NOT LISTED FOR SALE

941 Beach Dr Unit 955 Seaside, OR 97138

Estimated Value: $615,000 - $674,040

5 Beds
4 Baths
3,198 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $500,000 $156 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,892/month

8 Days on Market

About This Home

As of December 2020

Here is an investment opportunity in SW Seaside. Two cottages and one duplex on Beach drive. Only 250' from South Prom. There is a 100' X 100' lot with off street parking. Cottages have washers and dryers. The duplex has a shared laundry room. Gas heat in all units.

Last Agent to Sell the Property

George Stacey

John L. Scott Seaside License #780403257 Listed on: 09/14/2020

Last Buyer's Agent

Jessica Dornin

Totem Properties LLC License #201203376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,793

Year Built

1912

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3198
  • Stories: 1
  • Year Built: 1912
  • Property Condition: Existing
  • Remarks Public: Here is an investment opportunity in SW Seaside. Two cottages and one duplex on Beach drive. Only 250' from South Prom. There is a 100' X 100' lot with off street parking. Cottages have washers and dryers. The duplex has a shared laundry room. Gas heat in all units.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HERMOSA PARK LT 14, 15 BLK 23
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cedar, Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Block
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Unfurnished, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R-3

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 6433.94
  • Assessor Parcel Number: 12478
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 201.47

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Elk Mountain Property Solutions Inc
Bought by
Elk Mountain Property Solutions Inc
Current Estimated Value
$647,510

Purchase Details

Listed on
Sep 14, 2020
Closed on
Dec 1, 2020
Sold by
Hawken Richard L
Bought by
Elk Mountain Property Solutions Inc
Seller's Agent
George Stacey
John L. Scott Seaside
Buyer's Agent
Jessica Dornin
Totem Properties LLC
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$401,800
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Elk Mountain Property Solutions Inc -- None Listed On Document
Elk Mountain Property Solutions Inc $500,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elk Mountain Property Solution $506,250
Previous Owner Elk Mountain Property Solutions Inc $401,800
Previous Owner Hawken Richard L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $500,000 -8.9% $156 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $549,000 -- $172 / 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 $3,793 $264,030 -- --
2023 $7,162 $498,774 $0 $0
2022 $6,967 $484,248 $0 $0
2021 $6,819 $470,145 $0 $0
2020 $6,632 $456,452 $0 $0
2019 $6,434 $443,158 $0 $0
2018 $6,129 $430,252 $0 $0
2017 $5,775 $417,721 $0 $0
2016 $4,977 $405,555 $205,068 $200,487
2015 $4,945 $393,744 $199,096 $194,648
2014 $5,071 $382,277 $0 $0
2013 -- $371,143 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20440405

Regional Multiple Listing Service (RMLS)

APN: 12478