NOT LISTED FOR SALE

861 S Hemlock St Cannon Beach, OR 97110

Estimated Value: $864,000 - $1,073,200

2 Beds
4 Baths
1,848 Sq Ft
$524/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $538,000 $291 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,383/month

94 Days on Market

About This Home

As of September 2018

Charming duplex nestled in the Presidential Streets of beautiful Cannon Beach. When you are ready to explore the town, you're just a short walk to downtown and mid-town to enjoy great restaurants, galleries and shopping. Beach access is just a block away. This is a great opportunity to own an investment property in Oregon's quaintest and most picturesque destinations.

Last Agent to Sell the Property

Abbas Atwi

Cascade Hasson Sotheby's International Realty License #201225596 Listed on: 05/18/2018

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Abbas Atwi

Cascade Hasson Sotheby's International Realty License #201225596 Listed on: 05/18/2018

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,792

Parking

  • Open Parking

Home Design

  • Shake Siding
  • Cedar

Additional Features

  • Level Lot
  • Heating System Uses Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

4,792 Sq Ft Lot

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1848
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ELK CREEK PARK LT 10 BLK 12

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Radiant

Lot Info

  • Lot Description: Level
  • Zoning: R2

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3363.90
  • Assessor Parcel Number: 6058
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Cannon Bch Acad
  • High School: Seaside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Nicholson Drake and Nicholson Nic Rosanne
Bought by
Nicholson Rosanne
Current Estimated Value
$968,800

Purchase Details

Listed on
May 18, 2018
Closed on
Sep 12, 2018
Sold by
Yapp Jeffrey Brooks and Yapp Tamara Ann
Bought by
Nicholson Drake G and Nicholson Rosanne P
Seller's Agent
Abbas Atwi
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Abbas Atwi
Cascade Hasson Sotheby's International Realty
List Price
$539,500
Sold Price
$538,000
Premium/Discount to List
-$1,500
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$403,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2006
Sold by
Yapp Jeffrey B and Yapp Tamara A
Bought by
Yapp Jeffrey Brooks and Yapp Tamara Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nicholson Rosanne -- None Available
Nicholson Drake G $538,000 Ticor Title Co Of Oregon
Yapp Jeffrey Brooks -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson Drake G $403,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $538,000 -0.3% $291 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $539,500 -- $292 / 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 $4,698 $378,611 -- --
2024 $4,640 $367,585 -- --
2023 $4,192 $356,880 $0 $0
2022 $4,083 $346,486 $0 $0
2021 $3,999 $336,395 $0 $0
2020 $3,930 $326,598 $0 $0
2019 $3,694 $317,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abbas Atwi

    Seller's Agent in 2018

    Abbas Atwi

    Cascade Hasson Sotheby's International Realty

    (503) 310-8464

    14 in this area

    52 Total Sales

    Abbas Atwi
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18109116

Regional Multiple Listing Service (RMLS)

APN: 6058

Oregon Clatsop County Cannon Beach 97110

861 S Hemlock St, Cannon Beach, OR

Not Listed for Sale

MultiFamily

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