NOT LISTED FOR SALE

1129 SW 11th St Lincoln City, OR 97367

Estimated Value: $381,000 - $516,000

4 Beds
2 Baths
1,503 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 03, 2012

Last sale price $82,760 $55 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $2,511/month

1 Day on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • No HOA

About This Home

As of January 2012

HUD Home! Priced to sell. Seller will pay up to 3% closing costs. FHA 203(B) appraisal complete. If using FHA financing appraisal good thru 3-6-12 with repair escrow. Spacious ranch home with 4 bedrooms, 2 bathrooms and 1,503 square feet. Walk to the beach. Special features include a spacious lot, covered porch, patios, main level laundry area and more. Come see today

Last Agent to Sell the Property

Daniel Mal

Mal & Seitz License #910700277 Listed on: 12/08/2011

Last Buyer's Agent

Brodie Becksted

Taylor & Taylor Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1976

Home Design

  • Ranch Style House
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,503 Sq Ft Home
  • Living Room
  • Dining Room
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Property is zoned R7.5
  • Water Heater

Community Details

  • No Home Owners Association
  • Roosevelt By The Sea Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 8 & 9
  • Assessor Parcel Number 071115DC-2500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,742

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size: .017
  • Subdivision Name: Roosevelt by the Sea
  • Directions: Hwy 101 to SW 12th St, R SW Galley, R SW 11th to address
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1976
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 2500
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: .017
  • Location Tax and Other Information:Subdv ParcelLot: 8 & 9
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Utilities:Sewer2: Public
  • Water: Public
  • Utilities:Electric3: On Property
  • Utilities:Gas3: None
  • Miscellaneous Possession: closing
  • External Features:Roof: Composition
  • External Features:Siding: T1-11
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Covered Porch
  • External Features:Street Surface: Paved
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4

Exterior Features

  • View: None

Garage/Parking

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071115DC-2500-00
  • Zoning: R7.5

Tax Info

  • Tax Annual Amount: 1742.49
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Rutherford Steve J
Bought by
Rutherford Steve J and Revocable Liv Steve Rutherford
Current Estimated Value
$432,959

Purchase Details

Closed on
Jul 13, 2017
Sold by
Rutherford Ashley
Bought by
Rutherford Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Outstanding Balance
$72,381
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$360,578

Purchase Details

Listed on
Dec 8, 2011
Closed on
Dec 29, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Rutherford Steve and Rutherford Ashley
Seller's Agent
Daniel Mal
Mal & Seitz
Buyer's Agent
Brodie Becksted
Taylor & Taylor Realty Company
List Price
$80,000
Sold Price
$82,760
Premium/Discount to List
$2,760
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 19, 2011
Sold by
Kline Corey W
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Dec 22, 2008
Sold by
Berglund Marcus E and Berglund Lorri J
Bought by
Kline Corey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2007
Sold by
Berglund Marcus E and Berglund Lorri J
Bought by
Berglund Marcus E and Berglund Lorri J

Purchase Details

Closed on
Dec 1, 2005
Sold by
Lore Billie L
Bought by
Berglund Marcus E and Berglund Lorri J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rutherford Steve J -- None Available
Rutherford Steve J -- Western Title & Escrow
Rutherford Steve $82,760 Fidelity Natl Title Co Of Or
The Secretary Of Housing & Urban Develop -- Wte
Wells Fargo Bank N A $179,638 Wte
Kline Corey W $175,000 Western Title & Escrow
Berglund Marcus E -- None Available
Berglund Marcus E $192,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutherford Steve J $87,000
Previous Owner Kline Corey W $162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2012 01/03/12 Sold $82,760 +3.5% $55 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
12/08/2011 12/08/11 For Sale $80,000 -- $53 / 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 $2,773 $162,630 -- --
2023 $2,696 $157,900 $0 $0
2022 $2,621 $153,310 $0 $0
2021 $2,497 $148,850 $0 $0
2020 $2,440 $144,520 $0 $0
2019 $2,357 $140,320 $0 $0
2018 $2,304 $136,240 $0 $0
2017 $2,205 $132,280 $0 $0
2016 $2,068 $128,430 $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: 11-2853

APN: R250387