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1316 Bailey Lane

1316 Bailey Lane, Seaside, OR 97138
Property in Clatsop
Sold Feb 22, 2021
$345,000
$352,935 by Navy Fcu
Mortgage Due Mar 01, 2051
Sold Jul 31, 2008
$85,000
$164,000 by The Bank Of The Pacific
Mortgage Due Feb 01, 2039
Local assessors in Seaside, OR have categorized 1316 Bailey Lane as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 14,375 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 2 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1316 Bailey Lane has a total of 1,320 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a gable style roof that was made of composition shingle. Lots of shingles that aren't wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1316 Bailey Lane sold most recently in Feb 8, 2021 for a total of $345,000. If you work out the math, that's approximately a cost of $187.50 per sqft. Before that, the property was also sold for $85,000 in Jul 29, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,973 in taxes each year. 1316 Bailey Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $172,308. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Single (not wood)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAILEY SUBDIVISION
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAILEY SUBDIVISION 2

Ownership

  • Current Owner : ZARMBINSKI VICTORI JANE
  • Current Owner 2: EDWARDS JUSTICE JOHN
  • Previous Owner : PITTARD ANNELISE R
  • Previous Owner 2: NOLAN MIKHAIL E
  • Owner Before Previous Owner: OSBURN OLSON LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seaside School District 10
  • Census Tract: 950700

Geography

  • Assessors Map Reference: 7-10-34-SW-SE
  • Account Number: 56880
  • Section: 34CD
  • Parcel: 56880
  • Meridian: SEC 34 TWN 07 RNG 10
  • Municipality: GEARHART
  • Latitude: 46.0427
  • Longitude: -123.913

    Address

  • Full Address: 1316 Bailey Ln
  • Address - House Number: 1316
  • Address - Street Name: Bailey
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Seaside
  • Carrier Code: C001
  • 4-Digit Zip Code: 4071
  • Zip Code: 97138

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,973
  • Tax Rate Code Area: 1005

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 484,008
  • High Value: 559,960
  • Low Value: 408,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,935
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $352,935
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $406,941
  • Market Land Value: $124,226
  • Market Improvement Value: $282,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,308

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11819167328
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202101741
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jul 29, 2008
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $352,935
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF THE PACIFIC
  • Previous Mortgage Transaction Date: Jul 31, 2008
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 366
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2039

About Gearhart



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1316 Bailey Lane located in?
The 1316 Bailey Lane is a located in the neighborhood of Clatsop in Gearhart, Seaside.
What is the average sales price for listings in 1316 Bailey Lane?
The average sales price for units in 1316 Bailey Lane is $350,000 , or $265/sqft. currently.

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