NOT LISTED FOR SALE

Estimated Value: $324,000 - $381,000

2 Beds
1 Bath
768 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $117,500 $153 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,201/month

152 Days on Market

Highlights

  • Deck
  • Cottage
  • Utility Room
  • No HOA
  • 1-Story Property
  • Family Room

About This Home

As of May 2012

DARLING BEACH COTTAGE with ocean peaks! This immaculate renovated beach home boasts designer touches & colors, newer appliances, birch cabinets and a long list of upgrades. Sunny southern exposure and protected from the wind. Lovely covered deck, EZ beach landscaping. Desirable NW Lincoln City location near beach, shops,dining. Parking w/room for your RV. Subject to short sale & 3rd Party Approval

Last Agent to Sell the Property

John Iwamura

Coldwell Banker Gesik Realty, Inc Listed on: 07/02/2011

Last Buyer's Agent

ldwellJR Yoast

Coldwell Banker Gesik Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1968

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned R-5 Residential

Home Design

  • Cottage
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Family Room
  • Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Deck
  • Water Heater

Community Details

  • No Home Owners Association
  • Wecoma Beach Subdivision

Listing and Financial Details

  • Short Sale
  • Tax Lot 24 & 25 ptn of
  • Assessor Parcel Number 071103DD-20101-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,390

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size: Irregular
  • Lot Size Sq Ft: 3920.4
  • Subdivision Name: Wecoma Beach
  • Directions: NW Hwy 101 to NW 30th Right on NW Port Dr. to address.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1968
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: Yes
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.09
  • Location Tax and Other Information:Tax Lot: 20101
  • 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
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 24 & 25 ptn of
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Utilities:Sewer2: City Property
  • Water: City Property
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Miscellaneous Possession: Negotiable
  • External Features:Roof: Composition
  • External Features:Siding: T1-11
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck
  • External Features:Street Surface: Paved
  • External Features:Outbuildings: Shed
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071103DD-20101-00
  • Zoning: R-5 Residential

Tax Info

  • Tax Annual Amount: 1389.73
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2011
Closed on
Apr 25, 2012
Sold by
Austin Ward J
Bought by
Schmitt William Hans and Schmitt Alexa Ann
Seller's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
ldwellJR Yoast
Coldwell Banker Gesik Realty, Inc
List Price
$169,000
Sold Price
$117,500
Premium/Discount to List
-$51,500
-30.47%
Current Estimated Value
$368,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,834
Avg. Annual Appreciation
8.67%
Original Mortgage
$105,750
Outstanding Balance
$75,064
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$279,140

Purchase Details

Closed on
Mar 30, 2007
Sold by
Scott Edgar E and Scott Helen M
Bought by
Austin Ward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schmitt William Hans $117,500 Premier Title Of Oregon
Austin Ward J $188,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt William Hans $105,750
Previous Owner Austin Ward J $150,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $117,500 -30.5% $153 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
07/02/2011 07/02/11 For Sale $169,000 -- $220 / 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 $2,211 $129,700 -- --
2023 $2,150 $125,930 $0 $0
2022 $2,091 $122,270 $0 $0
2021 $1,991 $118,710 $0 $0
2020 $1,946 $115,260 $0 $0
2019 $1,880 $111,910 $0 $0
2018 $1,837 $108,660 $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: 11-1835

APN: R450500