NOT LISTED FOR SALE

48988 Highway 101 S Unit 322 Neskowin, OR 97149

Estimated Value: $427,104 - $483,000

3 Beds
2 Baths
1,400 Sq Ft
$709/mo HOA Fee

Last Sold August 23, 2023

Last sale price $429,000 $306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,299/month

10 Days on Market

Highlights

  • Ocean View
  • Deck
  • Fireplace
  • Home fronts a creek
  • Furnished
  • 5-minute walk to Neskowin Beach State Recreation Site

About This Home

As of August 2023

Spectacular Proposal Rock, Ocean and Creek views from this RARE 3 Bedroom, 2 bath END UNIT condo. Tastefully updated with Furnishings included. Currently a successful owner-managed vacation rental. Net last year was just over $24,000. New Luxury Vinyl Plank flooring and carpet. Cozy wood burning fireplace. Relax and watch the sunset on the large top floor deck. Unit has tons of storage, Laundry facilities on each floor and is pet friendly. Close to miles of beautiful sandy beach, Hawk Creek Cafe, and Neskowin Trading Company store. This is your chance to own a nightly rental at the Beach!

Last Agent to Sell the Property

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 06/05/2023

Last Buyer's Agent

MATTHEW STARCK

Keller Williams Capital City, Salem License #201241154

Keller Williams Capital City, Salem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1972

HOA Fees

  • $709 Monthly HOA Fees

Property Views

  • Ocean
  • Creek or Stream

Home Design

  • Wood Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Deck
  • Home fronts a creek

Listing and Financial Details

  • Tax Lot Floor 3
  • Assessor Parcel Number 5S1125CC-80301-

Community Details

Overview

  • Association fees include electricity, trash, internet, sewer, insurance, water
  • David Thouvenel Association
  • Neskowin Lodge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,508

Year Built

Built in 1972

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Creek
  • Road Surface Type: Paved
  • Subdivision Name: Neskowin Lodge
  • Directions: Hwy 101 to Neskowin. Take the first Left to Proposal Rock Inn. Third Floor, far end unit.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Creek
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 80301
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Location Tax and Other Information:Subdv ParcelLot: Floor 3
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Wood: Yes
  • Siding:ShingleShake: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Other
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 709.0
  • Association Fee Frequency: Monthly
  • Phone: twovtwov@yahoo.com
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Internet - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - 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:Utilities - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: David Thouvenel
  • CondoAssociation:Assoc Contact Phone: twovtwov@yahoo.com
  • Association Fee Inclusions:Electric - Unit: Yes

Fee Information

  • Association Fee Includes: Electricity, Trash, Internet, Sewer, Insurance, Water

Lot Info

  • Parcel #: 5S1125CC-80301-
  • Zoning: Nesk-C Neskowin Commercial

Tax Info

  • Tax Annual Amount: 2508.17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 21, 2023
Sold by
Barber Lisa M and Clemens Mark
Bought by
Glover Joseph P and Glover Melissa M
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
MATTHEW STARCK
Keller Williams Capital City, Salem
List Price
$429,000
Sold Price
$429,000
Views
135
Current Estimated Value
$451,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,244
Avg. Annual Appreciation
2.13%
Original Mortgage
$119,000
Outstanding Balance
$116,363
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$334,163

Purchase Details

Closed on
Apr 20, 2022
Sold by
Barber Lisa M and Barber Mark
Bought by
Barber Lisa M and Clemens Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,775
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2019
Closed on
Nov 14, 2019
Sold by
Mack Joyce L
Bought by
Barber Lisa and Clemens Mark
Seller's Agent
Susan Amort
Windermere West - Pacific City
Buyer's Agent
Amy Graham
Taylor & Taylor Realty Co.
List Price
$245,000
Sold Price
$215,600
Premium/Discount to List
-$29,400
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$161,700
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glover Joseph P $429,000 Fidelity National Title
Barber Lisa M -- Amrock
Barber Lisa $215,629 Frontier T&E Of Or Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glover Joseph P $119,000
Previous Owner Barber Lisa M $167,775
Previous Owner Barber Lisa $161,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $429,000 0.0% $306 / Sq Ft
06/05/2023 06/05/23 For Sale $429,000 +99.0% $306 / Sq Ft
11/15/2019 11/15/19 Sold $215,600 -12.0% $154 / Sq Ft View Prior Sale
09/08/2019 09/08/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $245,000 -- $175 / 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 $2,594 $209,850 -- $209,850
2023 $2,601 $203,740 $0 $203,740
2022 $2,508 $197,810 $0 $197,810
2021 $2,437 $192,050 $0 $192,050
2020 $2,377 $186,460 $0 $186,460
2019 $2,327 $181,030 $0 $181,030
2018 $2,148 $175,760 $0 $175,760
2017 $1,934 $170,650 $0 $170,650
2016 $1,781 $165,680 $0 $165,680
2015 $1,841 $160,860 $0 $160,860
2014 $1,797 $156,180 $0 $156,180
2013 -- $151,640 $0 $151,640
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 23-1064

APN: R0256635