NOT LISTED FOR SALE

Estimated Value: $601,000 - $848,000

7 Beds
5 Baths
3,294 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $290,000 $88 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,308/month

158 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Security System Owned
  • 0.2 Acre Lot
  • Cooling Available
  • 1-minute walk to Literacy Park

About This Home

As of August 2019

Oceanview 7 bedroom, 5 bath residence with opportunity for rental income. Prime Nye Beach location, just blocks to Nye Beach shops, restaurants and beach access! Home has had some upgrades, partial new siding, needs a little more finish work, but it's a wonderful opportunity for someone with a vision for an income property, or multi-family property.Two:3/2 oceanview units, one ground floor one bedroom studio. Carport for two cars and a fantastic fenced yard, very private yet steps to everything. R-3 Zoning. Sold As-Is and priced to reflect. Cash, rehab/construction possibly conventional financing only.

Last Agent to Sell the Property

Audra Powell

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 04/17/2019

Last Buyer's Agent

Natividad Grajeda-Weber

Coastal Dreams Real Estate LLC License #200403280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1881

Lot Details

  • 8,712

Home Design

  • Triplex
  • Block Foundation
  • Slab Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Siding
  • T111 Siding

Interior Spaces

  • 3,294 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Ocean Views
  • Security System Owned
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Shed
  • 8,712 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • Kellog's Blocks Subdivision

Listing and Financial Details

  • Tax Lot 22,3
  • Assessor Parcel Number 111108BB-2100, 300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.2
  • Lot Size: 50 by 166
  • Lot Size Sq Ft: 8712.0
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Kellog's Blocks
  • Directions: From Olive street, North on NW Hurbert, past cul-d-sac, at split follow left driveway towards the North, first house on left with Carport. You can also Park on NW Brook and walk up sidewalk to the house. Keybox is on the East side of the house.
  • Architectural Style: Tri-Plex
  • Garage Yn: Yes
  • Year Built: 1881
  • 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: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.2
  • Location Tax and Other Information:Tax Lot: 00
  • General Property Description:Total Bedrooms: 7
  • General Property Description:Total Bathrooms: 5.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Tri-Plex
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Furnished: Negotiable
  • General Property Description:Lot Dimensions: 50 by 166
  • Location Tax and Other Information:Subdv ParcelLot: 22,3
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Foundation:Block2: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Siding:T1-11: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • Roof:TarGravel: Yes
  • Utilities:Sewer2: City - Street
  • Water: City - Street
  • Utilities:Electric3: On Property
  • HeatingCooling:Baseboard - Electric: Yes
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Water Heater
  • Total Bedrooms: 7
  • Flooring: Carpet, Vinyl

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Slab, Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: None
  • Roof: Composition, Tar/Gravel, Other

Garage/Parking

  • Open Parking Spaces: 2.0
  • General Property Description:Garage Type: Carport
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BB-2100, 300
  • Zoning: R-4 Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4509.03
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 13, 2019
Sold by
Pletschet Frances B and Pletschet Family Trust
Bought by
Calderon Refugio Islas
Seller's Agent
Audra Powell
Advantage Real Estate
Buyer's Agent
Natividad Grajeda-Weber
Coastal Dreams Real Estate LLC
List Price
$349,000
Sold Price
$290,000
Premium/Discount to List
-$59,000
-16.91%
Current Estimated Value
$707,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,952
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Pletschet Bernard P and Pletschet Lori
Bought by
Pletschet Frances B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Severson James M and Severson Karen K
Bought by
Pletschet Bernard P and Pletschet Lori

Purchase Details

Closed on
Feb 8, 2005
Sold by
Wilson Earl D and Wilson Sandra K
Bought by
Severson James M and Severson Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,450
Interest Rate
5.79%
Mortgage Type
Stand Alone Second
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
Calderon Refugio Islas $290,000 Western Title & Escrow
Pletschet Frances B $180,000 First American Title Ins Co
Pletschet Frances B -- First American Title Ins Co
Pletschet Bernard P $320,000 First American Title Ins Co
Severson James M $229,900 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pletschet Frances B $180,000
Previous Owner Severson James M $57,450
Previous Owner Severson James M $160,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $290,000 -16.9% $88 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $349,000 -- $106 / 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 $5,400 $299,270 -- --
2023 $5,273 $290,560 $0 $0
2022 $4,393 $242,510 $0 $0
2021 $4,317 $235,450 $0 $0
2020 $4,215 $228,600 $0 $0
2019 $4,035 $221,950 $0 $0
2018 $3,911 $215,490 $0 $0
2017 $3,876 $209,220 $0 $0
2016 $3,794 $203,130 $0 $0
2015 $3,517 $197,220 $0 $0
2014 $3,438 $191,480 $0 $0
2013 -- $185,910 $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: 19-428

APN: R378538