NOT LISTED FOR SALE

Estimated Value: $742,000 - $860,000

3 Beds
2 Baths
1,909 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $385,000 $202 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,852/month

6 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Furnished
  • 1 Car Detached Garage

About This Home

As of June 2016

Spectacular Ocean View Dream Home or Income Producing Vacation Rental! Walk out your door and across the street to miles of sandy beach! This 3 bed/2 bath, 1909 Sq. ft. contemporary home was remodeled in 2009 & features 2 huge master suites! FURNISHED! Currently being used as a very successful vacation rental which only adds to this property's potential. This is the one you've been waiting for!

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 05/01/2016

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1990

Lot Details

  • 5,663 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 1,909 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lincoln Beach Park Subdivision

Listing and Financial Details

  • Tax Lot 1-5
  • Assessor Parcel Number 081128BC-3200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,807

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.13
  • Lot Size: 5662 SF
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Subdivision Name: Lincoln Beach Park
  • Directions: Take Hwy 101 to Lincoln Beach North of Depoe Bay. Turn West on Willow (across from Thriftway Grocery Store). Turn North on Mina Ave and follow to home on the corner.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1990
  • 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: Ocean
  • General Property Description:_pound_ of Acres: 0.13
  • Location Tax and Other Information:Tax Lot: 3200
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: 5662 SF
  • Location Tax and Other Information:Subdv ParcelLot: 1-5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Siding:Cedar: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous Possession: Nego
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 081128BC-3200-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 3806.86
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2016
Closed on
Jun 15, 2016
Sold by
Shupe Steven D and Shupe Kalli R
Bought by
Reading Julie
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$797,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,166
Avg. Annual Appreciation
7.96%
Original Mortgage
$287,616
Outstanding Balance
$232,279
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$543,493

Purchase Details

Closed on
Nov 18, 2008
Sold by
Dowdy William Troy
Bought by
Shupe Steven D and Shupe Kalli R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Kautz Norman Norris and Kautz Norman N
Bought by
Dowdy William Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
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
Reading Julie $385,000 Western Title & Escrow
Shupe Steven D $350,000 Western Title & Escrow
Dowdy William Troy $275,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julie D Reading Revocable Trus $75,000
Open Reading Julie $287,616
Previous Owner Shupe Steven D $332,500
Previous Owner Dowdy William Troy $27,500
Previous Owner Dowdy William Troy $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $385,000 -3.7% $202 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $399,900 -- $209 / 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 $5,849 $413,450 -- --
2023 $5,362 $401,410 $0 $0
2022 $5,204 $389,720 $0 $0
2021 $5,070 $378,370 $0 $0
2020 $5,015 $367,350 $0 $0
2019 $4,648 $356,660 $0 $0
2018 $4,571 $346,280 $0 $0
2017 $4,444 $336,200 $0 $0
2016 $4,327 $326,410 $0 $0
2015 $3,807 $316,910 $0 $0
2014 $3,600 $310,280 $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: 15-6

APN: R163768