NOT LISTED FOR SALE

283 E 3rd St Yachats, OR 97498

Estimated Value: $448,407 - $534,000

1 Bed
1 Bath
981 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $215,000 $219 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,795/month

118 Days on Market

Highlights

  • Water Views
  • Deck
  • Vaulted Ceiling
  • Property is near an ocean
  • Contemporary Architecture
  • Bonus Room

About This Home

As of May 2014

Wonderful ocean, bay, and river views from this hillside home located in Yachats. Vaulted ceilings and a large open loft area that also can be used as sleeping areas. Located just a couple of blocks from the beach and downtown. Wonderful sunny southwest location next to Yachats's public walking trail system. Near a year round creek that you can see and hear from the property.

Last Agent to Sell the Property

Tammy Gagne

Premiere Property Group, LLC (Newport) Brokerage Phone: (541) 265-2200 License #870600040 Listed on: 11/25/2013

Last Buyer's Agent

TAMMY GAGNE

Ken Gagne, Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 50 x 70
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 981 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Bonus Room
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Property is near an ocean
  • Property near a bay
  • Deck

Utilities

  • Baseboard Heating
  • Natural Gas Not Available

Community Details

  • Overlook Yachats Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 8
  • Assessor Parcel Number R56203

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50 x 70
  • Road Surface Type: Paved
  • Subdivision Name: Overlook - Yachats
  • Directions: East On 3rd St. half way to the top on the left
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1981
  • Attribution Contact: (541) 265-2200
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Treatments
  • Fireplace Features: Wood Burning
  • Window Features: Window Treatments

Exterior Features

  • Waterfront: No
  • Construction Type: T1-11 Type
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Garage
  • Parking Features: Attached Garage

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Public
  • Heating: Baseboard

Lot Info

  • Parcel #: R56203
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1982.05
  • Tax Lot: 2401
  • Tax Map Number: 14-12-27 DA
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2015
Sold by
Ballance Matthew S and Ballance Marie C
Bought by
Ballance Matthew S
Current Estimated Value
$489,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$130,815
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$373,537

Purchase Details

Listed on
Nov 25, 2013
Closed on
May 7, 2014
Sold by
Yegge Frank and Yegge Delores
Bought by
Ballance Matthew S and Ballance Marie C
Seller's Agent
Tammy Gagne
Premiere Property Group, LLC (Newport)
Buyer's Agent
TAMMY GAGNE
Ken Gagne, Broker
List Price
$289,000
Sold Price
$215,000
Premium/Discount to List
-$74,000
-25.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$172,000
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ballance Matthew S -- Ticor Title
Ballance Matthew S $215,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballance Matthew S $168,000
Closed Ballance Matthew S $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2014 05/12/14 Sold $215,000 -25.6% $219 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $289,000 -- $295 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $3,330 $241,890 -- --
2024 $3,280 $234,850 -- --
2023 $3,173 $228,010 $0 $0
2022 $2,859 $221,370 $0 $0
2021 $2,807 $214,930 $0 $0
2020 $2,760 $208,670 $0 $0
2019 $2,655 $202,600 $0 $0
2018 $2,618 $196,700 $0 $0
2017 $2,516 $190,980 $0 $0
2016 $2,329 $185,420 $0 $0
2015 $2,101 $180,020 $0 $0
2014 $2,051 $174,780 $0 $0
2013 -- $169,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-69618

Oregon Coast Multiple Listing Service

APN: R56203

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