$830,000
SOLD JUL 6, 2021

25 Clarke St Depoe Bay, OR 97341

7 Beds
5 Baths
2,232 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$372 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Furnished
  • Deck
  • Wood Flooring
  • 1-minute walk to Depoe Bay Park

About This Home

As of July 2021

Fantastic Ocean view with an income too! This multi-dwelling is a rare opportunity to have the ocean view home just moments from the shops at Depoe Bay and 3 - 1 bedroom rentals for income. The main home has 4 bedrooms, 2 baths, updated kitchen w/granite counters, SS appliances, custom molding, blt-ins & 2 separate decks with spectacular surf views. Newer Hardiplank siding and roof. The charming triplex units are each nautically themed (Blue Lagoon, Coral Reef & Cabana). 1 bdrm, 1 bath units w/kitchenettes and gas fireplaces, tankless hot water heaters & ocean view decks. Currently used as successful vacation rentals in outright use Commercial zoning. Buyer must honor all future bookings. Linens are negotiable, seller to exclude Whale in Kitchen.

Last Agent to Sell the Property

Debra Williams

Taylor & Taylor Realty Company License #860200161 Listed on: 03/20/2021

Last Buyer's Agent

Ross Rehberg

Vacasa Real Estate LLC License #201217993

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Exclusions: Tools/gardening
  • Tax Lot 091105CD-4100
  • Assessor Parcel Number 091105CD-4100-00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Depoe Bay Subdivision

Building Details

  • Gross Income $85,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,046

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Exclusions: Tools/gardening
  • Inclusions: Furnishings
  • Subdivision Name: Depoe Bay
  • Directions: Hwy 101 south to Clark St, east to property on the north side of the street
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built Details: Updated
  • Year Built: 1940
  • 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:Lot SqFt: 5662.80
  • General Property Description:_pound_ of Acres: 0.13
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4100
  • General Property Description:Total Bedrooms: 7
  • General Property Description:Total Bathrooms: 5.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • 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: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 091105CD-4100
  • Internal Features:Water Heater: Electric
  • Siding:Lap: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Gross Income: 85000.0
  • Miscellaneous Exclusions: Tools/gardening
  • Special Features: VirtualTour
  • Year Built: 1940

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 8.0

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091105CD-4100-00
  • Zoning: C-1 Commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 85000.0

Tax Info

  • Tax Annual Amount: 5045.71
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Jul 2, 2021
Sold by
Lopez Teresa J
Bought by
Norman Leon S and Norman Jennifer L
Seller's Agent
Debra Williams
Taylor & Taylor Realty Company
Buyer's Agent
Ross Rehberg
Vacasa Real Estate LLC
List Price
$795,000
Sold Price
$830,000
Premium/Discount to List
$35,000
4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$622,500
Outstanding Balance
$570,908
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$404,932

Purchase Details

Closed on
Nov 10, 2017
Sold by
Schmidt Harold and Schmidt Colleen
Bought by
Lopez Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2009
Sold by
Erb Peggy J
Bought by
Schmidt Harold and Schmidt Colleen
Source: Public Records

Similar Home in Depoe Bay, OR

  • 25 Clarke St, Depoe Bay, OR 97341

    $990,000

    • 7 Beds
    • 5 Baths
    • 2,232 Sq Ft
    • 25 Clarke St
    • Depoe Bay, OR

    Spectacular Ocean View Property with Income Potential - just moments from the shops & dining of Depoe Bay. Main residence has 4 beds/2 baths, updated kitchen w/granite counters, SSL appliances, custom millwork, built-ins & 2 decks showcasing stunning surf views. Recent upgrades incl. hardiplank siding & a newer roof. The property incl. a charming, nautically-themed triplex with three 1 bed/1 bath

    Colleen Benson KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $830,000 Western Title & Escrow
Warranty Deed $589,000 Western Title & Escrow
Warranty Deed $300,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $622,500 New Conventional
Previous Owner $389,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $990,000 +19.3% $444 / Sq Ft
07/06/2021 07/06/21 Sold $830,000 +4.4% $372 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $795,000 -- $356 / 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 $5,511 $424,140 -- --
2023 $5,266 $411,790 $0 $0
2022 $5,113 $399,800 $0 $0
2021 $5,159 $388,160 $0 $0
2020 $5,046 $376,860 $0 $0
2019 $4,749 $365,890 $0 $0
2018 $4,611 $355,240 $0 $0
2017 $4,493 $344,900 $0 $0
2016 $4,384 $334,860 $0 $0
2015 $3,960 $325,110 $0 $0
2014 $3,680 $315,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 21-563

APN: R170254