NOT LISTED FOR SALE

565 NW Spencer Ave Depoe Bay, OR 97341

Estimated Value: $725,000 - $814,000

4 Beds
3 Baths
2,181 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $360,000 $165 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,500/month

25 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Den
  • Deck
  • No HOA
  • 1-minute walk to Depoe Bay Park

About This Home

As of September 2015

Spellbinding ocean views overlooking Pirates Cove & crashing surf from this stunning 2008 custom built ocean front home. Open central living area flanked by a gourmet kitchen. You’ll appreciate the attention to detail: Custom cabs, trim, granite, pro series appliances, central vac, alarm system, wired for sound, 2 gas fireplaces, 2 x 6 construction. Outside the luxury continues with a glass railed entertainment deck and balcony along with a large raised deck.
Along with unobstructed ocean views you will be entertained with close up sightings of whales and seals. This home also affords views of the famous Sleeping Dragon rock formation and the bird sanctuary. Furnishings are negotiable.

Last Agent to Sell the Property

John Iwamura

Coldwell Banker Gesik Realty, Inc Listed on: 07/17/2015

Last Buyer's Agent

Sara Bell

Emerald Coast Realty - Newport License #200905137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 2008

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-4 Residential

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Den
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Sundowne Subdivision

Listing and Financial Details

  • Tax Lot 1 & 3
  • Assessor Parcel Number 091105CA-6400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,825

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.11
  • Lot Size: Irregular
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Sundowne
  • Directions: North side of Depoe Bay to Harney, West to Spencer to address.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2008
  • 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: 0.11
  • Location Tax and Other Information:Tax Lot: 6400
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 1 & 3
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 091105CA-6400-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2824.83
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 2, 2015
Sold by
Prunk Bruce W and Prunk Janice L
Bought by
Bergman Sean
Seller's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Sara Bell
Emerald Coast Realty - Newport
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Current Estimated Value
$775,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,415
Avg. Annual Appreciation
8.63%
Original Mortgage
$260,000
Outstanding Balance
$105,861
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$720,662

Purchase Details

Closed on
May 8, 2007
Sold by
Lemons Mark L
Bought by
Prunk Bruce W and Prunk Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2006
Sold by
Lemons Frank R
Bought by
Lemons Mark L
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
Bergman Sean $360,000 Western Title & Escrow
Prunk Bruce W $215,000 Wte
Lemons Mark L -- Wte
Lemons Frank R -- Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergman Sean $260,000
Previous Owner Prunk Bruce W $388,000
Previous Owner Prunk Bruce W $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $360,000 -20.0% $165 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $450,000 -- $206 / 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 $4,424 $340,440 -- --
2023 $4,227 $330,530 $0 $0
2022 $4,104 $320,910 $0 $0
2021 $4,141 $311,570 $0 $0
2020 $4,050 $302,500 $0 $0
2019 $3,812 $293,690 $0 $0
2018 $3,701 $285,140 $0 $0
2017 $3,606 $276,840 $0 $0
2016 $3,519 $268,780 $0 $0
2015 $3,179 $260,960 $0 $0
2014 $2,954 $253,360 $0 $0
2013 -- $245,990 $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: 14-547

APN: R203371