NOT LISTED FOR SALE

225 SE Derrick St Depoe Bay, OR 97341

Estimated Value: $406,000 - $442,000

2 Beds
1 Bath
1,050 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $425,000 $405 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,558/month

6 Days on Market

Highlights

  • Bay View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Wood Flooring
  • 1-minute walk to Depoe Bay Park

About This Home

As of August 2022

Enjoy distant Ocean views from the oversized deck of this home tucked into the worlds smallest harbor, Depoe Bay Harbor. Complete with a gas stove, this 2 bed 1 bath quaint home will be sure to take your breath away. With it's stunning wood features, bamboo floors and elegantly tiled bathroom, you'll feel like you're living luxuriously for an affordable price. Updated features include kitchen, bamboo flooring, bedroom carpeting, new laundry area with barn door and front load washer and dryer.

Last Listed By

Nadine Hankins

Coldwell Banker Professional Group - Lincoln City License #201007056 Listed on: 05/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1996

Lot Details

  • 4,792 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-4 Residential

Property Views

  • Bay
  • Bridge

Home Design

  • Cottage
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1800
  • Assessor Parcel Number 091108AB-1800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,383

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Gravel
  • Directions: Hwy 101 to downtown Depoe Bay, east on Collins Street, south on Davenport to the end of the street and turn right to house.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1996
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Bridge
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1800
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Bay
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091108AB-1800-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2382.85
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Goldfishfox Llc
Bought by
651 Ocean View Drive Llc
Total Days on Market
6
Current Estimated Value
$420,297

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 19, 2022
Sold by
Carl Ruby Frederick
Bought by
Goldfisher Keefe Ovid and Moree-Goldfisher Jacoba Elisabeth
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$360,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 23, 2020
Sold by
Husser Gerald M and Husser Sandra J
Bought by
Ruby Frederick Carl
Seller's Agent
Debbie Davilla
RE/MAX Integrity, Depoe Bay
Buyer's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$289,900
Sold Price
$279,000
Premium/Discount to List
-$10,900
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.29%
Original Mortgage
$265,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2017
Closed on
Mar 2, 2018
Sold by
Johnson Sidney and Johnson Katherine
Bought by
Husser Gerald M and Husser Sandra J
Seller's Agent
Debbie Davilla
RE/MAX Integrity
Buyer's Agent
Debbie Davilla
RE/MAX Integrity
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
New Conventional

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
651 Ocean View Drive Llc -- None Listed On Document
Goldfisher Keefe Ovid $425,000 Western Title
Ruby Frederick Carl $279,000 Western Title & Escrow
Husser Gerald M $200,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldfisher Keefe Ovid $360,000
Previous Owner Ruby Frederick Carl $265,050
Previous Owner Husser Gerald M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $425,000 0.0% $405 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $425,000 +52.3% $405 / Sq Ft
08/19/2020 08/19/20 Sold $279,000 -3.8% $274 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $289,900 +45.0% $284 / Sq Ft
03/07/2018 03/07/18 Sold $200,000 -16.3% $254 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $239,000 -- $304 / 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 $2,602 $200,280 -- --
2023 $2,486 $194,450 $0 $0
2022 $2,415 $188,790 $0 $0
2021 $2,436 $183,300 $0 $0
2020 $2,383 $177,970 $0 $0
2019 $2,243 $172,790 $0 $0
2018 $2,178 $167,760 $0 $0
2017 $2,122 $162,880 $0 $0
2016 $2,071 $158,140 $0 $0
2015 $1,870 $153,540 $0 $0
2014 $1,728 $149,070 $0 $0
2013 -- $144,730 $0 $0
Source: Public Records

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

MLS Number: 22-1052

APN: R297823