NOT LISTED FOR SALE

930 Oceanway St Seaside, OR 97138

Estimated Value: $427,181 - $550,000

5 Beds
4 Baths
2,696 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $297,000 $110 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,048/month

3 Days on Market

About This Home

As of July 2018

Investment Opportunity!!! Triplex PLUS cottage. Fully occupied with established month-to-month tenants. Commercially zoned. Please do not disturb the tenants.

Last Listed By

Tracey Ellison

Realty One Group Prestige License #201216077 Listed on: 05/23/2018

Realty One Group Prestige

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 1910

Lot Details

  • 4,792

Parking

  • Assigned Parking

Home Design

  • Shingle Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,935

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2696
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Approximately
  • Remarks Public: Investment Opportunity!!! Triplex PLUS cottage. Fully occupied with established month-to-month tenants. Commercially zoned. Please do not disturb the tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: OCEAN GROVE 1ST ADD LT 12 BLK 3

Exterior Features

  • Exterior Description: Cedar, Shingle Siding
  • Lot Size: 3,000 to 4,999 SqFt

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Unfurnished

Schools

  • Elementary School: Seaside Hts
  • Middle School: Broadway
  • High School: Seaside

Lot Info

  • Zoning: C4

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2360.87
  • Assessor Parcel Number: 11506
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.42

MLS Schools

  • Elementary School: Seaside Hts
  • High School: Seaside
  • Middle School: Broadway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 3, 2018
Sold by
Brown Mile
Bought by
Montero William S and Montero Robin L
Seller's Agent
Tracey Ellison
Realty One Group Prestige
Buyer's Agent
Sandi Bennett
Coast Realty LLC
List Price
$309,000
Sold Price
$297,000
Premium/Discount to List
-$12,000
-3.88%
Total Days on Market
3
Current Estimated Value
$500,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,795
Avg. Annual Appreciation
7.88%
Original Mortgage
$222,750
Outstanding Balance
$195,451
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$305,344

Purchase Details

Closed on
Jun 6, 2007
Sold by
Clark Jeanne
Bought by
Brown Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Montero William S $297,000 Ticor Title Co Of Oregon
Brown Mike $268,000 Pacific Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montero William S $222,750
Previous Owner Brown Michael $251,300
Previous Owner Brown Mike $26,800
Previous Owner Brown Mike $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2018 07/05/18 Sold $297,000 -3.9% $110 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $309,000 -- $115 / 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 $2,935 $204,293 -- --
2023 $2,848 $198,343 $0 $0
2022 $2,770 $192,567 $0 $0
2021 $2,712 $186,959 $0 $0
2020 $2,648 $181,514 $0 $0
2019 $2,576 $176,228 $0 $0
2018 $2,474 $171,096 $0 $0
2017 $2,361 $166,113 $0 $0
2016 $2,077 $161,276 $66,380 $94,896
2015 $2,022 $156,580 $64,447 $92,133
2014 $2,016 $152,020 $0 $0
2013 -- $147,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18080607

Regional Multiple Listing Service (RMLS)

APN: 11506