NOT LISTED FOR SALE

34590 Ocean Dr Pacific City, OR 97135

Estimated Value: $794,487 - $1,077,000

3 Beds
3 Baths
1,470 Sq Ft
$632/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $480,000 $327 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,342/month

44 Days on Market

Highlights

  • Furnished
  • Living Room
  • Carpet
  • Cottage
  • Dining Room
  • Heating Available

About This Home

As of November 2016

OCEANFRONT! One of the few in beautiful Pacific City. If you are looking for an oceanfront property that has an EXCELLENT vacation rental history this is the one! Spectacular Views of the Pacific and Haystack Rock.Located in the gated community of Kiwanda Shores. 3 bedroom and 3 bath with loft areas for extra space. Private outdoor courtyard also adds to living space. Don't miss this opportunity!

Last Agent to Sell the Property

Rebecca Kirkendall

CENTURY 21 Shorepine Properties License #200805054 Listed on: 08/01/2016

Co-Listed By

Courtney Fields

CENTURY 21 Shorepine Properties

Last Buyer's Agent

Rebecca Kirkendall

CENTURY 21 Shorepine Properties License #200805054 Listed on: 08/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1972

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R-2 Residential

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater

Community Details

  • Kiwanda Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,564

Year Built

Built in 1972

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: .16 acres
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Paved
  • Co List Office Mls Id: SPV
  • Subdivision Name: Kiwanda Shores
  • Directions: Hwy 101 to Pacific City/Brooten Rd. At blinking light west on Pacific Ave over bridge to Cape Kiwanda Dr. right to first entry gate of Kiwanda Shores. West on Kiwanda Dr. to Ocean Dr. Turn left
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1972
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Microwave, Refrigerator, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Window Features: Window Treatments

Exterior Features

  • Waterfront: Yes
  • Construction Type: Shake Siding, Cedar
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 8000
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 3564.05
  • Tax Lot: 8000
  • Tax Map Number: 4S1124-DD-0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Nov 11, 2016
Sold by
Schock Carl and Schock Michelle
Bought by
Cormack Adam and Cormack Melannie
Seller's Agent
Rebecca Kirkendall
CENTURY 21 Shorepine Properties
Buyer's Agent
Rebecca Kirkendall
CENTURY 21 Shorepine Properties
List Price
$625,000
Sold Price
$480,000
Premium/Discount to List
-$145,000
-23.2%
Current Estimated Value
$929,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,122
Avg. Annual Appreciation
7.54%
Original Mortgage
$360,000
Outstanding Balance
$289,018
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$640,104
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $480,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cormack Adam $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $480,000 -23.2% $327 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $625,000 -- $425 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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 $5,215 $432,160 $229,510 $202,650
2023 $5,179 $419,580 $222,830 $196,750
2022 $4,996 $407,360 $216,340 $191,020
2021 $4,878 $395,500 $210,040 $185,460
2020 $4,760 $383,990 $203,930 $180,060
2019 $4,655 $372,810 $197,990 $174,820
2018 $4,271 $361,960 $192,230 $169,730
2017 $3,903 $351,420 $186,630 $164,790
2016 $3,837 $341,190 $181,200 $159,990
2015 $3,750 $331,260 $175,930 $155,330
2014 $3,674 $321,620 $170,810 $150,810
2013 -- $312,260 $165,840 $146,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-75956

Oregon Coast Multiple Listing Service

APN: R0248841