NOT LISTED FOR SALE

425 SE Shell Ave Unit 5 Depoe Bay, OR 97341

Estimated Value: $294,000 - $355,000

2 Beds
2 Baths
912 Sq Ft
$400/mo HOA Fee

Last Sold January 31, 2024

Last sale price $299,900 $329 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,356/month

207 Days on Market

Highlights

  • Bay View
  • Vaulted Ceiling
  • Zoned Cooling
  • Deck
  • Living Room
  • 1-minute walk to Fogarty Creek State Park

About This Home

As of January 2024

Bay view condo near the heart of Depoe Bay! One level living at its finest. Open floor plan with kitchen open to the living room and dining area. Gas fireplace, vaulted ceilings and lots of natural light. Watch the boats come and go in the world's smallest harbor from your deck. Small, well cared for complex boasts low HOA's of $400 per month that include water/sewer, gas/propane, garbage, landscaping, exterior maintenance, and window washing. Just a few blocks to downtown Depoe Bay, lots of restaurants and shopping! Call to schedule your private tour today!

Last Agent to Sell the Property

Courtney Fields

Sand + Cedar Realty License #200804089 Listed on: 06/03/2023

Last Buyer's Agent

Chris Watkins

Windermere West Coast Properties License #200804085

Windermere West Coast Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 2007

Lot Details

  • 871

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Composition Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Carpet
  • Bay Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • Carport

Outdoor Features

  • Deck

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Listing and Financial Details

  • Tax Lot 80005
  • Assessor Parcel Number 091108BD-80005-00

Community Details

Overview

  • Association fees include trash, gas, sewer, insurance, water
  • Mariners Condo Association, Phone Number (541) 265-2281
  • Secondary HOA Phone (541) 265-2281
  • Mariners Condominium Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,006

Year Built

Built in 2007

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Gravel
  • Subdivision Name: Mariners Condominium
  • Directions: From highway 101 South of Depoe Bay Bridge, turn East on SE Schoolhouse, then immediately turn North on Shell to property on left.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 80005
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • 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:RangeOven: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Foundation:Combination: Yes
  • Siding:ShingleShake: Yes
  • Utilities:Sewer2: City
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Bay
  • Foundation Details: Combination
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Carport
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Phone: 541-265-2281
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Other11: Window cleaning 1x per quarter
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Mariners Condo
  • CondoAssociation:Assoc Contact Phone: 5412652281
  • Association Fee Inclusions:Gas - Unit: Yes

Fee Information

  • Association Fee Includes: Other, Trash, Gas, Sewer, Insurance, Water

Lot Info

  • Parcel #: 091108BD-80005-00
  • Zoning: L-1 Light Industrial

Tax Info

  • Tax Annual Amount: 2006.41
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jan 27, 2024
Sold by
Williams Matthew D and Williams Sharon
Bought by
Watkins Deanna C
Seller's Agent
Courtney Fields
Sand + Cedar Realty
Buyer's Agent
Chris Watkins
Windermere West Coast Properties
List Price
$375,000
Sold Price
$299,900
Premium/Discount to List
-$75,100
-20.03%
Views
968
Current Estimated Value
$321,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,734
Avg. Annual Appreciation
4.74%
Original Mortgage
$224,925
Outstanding Balance
$222,037
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$99,597

Purchase Details

Closed on
Sep 26, 2018
Sold by
Gonzales Martin Joseph and Gonzales Suzanne Lynn
Bought by
Williams Matthew D and Williams Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Watkins Deanna C $299,900 Ticor Title
Williams Matthew D $179,900 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Deanna C $224,925
Previous Owner Williams Matthew D $143,920
Previous Owner Gonzalez Martin Joseph $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $299,900 0.0% $329 / Sq Ft
12/18/2023 12/18/23 Price Changed $299,900 -7.7% $329 / Sq Ft
11/28/2023 11/28/23 Price Changed $324,900 -1.5% $356 / Sq Ft
10/25/2023 10/25/23 Price Changed $329,900 -1.5% $362 / Sq Ft
09/28/2023 09/28/23 Price Changed $335,000 -4.0% $367 / Sq Ft
09/14/2023 09/14/23 Price Changed $349,000 -1.7% $383 / Sq Ft
09/13/2023 09/13/23 Price Changed $355,000 -5.3% $389 / Sq Ft
06/03/2023 06/03/23 For Sale $375,000 -- $411 / 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 $2,143 $164,930 -- $164,930
2023 $2,048 $160,130 $0 $0
2022 $1,988 $155,470 $0 $0
2021 $2,006 $150,950 $0 $0
2020 $1,962 $146,560 $0 $0
2019 $1,847 $142,300 $0 $0
2018 $1,793 $138,160 $0 $0
2017 $1,747 $134,140 $0 $0
2016 $1,705 $130,240 $0 $0
2015 $1,500 $124,850 $0 $0
2014 $1,433 $124,850 $0 $0
2013 -- $117,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Courtney Fields

    Seller's Agent in 2024

    Courtney Fields

    Sand + Cedar Realty

    (503) 428-7733

    159 Total Sales

    Section Image
  • Chris Watkins

    Buyer's Agent in 2024

    Chris Watkins

    Windermere West Coast Properties

    (541) 270-6774

    83 Total Sales

    Section Image
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Map

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

MLS Number: 23-1054

APN: R524383

Oregon Lincoln County Depoe Bay 97341

425 SE Shell Ave Unit 5, Depoe Bay, OR

This home is located at 425 SE Shell Ave Unit 5, Depoe Bay, OR 97341 since 03 June 2023 and is currently estimated at $321,634, approximately $352 per square foot. This property was built in 2007. 425 SE Shell Ave Unit 5 is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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