NOT LISTED FOR SALE

Seaside, OR 97138

Estimated Value: $913,147

5 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $739,900

Est. 23% increase in value since last sale

Current estimated payment $5,348/month

17 Days on Market

About This Home

As of July 2021

Unique investment opportunity just 2 blocks from the beach and Seaside Prom. Imagine owning 2 properties and generating income while you relax on the beach. The main house is a 1928 Craftsman bungalow with a 600 square foot master suite.The unit directly behind has 2 apartments for monthly or vacation rentals. The private backyard features a hot beach shower and fire pit to warm up by after a hard day of surfing. Downtown restaurants, bars and shops are just a short walk away.

Last Agent to Sell the Property

Ashley Flukinger

Premiere Property Group, LLC License #201217311 Listed on: 04/01/2021

Premiere Property Group, LLC

Last Buyer's Agent

Andrea Mazzarella

Fathom Realty Oregon, LLC License #201217183

Fathom Realty Oregon, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,478

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 4,792

Home Design

  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Schools

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

Utilities

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

Community Details

  • 3 Units
  • Gross Income $4,800

Listing and Financial Details

  • Assessor Parcel Number 11903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,478

Year Built

Built in 1928 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1928
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Storage: Basement,Deck
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: ShingleSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Other
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Security: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R3
  • Parcel #: 11903

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 5478.11

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 156.23
  • Annual Gross Income: 4800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 29, 2021
Sold by
Nye Margot P
Bought by
Swanson Jeffrey and Swanson Laurie
Seller's Agent
Ashley Flukinger
Premiere Property Group, LLC
Buyer's Agent
Andrea Mazzarella
Fathom Realty Oregon, LLC
List Price
$749,900
Sold Price
$739,900
Premium/Discount to List
-$10,000
-1.33%
Current Estimated Value
$913,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,247
Avg. Annual Appreciation
5.06%
Original Mortgage
$339,000
Outstanding Balance
$307,590
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$605,557

Purchase Details

Closed on
Jan 24, 2018
Sold by
Nye Tracy and Nye Margot P
Bought by
Nye Margot P

Purchase Details

Closed on
Nov 8, 2011
Sold by
Langston Frances J
Bought by
Nye Tracy and Nye Margot P

Purchase Details

Closed on
Jan 7, 2005
Sold by
Pendergrass Mary M and Pendergrass John B
Bought by
Langston Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
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
Swanson Jeffrey $739,900 Ticor Title Ins Co
Nye Margot P -- None Available
Nye Tracy $330,000 Ticor Title Ins Co
Langston Frances J $245,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Jeffrey $339,000
Previous Owner Langston Frances J $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $739,900 -1.3% --
04/18/2021 04/18/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $749,900 -- --
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 $6,071 $422,595 -- --
2023 $5,891 $410,287 $0 $0
2022 $5,731 $398,338 $0 $0
2021 $5,609 $386,737 $0 $0
2020 $5,478 $375,473 $0 $0
2019 $5,329 $364,538 $0 $0
2018 $5,117 $353,921 $0 $0
2017 $4,884 $343,614 $0 $0
2016 $4,296 $333,607 $89,833 $243,774
2015 $4,183 $323,891 $87,217 $236,674
2014 $4,171 $314,458 $0 $0
2013 -- $305,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Flukinger

    Premiere Property Group, LLC

    (503) 440-2951

    21 Total Sales

    Ashley Flukinger
    Section Image
  • Andrea Mazzarella

    Buyer's Agent in 2021

    Andrea Mazzarella

    Fathom Realty Oregon, LLC

    (503) 338-8344

    106 Total Sales

    Andrea Mazzarella
    Section Image
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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21526340

Regional Multiple Listing Service (RMLS)

APN: 11903

Oregon Clatsop County Seaside

97138

This home since 01 April 2021 and is currently priced at $913,147. This property was built in 1928. This home is a home located in Clatsop County with nearby schools including Seaside High School.

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