NOT LISTED FOR SALE

425 S Highway 101 Depoe Bay, OR 97341

Estimated Value: $353,000 - $390,305

2 Beds
1 Bath
900 Sq Ft
$416/Sq Ft Est. Value

Last Sold April 30, 2025

Last sale price $367,500 $408 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,136/month

139 Days on Market

Highlights

  • City View
  • Cottage
  • Dining Room
  • No HOA
  • Living Room
  • 1-minute walk to Fogarty Creek State Park

About This Home

As of April 2025

Completely remodeled and located right in the heart of Depoe Bay with 2 unit and STR options! Residential and commercial use zoning allows this property to be used for short term rentals. Partially finished basement with separate entrance allows for a separate second unit! In town short distance to restaurants, shopping, whale watching and marina. Home is currently furnished and being used for short term rentals. Home available with or without furnishings.

Last Agent to Sell the Property

Jonathan Minerick

homecoin.com Brokerage Email: info@homecoin.com License #201253274 Listed on: 11/02/2024

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Cottage
  • Stem Wall Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • City Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Taft Elementary School
  • Siletz Middle School
  • Taft High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R297755

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1940
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Basement: PartiallyFinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: StemWall
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Other
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Taft
  • High School: Taft
  • Middle Or Junior School: Siletz

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0
  • Parcel #: R297755

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 1326.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
May 31, 2025
Sold by
King Raub Denise Leilani and King Alan Raub
Bought by
Raub Family Trust and Raub
Seller's Agent
Jonathan Minerick
homecoin.com
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$429,000
Sold Price
$367,500
Premium/Discount to List
-$61,500
-14.34%
Views
177
Current Estimated Value
$374,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,076
Avg. Annual Appreciation
5.95%
Original Mortgage
$275,625
Outstanding Balance
$274,898
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$99,678

Purchase Details

Listed on
Nov 2, 2024
Closed on
Apr 23, 2025
Sold by
Simpson Trevor Anderson and Simpson Christine Michelle
Bought by
Raub Denise Leilani King and Raub Gregory Alan
Seller's Agent
Jonathan Minerick
homecoin.com
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$429,000
Sold Price
$367,500
Premium/Discount to List
-$61,500
-14.34%
Views
177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,625
Outstanding Balance
$274,898
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$99,678

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 7, 2022
Sold by
Marvin Spores Ronald
Bought by
Simpson Trevor Anderson and Simpson Christine Michelle
Seller's Agent
Delene Myers
RE/MAX Integrity
Buyer's Agent
Delene Myers
RE/MAX Integrity
List Price
$319,000
Sold Price
$309,000
Premium/Discount to List
-$10,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$262,650
Interest Rate
5.1%
Mortgage Type
New Conventional
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
Raub Family Trust -- None Listed On Document
Raub Denise Leilani King $367,500 Western Title
Simpson Trevor Anderson $309,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raub Denise Leilani King $275,625
Previous Owner Simpson Trevor Anderson $262,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $367,500 -3.3% $408 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/11/2025 03/11/25 Price Changed $379,900 -1.3% $422 / Sq Ft
02/27/2025 02/27/25 Price Changed $384,900 -0.5% $428 / Sq Ft
02/02/2025 02/02/25 Price Changed $387,000 -0.7% $430 / Sq Ft
01/02/2025 01/02/25 Price Changed $389,900 -2.5% $433 / Sq Ft
12/17/2024 12/17/24 Price Changed $399,900 -1.3% $444 / Sq Ft
12/09/2024 12/09/24 Price Changed $405,000 -1.0% $450 / Sq Ft
11/20/2024 11/20/24 Price Changed $409,000 -2.4% $454 / Sq Ft
11/13/2024 11/13/24 Price Changed $419,000 -1.4% $466 / Sq Ft
11/07/2024 11/07/24 Price Changed $425,000 -0.9% $472 / Sq Ft
11/02/2024 11/02/24 For Sale $429,000 +38.8% $477 / Sq Ft
07/08/2022 07/08/22 Sold $309,000 0.0% $343 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $309,000 -3.1% $343 / Sq Ft
04/26/2022 04/26/22 For Sale $319,000 -- $354 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,327 $102,120 -- --
2023 $1,268 $99,150 $0 $0
2022 $1,231 $96,270 $0 $0
2021 $1,242 $93,470 $0 $0
2020 $1,215 $90,750 $0 $0
2019 $1,144 $88,110 $0 $0
2018 $1,110 $85,550 $0 $0
2017 $1,082 $83,060 $0 $0
2016 $1,056 $80,650 $0 $0
2015 $954 $78,310 $0 $0
2014 $887 $76,030 $0 $0
2013 -- $73,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24286068

Regional Multiple Listing Service (RMLS)

APN: R297755