$615,000
SOLD JUL 19, 2024

1545 SW Ocean Terrace Waldport, OR 97394

4 Beds
3 Baths
2,285 Sq Ft
0.28 Acres

Recently Sold

$269 Per Sq Ft

5% Below List Price

51 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Wood Flooring
  • Greenhouse
  • Vaulted Ceiling
  • Bonus Room

About This Home

As of July 2024

Welcome to your coastal sanctuary! Tucked away on a cul-de-sac street in a peaceful neighborhood, this split-level home has 4 bedrooms, 3 bathrooms, and a downstairs bonus room. Step outside to discover the large .28 acre lot, featuring a spacious parking area with an RV hook-up, a charming green house for cultivating your favorite plants, and a fenced area for your pets. The two-car garage, complete with a workshop area, provides ample storage and tinkering space for hobbyists. Take advantage of outdoor living on the covered deck, or retreat to the covered patio off the bonus room. Conveniently located near Gov. Patterson State Park, with easy beach access, and all the local amenities nearby, this home invites you to immerse yourself in outdoor adventures and seaside fun.

Last Agent to Sell the Property

Mac Creasman

Emerald Coast Realty - Yachats License #201224806 Listed on: 05/07/2024

Last Buyer's Agent

Robyn Tanner

Cascade Hasson Sotheby's International Realty License #26556AB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 2003

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-1 Residential, Single Family

Property Views

  • Ocean
  • Forest

Home Design

  • Split Level Home
  • Composition Roof
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Greenhouse

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Propane
  • Water Heater

Community Details

  • No Home Owners Association
  • Fairway Heights Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 131130BB-2600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,919

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.8
  • Road Surface Type: Paved
  • Subdivision Name: Fairway Heights
  • Directions: From Hwy 101, turn east onto Range Dr., then Right on Ocean Terrace. Home is 2nd on the left.
  • Architectural Style: Split-Level
  • Garage Yn: Yes
  • Year Built: 2003
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Forest
  • General Property Description:Lot SqFt: 12,197
  • General Property Description:_pound_ of Acres: 0.28
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2600
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Split-Level
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Propane
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 7
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Outbuildings:Green House: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • General Property Description Senior Community YN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: Green House
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 131130BB-2600-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 5919.15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 18, 2024
Sold by
Moroney Jody L
Bought by
Scott Mark and Nine Kelly
Seller's Agent
Mac Creasman
Emerald Coast Realty - Yachats
Buyer's Agent
Robyn Tanner
Cascade Hasson Sotheby's International Realty
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%
Views
53
Current Estimated Value
$644,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,039
Avg. Annual Appreciation
4.49%

Purchase Details

Listed on
Nov 2, 2014
Closed on
Aug 19, 2015
Sold by
Jackson Steven and Jackson Debra Rose
Bought by
Moroney Kelly A
Seller's Agent
JoAnne Biron
Emerald Coast Realty - Waldport
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$375,000
Sold Price
$310,000
Premium/Discount to List
-$65,000
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$248,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Mocek James A and Mocek Drena T
Bought by
Jackson Steven and Jackson Debra Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2006
Sold by
Schmele Larry W
Bought by
Mocek James A and Mocek Drena T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $615,000 Western Title
Warranty Deed $310,000 Western Title & Escrow
Warranty Deed $415,000 Western Title & Escrow Co
Warranty Deed $365,000 Wte
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,000 New Conventional
Previous Owner $279,500 Unknown
Previous Owner $77,000 Credit Line Revolving
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $328,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $615,000 -2.3% $269 / Sq Ft
05/30/2024 05/30/24 Price Changed $629,500 -3.0% $275 / Sq Ft
05/07/2024 05/07/24 For Sale $649,000 +109.4% $284 / Sq Ft
08/21/2015 08/21/15 Sold $310,000 -17.3% $136 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
11/01/2014 11/01/14 For Sale $375,000 -- $164 / 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 $6,097 $365,970 -- --
2023 $5,919 $355,320 $0 $0
2022 $5,717 $344,980 $0 $0
2021 $5,573 $334,940 $0 $0
2020 $5,463 $325,190 $0 $0
2019 $5,256 $315,720 $0 $0
2018 $5,159 $306,530 $0 $0
2017 $4,993 $297,610 $0 $0
2016 $4,830 $288,950 $0 $0
2015 $3,899 $270,300 $0 $0
2014 $4,050 $280,540 $0 $0
2013 -- $276,030 $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: 24-940

APN: R122175