Seller's Agent in 2025
Anna Martushev
Keller Williams Realty Portland Premiere
(503) 317-9022
24 Total Sales
125 Ocean View Dr Unit A Yachats, OR 97498
3
Beds
2.5
Baths
3,524
Sq Ft
1967
Built
Highlights
- Ocean Front
- Wood Flooring
- Granite Countertops
- Custom Home
- Corner Lot
- 1-minute walk to Yachats Ocean Road State Natural Site
About This Home
As of May 2025Are you looking for an investment opportunity that combines commercial and residential use? Consider this incredible property located in Yachats on the Oregon Coast. This turnkey business offers breathtaking oceanfront, bayfront, and riverfront views, making it an ideal option for an owner/user to live upstairs while operating a well-established pub or retail space on the main level. The property includes a fully remodeled modern 1,262 sq. ft. residential unit on the second floor, providing unmatched ocean and river views. With an annual business gross revenue of $390,000 and an additional $40,000 from lottery sales, this property presents a fantastic investment opportunity. It offers high-end features and versatility at an affordable price. The seller is open to cash, financing, or a contract, providing an opportunity to own prime real estate in one of the most sought-after locations on the Oregon Coast. Buyers must be preapproved or able to provide proof of funds. If you have any questions, feel free to call."
Last Agent to Sell the Property
Keller Williams Realty Portland Premiere License #201234815 Listed on: 06/01/2024
Last Buyer's Agent
Keller Williams Realty Portland Premiere License #201234815 Listed on: 06/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,230
Year Built
- Built in 1967 | Remodeled
Lot Details
- Ocean Front
- Property Fronts a Bay or Harbor
- Corner Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Carport
- Parking Pad
- Converted Garage
Property Views
- Ocean
- Bay
- River
Home Design
- Custom Home
- Property Attached
- Slab Foundation
- Composition Roof
- Wood Siding
- Lap Siding
- Plywood Siding Panel T1-11
- Shake Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,524 Sq Ft Home
- 2-Story Property
- Built-In Features
- Gas Fireplace
- Double Pane Windows
- Family Room
- Living Room
- Dining Room
- Washer and Dryer
Kitchen
- Built-In Range
- Cooking Island
- Granite Countertops
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Outdoor Features
- Covered Patio or Porch
Schools
- Crestview Hghts Elementary School
- Waldport Middle School
- Waldport High School
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R103520
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2024
Closed on
May 20, 2025
Sold by
Lothrop David B
Bought by
Dennis And Jody Griffin Joint Trust and Griffin
Seller's Agent
Anna Martushev
Keller Williams Realty Portland Premiere
Buyer's Agent
Anna Martushev
Keller Williams Realty Portland Premiere
List Price
$1,448,000
Sold Price
$1,150,000
Premium/Discount to List
-$298,000
-20.58%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$0
Avg. Annual Appreciation
0.00%
Purchase Details
Closed on
Mar 8, 2017
Sold by
Gallo Evette M
Bought by
Lothrop David B
Purchase Details
Closed on
Jan 19, 2011
Sold by
Lothrop Dorothy Ann
Bought by
Lothrop Dorothy Ann and Dorothy Ann Lothrop Trust
Purchase Details
Closed on
May 20, 2010
Sold by
Monschke Jonathan D and Monschke Carrie A
Bought by
Oregon Coast Bank
Purchase Details
Closed on
Jul 7, 2005
Sold by
Tunnell Richard L and Tunnell Constance M
Bought by
Monschke Carrie A and Monschke Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,200
Interest Rate
5.25%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,150,000 | Western Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | -- | Premier Title Of Oregon | |
| Warranty Deed | $609,000 | Western Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $487,200 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Sold | $1,150,000 | -17.7% | $326 / Sq Ft |
| 11/03/2024 11/03/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | Price Changed | $1,398,000 | -3.5% | $397 / Sq Ft |
| 07/19/2024 07/19/24 | For Sale | $1,448,000 | -- | $411 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $7,687 | $550,400 | -- | -- |
| 2023 | $7,230 | $519,580 | $0 | $0 |
| 2022 | $6,515 | $504,450 | $0 | $0 |
| 2021 | $6,164 | $471,920 | $0 | $0 |
| 2020 | $6,060 | $458,180 | $0 | $0 |
| 2019 | $5,829 | $444,840 | $0 | $0 |
| 2018 | $5,748 | $431,890 | $0 | $0 |
| 2017 | $5,523 | $419,320 | $0 | $0 |
| 2016 | $5,114 | $407,110 | $0 | $0 |
| 2015 | $4,613 | $395,260 | $0 | $0 |
| 2014 | $4,503 | $383,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Martushev
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24173991
APN: R103520
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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