NOT LISTED FOR SALE

4 NW Lotus Lake Dr Waldport, OR 97394

Bayshore Neighborhood

Estimated Value: $157,000 - $246,000

2 Acres
$104,666 Price per Acre
87,120 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $200,000

Est. 10% decrease in value since last sale

Current estimated payment $1,279/month

113 Days on Market

Highlights

  • Ocean View
  • 2 Acre Lot
  • Level Lot
  • Lake Front

About This Lot

As of October 2023

Enjoy life at the beach in the gated community of Wayward Wind Estates. This planned community consists of only 8 two acre lots. The building site for Lot 4 sits high on a bluff running through the property which providing ocean views. The Lot also has frontage on a small lake and tall fir trees. This property will be a wonderful setting for your beach home.

Last Agent to Sell the Property

John Winter

Cascade Hasson Sotheby's International Realty License #201226178 Listed on: 06/07/2023

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

John Winter

Cascade Hasson Sotheby's International Realty License #201226178 Listed on: 06/07/2023

Cascade Hasson Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,305

Lot Details

  • 2 Acre Lot
  • Lake Front
  • Level Lot
  • Property is zoned R-1-A Residential

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Ocean
  • Forest

Utilities

  • Natural Gas Not Available
  • Septic System

Listing and Financial Details

  • Tax Lot 2800
  • Assessor Parcel Number 131118BB-2800-00

Community Details

Overview

  • Wayward Wind Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,305

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 2.0
  • Lot Size Sq Ft: 87120.0
  • Road Surface Type: Paved
  • Subdivision Name: Wayward Wind Estates
  • Directions: The entrance to Wayward Wind Estates and Lotus Lake Dr is between Seafarer Ct and Sandpiper Dr; west off Hwy 101 north of Waldport.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 2.0
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2800
  • Miscellaneous Survey: Recorded
  • Miscellaneous:Manufactured Allowed: No
  • Topography:Level: Yes
  • Topography:Sloped: Yes
  • Topography:Steep: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:None6: Yes
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: At Street
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association Fee: 894.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly
  • Association Fee Inclusions:Operating Expenses: Yes

Lot Info

  • Parcel #: 131118BB-2800-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 2304.87
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Oct 16, 2023
Sold by
Rajaratnam Chandrakumar and Rajaratnam Holli E
Bought by
Burrell Reginald V
Seller's Agent
John Winter
Cascade Hasson Sotheby's International Realty
Buyer's Agent
John Winter
Cascade Hasson Sotheby's International Realty
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
220
Current Estimated Value
$179,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,667
Avg. Annual Appreciation
-1.37%

Purchase Details

Closed on
Jul 27, 2020
Sold by
Carlson C P C and Carlson B K
Bought by
Rajarathanm Chandrakumar and Rajarathanm Holli E

Purchase Details

Closed on
Jan 23, 2009
Sold by
Carlson C P
Bought by
Carlson C P and Carlson K

Purchase Details

Closed on
Sep 13, 2007
Sold by
Cp & Cc Enterprises Llc
Bought by
Carlson C P
Source: Public Records

Range of Values:

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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
Burrell Reginald V $200,000 Western Title
Rajarathanm Chandrakumar $100,000 Western Title & Escrow
Carlson C P -- None Available
Carlson C P -- Wte
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $200,000 -11.1% --
09/29/2023 09/29/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $225,000 -- --
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 $2,728 $211,600 $211,600 --
2023 $2,926 $224,610 $220,810 $3,800
2022 $2,305 $170,930 $0 $0
2021 $1,635 $127,980 $0 $0
2020 $1,654 $128,270 $0 $0
2019 $1,515 $118,080 $0 $0
2018 $2,751 $210,910 $0 $0
2017 $2,340 $175,720 $0 $0
2016 $2,000 $161,280 $0 $0
2015 $2,006 $174,360 $0 $0
2014 $2,007 $174,260 $0 $0
2013 -- $191,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Winter

    Cascade Hasson Sotheby's International Realty

    (541) 241-3405

    3 in this area

    39 Total Sales

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Map

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

MLS Number: 23-1082

APN: R520553

Oregon Lincoln County Waldport 97394 Bayshore

4 NW Lotus Lake Dr, Waldport, OR

This home is located at 4 NW Lotus Lake Dr, Waldport, OR 97394 since 07 June 2023 and is currently estimated at $209,333. 4 NW Lotus Lake Dr is a home located in Lincoln County with nearby schools including Crestview Heights School and Waldport High and Middle School.

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