NOT LISTED FOR SALE

262 University Ave Manzanita, OR 97130

Estimated Value: $918,000 - $1,000,411

2 Beds
1 Bath
1,160 Sq Ft
$823/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $1,008,000 $869 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,469/month

14 Days on Market

Highlights

  • Ocean View
  • Deck
  • Vaulted Ceiling
  • Nehalem Elementary School Rated 10
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2022

Lounge by the fire and watch gorgeous ocean sunsets and clouds drifting over Neahkanie Mt. Enjoy outdoor living and the sound of the surf from 900 sq. ft. of beautiful cedar deck. This bright and airy Classic Ridge getaway sits above the tsunami zone by a woodsy trail down to the beach. With all new stainless, luxury vinyl/ fir floors, vaulted T&G ceilings, and views from all the main rooms, this custom beauty offers unique design and 2,000 sq. ft. of understory for storage or expansion galore.

Last Agent to Sell the Property

Peter de Turk

Pete Anderson Realty License #201209379 Listed on: 08/18/2022

Last Buyer's Agent

Jeff Weithman

Where, Inc License #201224427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1988

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot
  • Private Yard
  • Property is zoned R-2

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Nehalem Elementary School
  • Neah-Kah-Nie Middle School
  • Neah-Kah-Nie High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Wood
  • Electric Water Heater

Additional Features

  • Accessibility Features
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 393024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,655

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1988
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: NWContemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, HighCeilings, Laundry, VaultedCeiling, VinylFloor, WasherDryer, WoodFloors
  • Basement: None
  • Appliances: Dishwasher, FreeStandingRange, Pantry, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Exterior Features: Deck, PublicRoad, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: PillarPostPier
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Mountain,Ocean

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Nehalem
  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie

Lot Info

  • Zoning: R-2
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 393024

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3655.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
James Ryan Michael
Bought by
James Ryan James Rankin Living
Current Estimated Value
$941,899

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 16, 2022
Sold by
Weaver Robert L
Bought by
James Ryan Michael and Rankin Adelbert Wynn
Seller's Agent
Peter de Turk
Pete Anderson Realty
Buyer's Agent
Jeff Weithman
Where, Inc
List Price
$739,000
Sold Price
$1,008,000
Premium/Discount to List
$269,000
36.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.07%
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
James Ryan James Rankin Living -- None Listed On Document
James Ryan Michael $1,008,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver Robert L $40,000
Previous Owner Weaver Robert L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $1,008,000 +36.4% $869 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $739,000 -- $637 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,042 $342,400 $168,880 $173,520
2023 $4,007 $332,430 $163,960 $168,470
2022 $3,768 $322,750 $159,180 $163,570
2021 $3,655 $313,350 $154,540 $158,810
2020 $3,510 $304,230 $150,050 $154,180
2019 $3,412 $295,370 $145,680 $149,690
2018 $3,323 $286,770 $141,440 $145,330
2017 $3,229 $278,420 $137,320 $141,100
2016 $3,136 $270,320 $133,320 $137,000
2015 $3,079 $262,450 $129,440 $133,010
2014 $3,028 $254,810 $125,670 $129,140
2013 -- $247,390 $122,010 $125,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22572193

Regional Multiple Listing Service (RMLS)

APN: R0393024