'
  • Zoning: R3

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Bedrooms: 8
  • Parking Per Unit: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 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
Total Days on Market
0
Current Estimated Value
$722,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,276
Avg. Annual Appreciation
8.90%
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

Range of Values:

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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
Previous Owner Cordova Seaside Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $387,500 0.0% $103 / Sq Ft
05/21/2018 05/21/18 Sold $387,500 -13.7% --
04/17/2018 04/17/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $449,000 -- $119 / Sq Ft
Source: Tillamook Board of REALTORS®

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 $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

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Map

Source: Tillamook Board of REALTORS®

MLS Number: 18-191

Tillamook Board of REALTORS®

APN: 11932