NOT LISTED FOR SALE

510 SW Coast Ave Depoe Bay, OR 97341

Estimated Value: $750,000 - $774,741

3 Beds
4 Baths
1,820 Sq Ft
$418/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $665,500 $366 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,487/month

17 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Deck
  • No HOA
  • 1-minute walk to Fogarty Creek State Park

About This Home

As of December 2021

Beautifully updated duplex with ocean views. Located just across the street from ocean front nestled in the charming town of Depoe Bay. The top unit features 2 bedrooms, 2 bathrooms with open spacious living area and vaulted ceilings. Surround your senses on the surrounding upper deck with fresh salt air and scenic ocean views. The bottom unit features 1 bedroom, 1.5 bathrooms with an open, spacious floor plan. Just a short distance from downtown shops, restaurants, and Depoe Bay's famous Harbor.

Last Agent to Sell the Property

Jeremy Dean

Realty One Group At the Beach, License #201221636 Listed on: 10/15/2021

Realty One Group At the Beach,

Co-Listed By

Annjelika Dean

Realty One Group At the Beach, License #201226145

Last Buyer's Agent

Heidi Rogers

At the Sea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,852

Year Built

  • Built in 1973

Lot Details

  • 5,227

Home Design

  • Duplex
  • Combination Foundation
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Utilities

  • Heat Pump System
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Breakers Addn To Depoe Bay Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 091108BD-4101-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,852

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Subdivision Name: Breakers Addn to Depoe Bay
  • Directions: Hwy 101- West to SW Kent Ave, Right on Coast Ave to property on right.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1973
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4101
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Duplex
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Location Tax and Other Information:Subdv ParcelLot: 8
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Concrete Composite: Yes
  • Foundation:Combination: Yes
  • HeatingCooling Heat Pump - Elect: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Combination, Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1
  • External Features:Parking Spaces: 3.0

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091108BD-4101-00
  • Zoning: R-4 Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3851.73
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 6, 2021
Sold by
Illies Kevin and Illies Robin
Bought by
Bean Exchange Llc
Seller's Agent
Jeremy Dean
Realty One Group At the Beach,
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$675,000
Sold Price
$665,500
Premium/Discount to List
-$9,500
-1.41%
Current Estimated Value
$760,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,185
Avg. Annual Appreciation
4.02%
Original Mortgage
$465,500
Outstanding Balance
$432,661
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$338,124

Purchase Details

Listed on
Oct 4, 2019
Closed on
Dec 24, 2019
Sold by
Deschenes Richard David and Estate Of Michael Blacet
Bought by
Illies Kevin and Illies Robin
Seller's Agent
Joe Kirk
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Christina Corallino
Taylor & Taylor Realty Company
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.37%

Purchase Details

Listed on
Sep 4, 2016
Closed on
Dec 20, 2016
Sold by
Phillips Linda L
Bought by
Blacet Michael
Seller's Agent
Linda Phillips
Emerald Coast Realty - Depoe Bay
Buyer's Agent
Tammy Powell
Emerald Coast Realty - Depoe Bay
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$280,912
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Aug 28, 2007
Sold by
Hughes Jeffrey D and Hughes Joleen E
Bought by
Phillips Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back
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
Bean Exchange Llc $665,500 Western Title & Escrow
Illies Kevin $340,000 Lawyers Title Of Oregon Llc
Blacet Michael $275,000 Western Title & Escrow
Phillips Linda L $339,500 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Exchange Llc $465,500
Previous Owner Blacet Michael $280,912
Previous Owner Phillips Linda L $30,000
Previous Owner Phillips Linda L $132,000
Previous Owner Phillips Linda L $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $665,500 -1.4% $366 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $675,000 +98.5% $371 / Sq Ft
01/03/2020 01/03/20 Sold $340,000 -14.8% $187 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $399,000 +45.1% $219 / Sq Ft
12/21/2016 12/21/16 Sold $275,000 0.0% $151 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/04/2016 09/04/16 For Sale $275,000 -- $151 / 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 $4,207 $323,770 -- --
2023 $4,020 $314,340 $0 $0
2022 $3,903 $305,190 $0 $0
2021 $3,938 $296,310 $0 $0
2020 $3,852 $287,680 $0 $0
2019 $3,625 $279,310 $0 $0
2018 $3,462 $268,930 $0 $0
2017 $3,500 $271,110 $0 $0
2016 $3,551 $271,180 $0 $0
2015 $3,207 $263,290 $0 $0
2014 $2,935 $255,630 $0 $0
2013 -- $250,530 $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: 21-2459

APN: R363660