NOT LISTED FOR SALE

27 Basalt Loop Yachats, OR 97498

Estimated Value: $762,000

2 Beds
3 Baths
1,588 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $699,000 $440 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,894/month

77 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • 5-minute walk to Yachats Ocean Road State Natural Site

About This Home

As of July 2022

Ocean, Bay and River view home in sought after beachfront Koho Oregon development. Modern contemporary design with soaring vaulted ceilings, floor to ceiling windows and southern exposure to take in the views and natural light. Open concept layout, 2 bedroom 2 and a half bath with attached two car garage with electric vehicle plug in. Luxury finish details include oak hardwood flooring, custom fireplace with natural stone and wood mantle. Kitchen is open and bright with cherry cabinetry, stainless appliances, granite counters, center island with down draft range. Oceanview balcony with trex type decking, glass surround and gas bbq connection. HOA provides maintenance to the exterior of the home and grounds, hot tub, fitness room, clubhouse and is adjacent to beach access trail.

Last Listed By

Audra Powell

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 06/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,807

Year Built

  • Built in 2018

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 56.57 x 37.04
  • Irregular Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Metal Roof
  • HardiePlank Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Propane
  • Water Heater

Community Details

  • Association fees include trash
  • John Stephens Association, Phone Number (503) 936-1685
  • Secondary HOA Phone (503) 936-1685
  • Kohooregon Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 141227DD-6700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,807

Year Built

Built in 2018

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.05
  • Lot Size: 56.57 x 37.04
  • Lot Size Sq Ft: 2178.0
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: KOHOoregon
  • Directions: Just south of the Yachats bridge, turn west on Koho loop, Home is on the North side of the development, the first in second row.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2018
  • Attribution Contact: (541) 265-2200
  • 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: Ocean
  • General Property Description:Secondary View: Bay
  • General Property Description:_pound_ of Acres: 0.05
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 6700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 56.57 x 37.04
  • Location Tax and Other Information:Subdv ParcelLot: 21
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Hardi Plank: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Flooring:Tile2: Yes
  • Ceiling:Beam: Yes
  • Alternate Heat:Gas FP Insert: Yes
  • Handicap Features:_three_6_squote__squote_ hallways: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Gas/Propane: Yes
  • HeatingCooling:Electric Baseboard: Yes
  • HeatingCooling:Electric Heat Pump: Yes
  • HeatingCooling:Other - Cooling: Yes

Condo/Co-op/Association

  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Phone: 503-936-1685
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • Association Fee Inclusions:Other11: Maintenance of the Exterior of the home.
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: John Stephens
  • CondoAssociation:Assoc Contact Phone: 503-936-1685

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Parcel #: 141227DD-6700-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5807.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Ryan Jorgensen Family Trust and Jorgensen Richard P
Bought by
Igelman Mark Jeffery and Gibney Theresa A
Total Days on Market
77
Current Estimated Value
$762,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$522,029
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$239,971

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 4, 2022
Sold by
Griffith Donald L
Bought by
Ryan Jorgensen Family Trust
Seller's Agent
Audra Powell
Advantage Real Estate
Buyer's Agent
Tammy Gagne
Advantage Real Estate
List Price
$785,000
Sold Price
$699,000
Premium/Discount to List
-$86,000
-10.96%

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%
Original Mortgage
$489,300
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 15, 2019
Sold by
Hall Yachats Llc
Bought by
Griffith Donald L and Griffith Jonathan Hadley
Seller's Agent
Audra Powell
Advantage Real Estate
Buyer's Agent
Audra Powell
Advantage Real Estate
List Price
$524,800
Sold Price
$498,000
Premium/Discount to List
-$26,800
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%

Range of Values:

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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
Igelman Mark Jeffery $750,000 Western Title
Ryan Jorgensen Family Trust $699,000 Western Title
Griffith Donald L $498,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igelman Mark Jeffery $525,000
Previous Owner Ryan Jorgensen Family Trust $489,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $699,000 -11.0% $440 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $785,000 +57.6% $494 / Sq Ft
08/19/2019 08/19/19 Sold $498,000 -5.1% $302 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $524,800 -- $318 / 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 $6,785 $485,840 -- --
2023 $6,564 $471,690 $0 $0
2022 $5,914 $457,960 $0 $0
2021 $5,807 $444,630 $0 $0
2020 $5,709 $431,680 $0 $0
2019 $4,887 $372,960 $0 $0
2018 $1,832 $137,660 $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: 22-551

APN: 14-12-27-DD-06700-00