$650,000
SOLD MAR 31, 2025

1889 SE Alsea Hwy Waldport, OR 97394

4 Beds
3 Baths
2,863 Sq Ft
1.45 Acres

Recently Sold

$227 Per Sq Ft

21% Below List Price

0 Day on Market

Highlights

  • Greenhouse
  • Deck
  • Traditional Architecture
  • 1.45 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of March 2025

Three charming cottages in a garden paradise awaits at 1885, 1887 & 1889 SE Alsea Hwy, Waldport. Set on 1.45 acres of a master gardener's property with trees and trails, this retreat is move-in ready. The seller has gone above and beyond, including a new septic system servicing the entire property, under contract with Lincoln County. 1887 features newer roofing, decking, a mini-split A/C, and an outdoor soaking tub. 1889 is a 2-bed, 1-bath Craftsman's cottage with beamed ceilings and Art Deco tiling. The largest, 1885, includes a loft, full bath, basement workshop, and a two-car garage (fits one). Enjoy the kayak launch, fire circle, and stocked wood shed for the certified wood stoves in each home. Amazing redwood sculpture, A frame studio, fishermans cabin, the list goes on!

Last Agent to Sell the Property

Nickolas Dyer

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201251684 Listed on: 02/18/2025

Last Buyer's Agent

Joan Davies

Advantage Real Estate License #200610355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1940

Lot Details

  • 1.45 Acre Lot

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Concrete Siding
  • Cedar Siding
  • Shake Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,863 Sq Ft Home
  • 3-Story Property
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Window Treatments
  • Natural lighting in basement
  • Property Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Car Attached Garage
  • 6 Open Parking Spaces

Accessible Home Design

  • Accessible Bathroom
  • Handicap Accessible
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed
  • Shop

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heat Pump System
  • Hot Water Baseboard Heater
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Gross Income $1,150

Listing and Financial Details

  • Exclusions: Furniture
  • Tax Lot 16000
  • Assessor Parcel Number R313731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,395

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 1.45
  • Lot Size: Triangular
  • Lot Size Sq Ft: 63162.0
  • Road Surface Type: Paved
  • Exclusions: Furniture
  • Inclusions: Appliances
  • Subdivision Name: N/A
  • Directions: To find 1885/1887/1889 SE Alsea Hwy in Waldport, OR, travel east on SE Alsea Hwy from Waldport. After passing Grandpa's Feed Store, turn right immediately after the slough bridge into the driveway
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built Details: Well maintained
  • Year Built: 1940
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Slough
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 1.45
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 16000
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: Triangular
  • Siding:ShakeShingle: Yes
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Wood3: Yes
  • Siding:T1-11: Yes
  • Outbuildings:Green House: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Foundation:Combination: Yes
  • Handicap Features:Level Entry: Yes
  • Walls:Panel: Yes
  • Gross Income: 1150.0
  • Alternate Heat:Wood Stove: Certified
  • Sewerseptic In: Yes
  • Miscellaneous Exclusions: Furniture
  • Foundation:PillarPostPier: Yes
  • Ceiling:Beam: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • Handicap Features Kitchen Modification: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Wood, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

Exterior Features

  • View: Slough
  • Foundation Details: Combination, Concrete Perimeter, Pillar/Post/Pier, Slab
  • Other Structures: Greenhouse, Shed(s), Workshop
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1
  • External Features:Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Ductless Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: On Property, City
  • Sewer Septic: Yes
  • HeatingCooling:Central AC: Yes
  • HeatingCooling:Stove: Yes
  • HeatingCooling:Ductless Heat Pump: Yes
  • HeatingCooling:Other - Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: TWNSHP 13, RNG 11, ACRES 1.45, DOC200407133 LESS DOC201702541 Outdoor enthusiasts will appreciate direct kayak access to the Alsea River, abundant wildlife, and a secluded outdoor bathtub. A new septic system installed in 2022 & extended in 2025 ensures modern convenience for all three homes. Protected by a lush row of vegetation, this oasis offers privacy and tranquility. An ideal retreat or communal living space where outdoor adventures and artistic endeavors thrive.
  • Parcel #: R313731
  • Zoning: R-3 Residential

Multi Family

  • Annual Gross Income: 1150.0

Tax Info

  • Tax Annual Amount: 4395.44
  • Tax Year: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Mar 27, 2025
Sold by
Harper Linnea
Bought by
Serbu Adrian Ea and Serbu Daniel A
Seller's Agent
Nickolas Dyer
Advantage Real Estate
Buyer's Agent
Joan Davies
Advantage Real Estate
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%
Views
7
Current Estimated Value
$633,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,061
Avg. Annual Appreciation
-4.70%
Original Mortgage
$617,500
Outstanding Balance
$614,874
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$19,065
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $650,000 Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $617,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $650,000 -21.2% $227 / Sq Ft
02/18/2025 02/18/25 For Sale $825,000 -- $288 / 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 $4,531 $271,990 -- --
2023 $4,399 $264,070 $0 $0
2022 $4,248 $256,380 $0 $0
2021 $4,142 $248,920 $0 $0
2020 $4,060 $241,670 $0 $0
2019 $3,906 $234,640 $0 $0
2018 $3,834 $227,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nickolas Dyer

    Seller's Agent in 2025

    Nickolas Dyer

    Advantage Real Estate

    (541) 265-2200

    2 in this area

    38 Total Sales

    Nickolas Dyer
    Section Image
  • Joan Davies

    Buyer's Agent in 2025

    Joan Davies

    Advantage Real Estate

    (541) 265-2200

    13 in this area

    34 Total Sales

    Joan Davies
    Section Image
See All Agents

Map

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

MLS Number: 25-288

APN: R313731

Oregon Lincoln County Waldport 97394

1889 SE Alsea Hwy, Waldport, OR

This home is located at 1889 SE Alsea Hwy, Waldport, OR 97394 and is currently priced at $650,000, approximately $227 per square foot. This property was built in 1940. 1889 SE Alsea Hwy is a home located in Lincoln County with nearby schools including Crestview Heights School and Waldport High and Middle School.

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.

Nearby Homes