$501,000
SOLD DEC 6, 2024

81911 Highway 103 Seaside, OR 97138

4 Beds
2 Baths
1,782 Sq Ft
12.75 Acres

Recently Sold

$281 Per Sq Ft

56% Below List Price

225 Days on Market

Highlights

  • 10 Horse Stalls
  • RV Access or Parking
  • 12.75 Acre Lot
  • Barn
  • River View
  • Deck

About This Home

As of December 2024

Breathtaking 12.75 acre horse property currently known as the Nehalem Valley Arabians, was featured on HGTV in 2000 for its unparalleled charm. This estate features two tax lots, ensuring ample space and privacy. At the heart of the property is an indoor horse arena, paired with 10 well-appointed stalls for the finest equine care. Nestled along the Nehalem River, this single level 4 bed + 2 bath home is one you won't want to miss! Call to schedule your private showing today!

Last Agent to Sell the Property

Michael Davis

Premiere Property Group, LLC License #201219959 Listed on: 02/25/2024

Premiere Property Group, LLC

Last Buyer's Agent

Kenna Maltman Walker

Rise Above Realty License #201255725

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 1997

Lot Details

  • 12.75 Acre Lot
  • River Front
  • Property fronts a private road
  • Dog Run
  • Cross Fenced
  • Net Fence
  • Secluded Lot
  • Level Lot
  • Private Yard
  • Garden
  • Raised Garden Beds

Parking

  • 2 Car Detached Garage
  • Carport
  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Property Views

  • River
  • Woods
  • Creek or Stream

Home Design

  • Converted Dwelling
  • Block Foundation
  • Composition Roof
  • Metal Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Natural Light
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Washer and Dryer
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Accessible Pathway

Outdoor Features

  • Boat Access Only
  • Deck
  • Shed
  • Outbuilding

Farming

  • Barn
  • Farm
  • 5 Acres of Pasture
  • Pasture

Horse Facilities and Amenities

  • 10 Horse Stalls
  • Covered Arena
  • Arena

Mobile Home

  • Manufactured Home With Land

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electricity To Lot Line
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3578

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$3,745

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1997
  • Property Condition: Resale
  • Property Sub Type: ManufacturedHomeonRealProperty
  • Architectural Style: DoubleWideManufactured
  • New Construction: No
  • Property Attached Yn: No
  • ElectricOnPropertyDesc: CallListingAgent
  • NumberOfStallsFarm: 10
  • Open House: No
  • PublicRemarksFarm: This is a horse farm located on the Nehalem River with an indoor arena and 10 horse stalls + tac Room. Electric throughout barn.
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleEntrance, BuiltinLighting, NaturalLighting, OneLevel, Pathway, UtilityRoomOnMain
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: HighCeilings, LaminateFlooring, Skylight, VaultedCeiling, WalltoWallCarpet, WasherDryer
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres10to20
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: Arena, Barn, BoatOnlyAccess, CoveredArena, Deck, DogRun, Fenced, Garden, Outbuilding, PrivateRoad, RaisedBeds, RVParking, ToolShed, Workshop, Yard
  • Farm Type: Farm
  • Lot Size: 10 to 19.99 Acres
  • Waterfront: Yes
  • Foundation Details: Block
  • R V Description: RVParking,RVBoatStorage
  • View: Yes
  • Fencing: CrossFenced, MeshFence
  • Lot Features: Level, Pasture, Private, PrivateRoad, Secluded
  • Road Surface Type: Gravel
  • Water Body Name: Nehalem
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition, Metal
  • View: CreekStream,River,TreesWoods

Garage/Parking

  • Garage Type: Carport,Detached
  • Parking Description: Driveway, Other
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Propane
  • Hot Water: Electricity
  • Internet Service Type: DSL
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: SepticTank
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Farm Addl Dwelling: Yes
  • Farm Addl Parcels Desc: rural
  • Farm Addl Parcels: Yes
  • Farm Fixtures Excluded: Yes
  • Farm Personal Property: No
  • Farm: Yes
  • Zoning: Res
  • Possible Use: Horses
  • Land Lease: No
  • Lot Size Acres: 12.75
  • Lot Size Sq Ft: 555390.0
  • Farm Credit Service Incl: Yes
  • Pasture Area: 5.0
  • Parcel #: 3578

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3744.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Nov 20, 2024
Sold by
Norman Max W and Norman Susan J
Bought by
Rae Vanleeuwen Erika and Rae Gary Stemper
Seller's Agent
Michael Davis
Premiere Property Group, LLC
Buyer's Agent
Kenna Maltman Walker
Rise Above Realty
List Price
$1,150,000
Sold Price
$501,000
Premium/Discount to List
-$649,000
-56.43%
Views
134
Current Estimated Value
$639,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,667
Avg. Annual Appreciation
40.15%
Original Mortgage
$435,000
Outstanding Balance
$433,426
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$207,574
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $501,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $501,000 +0.2% $281 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/22/2024 09/22/24 Price Changed $500,000 -13.0% $281 / Sq Ft
09/11/2024 09/11/24 Price Changed $575,000 -11.4% $323 / Sq Ft
07/21/2024 07/21/24 Price Changed $649,000 -7.2% $364 / Sq Ft
05/24/2024 05/24/24 Price Changed $699,000 -6.7% $392 / Sq Ft
04/01/2024 04/01/24 Price Changed $749,000 -11.0% $420 / Sq Ft
03/14/2024 03/14/24 Price Changed $841,250 -26.8% $472 / Sq Ft
02/25/2024 02/25/24 For Sale $1,150,000 -- $645 / 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 $3,871 $347,019 -- --
2023 $3,745 $336,912 -- --
Source: Public Records

Agents Affiliated with this Home

  • Michael Davis

    Seller's Agent in 2024

    Michael Davis

    Premiere Property Group, LLC

    (503) 440-2747

    84 Total Sales

    Michael Davis
    Section Image
  • Kenna Maltman Walker

    Buyer's Agent in 2024

    Kenna Maltman Walker

    Rise Above Realty

    (503) 440-2664

    11 Total Sales

    Kenna Maltman Walker
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24668186

Regional Multiple Listing Service (RMLS)

APN: 3578

Oregon Clatsop County Seaside 97138

81911 Highway 103, Seaside, OR

This home is located at 81911 Highway 103, Seaside, OR 97138 and is currently priced at $501,000, approximately $281 per square foot. This property was built in 1997. 81911 Highway 103 is a home located in Clatsop County with nearby schools including Jewell School.

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.

Regional Multiple Listing Service (RMLS) 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 © 2025 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.

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