NOT LISTED FOR SALE

Estimated Value: $201,000 - $260,000

0.19 Acre
$1,168,100 Price per Acre
8,276 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $135,000 $112 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,284/month

2 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • 4-minute walk to Literacy Park
  • No HOA

About This Lot

As of November 2020

This old house could be the project of a lifetime for a person with vision and an eye for history. If restored this could be a community showpiece. If you have a more modern mindset this generous lot with ocean views could be used to create a dream come true, or used as an investment piece. With a commanding view and nestled overlooking historic Nye Beach it is worth a look. The seller has cleaned up the lot and it is certainly a unique piece!

Last Agent to Sell the Property

Cheryl Duprau

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #201207256 Listed on: 09/23/2020

Co-Listed By

Matt Moore

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #200307084

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,081

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Property is zoned R-4 Residential

Additional Features

  • Ocean Views
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 09400
  • Assessor Parcel Number 111105CD-9400-00

Community Details

Overview

  • No Home Owners Association
  • Rhododendron Park Blk Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,081

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Rhododendron Park Blk
  • Directions: Turn west on to 3rd St. Follow road toward the ocean. Through the stop sign, then turn Right on Hurbert ST. The property is on the corner of Hurbert and 5th.
  • Attribution Contact: elkhornrealestate@gmail.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 8276.4 sq ft
  • General Property Description:_pound_ of Acres: 0.19
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 09400
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Water:City2: Yes
  • Sewer:City3: Yes
  • Gas:None6: Yes
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: At Street, City

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105CD-9400-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2080.94
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 13, 2020
Sold by
Thomblad Richard
Bought by
Cdi Northwest Llc
Seller's Agent
Cheryl Duprau
Elkhorn Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$224,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,974
Avg. Annual Appreciation
10.70%
Original Mortgage
$70,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 8, 2016
Closed on
Jan 25, 2017
Sold by
Christensen Luke C
Bought by
Thornblad Richard
Seller's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
Buyer's Agent
Roland Woodcock
Seashore Homes Realty
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Jan 24, 2006
Sold by
Rulp Taylor Maureen and Rulp Maureen
Bought by
Christensen Luke C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cdi Northwest Llc $135,000 Western Title & Escrow
Thornblad Richard $115,000 Western Title & Escrow
Christensen Luke C $85,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cdi Northwest Llc $418,968
Closed Cdi Northwest Llc $70,000
Previous Owner Christensen Luke C $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $135,000 -3.6% $112 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $140,000 +21.7% $116 / Sq Ft
01/27/2017 01/27/17 Sold $115,000 -14.8% $95 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $135,000 -- $112 / 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 $1,084 $60,090 $60,090 --
2023 $1,059 $58,340 $0 $0
2022 $1,337 $73,780 $0 $0
2021 $2,318 $126,410 $0 $0
2020 $2,263 $122,730 $0 $0
2019 $2,166 $119,160 $0 $0
2018 $2,099 $115,690 $0 $0
2017 $2,081 $112,330 $0 $0
2016 $2,037 $109,060 $0 $0
2015 $1,888 $105,890 $0 $0
2014 $1,846 $102,810 $0 $0
2013 -- $99,820 $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: 20-2058

APN: R312414