NOT LISTED FOR SALE

Estimated Value: $533,408 - $575,000

2 Beds
2 Baths
1,670 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $515,000 $308 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,433/month

108 Days on Market

Highlights

  • Lake View
  • Ranch Style House
  • Fireplace
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2023

Located in beautiful Neotsu this 2 bedroom, 1.5 bath home is surrounded by mature landscaping in a private setting. The open kitchen/dining room layout is lined with windows for maximum light exposure. Door from dining room oopens to the large deck which is perfect for entertaining. This property is part of the deeded lake front dock and boat ramp access. Enjoy the lake within a short distance to the dock.

Last Listed By

Mary O'Connor

Coldwell Banker Professional Group - Lincoln City License #921200130 Listed on: 06/03/2023

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • Property is zoned R-1 Residential, Single

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,670 Sq Ft Home
  • Fireplace
  • Window Treatments
  • Carpet
  • Lake Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Wabusha Heights Subdivision

Listing and Financial Details

  • Tax Lot 3900
  • Assessor Parcel Number 071102AD-3900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,684

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.28
  • Lot Size: 100x120
  • Lot Size Sq Ft: 12196.8
  • Road Surface Type: Paved
  • Subdivision Name: Wabusha Heights
  • Directions: Hwy 101 to Neotsu Dr., right on NE Johns Ave, left of C Ave to property on right.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1964
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.28
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3900
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • 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
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Gas
  • General Property Description:Lot Dimensions: 100x120
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Siding:Lap: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:T1-11: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Lake
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071102AD-3900-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3683.93
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Oct 24, 2023
Sold by
Mcfarland Family Trust
Bought by
Romsdahl Erik M and Romsdahl Brittany R
Seller's Agent
Mary O'Connor
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
List Price
$609,000
Sold Price
$515,000
Premium/Discount to List
-$94,000
-15.44%
Total Days on Market
108
Views
253
Current Estimated Value
$557,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,602
Avg. Annual Appreciation
6.30%
Original Mortgage
$435,000
Outstanding Balance
$429,617
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$135,506

Purchase Details

Closed on
Jul 10, 2018
Sold by
Mcfarland Joseph A and Mcfarland Jana M
Bought by
Mcfarland Joseph A and Mcfarland Jana M

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
Romsdahl Erik M $515,000 Western Title
Mcfarland Joseph A -- None Available
Mcfarland Joseph A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romsdahl Erik M $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $515,000 -5.5% $308 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $545,000 -10.5% $326 / Sq Ft
06/03/2023 06/03/23 For Sale $609,000 -- $365 / 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 $3,919 $298,360 -- --
2023 $3,795 $289,670 $0 $0
2022 $3,684 $281,240 $0 $0
2021 $3,485 $273,050 $0 $0
2020 $3,414 $265,100 $0 $0
2019 $3,259 $257,380 $0 $0
2018 $3,224 $249,890 $0 $0
2017 $3,015 $242,620 $0 $0
2016 $2,706 $231,400 $0 $0
2015 $2,829 $235,560 $0 $0
2014 $2,602 $228,700 $0 $0
2013 -- $223,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

MLS Number: 23-1050

APN: R301991