NOT LISTED FOR SALE

400 SE Gibson Rd Waldport, OR 97394

Estimated Value: $712,000 - $1,052,000

2 Beds
2 Baths
1,852 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $950,000 $513 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,440/month

83 Days on Market

Highlights

  • Greenhouse
  • River View
  • Deck
  • RV Access or Parking
  • Cape Cod Architecture
  • No HOA

About This Home

As of August 2022

Find tranquility on the Alsea River where the mountains meet the sea. Feel privacy and seclusion in a natural wonderland with a short drive to town. Elegantly updated home that still has old-world charm with beautiful panoramic views that change with the tide. Private dock, gazebos, greenhouse, and room to park your outdoor toys. Open floor plan with floating staircase. Large kitchen with island and plenty of storage. Propane fireplace. Great natural lighting in every room.

Last Agent to Sell the Property

Adam Joyce

Value Home Realty License #201228518 Listed on: 03/31/2022

Last Buyer's Agent

Maria Hoffman

OPT License #201219477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1938

Lot Details

  • 0.93 Acre Lot
  • River Front
  • Irregular Lot
  • Property is zoned M-W Marine Waterway

Property Views

  • River
  • Mountain

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Greenhouse

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Propane
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2600
  • Assessor Parcel Number 131120DB-2600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 0.93
  • Lot Size Sq Ft: 40510.8
  • Road Surface Type: Gravel, Paved
  • Directions: From 101, East on Alsea Hwy, left on Gibson Rd
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1938
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: River
  • General Property Description:Primary View: River
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 0.93
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2600
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Carpet: Yes
  • Outbuildings:Green House: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet, Tile

Exterior Features

  • Lot Features: Irregular Lot
  • View: River
  • Foundation Details: Concrete Perimeter
  • Other Structures: Green House
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • Gas/Propane: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 131120DB-2600-00
  • Zoning: M-W Marine Waterway

Tax Info

  • Tax Annual Amount: 4149.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jul 28, 2022
Sold by
Dennis And Sherry Lowrey Revocable Trust
Bought by
Odonnell Patrick A and Odonnell Rochelle S
Seller's Agent
Adam Joyce
Value Home Realty
Buyer's Agent
Maria Hoffman
OPT
List Price
$997,000
Sold Price
$950,000
Premium/Discount to List
-$47,000
-4.71%
Current Estimated Value
$919,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,660
Avg. Annual Appreciation
-1.18%
Original Mortgage
$647,200
Outstanding Balance
$624,015
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$291,690

Purchase Details

Closed on
Apr 10, 2015
Sold by
Lowrey Dennis Paul and Lowrey Sherry Lynn
Bought by
Dennis & Sherry Lowrey Revocable Trust

Purchase Details

Closed on
Mar 25, 2005
Sold by
Luderitz Pamela Ann
Bought by
Lowrey Dennis P and Lowrey Sherry L
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
Odonnell Patrick A $950,000 Western Title
Dennis & Sherry Lowrey Revocable Trust -- None Available
Lowrey Dennis P $315,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odonnell Patrick A $647,200
Previous Owner Lowrey Dennis P $175,000
Previous Owner Lowrey Dennis P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $950,000 -4.7% $513 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $997,000 -- $538 / 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 $5,285 $396,160 -- --
2023 $5,124 $384,630 $0 $0
2022 $4,257 $321,940 $0 $0
2021 $4,149 $312,570 $0 $0
2020 $4,073 $303,470 $0 $0
2019 $3,832 $294,640 $0 $0
2018 $3,533 $270,530 $0 $0
2017 $3,498 $269,800 $0 $0
2016 $3,719 $286,060 $0 $0
2015 $2,832 $260,690 $0 $0
2014 $3,149 $279,260 $0 $0
2013 -- $271,130 $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: 22-225

APN: R233514