NOT LISTED FOR SALE

849 1st Ave Seaside, OR 97138

Estimated Value: $687,487

-- Bed
-- Bath
3,358 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2024

Last sale price $735,000 $219 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,101 / mo

124 Days on Market

Highlights

  • Level Lot
  • Heating System Uses Gas
  • 3-minute walk to Seaside Promenade

About This Home

As of November 2024

Located four blocks from the Promenade, close to restaurants, shopping and entertainment. The lower unit is 3bdr, 1.5bth, with office and bonus room off of the main bedroom. Granite counters and tile in the kitchen with laminate flooring in the living space. Upstairs unit features 2bdr, 1bth with gas appliances. This duplex also features a non-conforming studio in the partially finished garage with a courtyard. The entire unit is equipped with security cameras and off-street parking for tenants' security.

Last Agent to Sell the Property

Michelle Jenkins

Berkshire Hathaway HomeServices NW Real Estate License #201226709 Listed on: 05/23/2024

Berkshire Hathaway HomeServices NW Real Estate

Co-Listed By

Wendy Hemsley

Berkshire Hathaway HomeServices Northwest Real Estate License #201235010

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,591

Year Built

  • Built in 1916

Lot Details

  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,358 Sq Ft Home
  • 2-Story Property

Schools

  • Pacific Ridge Elementary School
  • Seaside Middle School
  • Seaside High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number Not Found

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $7,441
  • Gross Income $42,600
  • Net Operating Income $35,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,591

Year Built

Built in 1916

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1916
  • Property Attached Yn: No
  • Current Price For Status: 735000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 6.0

Utilities

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

Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside
  • Middle Or Junior School: Seaside

Lot Info

  • Zoning: amet,
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3591.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.96
  • Annual Gross Income: 42600.0
  • Property Net Operating Income: 35159.0
  • Annual Operating Expense: 7441.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Nov 4, 2024
Sold by
Bought by
Seller's Agent
Michelle Jenkins
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$785,000
Sold Price
$735,000
Premium/Discount to List
-$50,000
-6.37%
Views
35
Current Estimated Value
$687,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,513
Avg. Annual Appreciation
-3.79%
Original Mortgage
$135,000
Outstanding Balance
$132,222
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$555,265

Purchase Details

Closed on
Oct 9, 2015
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$735,000 Ticor Title
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $735,000 -3.9% $219 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $765,000 -2.5% $228 / Sq Ft
05/24/2024 05/24/24 For Sale $785,000 -- $234 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,949 $274,808
2024 $3,833 $266,805
2023 $3,592 $250,136 $0 $0
2022 $3,494 $242,851 $0 $0
2021 $3,420 $235,779 $0 $0
2020 $3,340 $228,912 $0 $0
2019 $3,249 $222,245 $0 $0
2018 $3,120 $215,773 $0 $0
2017 $2,977 $209,490 $0 $0
2016 $2,619 $203,390 $46,859 $156,531
2015 $2,551 $197,467 $45,495 $151,972
2014 $2,543 $191,716 $0 $0
2013 -- $186,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24008072

Regional Multiple Listing Service (RMLS)

APN: 11509

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