NOT LISTED FOR SALE

621 S Pacific St Unit 2 Rockaway Beach, OR 97136

Estimated Value: $124,198 - $305,000

1 Bed
1 Bath
365 Sq Ft
$600/mo HOA Fee

Last Sold February 21, 2019

Last sale price $88,000 $241 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,713/month

89 Days on Market

Highlights

  • Ocean Front
  • Private Lot
  • Wood Frame Window
  • Nehalem Elementary School Rated 10
  • Furnished
  • Double Pane Windows

About This Home

As of February 2019

Ground level beachfront condo for under $100,000! 100% ownership. Successful vacation rental, this condo is the perfect weekend getaway, while generating income when you aren't in town. Gross rents are currently exceeding $15,000 per year! Walk out your front door to 7 miles of pristine beach with private access. HOA dues cover ALL utilities, including: electrical, cable, heating, and internet. Brand new roof, all furniture negotiable.

Last Agent to Sell the Property

Daniel Silvey

Knipe Realty ERA Powered License #201209834 Listed on: 11/16/2018

Knipe Realty ERA Powered

Last Buyer's Agent

Amy Schrader

eXp Realty LLC License #201206179

eXp Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $611

Year Built

  • Built in 1900

Lot Details

  • Ocean Front
  • Level Lot

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Studio
  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 365 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

  • Garibaldi Elementary School
  • Neah-Kah-Nie Middle School
  • Neah-Kah-Nie High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash
  • Internet Available

Additional Features

  • Covered Deck
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 259446

Community Details

Overview

  • 13 Units
  • Salt Air Condominiums Association, Phone Number (503) 260-9503
  • Getaway Condominiums Subdivision

Amenities

  • Community Deck or Porch
  • Common Area

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$611

Year Built

Built in 1900

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1900
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, Studio
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 13
  • Open House: No
  • Room 11 Features: Dishwasher
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: Furnished, VinylFloor
  • Window Features: DoublePaneWindows, WoodFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Stories: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: CoveredDeck
  • Waterfront: Yes
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess, Private
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Type: Shared
  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, Electricity, Insurance, Internet, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Penny Petrich
  • CondominiumAssociationName: Salt Air Condominiums
  • CondominiumAssociationPhone: 503-260-9503
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Garibaldi
  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie

Lot Info

  • Parcel #: 259446

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 611.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2024
Sold by
Nemeth Dennis and Nemeth Karen
Bought by
Nemeth Douglas and Nemeth Angela
Current Estimated Value
$201,050

Purchase Details

Closed on
Mar 25, 2021
Sold by
Galaxy Zoran M
Bought by
Nemeth Douglas and Nemeth Angela

Purchase Details

Listed on
Nov 16, 2018
Closed on
Feb 21, 2019
Sold by
Rockaway Studio Llc
Bought by
Galaxy Zoran M
Seller's Agent
Daniel Silvey
Knipe Realty ERA Powered
Buyer's Agent
Amy Schrader
eXp Realty LLC
List Price
$99,000
Sold Price
$88,000
Premium/Discount to List
-$11,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
May 4, 2017
Sold by
Coco Sebastian and Coco Mary
Bought by
Rockaway Studio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2013
Sold by
Styve Gayle Alex
Bought by
Coco Sebastian and Coco Mary
Source: Public Records

Range of Values:

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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
Nemeth Douglas -- None Listed On Document
Nemeth Douglas $102,500 Ticor Title
Galaxy Zoran M $88,000 Ticor Title
Rockaway Studio Llc $63,000 First American
Coco Sebastian $58,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rockaway Studio Llc $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2019 02/21/19 Sold $88,000 -11.1% $241 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $99,000 -- $271 / 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 $708 $72,340 -- $72,340
2023 $705 $70,240 $0 $70,240
2022 $683 $68,200 $0 $68,200
2021 $663 $66,220 $0 $66,220
2020 $645 $64,300 $0 $64,300
2019 $627 $62,430 $0 $62,430
2018 $611 $60,620 $0 $60,620
2017 $594 $58,860 $0 $58,860
2016 $577 $57,150 $0 $57,150
2015 $568 $55,490 $0 $55,490
2014 $560 $53,880 $0 $53,880
2013 -- $43,820 $0 $43,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18266248

Regional Multiple Listing Service (RMLS)

APN: R0259446