NOT LISTED FOR SALE

2044 NE Arrowhead Way Lincoln City, OR 97367

Estimated Value: $645,000 - $852,000

3 Beds
3 Baths
2,668 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $326,000 $122 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,392/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Forest View
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of May 2014

Located on a beautiful road in a premier estate area of Indian Shores this exceptional property offers a gracious and elegant coastal living. Move right into this chic and sophisticated Craftsman Style Home with soaring ceilings and incorporates the beautiful natural setting that brings the outside in. Relax on the covered porch with an outside gas fireplace. Includes a boat slip on Devils Lake. You'll find soaring ceilings, gas fireplace inside and on the front sitting porch, open great room which is perfect for entertaining. There are granite counters, tile flooring, stainless steel appliances and many upgrades throughout the home. In addition to use of the clubhouse, tennis courts, RV storage, and lake access. Be sure to see the amenity list for other features of this home.

Last Agent to Sell the Property

Sonja Lovas

Windermere West Coast Properties Listed on: 04/14/2014

Co-Listed By

Deanna Tacchini

Windermere West Coast Properties

Last Buyer's Agent

Karla Kuhlenbeck

Windermere Distinctive Coastal License #880100099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 2007

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R1-7.5

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • HardiePlank Siding
  • Concrete Siding

Interior Spaces

  • 2,668 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Forest Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • Indian Shores Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 071111CC-400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,333

Year Built

Built in 2007

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2
  • Lot Size: 8712 Sq. ft
  • Lot Size Sq Ft: 8712.0
  • Road Surface Type: Paved
  • Subdivision Name: Indian Shores
  • Directions: Hwy 101 in Lincoln City to NE 14th. East to Indian Shores subdivision on the right. Private gate, follow Indian Shores Dr. to right on W Lagoon Dr., the right up the hill to Arrowhead Way to end
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.2
  • Location Tax and Other Information:Tax Lot: 400
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 8712 Sq. ft
  • Location Tax and Other Information:Subdv ParcelLot: 14
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Ceiling:Beam: Yes
  • Utilities:Sewer2: City
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Miscellaneous Possession: C OF E
  • External Features:Roof: Composition
  • External Features:Siding: Hardi Plank
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Covered Porch
  • External Features:Street Surface: Paved
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 071111CC-400-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 3332.66
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
May 23, 2014
Sold by
Hemming Ryan L and Hemming Angela M
Bought by
Frank Howard William and Frank Debra Kaye
Seller's Agent
Sonja Lovas
Windermere West Coast Properties
Buyer's Agent
Karla Kuhlenbeck
Windermere Distinctive Coastal
List Price
$332,500
Sold Price
$326,000
Premium/Discount to List
-$6,500
-1.95%
Current Estimated Value
$753,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,793
Avg. Annual Appreciation
7.60%
Original Mortgage
$256,000
Outstanding Balance
$78,259
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$675,534

Purchase Details

Closed on
Dec 12, 2008
Sold by
Spencer Todd M
Bought by
Hemming Ryan L and Hemming Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Walker Tim D
Bought by
Spencer Todd M
Source: Public Records

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
Frank Howard William $326,000 Western Title & Escrow
Hemming Ryan L $312,000 Wte
Spencer Todd M $10,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Howard William $256,000
Previous Owner Hemming Ryan L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $326,000 -2.0% $122 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $332,500 -- $125 / 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 $4,847 $282,300 -- --
2023 $4,714 $274,080 $0 $0
2022 $4,582 $266,100 $0 $0
2021 $4,365 $258,350 $0 $0
2020 $4,265 $250,830 $0 $0
2019 $4,120 $243,530 $0 $0
2018 $4,027 $236,440 $0 $0
2017 $3,854 $229,560 $0 $0
2016 $3,616 $222,880 $0 $0
2015 $3,535 $216,390 $0 $0
2014 $3,445 $210,090 $0 $0
2013 -- $203,980 $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: 14-976

APN: R439728