NOT LISTED FOR SALE

525 Yaquina Ave Depoe Bay, OR 97341

Estimated Value: $715,000 - $836,000

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

Last Sold September 30, 2020

Last sale price $544,500 $299 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,093/month

28 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Octagon House
  • Deck
  • No HOA
  • 1-minute walk to Depoe Bay Park

About This Home

As of September 2020

One of a kind location. This home was built as a carousel home so it is round.3bdrm/2bath with 2bdrm/1bath on the upper level and 1bdrm 1bath on the lower. There is room to add a kitchen and small living room in the lower level creating a duplex which is legal in this zone. ONE OF A KIND VIEW.

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 07/28/2020

Last Buyer's Agent

Alexandra Underhill

Martek Real Estate License #201220028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,202

Year Built

  • Built in 1971

Lot Details

  • 5,663 Sq Ft Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-4 Residential

Home Design

  • Octagon House
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Sundowne Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 091105CA-7900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,202

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: 0.13
  • Lot Size: irregular
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Gravel
  • Subdivision Name: Sundowne
  • Directions: West on Vista to Yaquina then North along the street to last home on the left.This is a narrow street not yet built so be careful going in and out.
  • 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: Ocean
  • General Property Description:_pound_ of Acres: 0.13
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 7900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Octagon
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: irregular
  • Location Tax and Other Information:Subdv ParcelLot: 16
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091105CA-7900-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 5202.25
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Nov 11, 2020
Sold by
Milburn Richard Brent
Bought by
Milburn Richard B and Richard B Milburn Revocable Trust
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Alexandra Underhill
Martek Real Estate
List Price
$549,500
Sold Price
$544,500
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$836,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,799
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 25, 2020
Sold by
Farris Patrick B and Farris Monika
Bought by
Milburn Richard Brent
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Alexandra Underhill
Martek Real Estate
List Price
$549,500
Sold Price
$544,500
Premium/Discount to List
-$5,000
-0.91%
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
Milburn Richard B -- None Available
Milburn Richard Brent $544,500 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farris Patrick B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $544,500 -0.9% $299 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $549,500 -- $302 / 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 $6,429 $494,770 -- --
2023 $6,142 $480,360 $0 $0
2022 $5,965 $466,370 $0 $0
2021 $6,018 $452,790 $0 $0
2020 $5,309 $397,990 $0 $0
2019 $5,202 $402,180 $0 $0
2018 $4,640 $360,410 $0 $0
2017 $4,401 $340,900 $0 $0
2016 $4,294 $331,420 $0 $0
2015 $4,715 $390,470 $0 $0
2014 $4,385 $379,100 $0 $0
2013 -- $351,870 $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: 20-1397

APN: R236473