NOT LISTED FOR SALE

34550 Ocean Dr Cloverdale, OR 97112

Estimated Value: $1,092,000 - $1,424,000

3 Beds
3 Baths
2,132 Sq Ft
$614/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $640,000 $300 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,793/month

79 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Craftsman Architecture
  • Fireplace
  • Forced Air Cooling System

About This Home

As of May 2018

Enjoy panoramic views of the Pacific Ocean, Cape Kiwanda and Haystack Rock while you relax in this beautiful, unique oceanfront home. This property is set in the beachfront gated community of Kiwanda Shores in Pacific City. You will be a short walk away from restaurants, galleries and shopping. The home has high end finishes along with comfort for your beach getaway. Open concept kitchen and living area for you to enjoy the fabulous sunsets. This is a must see property!

Last Agent to Sell the Property

Jacie Voegeli

Windermere West LLC, Pacific City License #200504096 Listed on: 01/05/2018

Windermere West LLC, Pacific City

Last Buyer's Agent

Jacie Voegeli

Pacific City Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,447

Year Built

  • Built in 2010

Lot Details

  • 7,405 Sq Ft Lot
  • Ocean Front
  • Property is zoned R-2 Residential

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 2,132 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Living Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • Kiwanda Shores Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 4S1124DD03600

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,447

Year Built

Built in 2010

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.17
  • Lot Size: 7405 SqFt
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Gravel
  • Subdivision Name: Kiwanda Shores
  • Directions: Pacific City turn off HWY 101 onto Brooten Rd. At 4 way stop turn left over the bridge to right on Cape Kiwanda Dr to KIwanda Shores gated community on left.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2010
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.17
  • Location Tax and Other Information:Tax Lot: 3600
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: One and One Half
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 7405 SqFt
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Alternate Heat:Fireplace: Yes
  • Foundation:PillarPostPier: Yes
  • Siding:Shake2: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: None
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 4S1124DD03600
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 5447.28
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
May 16, 2018
Sold by
Ritenbaugh Cheryl and Aickin Mikel
Bought by
Cormack Adam and Cormack Melannie
Seller's Agent
Jacie Voegeli
Windermere West LLC, Pacific City
Buyer's Agent
Jacie Voegeli
Pacific City Real Estate
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%
Current Estimated Value
$1,309,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,792
Avg. Annual Appreciation
9.67%
Original Mortgage
$453,100
Interest Rate
4.4%
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
Cormack Adam $640,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cormack Adam $493,000
Closed Cormack Adam $484,350
Closed Cormack Adam $453,100
Previous Owner Ritenbaugh Cheryl $250,000
Previous Owner Ritenbaugh Cheryl $335,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $640,000 -5.2% $300 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $675,000 -- $317 / 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 $7,749 $642,630 $348,240 $294,390
2023 $7,696 $623,920 $338,100 $285,820
2022 $6,974 $569,020 $328,250 $240,770
2021 $6,809 $552,450 $318,690 $233,760
2020 $6,645 $536,360 $309,400 $226,960
2019 $6,498 $520,740 $300,390 $220,350
2018 $5,962 $505,580 $291,640 $213,940
2017 $5,447 $490,860 $283,150 $207,710
2016 $5,354 $476,570 $274,910 $201,660
2015 $5,233 $462,690 $266,900 $195,790
2014 $5,127 $449,220 $259,130 $190,090
2013 -- $436,140 $251,590 $184,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 18-37

APN: R0247735