NOT LISTED FOR SALE

1044 King St Yachats, OR 97498

Estimated Value: $606,000 - $705,113

3 Beds
2 Baths
1,472 Sq Ft
$436/Sq Ft Est. Value

Last Sold October 10, 2016

Last sale price $171,000 $116 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $3,807/month

33 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Beamed Ceilings
  • Vaulted Ceiling
  • No HOA
  • Living Room

About This Home

As of October 2016

The Driveway is Steep and rough.Not good for a drive-by. This is a three level home with ocean view, 3 bedrooms, 2 baths, unfinished 640 sq.ft. basement which was in the process of being remodeled. The work was never finished.This home has great potential but needs finishing. Property is being sold AS-IS. Realtors showing the home should use a Vehicle with 4 wheel drive.

Last Agent to Sell the Property

Marijke 'Mike' Frederick

John L Scott Lincoln City Listed on: 08/11/2016

Co-Listed By

Joseph Kirk

John L Scott Lincoln City

Last Buyer's Agent

Chris Watkins

Windermere WCP Real Estate Gallery

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R-1 Residential, Single Family

Home Design

  • Traditional Architecture
  • Metal Roof
  • Cedar Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Hanley Terraces Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 3
  • Assessor Parcel Number 141227AD-15000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,378

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.5
  • Lot Size: .50 Acre
  • Lot Size Sq Ft: 21780.0
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Hanley Terraces
  • Directions: Hwy 101 in Yachats. Turn East on 9th St, Left on King Street. There will be a red marked Stake and address on Driveway. Drive way is shared by 3 Homes, follow the long steep rough driveway to the top.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1958
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.5
  • Location Tax and Other Information:Tax Lot: 15000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: .50 Acre
  • Location Tax and Other Information:Subdv ParcelLot: 3
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Roof:Metal: Yes
  • Sewer:City Property2: Yes
  • Flooring:Tile2: Yes
  • Ceiling:Beam: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Carpet, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Roof: Metal

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 141227AD-15000-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 2377.78
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Wert Rob
Bought by
Wert Rebecca Bendorf
Current Estimated Value
$641,704

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 27, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wert Rebecca and Wert Rob
Seller's Agent
Marijke 'Mike' Frederick
John L Scott Lincoln City
Buyer's Agent
Chris Watkins
Windermere WCP Real Estate Gallery
List Price
$189,900
Sold Price
$171,000
Premium/Discount to List
-$18,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%

Purchase Details

Closed on
Dec 4, 2015
Sold by
Rowan Janice L
Bought by
Federal Home Loan Mortgage Corporation
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
Wert Rebecca Bendorf -- None Listed On Document
Wert Rebecca $171,000 Wte
Federal Home Loan Mortgage Corporation $97,428 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowan Janice L $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2016 10/10/16 Sold $171,000 -10.0% $116 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $189,900 -- $129 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

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 $4,657 $333,440 -- --
2023 $4,169 $299,570 $0 $0
2022 $3,756 $290,850 $0 $0
2021 $3,177 $243,230 $0 $0
2020 $3,123 $236,150 $0 $0
2019 $3,005 $229,280 $0 $0
2018 $2,962 $222,610 $0 $0
2017 $2,847 $216,130 $0 $0
2016 $2,636 $210,960 $0 $0
2015 $2,378 $203,730 $0 $0
2014 $2,507 $213,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 16-2480

APN: R500285