NOT LISTED FOR SALE

525 Melody St Depoe Bay, OR 97341

Estimated Value: $332,440 - $436,000

3 Beds
1 Bath
1,084 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $265,000 $244 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,503/month

23 Days on Market

Highlights

  • RV Access or Parking
  • Bonus Room
  • Cottage
  • Deck
  • No HOA
  • Den

About This Home

As of August 2020

BRAND NEW REMODEL! Move-in ready SINGLE LEVEL home in quiet Depoe Bay neighborhood. This modern style house lives large with OPEN CONCEPT kitchen/living area, and separate laundry room. Don't overlook the HUGE bonus room that could be used as a large 3RD BEDROOM! ALL NEW flooring, electrical, plumbing, windows, appliances, counters, decking, HardiPlank siding, and paint inside and out. Large fenced yard and fresh landscaping. Lots of on-site parking for your BOAT or RV! Close access to all the shops and amazing restaurants in Depoe Bay!

Last Agent to Sell the Property

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892 Listed on: 06/17/2020

Co-Listed By

Brodie Becksted

Equity Plus Real Estate License #200302191

Last Buyer's Agent

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1962

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned R-2 Residential

Parking

  • RV Access or Parking

Home Design

  • Cottage
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,084 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • Bonus Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Depoe Bay Subdivision

Listing and Financial Details

  • Tax Lot 1200
  • Assessor Parcel Number 091108AA-1200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,277

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Depoe Bay
  • Directions: Hwy 101 in Depoe Bay, East on Bay St, Right on Ainslee Ave, Right on SE Melody St to property on right
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1962
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 5000
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1200
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 50x100
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091108AA-1200-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 1277.28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 10, 2020
Sold by
Shoreline Investments Llc
Bought by
Roque Matthew
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$429,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,544
Avg. Annual Appreciation
9.02%
Original Mortgage
$271,095
Outstanding Balance
$243,580
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$164,908

Purchase Details

Listed on
Sep 10, 2019
Closed on
Nov 14, 2019
Sold by
Bank Of New York Mellon Trust Company Na
Bought by
Shoreline Investments Llc
Seller's Agent
Leslie Edwards
REALHome Services & Solutions, Inc.
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$73,500
Sold Price
$69,825
Premium/Discount to List
-$3,675
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
823.40%
Original Mortgage
$92,902
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2019
Sold by
Hurt Linda K and Cso Financial Inc
Bought by
Bank Of New York Mellon Trust Co Na and Bank Of New York Trust Company Na
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
Roque Matthew $265,000 Western Title & Escrow
Shoreline Investments Llc $69,825 None Available
Bank Of New York Mellon Trust Co Na $70,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roque Matthew $50,000
Open Roque Matthew $271,095
Previous Owner Shoreline Investments Llc $92,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $265,000 -3.6% $244 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $275,000 +293.8% $254 / Sq Ft
01/03/2020 01/03/20 Sold $69,825 -5.0% $64 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $73,500 +5.3% $68 / Sq Ft
10/16/2019 10/16/19 Off Market $69,825 -- --
10/09/2019 10/09/19 For Sale $76,600 +9.7% $71 / Sq Ft
10/08/2019 10/08/19 Off Market $69,825 -- --
09/30/2019 09/30/19 Price Changed $76,600 -0.5% $71 / Sq Ft
09/10/2019 09/10/19 For Sale $77,000 -- $71 / 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 $1,827 $140,620 -- --
2023 $1,746 $136,530 $0 $0
2022 $1,695 $132,560 $0 $0
2021 $1,711 $128,700 $0 $0
2020 $1,354 $101,480 $0 $0
2019 $1,277 $98,850 $0 $0
2018 $1,259 $97,790 $0 $0
2017 $1,140 $88,290 $0 $0
2016 $1,137 $87,740 $0 $0
2015 $1,235 $101,360 $0 $0
2014 $1,147 $98,410 $0 $0
2013 -- $95,550 $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: 20-1217

APN: R151234