NOT LISTED FOR SALE

Estimated Value: $140,000 - $152,000

0.09 Acre
$1,629,633 Price per Acre
3,920 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $110,000

Est. 33% increase in value since last sale

Current estimated payment $839/month

33 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • 5-minute walk to Connie Hansen Garden Conservancy
  • No HOA

About This Lot

As of March 2021

Desirable NW Wecoma area of Lincoln City area level and mostly clear lot with a few trees at street. Ready for you to build the home of your dreams or that perfect vacation get-a-way. All Utilities are at the street. Possible ocean views from 2nd story home. Close distance to beach access.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 01/19/2021

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Mackenzie Folkerts

Emerald Coast Realty - Depoe Bay License #201235968

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $698

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x80
  • Level Lot
  • Property is zoned R-5 Residential

Property Views

  • Ocean Views

Utilities

  • Gas Available at Street
  • Septic System

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 071103DC-16601-00

Community Details

Overview

  • No Home Owners Association
  • Wecoma Beach Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$698

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size: 50x80
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Subdivision Name: Wecoma Beach
  • Directions: Hwy 101, W on NW 30th, N on NW Mast to address
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 16601
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • Septic:Sewer: Yes
  • General Property Description:Lot Dimensions: 50x80
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Available
  • Water Source: At Street

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071103DC-16601-00
  • Zoning: R-5 Residential

Tax Info

  • Tax Annual Amount: 698.17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 15, 2021
Sold by
Schaefer Donald and Schaefer Milynn
Bought by
Young Douglas M and Young Deirdre E
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Mackenzie Folkerts
Emerald Coast Realty - Depoe Bay
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%
Current Estimated Value
$146,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,667
Avg. Annual Appreciation
6.42%
Original Mortgage
$14,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Becker Martin L
Bought by
Schaefer Donald and Schaefer Milynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Young Douglas M $110,000 Lawyers Title
Schaefer Donald $331,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Young Douglas M $14,000
Previous Owner Schaefer Donald $264,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $110,000 -7.6% --
02/21/2021 02/21/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $119,000 -- --
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 $821 $48,170 $48,170 --
2023 $799 $46,770 $0 $0
2022 $776 $45,410 $0 $0
2021 $740 $44,090 $0 $0
2020 $723 $42,810 $0 $0
2019 $698 $41,570 $0 $0
2018 $682 $40,360 $0 $0
2017 $653 $39,190 $0 $0
2016 $613 $38,050 $0 $0
2015 $599 $36,950 $0 $0
2014 $584 $35,880 $0 $0
2013 -- $34,840 $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: 20-1463

APN: R252352