NOT LISTED FOR SALE

49640 Surf Ln Neskowin, OR 97149

Estimated Value: $2,861,000 - $4,125,000

4 Beds
4 Baths
7,005 Sq Ft
$494/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $550,000 $79 Per Sq Ft

Est. 533% increase in value since last sale

Current estimated payment $20,974/month

82 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Bonus Room
  • Deck
  • Wood Flooring
  • 1-minute walk to Neskowin Beach State Recreation Site

About This Home

As of March 2013

Low Bank Ocean Front Home, 7,000 sqft, Amazing opportunity! Gated community. Prestigious location, View of Proposal Rock! This property has sustain FIRE DAMAGE and being sold in ''AS IS'' condition. Previously listed for $1.3M, 4 bdrms, 4 fireplaces, 3.5 bths. It will take some work.Enter at your own risk.
What a great opportunity,

Last Agent to Sell the Property

Gilbert Urciel

Northwest Real Estate Group Listed on: 11/05/2012

Co-Listed By

Natividad Grajeda-Weber

Northwest Real Estate Group

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,077

Year Built

  • Built in 1973

Lot Details

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

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 7,005 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Fireplace
  • Family Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Wood Flooring
  • Ocean Views
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5S11 36BC 01600

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,077

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.43
  • Lot Size: 18730
  • Lot Size Sq Ft: 18730.8
  • Road Surface Type: Gravel
  • Directions: Take Hwy 101 north from Lincoln City, west on South Beach Rd, thru gate, right on Nescove Drive to corner of Surf Lane
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1973
  • 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: Ocean
  • General Property Description:_pound_ of Acres: 0.43
  • Location Tax and Other Information:Tax Lot: 1600
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 18730
  • Location Tax and Other Information:Subdv ParcelLot: 0
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Siding:Cedar: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Ceiling:Beam: Yes
  • Utilities:Sewer2: Septic
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: None
  • HeatingCooling:Radiant: Yes
  • Miscellaneous Possession: negotiable
  • External Features:Roof: Composition
  • External Features:Siding: Cedar
  • External Features:Foundation: Slab
  • External Features:DeckPatio: Covered Patio
  • External Features:Street Surface: Gravel
  • External Features:Outbuildings: None
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Interior Amenities: Beamed Ceilings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Slab
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Radiant, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5S11 36BC 01600
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 8077.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Erickson Michael K and Erickson Revocable T Michael K
Bought by
Erickson Vacation Homes Ii Llc
Current Estimated Value
$3,480,122

Purchase Details

Closed on
Oct 12, 2016
Sold by
Erickson Properties Llc
Bought by
Michael K Erickson Revocable Trust and Erickson

Purchase Details

Closed on
Feb 5, 2015
Sold by
Woods Stephen R
Bought by
Erickson Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,950
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 26, 2012
Sold by
Printz Cynthia L and Haruda Cynthia Printz
Bought by
Ingraham Francis
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
Erickson Vacation Homes Ii Llc -- None Available
Michael K Erickson Revocable Trust -- None Listed On Document
Erickson Properties Llc $1,787,500 Fidelity National Title Co
Ingraham Francis $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Properties Llc $1,175,000
Previous Owner Erickson Properties Llc $1,158,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $550,000 0.0% $79 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $550,000 -- $79 / 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 $21,046 $1,703,940 $483,260 $1,220,680
2023 $21,097 $1,654,320 $469,180 $1,185,140
2022 $20,346 $1,606,140 $455,510 $1,150,630
2021 $19,772 $1,559,360 $442,240 $1,117,120
2020 $19,280 $1,513,950 $429,360 $1,084,590
2019 $18,874 $1,469,860 $416,850 $1,053,010
2018 $17,422 $1,427,050 $404,710 $1,022,340
2017 $15,685 $1,385,490 $392,920 $992,570
2016 $14,443 $1,345,140 $381,480 $963,660
2015 $14,926 $1,305,970 $370,370 $935,600
2014 $14,572 $1,267,940 $359,580 $908,360
2013 -- $778,740 $349,110 $429,630
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 12-790

APN: R0258009