NOT LISTED FOR SALE

6450 SW Arbor Dr South Beach, OR 97366

South Beach Neighborhood

Estimated Value: $978,000 - $1,925,690

0.3 Acre
$4,725,210 Price per Acre
13,068 Sq Ft Lot

Last Sold June 18, 2021

Last sale price $495,000

Est. 186% increase in value since last sale

Current estimated payment $9,104/month

24 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Level Lot

About This Lot

As of June 2021

This is the beach you've been dreaming of. For family gatherings, and long walks on miles of soft sand. Build your home where the beach is your backyard! Located in the beautifully maintained and gated community of Southshore, with amenities that include indoor tennis and swimming, workout room and clubhouse. Come see this special location on Oregon's breathtaking coastline.

Last Agent to Sell the Property

Roland Woodcock

Seashore Homes Realty Brokerage Phone: 971-570-1256 License #200802191 Listed on: 03/10/2021

Last Buyer's Agent

John Winter

Cascade Hasson Sotheby's International Realty License #201226178

Cascade Hasson Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,956

Year Built

  • 2023

Lot Details

  • 0.3 Acre Lot
  • Ocean Front
  • Level Lot
  • Property is zoned PD - Planned Development

Additional Features

  • Ocean Views
  • Gas Available at Street

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 111130AA-3300-00

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance
  • 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

$5,956

Year Built

2023

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Road Surface Type: Paved
  • Subdivision Name: Southshore
  • Directions: South of the Yaquina Bay Bridge in Newport, turn west on SW 62nd. St. into Southshore. Continue around traffic circle and go through south gate (code required) toward clubhouse. Turn right on Arbor and continue to address.
  • Attribution Contact: 971-570-1256
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.3
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 3300
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Water:City2: Yes
  • Sewer:City3: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 2
  • Special Features: None
  • Year Built (Public Record): 2023

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association: No

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 111130AA-3300-00
  • Zoning: PD - Planned Development
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5955.77
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
2003 John T Betts Revocable Trust
Bought by
Betts John T
Total Days on Market
24
Current Estimated Value
$1,417,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,647,270
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$946,807

Purchase Details

Closed on
Jul 27, 2022
Sold by
Betts Family Trust and Betts John T
Bought by
Betts John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,647,270
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$946,807

Purchase Details

Closed on
Nov 12, 2021
Sold by
Betts John E and Betts Jennifer A
Bought by
Betts John T and Betts Jennifer A

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 11, 2021
Sold by
Dirienzo Anthony C and Dirienzo Lauren B
Bought by
Betts John T and Betts Jennifer A
Seller's Agent
Roland Woodcock
Seashore Homes Realty
Buyer's Agent
John Winter
Cascade Hasson Sotheby's International Realty
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 23, 2015
Sold by
Heng Allen K and Durinzi Karen
Bought by
Dirienzo Anthony C and Dirienzo Lauren B
Seller's Agent
Larry Garrison
Windermere Distinctive Coastal Properties
Buyer's Agent
Roland Woodcock
Seashore Homes Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Jan 11, 2005
Sold by
South Shores Development Llc
Bought by
Southshore Homeowners Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2005
Sold by
South Shores Development Llc
Bought by
Heng Allen K and Durinzi Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Betts John T -- None Listed On Document
Betts John T -- None Listed On Document
Betts John T -- None Available
Betts John T $495,000 Frontier T&E Of Or Llc
Dirienzo Anthony C $360,000 Western Title & Escrow
Southshore Homeowners Assn -- First American Title Ins Co
Heng Allen K $415,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betts John T $1,700,000
Previous Owner Heng Allen K $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $495,000 0.0% --
04/03/2021 04/03/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $495,000 +37.5% --
04/29/2015 04/29/15 Sold $360,000 -9.8% --
03/18/2015 03/18/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $399,000 -- --
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 $13,763 $762,750 -- --
2023 $6,590 $363,120 $0 $0
2022 $6,027 $332,690 $0 $0
2021 $5,923 $323,000 $0 $0
2020 $5,956 $323,000 $0 $0
2019 $5,871 $323,000 $0 $0
2018 $5,862 $323,000 $0 $0
2017 $5,900 $318,470 $0 $0
2016 $5,775 $309,200 $0 $0
2015 $5,354 $300,200 $0 $0
2014 $5,233 $291,460 $0 $0
2013 -- $282,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Roland Woodcock

    Seashore Homes Realty

    (971) 570-1256

    3 in this area

    62 Total Sales

    Roland Woodcock
    Section Image

  • J

    Buyer's Agent in 2021

    John Winter

    Cascade Hasson Sotheby's International Realty

    (541) 241-3405

    22 in this area

    37 Total Sales

    John Winter
    Section Image

  • L

    Seller's Agent in 2015

    Larry Garrison

    Windermere Distinctive Coastal Properties

See All Agents

Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 21-475

APN: R507131

Oregon Lincoln County South Beach 97366 South Beach

6450 SW Arbor Dr, South Beach, OR

This home is located at 6450 SW Arbor Dr, South Beach, OR 97366 since 10 March 2021 and is currently estimated at $1,417,563. This property was built in 2023. 6450 SW Arbor Dr is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes