NOT LISTED FOR SALE

970 S Edgewood St Seaside, OR 97138

Estimated Value: $518,000 - $690,000

4 Beds
2 Baths
2,206 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $435,000 $197 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,926/month

214 Days on Market

Highlights

  • Mountain View
  • Forced Air Heating System
  • Wood Siding
  • Attached Garage
  • Level Lot

About This Home

As of July 2020

If you are planning your next investment and are ready to make a decision, then this unique duplex located in Seaside's Southwest neighborhood might be the one. Lovely fully furnished house,2 bdrm, 1 bath. Rental unit has 3 bdrm, 2 bath. This location is just blocks to the beach, shopping and downtown Seaside. Whether you are wanting a beach get away or an investment, this is the one!

Last Listed By

Patricia Ordway

Cascade Hasson Sotheby's International Realty License #790800175 Listed on: 10/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1948

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Crawl Space
  • Storage In Attic

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Gross Income $17,100

Listing and Financial Details

  • Assessor Parcel Number 12501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,375

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attic
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: ShingleSiding,WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

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

Schools

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

Lot Info

  • Zoning: R3
  • Parcel #: 12501

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4375.12

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 26.02
  • Annual Gross Income: 17100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Jul 13, 2020
Sold by
Hatley Michael N and Hatley Eileen A
Bought by
Bynoe Ronald James and Bynoe Judith
Seller's Agent
Patricia Ordway
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Rachael Osmon
Omni Realty Group, LLC
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%
Total Days on Market
214
Current Estimated Value
$628,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,856
Avg. Annual Appreciation
7.29%
Original Mortgage
$427,121
Outstanding Balance
$384,600
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$226,763

Purchase Details

Closed on
Apr 5, 2017
Sold by
Tippit Celia L
Bought by
Gaven Meghan and Tippit Margaret

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
Bynoe Ronald James $435,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bynoe Ronald James $427,121
Previous Owner Hatley Michael N $249,600
Previous Owner Hatley Michael N $252,000
Previous Owner Hatley Michael N $407,129
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $435,000 -2.2% $197 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
10/26/2019 10/26/19 For Sale $445,000 -- $202 / 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 $5,280 $367,529 -- --
2023 $5,124 $356,825 $0 $0
2022 $4,984 $346,433 $0 $0
2021 $4,796 $330,660 $0 $0
2020 $4,684 $321,030 $0 $0
2019 $4,556 $311,680 $0 $0
2018 $4,375 $302,603 $0 $0
2017 $4,175 $293,790 $0 $0
2016 $3,544 $285,234 $77,127 $208,107
2015 $3,421 $276,927 $74,881 $202,046
2014 $3,469 $268,862 $0 $0
2013 -- $261,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19363810

Regional Multiple Listing Service (RMLS)

APN: 12501