NOT LISTED FOR SALE

1113 N Hwy 101 Unit 15 Depoebay, OR 97341

Estimated Value: $708,000 - $989,000

2 Beds
2 Baths
1,759 Sq Ft
$928/mo HOA Fee

Last Sold July 31, 2023

Last sale price $800,000 $455 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,348/month

23 Days on Market

Highlights

  • Ocean Front
  • Den
  • Patio
  • Furnished
  • 1 Car Detached Garage
  • 1-minute walk to Cat Lick Rock State Park

About This Home

As of July 2023

Mesmerizing oceanfront views from a luxurious and high-producing vacation-rental. Spacious, nearly 1,800 sq.ft. condo with new flooring and floor-to-ceiling windows to enjoy ocean gazing and whale watching. Primary bedroom, with fireplace and walk-in closet, opens to oceanfront patio. Kitchen with newer stainless steel appliances, granite counters and tons of storage! Two bedrooms plus additional office/den. Sold fully furnished! Includes detached single car garage for additional storage. Village at North Pointe amenities include indoor pool, spa and workout room. Seller reports annual gross revenue over $76K, gross annual income of $41K distributed to owners. Buyers to do due diligence with city of Depoe Bay to confirm immediate availability of vacation rental license for new owners.

Last Listed By

Roland Woodcock

Seashore Homes Realty Brokerage Phone: 971-570-1256 License #200802191 Listed on: 05/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,489

Year Built

  • Built in 1999

Lot Details

  • 0.42

HOA Fees

  • $928 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Den
  • Tile Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Radiant Heating System
  • Electricity To Lot Line
  • Water Heater

Additional Features

  • Patio
  • Ocean Front

Listing and Financial Details

  • Tax Lot 60015
  • Assessor Parcel Number 091105B-60015-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Jeff Gilligan Association, Phone Number (503) 502-9374
  • Secondary HOA Phone (503) 502-9374
  • Village At North Pointe Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,489

Year Built

Built in 1999

Lot Details

0

HOA Fees

$928 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Road Surface Type: Paved
  • Subdivision Name: Village at North Pointe Condo
  • Directions: At the north end of Depoe Bay, turn directly into Village at North Pointe parking lot. There is a sign at the entrance. Unit #15 is on the ground floor in the middle of the complex.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 1999
  • Attribution Contact: 971-570-1256
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 60015
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Foundation:Slab: Yes
  • Miscellaneous:Den: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Siding:ShingleShake: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 928.0
  • Association Fee Frequency: Monthly
  • Phone: 503-502-9374
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Jeff Gilligan
  • CondoAssociation:Assoc Contact Phone: 503-502-9374

Fee Information

  • Association Fee Includes: Trash, Sewer, Insurance, Water

Lot Info

  • Parcel #: 091105B-60015-00
  • Zoning: C-1 Commercial

Tax Info

  • Tax Annual Amount: 6488.56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 27, 2023
Sold by
P & E Newkirk Living Trust
Bought by
Hueneke Family Llc
Seller's Agent
Roland Woodcock
Seashore Homes Realty
Buyer's Agent
Debra Williams
OREGON REALTY COMPANY
List Price
$845,000
Sold Price
$800,000
Premium/Discount to List
-$45,000
-5.33%
Total Days on Market
23
Views
3
Current Estimated Value
$868,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,240
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Mar 3, 2020
Sold by
Turk Investments Llc
Bought by
Newkirk Robert Phillip and Newkirk Eliane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2019
Sold by
Vantate Homes Llc
Bought by
Turk Investments Llc

Purchase Details

Closed on
Nov 26, 2018
Sold by
Rain City Capital Of Oregon Llc
Bought by
Vantage Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2018
Sold by
Ham Linda K and Ham Kenneth L
Bought by
Vantage Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2018
Sold by
Ham Linda K and Ham Kenneth L
Bought by
Vantage Homes Llc and Rain City Capital Orgeon Llc

Purchase Details

Closed on
Nov 8, 2006
Sold by
Ham Kenneth L and Ham Linda K
Bought by
Whale Crossing Llc

Range of Values:

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Average Value
Not Available
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
Hueneke Family Llc $800,000 Western Title
Newkirk Robert Phillip $480,000 Frontier Title
Turk Investments Llc -- None Available
Vantage Homes Llc -- None Available
Vantage Homes Llc $359,000 None Available
Vantage Homes Llc $359,000 None Available
Whale Crossing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newkirk Robert Phillip $384,000
Previous Owner Vantage Homes Llc $341,250
Previous Owner Vantage Homes Llc $316,514
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $800,000 -5.3% $455 / Sq Ft
05/27/2023 05/27/23 For Sale $845,000 -- $480 / 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 $6,993 $538,200 -- $538,200
2023 $6,682 $522,530 $0 $0
2022 $6,489 $507,320 $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 $4,756 $395,780 $0 $0
2014 $4,544 $395,780 $0 $0
2013 -- $439,750 $0 $0
Source: Public Records

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

MLS Number: 23-975

APN: R513476