NOT LISTED FOR SALE

2589 E Alsea Hwy Waldport, OR 97394

Estimated Value: $390,000 - $441,000

4 Beds
3 Baths
2,062 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $105,800 $51 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $2,389/month

3 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Zoned Cooling
  • Bonus Room
  • Living Room
  • 1-Story Property

About This Home

As of December 2017

PRICE REDUCTION AND BACK ON MARKET! Great size lot with room for your toys! Oversized garage / shop. 2062 sf, 4 bedroom, 2.5 bath house needs some TLC but has huge potential as a vacation or full time home.

Last Agent to Sell the Property

Gerald Aldrich

Taylor & Taylor Realty Company License #881200093 Listed on: 10/27/2017

Co-Listed By

Karol Aldrich

Taylor & Taylor Realty Company License #971100198

Last Buyer's Agent

Nadine Hankins

Coldwell Banker Gesik Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1942

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R-1 Residential, Single Family

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Shop

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 131128BB-1400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.43
  • Lot Size: 19731
  • Lot Size Sq Ft: 18730.8
  • Road Surface Type: Paved
  • Directions: From Waldport, east on Alsea Hwy, property on right
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1942
  • Contract Information:BankLender Owned: Yes
  • 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:_pound_ of Acres: 0.43
  • Location Tax and Other Information:Tax Lot: 01400
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 19731
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Siding:Lap: Yes
  • Sewerseptic In: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: Shop
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 131128BB-1400-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1874.16
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 13, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Palmer Michael W
Seller's Agent
Gerald Aldrich
Taylor & Taylor Realty Company
Buyer's Agent
Nadine Hankins
Coldwell Banker Gesik Realty, Inc
List Price
$125,000
Sold Price
$105,800
Premium/Discount to List
-$19,200
-15.36%
Current Estimated Value
$411,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,418
Avg. Annual Appreciation
18.96%
Original Mortgage
$102,600
Outstanding Balance
$86,380
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$324,838

Purchase Details

Closed on
Sep 23, 2016
Sold by
Loandepotcom Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 21, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Noyes Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,051
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2011
Sold by
Divine Sonja A
Bought by
Deutsche Bank National Trust Company
Source: Public Records

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 Buyer Sale Price Title Company
Palmer Michael W $105,800 Western Title & Escrow
Secretary Of Housing & Urban Development -- None Available
Noyes Charles H $106,200 Fidelity Natl Title Co Of Or
Deutsche Bank National Trust Company $154,639 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Michael W $102,600
Previous Owner Noyes Charles H $110,051
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $105,800 -15.4% $51 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $125,000 -- $61 / 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 $2,400 $179,930 -- --
2023 $2,327 $174,690 $0 $0
2022 $2,243 $169,610 $0 $0
2021 $2,186 $164,670 $0 $0
2020 $2,146 $159,880 $0 $0
2019 $2,053 $155,230 $0 $0
2018 $2,025 $150,710 $0 $0
2017 $1,897 $146,330 $0 $0
2016 $1,874 $144,160 $0 $0
2015 $1,406 $129,430 $0 $0
2014 $1,617 $143,360 $0 $0
2013 -- $139,190 $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: 17-2222

APN: R141105