NOT LISTED FOR SALE

278 N Highway 101 Depoe Bay, OR 97341

Estimated Value: $394,000 - $607,000

2 Beds
3 Baths
1,450 Sq Ft
$346/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $245,000 $169 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,995/month

69 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Fireplace
  • Deck
  • No HOA
  • 1-minute walk to Depoe Bay Park

About This Home

As of November 2016

Magnificent Depoe Bay View Home. Master Bedroom, Living room with beautiful brick fire place has views of the Bay. Kitchen and dining room all have outstanding views of the Bay. This 3 bedroom, 2.5 bathroom is well maintained. The unit is currently a long term rental property. Large lot to the south is currently offered with this home.

Last Agent to Sell the Property

David Adolf

John L Scott Newport Listed on: 06/23/2016

Co-Listed By

Jon Lynch

John L Scott Newport License #780303684

Last Buyer's Agent

Jon Lynch

Coldwell Banker - Central Coast Realty - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 100 x 103
  • Property fronts a highway
  • Property is zoned C-1 Commercial

Property Views

  • Ocean
  • Mountain

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Depoe Bay Subdivision

Listing and Financial Details

  • Tax Lot Lot 8
  • Assessor Parcel Number 091105CD-1200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,770

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Highway
  • Lot Size: 100 X 103
  • Road Surface Type: Paved
  • Subdivision Name: Depoe Bay
  • Directions: Highway 101 going North in Depoe Bay, property is at north end of town on the Right. It is directly across from Tidal Raves Restaurant.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1930
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • Location Tax and Other Information:Tax Lot: 001201
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 100 X 103
  • Location Tax and Other Information:Subdv ParcelLot: Lot 8
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Deck and Patio: Yes
  • Roof:Metal: Yes
  • Siding:Vinyl: Yes
  • Sewer:Public2: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Baseboard, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: On Property
  • HeatingCooling:Electric Forced Air: Yes
  • HeatingCooling:Electric Baseboard: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 091105CD-1200-00
  • Zoning: C-1 Commercial

Tax Info

  • Tax Annual Amount: 1770.3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Nov 21, 2016
Sold by
Bruce Nancy S and Grace S Strom Revocable Living
Bought by
424 Lincoln Llc
Seller's Agent
David Adolf
John L Scott Newport
Buyer's Agent
Jon Lynch
Coldwell Banker - Central Coast Realty - Newport
List Price
$249,500
Sold Price
$245,000
Premium/Discount to List
-$4,500
-1.8%
Current Estimated Value
$506,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,062
Avg. Annual Appreciation
8.42%
Original Mortgage
$170,000
Outstanding Balance
$32,575
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$462,534

Purchase Details

Closed on
Jun 6, 2016
Sold by
The Strom Family Limited Partnership
Bought by
Bruce Nancy S and Grace S Strom Revocable Living Trust

Purchase Details

Closed on
May 4, 2006
Sold by
Strom Grace S and Strom Larry F
Bought by
Strom Grace S and The Strom Family Lp
Source: Public Records

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
424 Lincoln Llc $245,000 Western Title & Escrow
Bruce Nancy S -- Accommodation
Strom Grace S $325,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 424 Lincoln Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $245,000 -1.8% $169 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $249,500 -- $172 / 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 $2,683 $206,520 -- --
2023 $2,564 $200,510 $0 $0
2022 $2,490 $194,670 $0 $0
2021 $2,512 $189,000 $0 $0
2020 $2,457 $183,500 $0 $0
2019 $2,312 $178,160 $0 $0
2018 $2,245 $172,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Adolf

    John L Scott Newport

  • J

    Seller Co-Listing Agent in 2016

    Jon Lynch

    John L Scott Newport

See All Agents

Map

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

MLS Number: 16-1939

APN: R94463

Oregon Lincoln County Depoe Bay 97341

278 N Highway 101, Depoe Bay, OR

This home is located at 278 N Highway 101, Depoe Bay, OR 97341 since 23 June 2016 and is currently estimated at $501,242, approximately $345 per square foot. This property was built in 1930. 278 N Highway 101 is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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