NOT LISTED FOR SALE

696 E Yates Rd Alsea, OR 97324

Estimated Value: $168,520 - $463,000

0.42 Acre
$636,126 Price per Acre
18,295 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $130,000

Est. 106% increase in value since last sale

Current estimated payment $1,467/month

24 Days on Market

About This Lot

As of October 2021

Opportunities are endless with this beautiful parcel on the Alsea River. Located just 27 miles from the town of Waldport and the Port of Alsea, this lot is ready for you to make your dreams come true, with septic,electricty and water on lot. The Alsea River boasts excellent fishing and kayaking while Alsea Bay is home to excellent crabbing and clamming. With views and wildlife galore, this property won't last long.

Last Agent to Sell the Property

Aaron Rian

The Brokerage House License #201205091 Listed on: 08/06/2021

Co-Listed By

Chad Anderson

The Brokerage House License #201230462

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $541

Lot Details

  • 0.42 Acre Lot
  • Level Lot
  • Property is zoned R-1 Residential, Single Family

Utilities

  • Natural Gas Not Available
  • Shared Well
  • Septic System

Community Details

  • No Home Owners Association
  • Fall Creek Subdivision

Listing and Financial Details

  • Tax Lot 2000
  • Assessor Parcel Number 140912A-2000-00

Property Details

Property Type

Land

Est. Annual Taxes

$541

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295.2
  • Road Surface Type: Gravel
  • Subdivision Name: Fall Creek
  • Directions: Yates Rd to address near end, 13 miles from town Alsea
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.42
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2000
  • Miscellaneous Survey: No
  • Miscellaneous:Manufactured Allowed: Unknown
  • Topography:Level: Yes
  • Topography:Sloped: Yes
  • Electric:On Property2: Yes
  • Gas:None6: Yes
  • Water:Community: Yes
  • Water:Shared Well: Yes
  • Septic:Step System: Yes
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Community, Shared Well
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 140912A-2000-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 541.49
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 16, 2021
Sold by
Rusen John L and Rusen Laura L
Bought by
Olsen Sidney H and Olsen Diana J
Seller's Agent
Aaron Rian
The Brokerage House
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Current Estimated Value
$267,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,173
Avg. Annual Appreciation
7.93%
Original Mortgage
$91,000
Outstanding Balance
$72,253
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$103,194

Purchase Details

Closed on
Nov 16, 2017
Sold by
Davenport Gary G and Davenport Patricia A
Bought by
Rusen John L and Rusen Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
3.15%
Mortgage Type
New Conventional
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
Olsen Sidney H $130,000 Lawyers Title Of Oregon Llc
Rusen John L $70,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Sidney H $91,000
Previous Owner Rusen John L $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $130,000 -12.8% --
08/30/2021 08/30/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $149,000 -- --
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 $597 $53,080 -- --
2023 $580 $51,540 $0 $0
2022 $563 $50,040 $0 $0
2021 $550 $48,590 $0 $0
2020 $541 $47,180 $0 $0
2019 $520 $45,810 $0 $0
2018 $513 $44,480 $0 $0
2017 $495 $43,190 $0 $0
2016 $482 $41,940 $0 $0
2015 $433 $40,720 $0 $0
2014 $422 $39,540 $0 $0
2013 -- $38,390 $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: 21-1931

APN: R416732