tomo logo

$975,000

Beds
3
Baths
1.0
sq ft
Unknown

695 N Pacific St, Rockaway Beach, OR 97136

695 N Pacific St

Rockaway Beach, OR 97136

  • 13 days on market
Rare Oceanfront STR (Short Term Rental) License, Transferrable at closing! Experience the beauty of coastal living in this charming 3-bedroom, 1-bathroom oceanfront home, perfectly situation with breathtaking views. Step inside to find an inviting open concept living space filled with natural light, featuring large windows that frame the sparking ocean and fill the home with soothing sounds of waves. The kitchen boasts seaside living, perfect for preparing meals while enjoying the beach. Both bedrooms are cozy yet spacious offering a tranquil retreat, The bathroom is stylishly updated with contemporary fixtures. Outside, the expansive deck is ideal for entertaining, sunbathing, or simply unwinding as the sun sets over the water. With direct beach access just steps from your door, this home offers the perfect blend of luxury and relaxation. Located in a peaceful, sought-after community. Conveniently close to shops, dining and outdoor activities, this property is perfect as a full-time residence, vacation home, or income-generating rental. Don't miss this rare opportunity to won you slice of Oceanfront paradise!

Details

Property type

Single Family Residence

Est. home value

$858,796

Lot size

3,920 sq ft

Price per sq ft

Unknown

Year built

1947

Annual property taxes

$3,021.09

HOA

No

Price History

02/21/2025
PortlandOR

PortlandOR #462446149

Listed
$975,000
02/18/2025
PortlandOR

PortlandOR #462446149

Pending
$975,000
02/10/2025
PortlandOR

PortlandOR #462446149

Listed
$975,000
+21.88%

Schools & Community

Elementary school: 

Garibaldi

Middle school: 

Neah-Kah-Nie

High school: 

Neah-Kah-Nie

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$584,249
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$312,751
Cash to seller
$584,249

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Summit Mortgage Corp

Loan start date

July 2017

Original loan amount

$369,750

Est. remaining balance

$312,751

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Timothy R Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 10:20 PM

Listing updated: 02/23/2025 at 12:55 AM

Listed by: Megan Despain, Keller Williams Sunset Corridor Phone #: (503) 270-5700

MLS: PortlandOR #462446149

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