NOT LISTED FOR SALE

316 Old River Rd NE Siletz, OR 97380

Estimated Value: $456,000 - $566,000

4 Beds
2 Baths
1,656 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $267,000 $161 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,006/month

213 Days on Market

Highlights

  • River View
  • No HOA
  • Fireplace
  • Ranch Style House
  • Covered Patio or Porch
  • 1 Car Attached Garage

About This Home

As of March 2017

Why drive to the Siletz River when you can live on a bluff overlooking it. The property line goes right to the edge. Fish, Swim, or just enjoy the View. Big family or a lot of guests, you'll have room for them all. Have s'mores over the backyard fire pit. If you're thinking of having a garden or chickens, this is the ideal place. A large heated shed is perfect for the coming winter months. You'll be comfortable using the double-sided fireplace or the certified wood stove. The owners have made good use of the backyard with a fire pit, an unfinished pizza oven, a raised garden and room for small animals. The shop, 16x24, is heated and insulated and ready to use. All NEW plumbing. Gas is at the street.

Last Agent to Sell the Property

Wendy Birchfield

Windermere WCP Real Estate Gallery Listed on: 06/06/2016

Co-Listed By

Out of Area

OUT OF AREA

Last Buyer's Agent

Dannielle Woodward

Ocean Equity Real Estate & Investments, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 1963

Lot Details

  • 0.85 Acre Lot
  • River Front
  • Property is zoned S-R Single Family Residential

Parking

  • 1 Car Attached Garage

Property Views

  • River
  • Mountain

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Bathroom
  • Handicap Accessible
  • Ramp on the main level

Outdoor Features

  • Covered Patio or Porch
  • Shop

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Siletz Subdivision

Listing and Financial Details

  • Short Sale
  • Tax Lot 2601
  • Assessor Parcel Number 10100400-2601-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,147

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 0.85
  • Lot Size: 656x123approx
  • Lot Size Sq Ft: 37026.0
  • Road Surface Type: Paved
  • Subdivision Name: Siletz
  • Directions: Hwy 20 to Hwy 229 toward Siletz, onto Logsden Rd, left on Palmer Rd to Old River Rd. The home is on the left as soon as you turn onto Old River Rd.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1963
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: Yes
  • General Property Description:Frontage: River
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: River
  • General Property Description:_pound_ of Acres: 0.85
  • Location Tax and Other Information:Tax Lot: 2601
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: 656x123approx
  • Location Tax and Other Information:Subdv ParcelLot: 2601
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Roof:Metal: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Vinyl: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Outbuildings:Shop: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • Handicap Features:Ramped Main Level: Yes
  • Miscellaneous Possession: with deed
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Other, Vinyl, Carpet
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

Exterior Features

  • View: Mountain
  • Foundation Details: Cont/Con
  • Other Structures: Shop
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 10100400-2601-00
  • Zoning: S-R Single Family Residential

Tax Info

  • Tax Annual Amount: 2146.54
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Gene Bush Kenneth
Bought by
Bush Kenneth Gene and Bush Kimberly Rene
Current Estimated Value
$520,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$96,018
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$432,665

Purchase Details

Closed on
Jun 16, 2016
Sold by
Reineccuius Matthew M and Reineccius Amy J
Bought by
Bush Kenneth Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2008
Sold by
Stearns Nadean
Bought by
Reineccius Matthew M and Reineccius Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,865
Interest Rate
6.32%
Mortgage Type
VA
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
Bush Kenneth Gene -- Fidelity National Title
Bush Kenneth Gene $267,000 Wte
Reineccius Matthew M $260,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Kenneth Gene $100,000
Open Bush Kenneth Gene $450,000
Previous Owner Bush Kenneth Gene $372,000
Previous Owner Bush Kenneth Gene $269,900
Previous Owner Bush Kenneth Gene $238,000
Previous Owner Bush Kenneth Gene $40,000
Previous Owner Bush Kenneth Gene $260,900
Previous Owner Bush Kenneth Gene $253,650
Previous Owner Reineccius Matthew W $268,837
Previous Owner Reineccius Matthew M $276,826
Previous Owner Reineccius Matthew M $261,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $267,000 -9.1% $161 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
06/06/2016 06/06/16 For Sale $293,750 -- $177 / 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 $3,096 $241,600 -- --
2023 $2,998 $234,570 $0 $0
2022 $2,905 $227,740 $0 $0
2021 $2,831 $221,110 $0 $0
2020 $2,773 $214,670 $0 $0
2019 $2,663 $208,420 $0 $0
2018 $2,613 $202,350 $0 $0
2017 $2,531 $196,460 $0 $0
2016 $2,461 $190,740 $0 $0
2015 $2,147 $185,190 $0 $0
2014 $2,088 $179,800 $0 $0
2013 -- $174,570 $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: 16-1717

APN: R105676