$900,000
SOLD DEC 13, 2024

1113 N Highway 101 Unit 25 Depoe Bay, OR 97341

3 Beds
2 Baths
1,759 Sq Ft
$1,150/mo HOA Fee

Recently Sold

$512 Per Sq Ft

2% Above List Price

42 Days on Market

Highlights

  • Ocean Front
  • Indoor Pool
  • Covered Deck
  • Fitness Center
  • Cape Cod Architecture
  • 1-minute walk to Depoe Bay Scenic Park

About This Home

As of December 2024

Buyers remorse. Back on Market. Remarkable oceanfront Turnkey 3 bedroom high-producing vacation rental in Depoe Bay in desirable The Village at North Pointe. New owners may continue vacation rental or move right in and enjoy full-time beach life. 'Ocean's Edge' is a luxurious oceanfront condo earning numerous 5-star reviews with repeat guests. The Sellers report 2023 annual gross revenue of over 69K with a yearly income of 47K distributed to owners. Every detail is meticulously crafted for your comfort and enjoyment. Large windows flood the space with natural light, offering breathtaking views of the Pacific Ocean crashing on the basalt rock below. Pride in ownership shows with many recent updates, ask for the complete list! The primary bedroom opens to an oceanfront patio for spectacular sunsets and whale watching too. A cozy double-sided fireplace is shared with the primary suite and living room. The fully-equipped kitchen features newer stainless steel appliances, and granite counters with storage galore! A detached one-car garage will convey. The Village at North Pointe amenities include a clubhouse with a pool table, theatre, indoor pool, spa, and workout room. Owners are selling this condo with everything you need to continue using as an income property or to begin living beach life luxuriously. Buyers to do due diligence with the City of Depoe Bay to confirm the immediate availability of the vacation rental license for new owners. Don't miss the spectacular 'Ocean's Edge' condo.

Last Agent to Sell the Property

Judy Vial

Taylor & Taylor Realty Co. License #201231547 Listed on: 10/09/2024

Last Buyer's Agent

Judy Vial

Taylor & Taylor Realty Co. License #201231547 Listed on: 10/09/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $1,150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Deeded Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Free-Standing Range
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Indoor Pool
  • Covered Deck

Location

  • Upper Level

Schools

  • Oceanlake Elementary School
  • Taft Middle School
  • Taft High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number R513498

Community Details

Overview

  • 52 Units
  • The Village At North Pointe Association, Phone Number (503) 502-9374
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,491

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,150 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1999
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Capecod
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitLevel: 2
  • CondominiumUnitsInComplex: 52
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: HardwoodFloors
  • Room 12 Features: Deck,Fireplace
  • Room 13 Features: Bathroom,Deck,Fireplace
  • Room 7 Features: Bathroom
  • CondominiumTotalLevels: 3
  • Unit Floor Number: 2
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Elevator, Furnished, Granite, HardwoodFloors, IndoorPool, JettedTub, Laundry, LuxuryVinylPlank, WalltoWallCarpet, WasherDryer, WoodFloors
  • Appliances: FreeStandingRange, GasAppliances, Granite, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Exterior Features: CoveredDeck, Deck
  • Waterfront: Yes
  • Foundation Details: Block
  • View: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Other
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 0.00

Utilities

  • Fuel Description: Other
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: AllLandscaping, ExteriorMaintenance, Internet, Pool, RecreationFacilities, Sewer, SpaHotTub, Trash, Water, WeightRoom
  • Senior Community: No
  • Association Fee: 1150.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Jeff
  • CondominiumAssociationEmail: jeffgilligan90@gmail.com
  • CondominiumAssociationName: The Village at North Pointe
  • CondominiumAssociationPhone: 503-502-9374
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Oceanlake
  • High School: Taft
  • Middle Or Junior School: Taft

Lot Info

  • Farm: No
  • Zoning: C-1
  • Land Lease: No
  • Parcel #: R513498

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6490.54
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Dec 11, 2024
Sold by
Midges Coast Holdings Llc
Bought by
Koanna Limited Liability Company
Seller's Agent
Judy Vial
Taylor & Taylor Realty Co.
Buyer's Agent
Judy Vial
Taylor & Taylor Realty Co.
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%
Views
32
Current Estimated Value
$912,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,223
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Jun 12, 2019
Sold by
Mildred L Rasmussen Rlt
Bought by
Maslanik Miriam K and Maslanik James A

Purchase Details

Closed on
Aug 19, 2011
Sold by
The Bank Of New York Mellon
Bought by
Rasmussen Mildred L and Mildred L Rasmussen Revocable Living Tru

Purchase Details

Closed on
Oct 8, 2010
Sold by
Ham Kenneth and Ham Linda K
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 19, 2006
Sold by
Ham Kenneth L and Ham Linda K
Bought by
Whale Song Llc

Purchase Details

Closed on
Jan 31, 2006
Sold by
Bisonett Gary L and Bisonett Judith A
Bought by
Ham Kenneth and Ham Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $900,000 Western Title
Warranty Deed $900,000 Western Title
Warranty Deed $425,000 Amerititle
Bargain Sale Deed -- First American Title Ins Co
Trustee Deed $405,000 Wte
Bargain Sale Deed -- None Available
Warranty Deed $595,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,500 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $900,000 +2.3% $512 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $880,000 0.0% $500 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $880,000 -- $500 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,793 $522,800 -- $522,800
2023 $6,491 $507,580 $0 $0
2022 $6,303 $492,800 $0 $0
2021 $6,341 $478,450 $0 $0
2020 $5,490 $411,610 $0 $0
2019 $5,773 $446,790 $0 $0
2018 $5,389 $418,640 $0 $0
2017 $4,723 $365,870 $0 $0
2016 $4,467 $344,760 $0 $0
2015 $4,744 $394,800 $0 $0
2014 $4,498 $391,820 $0 $0
2013 -- $391,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24666591

Regional Multiple Listing Service (RMLS)

APN: R513498