Seller's Agent in 2024
Matt Wegner
Pacific Coastal Real Estate
(541) 698-6020
2 in this area
84 Total Sales
720 2nd St Brookings, OR 97415
Estimated Value: $541,070 - $781,000
4
Beds
8
Baths
4,736
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Storage
- Level Lot
- 5-minute walk to Bud Cross Park
- Baseboard Heating
About This Home
As of October 2024Welcome to a rare investment opportunity nestled in the picturesque coastal town of Brookings, Oregon. This fourplex presents an ideal chance for investors seeking a property with an excellent rental history and proximity to breathtaking beaches. Situated just moments away from the mesmerizing shoreline, this property offers a unique blend of coastal living and investment potential.Each unit within this well-maintained fourplex features a spacious 2-story layout, comprising 2 bedrooms and 1.1 bathrooms. Residents will appreciate the convenience of a designated carport and a shed, providing ample storage space for their belongings. Whether it's soaking in the sun on the nearby beaches or exploring the charming local amenities, this property offers an unparalleled lifestyle opportunity for tenants.Key Features:Prime Location: Close proximity to many beautiful beaches in BrookingsGreat Rental History: Perfect for investors seeking a lucrative income property2-Story Units: Spacious layout providing comfort and privacy for residentsCarport & Shed: Each unit comes with dedicated parking and additional storageInvestment Potential: Rare opportunity to own a fourplex in this sought-after locationDon't miss out on this exceptional investment opportunity in Brookings. Schedule a showing today to explore the potential of this unique fourplex and secure your stake in coastal real estate.
Last Agent to Sell the Property
Pacific Coastal Real Estate License #200604190 Listed on: 03/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,155
Year Built
- Built in 1975
Lot Details
- 0.31 Acre Lot
- Level Lot
Home Design
- Composition Roof
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 4,736 Sq Ft Home
- 2-Story Property
- Storage
- Crawl Space
Parking
- 8 Parking Spaces
- Carport
- Open Parking
Schools
- Azalea Middle School
- Brookings-Harbr High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes trashcollection, water
- Assessor Parcel Number R10558
Community Details
Overview
- 4 Units
- Property managed by Banana Belt Property MNGM
Building Details
- Operating Expense $21,891
- Gross Income $54,937
- Net Operating Income $33,046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2024
Closed on
Oct 16, 2024
Sold by
Tibor Rozsa And Julianna Rozsa Revocable and Gillispie Maria
Bought by
Merino Michael and Merino Mika
Seller's Agent
Matt Wegner
Pacific Coastal Real Estate
Buyer's Agent
Sara Jung
Century 21 Agate Realty/Gold
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,965
Avg. Annual Appreciation
-9.12%
Purchase Details
Closed on
Mar 25, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Rozsa Tibor and The Tibor Rozsa & Julianna Rozsa Revocab
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merino Michael | $750,000 | Curry County Title | |
| Rozsa Tibor | $157,700 | First American Title Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2024 10/23/24 | Sold | $750,000 | -5.7% | $158 / Sq Ft |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $795,000 | +6.0% | $168 / Sq Ft |
| 09/27/2024 09/27/24 | Off Market | $750,000 | -- | -- |
| 03/26/2024 03/26/24 | For Sale | $795,000 | -- | $168 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
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 | $3,348 | $354,120 | -- | -- |
| 2024 | $3,250 | $343,810 | -- | -- |
| 2023 | $3,155 | $333,800 | $0 | $0 |
| 2022 | $3,064 | $324,080 | $0 | $0 |
| 2021 | $2,974 | $314,650 | $0 | $0 |
| 2020 | $3,070 | $305,490 | $0 | $0 |
| 2019 | $2,819 | $296,600 | $0 | $0 |
| 2018 | $2,940 | $287,970 | $0 | $0 |
| 2017 | $2,832 | $287,970 | $0 | $0 |
| 2016 | $2,763 | $279,590 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Wegner
-
Sara Jung
Buyer's Agent in 2024
Sara Jung
Century 21 Agate Realty/Gold
(615) 478-4699
8 in this area
50 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24553702
APN: R10558
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Nearby Homes
- 731 3rd St Unit C / 3
- 1115 Ransom Ave
- 627 Richard St
- 711 1st St
- 814 Paradise Ln
- 970 Hassett St
- 1328 Heather Ln
- 918 Midland Way
- 861 Jodee Ln
- 6758 Jasmine Ct
- 728 Easy St
- 801 Brookhaven Dr Unit A
- 801 Brookhaven Dr
- 1405 View Ct
- 405 Arnold Ln
- 825 Brookhaven Dr Unit B
- 6923 Oakwood Ct
- 980 Brooke Ln
- 0 Brooke Ln Unit 4
- 925 Brooke Ln
Your Personal Tour Guide
Ask me questions while you tour the home.