NOT LISTED FOR SALE

558 Point Ave Depoe Bay, OR 97341

Estimated Value: $609,000 - $903,000

3 Beds
3 Baths
2,902 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $500,000 $172 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,548/month

41 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Wood Flooring
  • 1-minute walk to Depoe Bay Scenic Park

About This Home

As of September 2021

PRICE REDUCTION! Plenty of room for the family in this large home in a great Depoe Bay neighborhood. Solid cedar home, massive fireplace, 3-4 bedrooms with 2.5 baths. Level back yard. Plenty of space to make coastal memories that will last a lifetime. This home is priced well for you to make your own.

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 07/04/2021

Co-Listed By

Barbara Frechette

John L Scott Newport License #201240780

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,647

Year Built

  • Built in 1979

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R-1 Residential, Single

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,902 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Fireplace
  • Ocean Views
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Sunset Park Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 4600
  • Assessor Parcel Number 091108CB-4600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,647

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Paved
  • Subdivision Name: Sunset Park
  • Directions: West on South Point as far as you can go. Turn right and 2nd home on the right
  • Architectural Style: Classical
  • Garage Yn: Yes
  • Year Built: 1979
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 7000
  • General Property Description:_pound_ of Acres: 0.16
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 4600
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Classical
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Deck and Patio: Yes
  • DeckPatio:Covered Porch: Yes
  • Ceiling:Beam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Other, Vinyl, Carpet, Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Permanent
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 091108CB-4600-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4646.63
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Sep 20, 2021
Sold by
Cohen Charles E and Cohen Emily
Bought by
Hong Yoon Sik and Hong Haesook
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$599,500
Sold Price
$500,000
Premium/Discount to List
-$99,500
-16.6%
Current Estimated Value
$744,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,684
Avg. Annual Appreciation
12.29%
Original Mortgage
$150,000
Outstanding Balance
$138,244
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$640,378

Purchase Details

Closed on
Jan 28, 2010
Sold by
Cohen Emily S
Bought by
Cohen Rental Property Llc

Purchase Details

Closed on
Oct 20, 2009
Sold by
Toumey Jackson L
Bought by
Cohen Rental Property Llc

Purchase Details

Closed on
Oct 5, 2009
Sold by
Cohen Charles E
Bought by
Cohen Rental Property Llc

Purchase Details

Closed on
Sep 27, 2009
Sold by
Cohen Emily S
Bought by
Cohen Emily S and Cohen Charles E

Purchase Details

Closed on
Sep 18, 2009
Sold by
Cohen Emily S
Bought by
Cohen Emily S and Cohen Charles E
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
Hong Yoon Sik $500,000 Western Title & Escrow
Cohen Rental Property Llc -- None Available
Cohen Rental Property Llc -- None Available
Cohen Rental Property Llc -- None Available
Cohen Emily S -- None Available
Cohen Emily S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Yoon Sik $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $500,000 -16.6% $172 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $599,500 -- $207 / 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 $5,075 $390,590 -- --
2023 $4,849 $379,220 $0 $0
2022 $4,709 $368,180 $0 $0
2021 $4,751 $357,460 $0 $0
2020 $4,647 $347,050 $0 $0
2019 $4,373 $336,950 $0 $0
2018 $4,246 $327,140 $0 $0
2017 $4,100 $317,620 $0 $0
2016 $4,024 $310,240 $0 $0
2015 $3,669 $301,210 $0 $0
2014 $3,357 $292,440 $0 $0
2013 -- $284,050 $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: 21-1604

APN: R307157