$192,500
SOLD AUG 11, 2015
3 Beds
2 Baths
1,264 Sq Ft
$8/mo HOA Fee

Recently Sold

$152 Per Sq Ft

30% Below List Price

71 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Zoned Cooling
  • Deck
  • Fireplace
  • 3-minute walk to Lakeview Park

About This Home

As of September 2024

Condo short sale in King Piper Condos. 3 bed/ 2 bath oceanfront condo. Walk out your door to miles of sandy beach! Small complex, only $100/year HOA fee. Buyer to pay $4500 short sale negotiator fee.

Last Agent to Sell the Property

Sandra Lamb

John L Scott Lincoln City Listed on: 02/21/2015

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1970

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Cedar Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Short Sale
  • Court or third-party approval is required for the sale
  • Tax Lot Unit B
  • Assessor Parcel Number 131212DD-80002-00

Community Details

Overview

  • King Piper Condo Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,833

Year Built

Built in 1970

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Road Surface Type: Paved
  • Subdivision Name: King Piper Condo
  • Directions: Hwy 101 to Bayshore to Oceania Dr to address
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1970
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: Yes
  • Contract Information:_three_rd Party Approval: Yes
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • Location Tax and Other Information:Tax Lot: 80002
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Location Tax and Other Information:Subdv ParcelLot: Unit B
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Miscellaneous Possession: COE
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Other

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 131212DD-80002-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 1833.08
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Sep 13, 2024
Sold by
Magnuson Jordan David and Magnuson Marisa Lerin
Bought by
Tatro Michael L
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Richard Hoffman
Emerald Coast Realty - Waldport
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$460,000
Outstanding Balance
$455,922
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$134,501

Purchase Details

Closed on
Mar 6, 2019
Sold by
Studer Kristine S and Wright Kristine S
Bought by
Magnuson Jordan David and Magnuson Marisa Lerin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Feb 21, 2015
Closed on
Jul 21, 2015
Sold by
Hops Hyman and Hops Holly Barrett
Bought by
Wright Scott Richard and Wright Kristine S
Seller's Agent
Sandra Lamb
John L Scott Lincoln City
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$275,000
Sold Price
$192,500
Premium/Discount to List
-$82,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Osberg Darleen J and Barnes Gary O
Bought by
Hops Hyman and Hops Holly Barrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2005
Sold by
Brown Norman R and Brown Barbara J
Bought by
Osberg Darleen J and Barnes Gary O
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 Type Sale Price Title Company
Warranty Deed $575,000 Western Title
Warranty Deed $250,000 First American Title
Warranty Deed $192,500 First American Title Ins Co
Warranty Deed $405,000 Western Title & Escrow Co
Warranty Deed $370,000 Western Title & Escrow Co
Bargain Sale Deed -- Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $200,000 VA
Previous Owner $264,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $629,900 +9.5% $498 / Sq Ft
09/20/2024 09/20/24 Sold $575,000 -3.4% $455 / Sq Ft
07/29/2024 07/29/24 For Sale $595,000 +209.1% $471 / Sq Ft
08/11/2015 08/11/15 Sold $192,500 -30.0% $152 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
02/21/2015 02/21/15 For Sale $275,000 -- $218 / 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 $2,788 $201,290 -- $201,290
2023 $2,733 $195,430 $0 $0
2022 $2,740 $189,740 $0 $0
2021 $2,530 $184,220 $0 $0
2020 $2,477 $178,860 $0 $0
2019 $2,395 $173,660 $0 $0
2018 $2,361 $168,610 $0 $0
2017 $2,337 $163,700 $0 $0
2016 $2,123 $158,940 $0 $0
2015 $1,923 $154,320 $0 $0
2014 $1,869 $149,830 $0 $0
2013 -- $145,470 $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: 14-2038

APN: R262134