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40 Avenue U

Seaside, OR 97138

1 bd 1 ba 276 sqft Built 1952 condo
Most recent sale
$112,000
Jan 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 4, 2023 Sold $165,000 RMLS
Nov 21, 2022 Listed $199,000 Clatsop
Jan 24, 2022 Sold $112,000 MLS #21635698

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $50,478 $732
2020 $49,008 $715
2019 $47,581 $696
2018 $46,196 $668
2017 $44,851 $637
2016 $43,545 $561
2015 $42,277 $546
2014 $41,046 $544
2013 $39,851 $531
2012 $38,691 $524
2011 $37,565 $513
2010 $36,471 $505
2008 $33,377 $475

Property facts

Year built
1952
Property type
condo
Stories
Beds
1
Baths
1
Living area
276 sqft
Lot size
ZIP code
97138
City
Seaside
Street
Avenue U
Coordinates
45.98074, -123.93338

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$552
Gross rental yield
5.91%
Implied cap rate
3.84%
Trend-extrapolated value

Frequently asked questions

When did 40 Avenue U last sell?
40 Avenue U most recently sold on Jan 24, 2022 for $112,000.
What is the current tax assessment for 40 Avenue U?
The most recent total assessment for 40 Avenue U (year 2021) is $50,478 with $732 in property tax.
How does 40 Avenue U's assessment compare to its last sale price?
The current assessment is 54.9% below the last sale price of $112,000.
When was 40 Avenue U built?
40 Avenue U was built in 1952.
How does 40 Avenue U compare to others on Avenue U?
We track 8 other properties on Avenue U. Browse the list under "Other properties on Avenue U" to compare beds, baths, and sale history.
What are the property facts for 40 Avenue U?
40 Avenue U is a 1 bed, 1 bath, 276 sqft condo.
Is 40 Avenue U a flip candidate?
Yes — 40 Avenue U appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Avenue U a tax-appeal candidate?
No — 40 Avenue U is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.6%
Implied 1-yr
-10.3%
2026 Q3
$507K
2026 Q4
$491.2K
ZIP 97138 — Median Price History + Forecast

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