NOT LISTED FOR SALE

34650 2nd St Cloverdale, OR 97112

Estimated Value: $410,000 - $455,000

2 Beds
2 Baths
648 Sq Ft
$678/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $469,000 $724 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,472/month

10 Days on Market

Highlights

  • River View
  • Furnished
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Living Room

About This Home

As of July 2023

Investment Opportunity! Successful STR rental property in the heart of Pacific City's Commercial zone. Charming cabin feel with a multitude of possible uses. Lovingly restored by local owners. Live/Work, Coastal Retreat, Family Share, Employee Housing or convert to full time commercial use for your Business. Enjoy River Views, Restaurants, Grocery, Shops and the Beach from this prime location all while quietly tucked away on a quaint side street. Boat launch to Nestucca River is 50 yards away. 24x24 Shop for ample storage and/or business use. Sold Furnished. Come see why Pacific City is growing so quickly.

Last Agent to Sell the Property

Josh Reed

Cascade Hasson Sotheby's International Realty License #201227289 Listed on: 05/10/2023

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Coley Trost

Rob Trost Real Estate, LLC License #201234152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned PCW-C1 Pacific City Neighborhood Commercial

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Block Foundation
  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Vinyl Flooring
  • River Views
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Shop

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3700
  • Assessor Parcel Number 4S1019CD-3700-

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,428

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Turn on Tent St from Brooten Rd. Turn left on 2nd St. House is on Left.
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Year Built: 1940
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: River
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cabin
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Foundation:Block2: Yes
  • Siding:Cedar: Yes
  • Sewer:City Property2: Yes
  • Siding:Shingle2: Yes
  • Outbuildings:Shop: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Vinyl

Exterior Features

  • View: River
  • Other Structures: Shop
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Water On Property: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: On Property, Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 4S1019CD-3700-
  • Zoning: PCW-C1 Pacific City Neighborhood Commercial

Tax Info

  • Tax Annual Amount: 1428.31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Peters Eva Sharlene and Peters Gary L
Bought by
Peters Eva Sharlene and Eva Sharlene Peters Trust
Current Estimated Value
$439,589

Purchase Details

Closed on
May 13, 2013
Sold by
Peters Gary L and Peters Sharlene
Bought by
Peters Gary L and Peters Eva Sharlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,345
Outstanding Balance
$99,136
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$340,453

Purchase Details

Closed on
Sep 27, 2007
Sold by
Dietz Thomas E and Dietz Janice C
Bought by
Peters Gary L and Peters Eva Sharlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.46%
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
Peters Eva Sharlene -- None Available
Peters Gary L -- Ticor Title Company
Peters Gary L $235,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Gary L $140,345
Closed Peters Gary L $152,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $469,000 +0.9% $724 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $465,000 -- $718 / 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 $1,696 $139,850 $64,980 $74,870
2023 $1,481 $119,240 $63,090 $56,150
2022 $1,429 $115,770 $61,250 $54,520
2021 $1,395 $112,400 $59,470 $52,930
2020 $1,361 $109,130 $57,740 $51,390
2019 $1,332 $105,960 $56,060 $49,900
2018 $1,223 $102,880 $54,430 $48,450
2017 $1,118 $99,890 $52,840 $47,050
2016 $1,099 $96,990 $51,310 $45,680
2015 $1,075 $94,170 $49,820 $44,350
2014 $1,053 $91,430 $48,370 $43,060
2013 -- $88,770 $46,970 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 23-825

APN: R0233429