NOT LISTED FOR SALE

447 W 7th St Yachats, OR 97498

Estimated Value: $553,000 - $590,000

2 Beds
2 Baths
1,266 Sq Ft
$449/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $483,500 $382 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,410/month

6 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of July 2022

Oregon Coast Beach House with Ocean and Garden Views located in the quaint town of Yachats just a short distance to ocean front and Yachats 801 Trail! This one level 1266 Sq Ft home offers 2 beds, 2 full baths and attached 2 car garage! House has new roof and gutters,
Full New siding (3 sides), wood trim on front, West and East exterior of house. New exterior house light fixtures New electric utility meter and box and roof mast. Full exterior paint all new. All new in 2021! The main interior area has an open floor plan and windows to capture the views. Interior photos are from 2016 and will be updated with new photos. Floor plan is the same. Appointment necessary - tenant occupied.

Last Agent to Sell the Property

Nichole Anderson

Emerald Coast Realty - Waldport License #201012111 Listed on: 04/26/2022

Last Buyer's Agent

Joan Davies

Advantage Real Estate License #200610355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 1987

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Ocean Crest Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 141227AC-1400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,205

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.19
  • Lot Size: 8,198 Sq Ft
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Crest
  • Directions: Hwy 101 to west on 7th, corner of 7th and Driftwood.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1987
  • 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: None
  • General Property Description:_pound_ of Acres: 0.19
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1400
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • General Property Description:Lot Dimensions: 8,198 Sq Ft
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Covered Porch: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • 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: 1

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 141227AC-1400-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 3205.43
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 27, 2022
Sold by
Wheeler Mark L
Bought by
Pan Ann
Seller's Agent
Nichole Anderson
Emerald Coast Realty - Waldport
Buyer's Agent
Joan Davies
Advantage Real Estate
List Price
$449,000
Sold Price
$483,500
Premium/Discount to List
$34,500
7.68%
Current Estimated Value
$568,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,053
Avg. Annual Appreciation
0.77%
Original Mortgage
$386,800
Outstanding Balance
$371,086
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$124,351

Purchase Details

Closed on
Jul 27, 2012
Sold by
Sommerville Jill S and Wheeler Mark L
Bought by
Wheeler Mark L

Purchase Details

Closed on
May 23, 2005
Sold by
Rieseck David W and Myron Rieseck Drew
Bought by
Wheeler Mark L and Sommerville Jill S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
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
Pan Ann $483,500 Western Title
Wheeler Mark L -- Accommodation
Wheeler Mark L $300,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Ann $386,800
Previous Owner Wheeler Mark L $236,000
Previous Owner Wheeler Mark L $215,600
Previous Owner Wheeler Mark L $240,000
Previous Owner Rieseck David W $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $483,500 +7.7% $382 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $449,000 -- $355 / 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 $3,745 $268,170 -- --
2023 $3,623 $260,360 $0 $0
2022 $3,264 $252,780 $0 $0
2021 $3,205 $245,420 $0 $0
2020 $3,151 $238,280 $0 $0
2019 $3,032 $231,340 $0 $0
2018 $2,989 $224,610 $0 $0
2017 $2,872 $218,070 $0 $0
2013 -- $189,880 $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: 22-781

APN: R328124