NOT LISTED FOR SALE

507 Center Way Yachats, OR 97498

Estimated Value: $272,000 - $609,000

2 Beds
2 Baths
1,120 Sq Ft
$203/mo HOA Fee

Last Sold April 14, 2016

Last sale price $216,000 $193 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,033/month

394 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • 1 Car Attached Garage
  • Deck
  • Wood Flooring
  • Forced Air Cooling System

About This Home

As of April 2016

HUGE PRICE REDUCTION!Beautiful finished condominium with ocean views all one level jetted tub tile and granite, stainless appliances. High Quality construction by Zane Hoen. close to everything Yachats has to offer! Trails beaches restaurants!!! FINANCING AVAILABLE!

Last Listed By

Mike Snidow

Coastal Homes & Land License #910200046 Listed on: 02/02/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 2008

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Siding
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Cooling System
  • No Heating
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Level Entry For Accessibility
  • Deck
  • Property fronts a highway

Listing and Financial Details

  • Assessor Parcel Number 141227DA-90001-00

Community Details

Overview

  • Yachats Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,967

Year Built

Built in 2008

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Highway
  • Lot Size: condo
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Yachats
  • Directions: Hwy 101 to Yachats, east on 6th (just north of Leroy's Blue Whale) first right is Center Way to condos
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2008
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 00
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: condo
  • Location Tax and Other Information:Subdv ParcelLot: 0
  • Alternate Heat:None7: Yes
  • Siding:Cedar: Yes
  • Flooring:Wood3: Yes
  • Siding:Hardi Plank: Yes
  • Flooring:Tile2: Yes
  • Handicap Features:Level Entry: Yes
  • Siding:ShingleShake: Yes
  • Miscellaneous Possession: neg
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Wood, Tile
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 203.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Lot Info

  • Parcel #: 141227DA-90001-00
  • Zoning: C-1 Commercial

Tax Info

  • Tax Annual Amount: 1967.36
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Apr 8, 2016
Sold by
Sowden Doug S
Bought by
Mare Michael S and Mare Christine L
Seller's Agent
Mike Snidow
Coastal Homes & Land
Buyer's Agent
Sandra George
Windermere WCP Real Estate Gallery
List Price
$208,000
Sold Price
$216,000
Premium/Discount to List
$8,000
3.85%
Total Days on Market
394
Current Estimated Value
$484,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,000
Avg. Annual Appreciation
11.21%
Original Mortgage
$162,000
Outstanding Balance
$139,267
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$426,733

Purchase Details

Listed on
Feb 2, 2015
Closed on
Apr 6, 2016
Sold by
Clark Carol A
Bought by
Sowden Doug S
Seller's Agent
Mike Snidow
Coastal Homes & Land
Buyer's Agent
Sandra George
Windermere WCP Real Estate Gallery
List Price
$208,000
Sold Price
$216,000
Premium/Discount to List
$8,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$139,267
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$426,733

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
Mare Michael S $216,000 Western Title & Escrow
Sowden Doug S -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mare Michael S $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $216,000 +3.8% $193 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/02/2015 02/02/15 For Sale $208,000 -- $186 / 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 $3,146 $225,250 -- $225,250
2023 $3,043 $218,690 $0 $0
2022 $2,742 $212,330 $0 $0
2021 $2,693 $206,150 $0 $0
2020 $2,647 $200,150 $0 $0
2019 $2,547 $194,330 $0 $0
2018 $2,511 $188,670 $0 $0
2017 $2,413 $183,180 $0 $0
2016 $2,234 $177,850 $0 $0
2015 $2,015 $172,670 $0 $0
2014 -- $167,650 $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: 15-217

APN: R526957