$498,000
SOLD AUG 19, 2019

27 Basalt Loop Yachats, OR 97498

2 Beds
3 Baths
1,650 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

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

About This Home

As of July 2022

New finished construction contemporary home in beachfront Koho Oregon Development. soaring vaulted ceilings and floor to ceiling windows to let in the natural light and beautiful ocean and bay views. Fantastic open concept layout, 2 bedroom 2 and a half bath with attached two car garage with electric vehicle plug in. Luxury finish details, solid oak hardwood flooring throughout main level, 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 decking, glass surround and gas bbq connection. HOA provides worry free maintenance to the exterior of the home and grounds, hot tub, fitness room, dog washing station.

Last Agent to Sell the Property

Audra Powell

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 07/02/2019

Last Buyer's Agent

Audra Powell

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 07/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 56.57 x 37.04
  • 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
  • Concrete Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • David W. Rieseck Association
  • Kohooregon Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,832

Year Built

Built in 2018 | Newly Remodeled

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
  • 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
  • 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
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 56.57 x 37.04
  • Location Tax and Other Information:Subdv ParcelLot: 21
  • General Property Description:Property Sub-Type: New Construction
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Roof:Metal: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Ceiling:Beam: Yes
  • Utilities:Sewer2: City Property
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: Propane
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • 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: Billed Bi-Annually
  • Association: Yes

Association/Amenities

  • Association Fee Inclusions:Maintenance - 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: David W. Rieseck
  • CondoAssociation:Assoc Contact Phone: Billed Bi-Annually

Lot Info

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

Tax Info

  • Tax Annual Amount: 1831.97
  • Tax Year: 2018

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
Current Estimated Value
$776,000

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
$520,508
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$255,492

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
3.44%
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%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $750,000 Western Title
Warranty Deed $699,000 Western Title
Warranty Deed $498,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $489,300 New Conventional
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: 19-1708

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