NOT LISTED FOR SALE

40050 Anderson Rd Nehalem, OR 97131

Estimated Value: $848,000 - $1,133,000

4 Beds
3 Baths
4,312 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $275,000 $64 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $5,805/month

Highlights

  • Barn
  • Deck
  • No HOA
  • Nehalem Elementary School Rated 10
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of September 2019

REALLY ROOMY! 4 Bdrms + Bonus Rm, 3 Baths, Family Room, Living Room, Dining Room, Kitchen with eating area, cooking island & huge pantry, 2nd kitchen off family room, all on 5.5 acres! Hobby stable, partially fenced. Tons of warm wood inside. 2 fireplaces. Assessor shows 2312 sqft each floor, but approx. 1/4 of first floor unfinished basement. Search prop on www.auction.com for details & pre-auction offer opportunities. Decisions may take 1 week. Contact agent or auction vendor directly for info. 5% or $2500 minimum buyer's premium paid at closing. Bank of America employees, spouse or domestic partner, household members, business partners and insiders are prohibited from purchasing.

Last Agent to Sell the Property

Steve Schwend

Coast Real Estate Professionals Listed on: 10/01/2019

Co-Listed By

Margaret Page

Coast Real Estate Professionals

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1979

Lot Details

  • 5.5 Acre Lot
  • Property is zoned SFW-10 Small Farm Woodlot 10 AC Min

Home Design

  • Slab Foundation
  • Composition Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 4,312 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Farming

  • Barn

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 102249

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,590

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 5.5
  • Lot Size: 5.5 acres
  • Lot Size Sq Ft: 239580.0
  • Road Surface Type: Gravel, Paved
  • Directions: Hwy 101, North on Northfork Rd, left on Anderson Rd. Home on left.
  • Architectural Style: Two Story
  • Garage Yn: No
  • Year Built: 1979
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 5.5
  • Location Tax and Other Information:Tax Lot: 100
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Two Story
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • General Property Description:Lot Dimensions: 5.5 acres
  • Location Tax and Other Information:Subdv ParcelLot: na
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Covered Porch: Yes
  • Outbuildings:Barn: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: Close
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Other, Carpet

Exterior Features

  • View: None
  • Foundation Details: Slab
  • Other Structures: Barn
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Well
  • Water Well: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 102249
  • Zoning: SFW-10 Small Farm Woodlot 10 AC Min

Tax Info

  • Tax Annual Amount: 3590.17
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Sep 25, 2019
Sold by
Bank Of America Na
Bought by
Pfeifer Jeffrey Duane
Seller's Agent
Steve Schwend
Coast Real Estate Professionals
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$384,900
Sold Price
$275,000
Premium/Discount to List
-$109,900
-28.55%
Current Estimated Value
$991,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,511
Avg. Annual Appreciation
24.60%
Original Mortgage
$299,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2018
Sold by
Melendez Daniel
Bought by
Melendez Lauri R

Purchase Details

Closed on
Apr 28, 2005
Sold by
Harper Steven C and Harper Shannon
Bought by
Melendez Daniel and Melendez Lauri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pfeifer Jeffrey Duane $288,750 First American
Melendez Lauri R -- None Available
Melendez Daniel $355,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melendez Daniel $319,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 For Sale $384,900 +40.0% $89 / Sq Ft
09/30/2019 09/30/19 Sold $275,000 0.0% $64 / Sq Ft
09/30/2019 09/30/19 Sold $275,000 -- $59 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
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 $6,574 $594,580 $85,130 $509,450
2023 $6,206 $548,820 $119,360 $429,460
2022 $4,376 $398,790 $115,880 $282,910
2021 $4,248 $387,180 $112,500 $274,680
2020 $4,078 $375,910 $109,220 $266,690
2019 $3,965 $364,970 $106,050 $258,920
2018 $3,590 $354,340 $102,960 $251,380
2017 $3,491 $344,020 $99,960 $244,060
2016 $3,392 $334,000 $97,050 $236,950
2015 $3,334 $324,280 $94,220 $230,060
2014 $3,280 $314,840 $91,480 $223,360
2013 -- $305,670 $88,810 $216,860
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 19-669

APN: R0102249