NOT LISTED FOR SALE

5289 Highway 101 N Yachats, OR 97498

Estimated Value: $664,000 - $869,000

3 Beds
1 Bath
864 Sq Ft
$843/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $495,000 $573 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,476/month

3 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Fireplace
  • Deck
  • Covered patio or porch
  • 1 Car Attached Garage

About This Home

As of January 2021

Hard to find ocean front low bank home and miles of sandy beach are waiting for you to explore and enjoy from this Yachats cabin retreat. Home is tucked up on the east side leaving a long expanse of back yard with ocean views and pathway that meanders out to the beach. Owner has done extensive work to property see upgrade list for all details. Move in ready with lots of options
at this price point of under 500K for 1.7 acres on the amazing Oregon coast.

Last Agent to Sell the Property

Paul Cohen

Edgewater Realty License #201205530 Listed on: 11/10/2020

Last Buyer's Agent

Mac Creasman

Seashore Homes Realty License #201224806

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 1968

Lot Details

  • 1.71 Acre Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned RR-2 Rural 2 acre

Parking

  • 1 Car Attached Garage

Home Design

  • Cabin
  • Built-Up Roof
  • Cedar Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Window Treatments
  • Living Room
  • Vinyl Flooring
  • Ocean Views
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3000
  • Assessor Parcel Number 141214BA-3000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,332

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 1.71
  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 74487.6
  • Road Surface Type: Paved
  • Directions: Hwy 101 five miles south of Waldport or three miles north of Yachats, no sign. orange cones mark entrance.
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Year Built: 1968
  • 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: None
  • General Property Description:_pound_ of Acres: 1.71
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cabin
  • General Property Description:Basement: No
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • General Property Description:Lot Dimensions: IRREGULAR
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Siding:Cedar: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Covered Porch: Yes
  • Water:Public: Yes
  • Sewerseptic In: Yes
  • Roof:Built-Up: Yes
  • Handicap Features:Ramped Main Level: Yes
  • Miscellaneous Possession: neg
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter, Cont/Con
  • Other Structures: Shed
  • Roof: Built-Up, Other
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 141214BA-3000-00
  • Zoning: RR-2 Rural 2 acre

Tax Info

  • Tax Annual Amount: 4332.09
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 29, 2020
Sold by
Krausse Jennie and Jennie Krausse 2004 Revocable
Bought by
Shaik Syeeda A
Seller's Agent
Paul Cohen
Edgewater Realty
Buyer's Agent
Mac Creasman
Seashore Homes Realty
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$728,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,507
Avg. Annual Appreciation
8.34%
Original Mortgage
$371,250
Outstanding Balance
$335,060
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$379,929

Purchase Details

Closed on
Oct 25, 2019
Sold by
Krausse Jennie Lynn
Bought by
Krausse Jennie and Jennie Lynn Krausse Rlt

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 14, 2018
Sold by
Miller Clifford and Miller Claudia
Bought by
Krausse Jennie Lynn
Seller's Agent
Chris Watkins
Windermere West Coast Properties
Buyer's Agent
Wendy Birchfield
Windermere West Coast Properties
List Price
$375,000
Sold Price
$310,000
Premium/Discount to List
-$65,000
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shaik Syeeda A $495,000 Western Title & Escrow
Krausse Jennie -- None Available
Krausse Jennie Lynn $310,000 Frontier Title & Escrow Of O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaik Syeeda A $371,250
Previous Owner Krausse Jennie Lynn $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $495,000 0.0% $573 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $495,000 +59.7% $573 / Sq Ft
08/17/2018 08/17/18 Sold $310,000 -17.3% $359 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $375,000 -- $434 / 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 $5,431 $388,190 -- --
2023 $5,252 $376,890 $0 $0
2022 $4,731 $365,920 $0 $0
2021 $4,644 $355,270 $0 $0
2020 $4,562 $344,930 $0 $0
2019 $4,332 $334,890 $0 $0
2018 $4,171 $323,160 $0 $0
2017 $4,278 $325,140 $0 $0
2016 $3,958 $315,670 $0 $0
2015 $3,577 $306,480 $0 $0
2014 $3,480 $297,560 $0 $0
2013 -- $288,900 $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: 20-2025

APN: R454852