NOT LISTED FOR SALE

40 SW Conway Ave Depoe Bay, OR 97341

Estimated Value: $509,000 - $720,000

3 Beds
2 Baths
1,553 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $439,000 $283 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,296/month

73 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Greenhouse
  • Bonus Room
  • 1-minute walk to Depoe Bay Park

About This Home

As of August 2021

Classic coastal cottage, all single level, w/close ocean views from all west facing rooms. No need for TV with the ocean, boats, whales, & storm watching for your entertainment. Enjoy the front deck & covered porch when the weather allows or sit inside by the gas stove when it's cool out. Open main living area with lots of view windows, breakfast bar separates the eat-in kitchen. Updated with recent roof, siding, vinyl windows & exterior paint, Bonus room for games, arts & crafts, exercise equipment, or...Nicely landscaped front yard & fully fenced backyard with apple trees, blueberries, greenhouse, & flowers. Extra deep single garage with room for shop or extra storage. Good parking. Close to harbor, shops, & restaurants. A very neat, clean, & charming beach house that's ready to enjoy.

Last Agent to Sell the Property

Timothy Myrick

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #920600305 Listed on: 07/22/2021

Last Buyer's Agent

Victoria Strauss

Martek Real Estate License #201235351

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned R-4 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Membrane Roofing
  • Concrete Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,553 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Den
  • Bonus Room
  • Ocean Views
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Greenhouse

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Depoe Bay Subdivision

Listing and Financial Details

  • Tax Lot 900
  • Assessor Parcel Number 091108BA-900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Depoe Bay
  • Directions: From Hwy 101 in Depoe Bay, east at the signal on Bay St, left on SE Conway to address on right.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1941
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 50 x 100
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Outbuildings:Green House: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Shingle2: Yes
  • Roof:Membrane: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: Green House
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091108BA-900-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2357.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 11, 2021
Sold by
Recht Fran and Fran Recht Living Trust
Bought by
Eriksen Marlys
Seller's Agent
Timothy Myrick
Advantage Real Estate
Buyer's Agent
Victoria Strauss
Martek Real Estate
List Price
$425,000
Sold Price
$439,000
Premium/Discount to List
$14,000
3.29%
Current Estimated Value
$581,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,135
Avg. Annual Appreciation
6.96%
Original Mortgage
$199,000
Outstanding Balance
$180,953
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$400,182

Purchase Details

Closed on
Sep 9, 2016
Sold by
Recht Fran M
Bought by
Recht Fran and Fran Recht Living Trust

Purchase Details

Closed on
Oct 30, 2006
Sold by
Wilkinson Anna E
Bought by
Recht Fran M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,568
Interest Rate
6.39%
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
Eriksen Marlys $439,000 Western Title & Escrow
Recht Fran -- None Available
Recht Fran M $287,568 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eriksen Marlys $199,000
Previous Owner Recht Fran M $187,568
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $439,000 +3.3% $283 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $425,000 -- $274 / 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 $2,574 $198,130 -- --
2023 $2,460 $192,360 $0 $0
2022 $2,389 $186,760 $0 $0
2021 $2,410 $181,330 $0 $0
2020 $2,357 $176,050 $0 $0
2019 $2,218 $170,930 $0 $0
2018 $2,154 $165,960 $0 $0
2017 $2,099 $161,130 $0 $0
2016 $2,048 $156,440 $0 $0
2015 $1,850 $151,890 $0 $0
2014 $1,687 $146,920 $0 $0
2013 -- $147,470 $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: 21-1036

APN: R136926