NOT LISTED FOR SALE

1278 SW Southmayd Ln Waldport, OR 97394

Estimated Value: $258,591 - $433,000

2 Beds
2 Baths
1,500 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $285,000 $190 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,072/month

21 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Cottage
  • Deck
  • No HOA
  • 2 Car Detached Garage

About This Home

As of February 2023

Updated Duplex with detached double car garage and extra lots. Four lots total. Each duplex is 750 sf one bedroom and one bathroom. Across from beach access at Gov.Patterson State Park. Ocean views from potential second level. Vacation/Rental/Live/Work.

Last Listed By

Greg Messick

Realty Net, LLC License #200202047 Listed on: 11/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1946

Lot Details

  • 0.5

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • RV Access or Parking

Utilities

  • Cooling Available
  • Baseboard Heating
  • Natural Gas Not Available
  • Septic System

Additional Features

  • Deck
  • 0.5 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 131225AA-2900-00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Waldport Subdivision

Building Details

  • Operating Expense $1,000
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,243

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Road Surface Type: Gravel
  • Subdivision Name: Waldport
  • Directions: Hwy 101
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1946
  • 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: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.5
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2900
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:RangeOven: Electric
  • Location Tax and Other Information:Subdv ParcelLot: 00
  • Flooring:Vinyl2: Yes
  • Flooring:Wood3: Yes
  • Siding:Wood: Yes
  • Gross Income: 36000.0
  • Water:Public: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Flooring: Wood, Vinyl

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 2.0
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Not Available
  • Sewer Septic: Yes
  • HeatingCooling:Electric: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 131225AA-2900-00
  • Zoning: R-1-A Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 1242.53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Feb 2, 2023
Sold by
Terrill Douglas S
Bought by
Laird Geoffrey T and Gleiber Miram R
Seller's Agent
Greg Messick
Realty Net, LLC
Buyer's Agent
Maria Hoffman
OPT
List Price
$479,000
Sold Price
$285,000
Premium/Discount to List
-$194,000
-40.5%
Total Days on Market
21
Current Estimated Value
$345,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,898
Avg. Annual Appreciation
10.75%
Original Mortgage
$242,250
Outstanding Balance
$236,411
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$121,812

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 8, 2021
Sold by
Marie Ross-Wick Kathleen
Bought by
Terrill Douglas S
Seller's Agent
JoAnne Biron
Emerald Coast Realty - Waldport
Buyer's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
List Price
$177,500
Sold Price
$169,500
Premium/Discount to List
-$8,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.56%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Laird Geoffrey T $285,000 Western Title
Terrill Douglas S $169,500 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laird Geoffrey T $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $285,000 -40.5% $190 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $479,000 +182.6% $319 / Sq Ft
09/08/2021 09/08/21 Sold $169,500 -4.5% $141 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $177,500 -- $148 / 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 $1,740 $124,360 -- --
2023 $1,683 $120,740 $0 $0
2022 $1,266 $97,910 $0 $0
2021 $1,243 $95,060 $0 $0
2020 $1,221 $92,300 $0 $0
2019 $1,174 $89,620 $0 $0
2018 $1,157 $87,010 $0 $0
2017 $1,105 $84,480 $0 $0
2016 $1,028 $82,020 $0 $0
2015 $925 $79,640 $0 $0
2014 $904 $77,330 $0 $0
2013 -- $73,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Messick

    Seller's Agent in 2023

    Greg Messick

    Realty Net, LLC

    (503) 300-6330

    888 Total Sales

    Greg Messick
    Section Image

  • M

    Buyer's Agent in 2023

    Maria Hoffman

    OPT

  • JoAnne Biron

    Seller's Agent in 2021

    JoAnne Biron

    Emerald Coast Realty - Waldport

    (541) 961-0878

    157 Total Sales

    JoAnne Biron
    Section Image
  • Richard Hoffman

    Seller Co-Listing Agent in 2021

    Richard Hoffman

    Emerald Coast Realty - Waldport

    (602) 432-7067

    133 Total Sales

    Richard Hoffman
    Section Image
  • Hannah Katz

    Buyer's Agent in 2021

    Hannah Katz

    Coldwell Banker Professional Group - Lincoln City

    (541) 418-3101

    336 Total Sales

    Hannah Katz
    Section Image
See All Agents

Map

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

MLS Number: 22-2161

APN: R221200

Oregon Lincoln County Waldport 97394

1278 SW Southmayd Ln, Waldport, OR

Homes for Sale in Waldport, OR

This home is located at 1278 SW Southmayd Ln, Waldport, OR 97394 since 30 November 2022 and is currently estimated at $345,898, approximately $230 per square foot. This property was built in 1946. 1278 SW Southmayd Ln is a home located in Lincoln County with nearby schools including Crestview Heights School, Waldport High and Middle School, and Angell JCC.

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.