$340,160
SOLD JUN 26, 2025

191 SE South 40 Ln Depoe Bay, OR 97341

2 Beds
1 Bath
945 Sq Ft
4,791 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

7% Below List Price

67 Days on Market

Highlights

  • Ocean View
  • Deck
  • 4 Car Garage
  • RV or Boat Parking
  • No HOA
  • 1-minute walk to Fogarty Creek State Park

About This Home

As of June 2025

Coastal living at its finest! This charming 2-bedroom, 1-bath home is just a 2-minute drive to the boat dock and moments from the stunning Oregon coastline. Enjoy breathtaking ocean and sunset views from the expansive windows and sliding glass door, which open onto a spacious deck. This property offers a huge 2-bay shop with ample room for a boat or RV, plus a detached two-car garage. The NEW ROOF, FRESH PAINT, and NEW FLOORING make this home completely move-in ready. Don’t miss out on this incredible opportunity to own a slice of coastal paradise! Member of selling entity is a licensed real estate agent in Oregon.

Last Agent to Sell the Property

Sabrina James

SMI Commercial Real Estate LLC License #201246910 Listed on: 03/20/2025

SMI Commercial Real Estate LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,728

Year Built

  • Built in 1965

Lot Details

  • 4,791 Sq Ft Lot
  • Dirt Road
  • Cul-De-Sac
  • Property is zoned R-3

Parking

  • 4 Car Garage
  • Driveway
  • RV or Boat Parking

Property Views

  • Ocean
  • Territorial

Home Design

  • Composition Roof
  • Cedar

Interior Spaces

  • 945 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Oceanlake Elementary School
  • Taft Middle School
  • Taft High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R110872

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,728

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1965
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Basement: None
  • Appliances: BuiltinRange
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Upper
  • Room 12 Level: Upper
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Upper

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck, RVParking, RVBoatStorage
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Other
  • View: Yes
  • Lot Features: Cul_de_sac, OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Dirt, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean,Territorial

Garage/Parking

  • Garage Type: Attached,Detached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Oceanlake
  • High School: Taft
  • Middle Or Junior School: Taft

Lot Info

  • Farm: No
  • Zoning: R-3
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R110872

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2727.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Jun 25, 2025
Sold by
Saucetown Properties Llc
Bought by
Mullenix Jeremy Dean
Seller's Agent
Sabrina James
SMI Commercial Real Estate LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$365,000
Sold Price
$340,160
Premium/Discount to List
-$24,840
-6.81%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.13%
Original Mortgage
$11,906
Outstanding Balance
$11,906
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$323,923

Purchase Details

Closed on
Jan 25, 2025
Sold by
Diorazio Kendal Renee and Todd Shelby Dianne
Bought by
Saucetown Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.6%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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 $340,160 Amerititle
Warranty Deed $225,000 Frontier Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,906 New Conventional
Open $333,998 FHA
Previous Owner $210,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $340,160 +1.5% $360 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $335,000 -4.3% $354 / Sq Ft
04/28/2025 04/28/25 Price Changed $350,000 -2.8% $370 / Sq Ft
04/22/2025 04/22/25 Price Changed $360,000 -1.4% $381 / Sq Ft
03/20/2025 03/20/25 For Sale $365,000 -- $386 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $2,728 $209,920 -- --
2023 $2,606 $203,810 $0 $0
2022 $2,531 $197,880 $0 $0
2021 $2,554 $192,120 $0 $0
2020 $2,497 $186,530 $0 $0
2019 $2,350 $181,100 $0 $0
2018 $2,282 $175,830 $0 $0
2017 $2,027 $157,040 $0 $0
2016 $1,995 $153,960 $0 $0
2015 $2,079 $170,710 $0 $0
2014 $1,903 $165,740 $0 $0
2013 -- $164,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 162440034

Regional Multiple Listing Service (RMLS)

APN: R110872