NOT LISTED FOR SALE

Estimated Value: $314,729 - $428,000

2 Beds
1 Bath
762 Sq Ft
$473/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $78,000 $102 Per Sq Ft

Est. 362% increase in value since last sale

Current estimated payment $2,051/month

48 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Vaulted Ceiling
  • Cottage
  • 1-Story Property

About This Home

As of October 2015

Classic Beach House in the popular Nelscott Area of Lincoln City. This 2 bedroom, 1 bath home is just blocks to the sandy beach. This is a HomePath property.

Last Agent to Sell the Property

Mary O'Connor

Coldwell Banker Gesik Realty, Inc Listed on: 09/03/2015

Last Buyer's Agent

Tammy Powell

Emerald Coast Realty - Depoe Bay License #940200303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1935

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x72
  • Property is zoned NBMU - Nelscott Beach Mixed Use

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 762 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Furnace
  • No Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Nelscott Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 10
  • Assessor Parcel Number 071122CD-8500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,322

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.08
  • Lot Size: 50x72
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Beach
  • Directions: Hwy 101 to SW 32nd, west to SW Beach to address
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1935
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.08
  • Location Tax and Other Information:Tax Lot: 8500
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: 50x72
  • Location Tax and Other Information:Subdv ParcelLot: 10
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • Foundation:PillarPostPier: Yes
  • HeatingCooling:Gas Wall Furnace: Yes
  • Miscellaneous Possession: negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: None
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

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

Utilities

  • Water Source: City Property

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071122CD-8500-00
  • Zoning: NBMU - Nelscott Beach Mixed Use

Tax Info

  • Tax Annual Amount: 1321.95
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Oct 26, 2015
Sold by
Fannie Mae
Bought by
Sager Steven T and Sager Jennifer C
Seller's Agent
Mary O'Connor
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Tammy Powell
Emerald Coast Realty - Depoe Bay
List Price
$112,000
Sold Price
$78,000
Premium/Discount to List
-$34,000
-30.36%
Current Estimated Value
$360,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,182
Avg. Annual Appreciation
16.35%

Purchase Details

Closed on
Mar 23, 2015
Sold by
Vorderstrasse Dennis G and Vorderstrasse Marilyn M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 12, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 22, 2014
Sold by
Vorderstrasse Dennis G and Vorderstrasse Marilyn M
Bought by
Nationstar Mortgage Llc
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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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
Sager Steven T $78,000 Ticor Title Company Of Or
Federal National Mortgage Association $160,395 None Available
Federal National Mortgage Association -- First American Title Ins Co
Nationstar Mortgage Llc $160,395 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $78,000 -30.4% $102 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $112,000 -- $147 / 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 $1,860 $109,090 -- --
2023 $1,809 $105,920 $0 $0
2022 $1,758 $102,840 $0 $0
2021 $1,675 $99,850 $0 $0
2020 $1,637 $96,950 $0 $0
2019 $1,581 $94,130 $0 $0
2018 $1,545 $91,390 $0 $0
2017 $1,479 $88,730 $0 $0
2016 $1,387 $86,150 $0 $0
2015 $1,356 $83,650 $0 $0
2014 $1,322 $81,220 $0 $0
2013 -- $78,860 $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: 15-1342

APN: R233726