NOT LISTED FOR SALE

31931 W Ocean Ln Arch Cape, OR 97102

Estimated Value: $484,896 - $870,000

3 Beds
3 Baths
1,408 Sq Ft
$521/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $760,000 $540 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,068/month

Highlights

  • Spa
  • 2 Fireplaces
  • Attached Garage
  • Deck
  • Private Yard
  • Views

About This Home

As of August 2022

Investment opportunity with an unbeatable location in Arch Cape! Charming cottage with stunning ocean views and beach access less than a block away. Kitchen features island with eat-bar plus dining area. The loft makes perfect 4th sleeping quarters. Sleeps 10 guests comfortably. Includes 2-car garage plus additional parking, hot tub and spacious back yard. AS-IS, seller to do no repairs.

Last Agent to Sell the Property

Chris Suarez

Keller Williams Sunset Corridor License #200108016 Listed on: 07/17/2022

Keller Williams Sunset Corridor

Co-Listed By

Halle Hartell

Keller Williams Sunset Corridor License #201245069

Last Buyer's Agent

Dustin Miller

Kelly Right Real Estate of Portland, LLC License #201218282

Kelly Right Real Estate of Portland, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • Fenced
  • Level Lot
  • Private Yard

Parking

  • Attached Garage
  • Driveway

Home Design

  • Shake Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Laundry Room
  • Property Views

Outdoor Features

  • Spa
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,160

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage, 2 Story
  • Sq Ft Calculated: 1408
  • Sq Ft Approximate Total: 1408
  • Stories: 2
  • Year Built: 1947
  • Property Condition: Updated/Remodeled
  • Remarks Public: Investment opportunity with an unbeatable location in Arch Cape! Charming cottage with stunning ocean views and beach access less than a block away. Kitchen features island with eat-bar plus dining area. The loft makes perfect 4th sleeping quarters. Sleeps 10 guests comfortably. Includes 2-car garage plus additional parking, hot tub and spacious back yard. AS-IS, seller to do no repairs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Loft
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 3.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Laundry
  • Kitchen Appliances: Microwave, Island, Free-Standing Range
  • Legal Description: Book 800 page 387 &398
  • Sq Ft Main Level: 704
  • Upper Level Sq Ft: 704
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 3
  • Dining Room: On Level: Upper
  • Family Room: On Level: Upper
  • Living Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Additional Room 1: Description: Loft,On Level: Upper
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Exterior Features: Deck, Fenced, Free-Standing Hot Tub, Yard
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity
  • Sewer: Community, Public Sewer
  • Water Description: Community
  • Heating Description: Forced Air

Schools

  • Elementary School: Cannon Bch Acad
  • Middle School: Seaside
  • High School: Seaside

Lot Info

  • Lot Description: Level
  • Acres: 0.12

Tax Info

  • Tax Amount: 4178.78
  • Assessor Parcel Number: 2827
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cannon Bch Acad
  • High School: Seaside
  • Middle School: Seaside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Aug 12, 2022
Sold by
Moody Gary E and Joint Stephany
Bought by
Shaffer Brian Thomas and Kang Christina
Seller's Agent
Chris Suarez
Keller Williams Sunset Corridor
Buyer's Agent
Dustin Miller
Kelly Right Real Estate of Portland, LLC
List Price
$860,000
Sold Price
$760,000
Premium/Discount to List
-$100,000
-11.63%
Current Estimated Value
$733,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,776
Avg. Annual Appreciation
-1.13%

Purchase Details

Closed on
May 6, 2016
Sold by
Moody Stephany J
Bought by
Gary E Moody & Stephany J Moody Joint Re
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
Shaffer Brian Thomas $760,000 Ticor Title
Gary E Moody & Stephany J Moody Joint Re -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $760,000 -11.6% $540 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $860,000 -- $611 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $2,160 $156,939 -- --
2023 $4,355 $338,053 $0 $0
2022 $4,253 $328,208 $0 $0
2021 $4,179 $318,649 $0 $0
2020 $4,081 $309,369 $0 $0
2019 $3,852 $300,360 $0 $0
2018 $3,678 $291,612 $0 $0
2017 $3,560 $283,120 $0 $0
2016 $3,073 $274,874 $131,903 $142,971
2015 $3,003 $266,869 $128,062 $138,807
2014 $2,940 $259,098 $0 $0
2013 -- $225,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22240962

Regional Multiple Listing Service (RMLS)

APN: 2827