$340,000
SOLD OCT 3, 2016
0.42 Acre
$809,524 Price per Acre
18,295 Sq Ft Lot

Recently Sold

3% Below List Price

107 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Level Lot

About This Lot

As of October 2020

One of the last remaining ocean front lots. Build your dream home on this flat lot with walk out to miles of sandy beach. Southshore is an upscale, gated community with indoor & outdoor tennis courts, swimming pool, exercise room, clubhouse, private access to the beach, walking trails and more. It borders a wetland preserve. Watch birds & wildlife in their natural environment.

Last Agent to Sell the Property

Doretta Smith

Martek Real Estate Brokerage Phone: 541-265-8785 License #200707030 Listed on: 04/20/2016

Last Buyer's Agent

Steve Bebek

John L Scott Newport

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,523

Lot Details

  • 0.42 Acre Lot
  • Ocean Front
  • Level Lot
  • Property is zoned R-4 Residential

Additional Features

  • Ocean Views
  • Gas Available at Street

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 111130AA-2800-00

Community Details

Overview

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

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$6,523

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.42
  • Lot Size: Irregular
  • Lot Size Sq Ft: 18295.2
  • Road Surface Type: Paved
  • Subdivision Name: Southshore
  • Directions: Hwy 101 to SW 62nd St (Southshore), west to roundabout, thru south gate - call listing broker if gate is down
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.42
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2800
  • Miscellaneous Survey: Recorded
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • Water:City2: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 7
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Miscellaneous Cable T V: Avail
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Available
  • Water Source: At Street, City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111130AA-2800-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 6522.9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 9, 2020
Sold by
Whitlock Sherman F and Whitlock Cindy L
Bought by
Schreiber John and To Yueseum
Seller's Agent
Tammy Powell
Emerald Coast Realty - Depoe Bay
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$1,240,000
Sold Price
$1,240,000
Current Estimated Value
$1,376,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,669
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Apr 20, 2016
Closed on
Sep 23, 2016
Sold by
Lowery Chad S and Lowery Rogene M
Bought by
Whitlock Sherman F and Whitlock Cindy L
Seller's Agent
Doretta Smith
Martek Real Estate
Buyer's Agent
Steve Bebek
John L Scott Newport
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.97%
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 Type Sale Price Title Company
Warranty Deed $1,240,000 Western Title & Escrow
Warranty Deed $340,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $322,000 Commercial
Previous Owner $297,118 Unknown
Previous Owner $296,900 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $1,240,000 0.0% $465 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $1,240,000 +264.7% $465 / Sq Ft
10/03/2016 10/03/16 Sold $340,000 -2.9% --
08/05/2016 08/05/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $350,000 -- --
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 $18,656 $1,033,880 -- --
2023 $18,216 $1,003,770 $0 $0
2022 $17,655 $974,540 $0 $0
2021 $17,350 $946,160 $0 $0
2020 $11,028 $598,100 $0 $0
2019 $5,871 $323,000 $0 $0
2018 $5,862 $323,000 $0 $0
2017 $5,984 $323,000 $0 $0
2016 $6,742 $361,000 $0 $0
2015 $6,523 $365,750 $0 $0
2014 $6,567 $365,750 $0 $0
2013 -- $371,920 $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: 16-1202

APN: R507127