NOT LISTED FOR SALE

46615 Terrace Dr Neskowin, OR 97149

Estimated Value: $524,000 - $619,000

3 Beds
2 Baths
2,110 Sq Ft
$276/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $465,000 $220 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,503/month

36 Days on Market

Highlights

  • RV Access or Parking
  • Forest View
  • Den
  • Midcentury Modern Architecture
  • No HOA
  • Beamed Ceilings

About This Home

As of November 2021

Iconic Mid-Century Contemporary beach home designed for integrating your lifestyle with nature. Open plan with exposed beams and banks of windows on both levels offers outdoor views and splash the home in natural light. Remodeled kitchen with Quartz tops & breakfast bar. Den with sliders to the forest patio easily converts to a bedroom if main level living is desired. To call the west facing primary bedroom oversized is an understatement. Sunsets & ocean breezes will be yours! Forest views from all guest rooms. Open attic for storage or create a loft space. Mature coastal landscaping provides privacy. Attached garage, parking pad for RV or boat. Quiet neighborhood yet just a mile to bustling Neskowin village & beach. 10 min. to Pacific City. Seller is a licensed realtor in the state OR.

Last Listed By

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 09/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Property is zoned R-1 Residential, Single

Home Design

  • Midcentury Modern Architecture
  • Metal Roof
  • HardiePlank Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,110 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Window Treatments
  • Den
  • Forest Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Ocean Creek Subdivision

Listing and Financial Details

  • Tax Lot 00700
  • Assessor Parcel Number 5S1124DD-700

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size: 75 x 100
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Creek
  • Directions: Just North of Neskowin Village to Ocean Way and Terrace Dr. on the left corner.
  • Architectural Style: Mid-Century Modern
  • Garage Yn: Yes
  • Year Built: 1972
  • Attribution Contact: john@loveoceanfront.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 00700
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Mid-Century Modern
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Lot Dimensions: 75 x 100
  • General Property Description:Property Sub-Type: Single Family Residence
  • Flooring:Carpet: Yes
  • Siding:Hardi Plank: Yes
  • Roof:Metal: Yes
  • Miscellaneous:Den: Yes
  • Flooring:Tile2: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Sewerseptic In: Yes
  • Ceiling:Beam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Carpet, Tile
  • Interior Amenities: Beamed Ceilings
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Concrete Perimeter
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • Miscellaneous:RV Parking: Yes

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 #: 5S1124DD-700
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3064.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 23, 2021
Sold by
Govi Beverly and Beverly Govi Revocable Living
Bought by
Lowry Bruce Edward
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Rebecca Kirkendall
Shorepine Properties
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%
Total Days on Market
36
Current Estimated Value
$581,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,433
Avg. Annual Appreciation
9.13%
Original Mortgage
$310,000
Outstanding Balance
$288,986
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$339,141

Purchase Details

Closed on
Jul 19, 2006
Sold by
Govi Beverly
Bought by
Govi Beverly and Beverly Govi Revocable Living Trust

Purchase Details

Closed on
Dec 2, 2005
Sold by
Ellingson Jamon and Ellingson Kami
Bought by
Govi Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

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
Lowry Bruce Edward $465,000 First American
Govi Beverly -- None Available
Govi Beverly -- None Available
Govi Beverly $350,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowry Bruce Edward $310,000
Previous Owner Govi Beverly $245,000
Previous Owner Ellingson Jamon P $48,000
Previous Owner Ellingson Jamon P $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $465,000 -15.5% $220 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $550,000 -- $261 / 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 $3,344 $270,810 $90,750 $180,060
2023 $3,353 $262,930 $88,100 $174,830
2022 $3,233 $255,280 $85,530 $169,750
2021 $3,142 $247,850 $83,030 $164,820
2020 $3,064 $240,640 $80,620 $160,020
2019 $3,066 $233,640 $78,270 $155,370
2018 $2,835 $226,840 $75,990 $150,850
2017 $2,559 $220,240 $73,770 $146,470
2016 $2,347 $213,830 $71,620 $142,210
2015 $2,427 $207,610 $69,530 $138,080
2014 $2,327 $201,570 $67,500 $134,070
2013 -- $191,914 $57,294 $134,620
Source: Public Records

Agents Affiliated with this Home

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

MLS Number: 21-1334

APN: R0245988