NOT LISTED FOR SALE

106 Wade Rd Siletz, OR 97380

Estimated Value: $405,000 - $464,000

3 Beds
1 Bath
1,510 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $350,000 $232 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,634/month

62 Days on Market

Highlights

  • Forest View
  • No HOA
  • Living Room
  • Traditional Architecture
  • Covered Patio or Porch
  • Zoned Cooling

About This Home

As of February 2022

Perfectly situated on a sprawling 3+ acre lot sits this well-maintained, single story Traditional, which boasts 3 spacious bedrooms and 1 perfectly appointed bath. Tucked behind a lush grapevine trellis, the circular drive leads you to the charming 1,425+ sq ft home, surrounded by a dense green forest, lushly landscaped grounds and mature fruit trees. With an open floor plan, warmed by a timeless wood stove with bricked hearth, the expansive living room is flooded with natural light. The updated galley style kitchen showcases new stainless steel appliances, freshly painted cabinets with modern hardware, breakfast bar and open dining area. The oversized primary bedroom boasts two walk-in closets, one of which is large enough to be an en-suite bath! Two sun-filled, generous sized guest bedrooms, a perfect contemporary bath and a spacious laundry room complete this gorgeous home. The park-like outdoor space provides rolling green lawns, multiple established garden beds and abundant berry and fruit trees. Perfect for the wildlife enthusiast and a sanctuary to deer and other woodland creatures, the property is encompassed by thick forest of towering Spruce, Douglas Fir and many other native Evergreens. A wooden bridge leads you across a flowing creek that opens to a majestic, private campground perfect for family gatherings in the heart of the forest. A bonus stick built workshop is ready to customize and make your own. A one of a kind self-sustaining property that is too great to miss!

Last Agent to Sell the Property

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 12/23/2021

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

April Munoz-Valladolid

Coldwell Banker Professional Group - Newport License #201245149

Coldwell Banker Professional Group - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1956

Lot Details

  • 3.01 Acre Lot
  • Property is zoned RR Rural Residential

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Forest Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shop

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 600
  • Assessor Parcel Number 10100400-600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,219

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 3.01
  • Lot Size Sq Ft: 131115.6
  • Road Surface Type: Gravel
  • Directions: Head North on Hwy 229 from Siletz then take left on Wade road. House and sign on the right.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1956
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 3.01
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 600
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Foundation:Block2: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Covered Porch: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Sewerseptic In: Yes
  • Outbuildings:Shop: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Vinyl

Exterior Features

  • View: None
  • Other Structures: Shop
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Well
  • HeatingCooling:Electric WallZone: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 10100400-600-00
  • Zoning: RR Rural Residential

Tax Info

  • Tax Annual Amount: 2219.35
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2021
Closed on
Feb 2, 2022
Sold by
Dean Worman Rodney
Bought by
Worman Erika Lynn
Seller's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
April Munoz-Valladolid
Coldwell Banker Professional Group - Newport
List Price
$424,900
Sold Price
$350,000
Premium/Discount to List
-$74,900
-17.63%
Current Estimated Value
$445,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,617
Avg. Annual Appreciation
7.06%
Original Mortgage
$350,000
Outstanding Balance
$328,074
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$117,183
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
Worman Erika Lynn $350,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worman Erika Lynn $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $350,000 -17.6% $232 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $424,900 -- $281 / 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 $2,470 $191,090 -- --
2023 $2,393 $185,530 $0 $0
2022 $2,321 $180,130 $0 $0
2021 $2,264 $174,890 $0 $0
2020 $2,219 $169,800 $0 $0
2019 $2,075 $164,860 $0 $0
2018 $2,095 $160,060 $0 $0
2017 $2,002 $155,400 $0 $0
2016 $1,926 $150,880 $0 $0
2015 $1,674 $146,490 $0 $0
2014 $1,604 $139,970 $0 $0
2013 -- $142,230 $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: 21-2539

APN: R60193