$719,000
SOLD APR 9, 2021
3 Beds
4 Baths
2,750 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

3 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • 3-minute walk to Otter Rock Marine Garden and Beach

About This Home

As of May 2024

Let the ocean lull you to sleep in this beautiful contemporary home in the gated community of Sea Crest. This unique & private setting offers ocean views and shelter from northerly wind & fog. Some of the many features of the home include lots of natural light, heated floors, a steam shower, open floor plan, a deck with hot tub and endless pool, and also a patio to enjoy the outdoor living aspects of life at the coast. The Sea Crest community is built on coastal cliffs in a native forest with lots of trails along the oceanfront and through the forest in a wonderful park-like setting.

Last Agent to Sell the Property

Bonnie Saxton

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #860400091 Listed on: 03/03/2021

Co-Listed By

Marilyn Grove

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201234999

Last Buyer's Agent

Stacey Clendenin

Coldwell Banker Professional Group - Newport License #201220935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,155

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned PD - Planned Development

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Forest

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Security System Owned

Kitchen

  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Radiant Heating System
  • Electricity To Lot Line
  • Propane
  • Water Heater
  • Community Sewer or Septic

Community Details

  • Sea Crest At Otter Rock Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 091132BA-4400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,155

Year Built

Built in 2003

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Road Surface Type: Paved
  • Subdivision Name: Sea Crest at Otter Rock
  • Directions: Hwy 101 turn West into Otter Rock Loop, take a left on Otter Crest Road to gated Sea Crest community. Keep to your right once inside the gates.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2003
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 0.22
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 4400
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Daylight
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 11
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Alarm System:Yes - Owned: Yes
  • Flooring:Tile2: Yes
  • Siding:Shingle2: Yes
  • Water:Community: Yes
  • Sewer:Community2: Yes
  • Ceiling:Beam: Yes
  • Lot Type:Cul De Sac: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Ocean
  • Foundation Details: Slab
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Radiant
  • Heating Yn: Yes
  • Water Source: Community
  • HeatingCooling:Electric Forced Air: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Association Fee: 161.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Lot Info

  • Parcel #: 091132BA-4400-00
  • Zoning: PD - Planned Development
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7155.23
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 9, 2021
Sold by
Builder Kenneth Mark and Kenneth Mark Builder Trust
Bought by
Peterson Mark J and Peterson Suzanne F
Seller's Agent
Bonnie Saxton
Advantage Real Estate
Buyer's Agent
Stacey Clendenin
Coldwell Banker Professional Group - Newport
List Price
$719,000
Sold Price
$719,000
Current Estimated Value
$985,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,466
Avg. Annual Appreciation
7.70%
Original Mortgage
$575,200
Outstanding Balance
$524,162
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$461,304
Source: Public Records

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Range of Values:

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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 $719,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,200 VA
Previous Owner $339,584 New Conventional
Previous Owner $381,745 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $99,900 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $986,500 -10.3% $359 / Sq Ft
03/14/2024 03/14/24 For Sale $1,100,000 +53.0% $400 / Sq Ft
04/09/2021 04/09/21 Sold $719,000 0.0% $261 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $719,000 -- $261 / 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 $7,970 $609,130 -- --
2023 $7,345 $561,630 $0 $0
2022 $7,135 $545,280 $0 $0
2021 $6,994 $529,400 $0 $0
2020 $7,155 $541,220 $0 $0
2019 $6,596 $525,460 $0 $0
2018 $6,374 $510,160 $0 $0
2017 $6,436 $495,310 $0 $0
2016 $6,226 $480,890 $0 $0
2015 $5,287 $433,390 $0 $0
2014 $4,889 $420,770 $0 $0
2013 -- $408,520 $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: 21-423

APN: R501107