NOT LISTED FOR SALE

187 Williams NE Depoe Bay, OR 97341

Estimated Value: $404,125 - $573,000

3 Beds
2 Baths
1,733 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $357,000 $206 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,869/month

21 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Furnished
  • 1-minute walk to Depoe Bay Park

About This Home

As of December 2022

Ocean view duplex. Zoned C-1 commercial, lots of possibilities, can be a nightly rental. Cozy 2 beds 1 bath upstairs approx 1029 sq ft with large ocean view deck. Lower level approx. 704 sq ft 1 bed 1 bath apartment with separate entrance. In the heart of Depoe Bay known for whale watching, fishing, shopping & award winning restaurants. Lower level need finishes. Sold ''as-is'' Seller to do no repairs. Sold furnished will all contents included. CASH only. Buyer to do due diligence & verify all uses with city planner. SEE MLS# 22-2384 under residential for documents.

Last Listed By

Anita Quilici

Emerald Coast Realty - Depoe Bay License #200004027 Listed on: 11/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1945

Lot Details

  • 5,227

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Membrane Roofing
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,733 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Paneling
  • Fireplace
  • Window Treatments
  • Ocean Views
  • Natural lighting in basement
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Utilities

  • Zoned Cooling
  • Electric Baseboard Heater
  • Gas Available at Street
  • Water Heater

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 091105CD-2900-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,560

Year Built

Built in 1945

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: irregular
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Inclusions: all contents
  • Subdivision Name: N/A
  • Directions: Hwy 101 to East on NE Bechill then south on NE Williams to property on right
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1945
  • 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: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2900
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: irregular
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:T1-11: Yes
  • Sewer:City Property2: Yes
  • Siding:Wood: Yes
  • Walls:Panel: Yes
  • Roof:Membrane: Yes
  • HeatingCooling:Baseboard - Electric: Yes
  • HeatingCooling:Zone - Elect: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • General Property Description:Garage Type: Attached
  • External Features:Parking Spaces: 2.0

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091105CD-2900-00
  • Zoning: C-1 Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2559.87
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2022
Closed on
Dec 28, 2022
Sold by
Edythe S Lee Living Trust
Bought by
Pachelo Michael D and Boland Terence J
Seller's Agent
Anita Quilici
Emerald Coast Realty - Depoe Bay
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$345,000
Sold Price
$357,000
Premium/Discount to List
$12,000
3.48%
Total Days on Market
21
Current Estimated Value
$476,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,281
Avg. Annual Appreciation
13.05%
Original Mortgage
$345,000
Outstanding Balance
$336,139
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$140,142

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
Pachelo Michael D $357,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pachelo Michael D $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $357,000 +3.5% $206 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/24/2022 11/24/22 For Sale $345,000 -- $199 / 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 $2,734 $210,430 -- --
2023 $2,613 $204,310 $0 $0
2022 $2,537 $198,360 $0 $0
2021 $2,560 $192,590 $0 $0
2020 $2,504 $186,990 $0 $0
2019 $2,356 $181,550 $0 $0
2018 $2,288 $176,270 $0 $0
2017 $2,229 $171,140 $0 $0
2016 $2,176 $166,160 $0 $0
2015 $1,937 $161,190 $0 $0
2014 $1,852 $161,330 $0 $0
2013 -- $156,690 $0 $0
Source: Public Records

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

MLS Number: 22-2385

APN: R134595