NOT LISTED FOR SALE

1380 SW Corona Ct Waldport, OR 97394

Estimated Value: $532,000 - $706,000

8 Beds
4 Baths
2,992 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $600,000 $201 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,884/month

17 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Carpet
  • Deck
  • Zoned Cooling

About This Home

As of December 2022

Great Opportunity in this west side 4 plex with small ocean view from 2 top units plus close to easy beach access. Located in the city of Waldport on city sewer each unit is 2 Bed. 1 Bath 700 sq. ft. with total building sq ft. of 2,992.
One unit is currently under renovation and can be shown easily, new flooring installed at end of the month along with new blinds and appliances. Property has a common laundry room with newer appliances.
Long term tenants in other 3 units to be shown only with an accepted offer. Live in one and enjoy the income plus the city of Waldport welcomes vacation rentals.
The neighborhood is mixed with homes and Apts.Please set appointment to show and do not bother tenants.

Last Listed By

JoAnne Biron

Emerald Coast Realty - Waldport License #920200274 Listed on: 11/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 2002

Lot Details

  • 5,227

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Ocean Views
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Zoned Cooling
  • No Heating
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Exclusions: TBD
  • Assessor Parcel Number 131225AB-4400-00

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash, sewer, water
  • 4 Units

Building Details

  • Operating Expense $12,213
  • Gross Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,026

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size: 61 x 81 m/l
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Exclusions: TBD
  • Inclusions: All applinaces
  • Subdivision Name: N/A
  • Directions: South on Hwy 101 from Waldport rt. on Corona Ct. to Property. PLEASE DO NOT DISTURB TENANTS.
  • Architectural Style: Two Story
  • Garage Yn: No
  • Year Built: 2002
  • 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: Ocean
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4400
  • General Property Description:Total Bedrooms: 8
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Two Story
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 61 x 81 m/l
  • Location Tax and Other Information:Subdv ParcelLot: n/a
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Gross Income: 31000.0
  • Water:Public: Yes
  • Miscellaneous Exclusions: TBD
  • HeatingCooling:Zone - Elect: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 8
  • Flooring: Carpet, Vinyl
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Permanent
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • General Property Description:Garage Type: None
  • External Features:Parking Spaces: 6.0

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes

Fee Information

  • Association Fee Includes: Trash, Sewer, Water

Lot Info

  • Parcel #: 131225AB-4400-00
  • Zoning: C-1 Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31000.0
  • Annual Operating Expense: 12213.0

Tax Info

  • Tax Annual Amount: 5026.24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 20, 2022
Sold by
Maryann Brown Trust
Bought by
1380 Carona Court Llc
Seller's Agent
JoAnne Biron
Emerald Coast Realty - Waldport
Buyer's Agent
Sheila Smith
Kelly Right Real Estate of Portland
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Total Days on Market
17
Current Estimated Value
$645,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,515
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Schweich Daniel J and Schweich Carrie J
Bought by
Brown Maryann and The Maryann Brown Trust

Range of Values:

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Average Value
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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
1380 Carona Court Llc $600,000 Western Title
Brown Maryann $475,000 Western Title & Escrow Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $600,000 -5.5% $201 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $635,000 -- $212 / 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 $5,499 $330,090 -- --
2023 $5,339 $320,480 $0 $0
2022 $5,156 $311,150 $0 $0
2021 $5,026 $302,090 $0 $0
2020 $4,927 $293,300 $0 $0
2019 $4,741 $284,760 $0 $0
2018 $4,653 $276,470 $0 $0
2017 $4,504 $268,420 $0 $0
2016 $4,393 $260,610 $0 $0
2015 $3,721 $253,020 $0 $0
2014 $3,618 $245,660 $0 $0
2013 -- $238,510 $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: 22-2358

APN: R514875