$769,150
SOLD OCT 24, 2024

208 W 2nd St Unit 208 Yachats, OR 97498

7 Beds
5 Baths
2,700 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

13% Below List Price

43 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Covered patio or porch
  • Wood Flooring
  • Cottage
  • 2-minute walk to Yachats State Park

About This Home

As of October 2024

Five Incredibly Adorable Cottages located only 1 block from Downtown Restaurants and Store, 2 blocks from the Yachats River and only 2.5 blocks from the Beach. This is about the best central location there is for enjoying all of Yachats amenities. The units come with some outstanding tenants already in place who take very good care of the property. There have been some recent upgrades done by the current Owner including new roofs and painting. Seller has owned this property for more than 20+ years and to be sold ''As-Is'' with all the charm and history included!

Last Agent to Sell the Property

Matt Moore

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #200307084

Co-Listed By

Carrie Moore

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #201236807

Last Buyer's Agent

Unrepresented Buyer

Unrepresented Buyer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Carport

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Zoned Cooling
  • Heating Available
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 10500
  • Assessor Parcel Number 141227DA-10500-00

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Yachats Subdivision

Building Details

  • Gross Income $66,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,143

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.8
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Yachats
  • Directions: South Bound through Yachats, turn Right on W 2nd towards the Ocean, Homes on the Left about 2 blocks from Hwy 101. No Sign!
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built Details: Recent Updates
  • Year Built: 1946
  • Attribution Contact: elkhornrealestate@gmail.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 10.019
  • General Property Description:_pound_ of Acres: 0.23
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 10500
  • General Property Description:Total Bedrooms: 7
  • General Property Description:Total Bathrooms: 5.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: No
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Foundation:Block2: Yes
  • Siding:Lap: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Covered Porch: Yes
  • Gross Income: 66060.0
  • HeatingCooling:Zone - Elect: Yes
  • Special Features: None
  • Year Built: 1946

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Total Bedrooms: 7
  • Flooring: Carpet, Wood, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • General Property Description:Garage Type: Carport
  • General Property Description:Garage Stall: 3
  • External Features:Parking Spaces: 5.0

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 141227DA-10500-00
  • Zoning: R-3 Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 66060.0

Tax Info

  • Tax Annual Amount: 4142.88
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Oct 18, 2024
Sold by
Craig S Collins Trust and Collins Ahearn Family Trust
Bought by
Tysman Adam
Seller's Agent
Matt Moore
Elkhorn Real Estate
Buyer's Agent
Unrepresented Buyer
Unrepresented Buyer
List Price
$887,000
Sold Price
$769,150
Premium/Discount to List
-$117,850
-13.29%
Total Days on Market
43
Views
38
Current Estimated Value
$767,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,671
Avg. Annual Appreciation
-0.03%
Original Mortgage
$740,000
Outstanding Balance
$738,958
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$30,061

Purchase Details

Closed on
Nov 16, 2015
Sold by
Collins Craig S
Bought by
Collins Craig S and Craig S Collins Trust

Purchase Details

Closed on
Jun 19, 2009
Sold by
Collins Cheryle K and Collins Cheryle King
Bought by
Collins Craig S

Map

Range of Values:

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Average Value
Not Available
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 $769,150 Western Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $740,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $769,150 -13.3% $285 / Sq Ft
07/17/2024 07/17/24 For Sale $887,000 -- $329 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

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 $4,283 $306,660 -- --
2023 $4,143 $297,730 $0 $0
2022 $3,733 $289,060 $0 $0
2021 $3,666 $280,650 $0 $0
2020 $3,604 $272,480 $0 $0
2019 $3,467 $264,550 $0 $0
Source: Public Records

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

MLS Number: 24-1601

APN: R250329