NOT LISTED FOR SALE

425 NE Williams Ave Depoe Bay, OR 97341

Estimated Value: $597,000 - $1,063,000

4 Beds
4 Baths
2,632 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $455,000 $173 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,668/month

87 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 1-minute walk to Depoe Bay Park

About This Home

As of November 2020

Commercially Zoned - Immediate Vacation Rental ability as per City of Depoe Bay!

PANORAMIC PACIFIC VIEWS! 3 WEST facing decks, 2 master suites with fireplaces and JACUZZI tubs! Great location in Depoe Bay walking distance to shops and restaurants. WESTERN VIEWS and EXPOSURES. 4 BEDROOMS-4 BATHROOMS! This is a great option as an INVESTMENT property for long term or short-term rentals as well as a great option for owner occupied oceanside getaway or Bed & Breakfast! FULL BATH in every room. Gourmet Kitchen. In addition, is Commercially zoned and can have 2 MORE units built onto the lot for the ultimate INVESTORS dream!

Last Agent to Sell the Property

Eddie Townsend

Coldwell Banker Professional Group - Newport License #201237169 Listed on: 07/12/2020

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,678

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned C-1 Commercial

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,632 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Depoe Bay Subdivision

Listing and Financial Details

  • Tax Lot 17601
  • Assessor Parcel Number 091105CA-17601-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,678

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Depoe Bay
  • Directions: From North: Travel south on Highway 101 take left on NE Austin Street. Home is on left on Corner of NE Williams and NE Austin Street. From South: Travel north on Highway 101 take right on NE Austin Street. Home is on left on Corner of NE Williams and NE Austin Street.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2005
  • 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: 0.15
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 17601
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public2: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Slab
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091105CA-17601-00
  • Zoning: C-1 Commercial

Tax Info

  • Tax Annual Amount: 4677.55
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Nov 12, 2020
Sold by
Urciel Gilbert
Bought by
Stockli Bradly W and Stockli Jewel K
Seller's Agent
Eddie Townsend
Coldwell Banker Professional Group - Newport
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$499,999
Sold Price
$455,000
Premium/Discount to List
-$44,999
-9%
Current Estimated Value
$779,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,851
Avg. Annual Appreciation
13.08%
Original Mortgage
$432,250
Outstanding Balance
$389,003
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$431,958
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
Stockli Bradly W $455,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockli Bradly W $432,250
Previous Owner Urciel Gilbert $248,000
Previous Owner Urciel Gilbert $250,000
Previous Owner Urciel Gilbert $274,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $455,000 -9.0% $173 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $499,999 -- $190 / 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 $5,429 $417,790 -- --
2023 $5,187 $405,630 $0 $0
2022 $5,037 $393,820 $0 $0
2021 $5,082 $382,350 $0 $0
2020 $4,970 $371,220 $0 $0
2019 $4,678 $360,410 $0 $0
2018 $4,542 $349,920 $0 $0
2017 $4,425 $339,730 $0 $0
2016 $4,319 $329,840 $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: 20-1453

APN: R502597