tomo logo

$675,000

Beds
2
Baths
2.5
sq ft
Unknown

8905 Donald St, Rockaway Beach, OR 97136

8905 Donald St

Rockaway Beach, OR 97136

  • <1 day on market
Beach access is just a short stroll away from this adorable home in Nedonna Beach - the neighborhood nestled among endless recreational opportunities! The house is perfect for full-time living or as an investment. Located within city limits,the house carries an active STR license that is transferrable on sale. Rockaway Beach is one of the only places on the entire Oregon Coast that allow STR license's to be transferred with the sale of the home. The home is a great vacation home or purely investment property - be able to enjoy the house and let others pay for it.Over last 12 months - house generated $80,000 in gross revenue as an STR while also being used for personal use.Owners never allowed pets - the opportunity to generate more revenue as an STR is by allowing pets. House is being sold completely furnished and turnkey ready to start renting right away minus several personal items.. This lovely home features two bedrooms and bathrooms upstairs, with the potential to create a third bedroom from the loft space. You'll find a convenient half bathroom on the main level and an outbuilding with two rooms - one is currently used as a game room and the other a heated bunk room. There's also plenty of room for yard games, being situated on a spacious corner lot. Claim it before it's gone! Listing agent is related to the seller.

Details

Property type

Single Family Residence

Est. home value

$586,315

Lot size

6,098 sq ft

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$2,579.64

HOA

No

Price History

02/23/2025
PortlandOR

PortlandOR #221923349

Listed
$675,000
+16.38%
06/07/2023
PortlandOR

PortlandOR #23578242

Sold
$580,000

Schools & Community

Elementary school: 

Nehalem

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

$166,221
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$454,779
Cash to seller
$166,221

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

Seller’s Loan History

Lender

Premier Mortgage Resources Llc

Loan start date

June 2023

Original loan amount

$464,000

Est. remaining balance

$454,779

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Cameron Dixon and Emily Dixon

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?

Status: Active

Tomo last checked: 02/23/2025 at 10:25 PM

Listing updated: 02/23/2025 at 9:13 AM

Listed by: Jane Dixon, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #221923349

PortlandOR logo

Recently listed in Rockaway Beach