NOT LISTED FOR SALE

Estimated Value: $1,731,000 - $1,969,000

9 Beds
5 Baths
5,830 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $1,420,000 $244 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,860/month

12 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • 3 Car Attached Garage
  • 0.57 Acre Lot
  • No HOA
  • 1-minute walk to Fishing Rock State Recreational Site

About This Home

As of May 2021

HUGE 9 bed, 5 bath OCEANFRONT home located in the Lincoln Beach area of Depoe Bay. Currently a successful permitted vacation rental with private beach access. Updates include quartz countertops, tile floors & custom stainless steel kitchen upgrades. Large master suite with jacuzzi tub. Triple car attached garage. Miles of sandy beaches to sink your toes in. This is a must see!

Last Agent to Sell the Property

Brodie Becksted

Equity Plus Real Estate License #200302191 Listed on: 04/03/2021

Co-Listed By

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,405

Year Built

  • Built in 1977

Lot Details

  • 0.57 Acre Lot
  • Ocean Front
  • Property is zoned R-1 Residential, Single Family

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 5,830 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Ocean Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Lincoln Beach Oceanfront Residential Subdivision

Listing and Financial Details

  • Tax Lot 00204
  • Assessor Parcel Number R397190

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,405

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829.2
  • Road Surface Type: Paved
  • Subdivision Name: Lincoln Beach Oceanfront Residential
  • Directions: West on Pacific Street, south on Lincoln to home on ocean side.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1977
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.57
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 00204
  • General Property Description:Total Bedrooms: 9
  • General Property Description:Total Bathrooms: 5.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Siding:Vinyl: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: R397190
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 12405.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 24, 2021
Sold by
Sam Peter and Sam Anna Y
Bought by
Bh Lincoln Llc
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$1,495,000
Sold Price
$1,420,000
Premium/Discount to List
-$75,000
-5.02%
Current Estimated Value
$1,810,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,360
Avg. Annual Appreciation
5.07%
Original Mortgage
$966,000
Outstanding Balance
$630,558
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,126,925

Purchase Details

Closed on
Sep 15, 2010
Sold by
Liu Andy and Liu Ha
Bought by
Sam Peter and Sam Anna Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2010
Sold by
Edwards Michael D
Bought by
Liu Andy and Liu Ha

Purchase Details

Closed on
Jul 8, 2005
Sold by
Lissy Ernest E
Bought by
Edwards Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
6.5%
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
Bh Lincoln Llc $1,420,000 Western Title & Escrow
Sam Peter -- First American Title Ins Co
Liu Andy -- First American Title Ins Co
Edwards Michael D $915,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bh Lincoln Llc $966,000
Previous Owner Sam Peter $417,000
Previous Owner Edwards Michael D $150,000
Previous Owner Edwards Michael D $732,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $1,420,000 -5.0% $244 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $1,495,000 -- $256 / 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 $14,563 $1,071,560 -- --
2023 $13,302 $1,040,350 $0 $0
2022 $12,890 $1,010,050 $0 $0
2021 $12,561 $980,640 $0 $0
2020 $12,405 $952,080 $0 $0
2019 $11,474 $924,350 $0 $0
2018 $11,261 $897,430 $0 $0
2017 $10,912 $871,300 $0 $0
2016 $10,527 $845,930 $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: 21-678

APN: R397190