NOT LISTED FOR SALE

4960 SW Surf Pines Ln Waldport, OR 97394

Estimated Value: $698,200 - $862,000

3 Beds
2 Baths
1,256 Sq Ft
$613/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $489,700 $390 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,550/month

47 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Fireplace
  • Vaulted Ceiling
  • Octagon House
  • Patio

About This Home

As of October 2017

The Patio House on the ocean! Enjoy fabulous Oregon Coast sunsets from this quaint single level oceanfront home. Spacious stone patio features a firepit for warmth on coastal evenings. Rare direct beach access to miles of sandy beach. Unique octagonal shape with vaulted ceilings takes advantage of the ocean views. Currently a vacation rental, this could also be a primary or vacation home. Located @ 3 miles south of Waldport and Alsea River with Yachats just another 6 miles down the road. Fishing, crabbing, boating, hiking and golf and more are just minutes away. Reward yourself with the coastal lifestyle today !

Last Agent to Sell the Property

Lisa Morrigan

Cascade Hasson Sotheby's International Realty License #200109047 Listed on: 06/27/2017

Co-Listed By

Ed Tanabe

Cascade Hasson Sotheby's International Realty License #200308237

Last Buyer's Agent

Pam Mugleston

Emerald Coast Realty - Seal Rock License #940600295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1971

Lot Details

  • 0.69 Acre Lot
  • Ocean Front
  • Property is zoned RR-2 Rural 2 acre

Home Design

  • Octagon House
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Surf Pines Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 131236CD-900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,998

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.69
  • Lot Size: 29,908 SqFt
  • Lot Size Sq Ft: 30056.4
  • Road Surface Type: Paved
  • Subdivision Name: Surf Pines
  • Directions: @ 3 Miles south of Waldport, west on Surf Pines Lane to address.
  • Architectural Style: Octagon
  • Garage Yn: No
  • Year Built: 1971
  • 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: 0.69
  • Location Tax and Other Information:Tax Lot: 900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: One
  • General Property Description:Style: Octagon
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 29,908 SqFt
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Patio: Yes
  • Water:Public: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: Nego
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 131236CD-900-00
  • Zoning: RR-2 Rural 2 acre

Tax Info

  • Tax Annual Amount: 3997.83
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Sep 20, 2017
Sold by
Surf Pines Cottage Llc
Bought by
Eastgate Llc
Seller's Agent
Lisa Morrigan
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Pam Mugleston
Emerald Coast Realty - Seal Rock
List Price
$499,000
Sold Price
$489,700
Premium/Discount to List
-$9,300
-1.86%
Current Estimated Value
$770,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,350
Avg. Annual Appreciation
5.79%
Original Mortgage
$334,700
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 2015
Sold by
Small Steve E
Bought by
Surf Pines Cottage Llc

Purchase Details

Closed on
Nov 10, 2012
Sold by
Nelson Nettie M
Bought by
Small Steve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.34%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Eastgate Llc $489,700 Western Title & Escrow
Surf Pines Cottage Llc -- None Available
Small Steve E $285,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Eastgate Llc $334,700
Previous Owner Small Steve E $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2017 10/10/17 Sold $489,700 -1.9% $390 / Sq Ft
08/13/2017 08/13/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $499,000 -- $397 / 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 $5,753 $411,220 -- --
2023 $5,564 $399,250 $0 $0
2022 $5,012 $387,630 $0 $0
2021 $4,919 $376,340 $0 $0
2020 $4,833 $365,380 $0 $0
2019 $4,647 $354,740 $0 $0
2018 $4,580 $344,410 $0 $0
2017 $4,342 $334,380 $0 $0
2016 $3,998 $324,650 $0 $0
2015 $3,639 $315,200 $0 $0
2014 $3,464 $296,180 $0 $0
2013 -- $287,560 $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: 17-1848

APN: R402853