$360,000
SOLD APR 29, 2015
0.3 Acre
$1,200,000 Price per Acre
13,068 Sq Ft Lot

Recently Sold

10% Below List Price

About This Lot

As of June 2021

One of the very few level, low bank oceanfront lots available. Go out your back door to miles of sandy beaches. Located in the desirable 'Southshore' community. Enjoy all amenities of Southshore, i.e., indoor tennis courts, pool, clubhouse, beach access & gated!

Last Agent to Sell the Property

Larry Garrison

Windermere Distinctive Coastal Properties License #200108162 Listed on: 03/18/2015

Last Buyer's Agent

Roland Woodcock

Seashore Homes Realty License #200802191

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,233

Year Built

  • 2023

Lot Details

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

HOA Fees

  • $175 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Utilities

  • Gas Available at Street

Listing and Financial Details

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

Community Details

Overview

  • 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

$5,233

Year Built

2023

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.3
  • Lot Size: Irregular
  • Lot Size Sq Ft: 13068.0
  • Road Surface Type: Paved
  • Subdivision Name: Southshore
  • Directions: Hwy 101 South right into Southshore left to property.
  • 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: Mountain
  • General Property Description:_pound_ of Acres: 0.3
  • Location Tax and Other Information:Tax Lot: 03300
  • Miscellaneous Survey: Recorded
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 2
  • Miscellaneous Cable T V: Avail
  • Special Features: None
  • Year Built (Public Record): 2023

Exterior Features

  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: 525.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly

Lot Info

  • Parcel #: 111130AA-3300-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5233.42
  • Tax Year: 2014

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
0
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
9.14%

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:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $495,000 Frontier T&E Of Or Llc
Warranty Deed $360,000 Western Title & Escrow
Bargain Sale Deed -- First American Title Ins Co
Warranty Deed $415,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,700,000 New Conventional
Previous Owner $369,000 Fannie Mae Freddie Mac
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

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Map

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

MLS Number: 15-717

APN: R507131