NOT LISTED FOR SALE

71860 Apiary Rd Rainier, OR 97048

Estimated Value: $580,000 - $629,075

4 Beds
3 Baths
3,939 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $575,000 $146 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,557/month

6 Days on Market

Highlights

  • Barn
  • Traditional Architecture
  • Covered Patio or Porch
  • Forest View
  • No HOA
  • Beamed Ceilings

About This Home

As of July 2021

Listen to the wind rustling through the mature cedars and giant redwood located on this pristine 10 acre estate. The property boasts a full barn with tack room and stalls for your horses. A private natural spring is on the property as well as a professionally drilled and serviced well that feeds the 3264 sq ft home. Built to last and built for continued enjoyment for generations to come. The attached
2 car garage has 12 ft doors that allow for parking of a tall RV or all your toys. A well established orchard and livestock pen round out this unique hobby farm estate. Seller is selling ''AS IS'' and hopes that you find as much peace and joy as they have for the last 40 years. Book your appointment today as it wont last long.

Last Agent to Sell the Property

Cole Michaelis

Realty One Group At The Beach, Newport License #201228025 Listed on: 06/01/2021

Co-Listed By

Heather Duncan

Realty One Group At the Beach, License #201218092

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 1969

Lot Details

  • 9.99 Acre Lot
  • Property is zoned RR Rural Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Shingle Roof
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 3,939 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Forest Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Farming

  • Barn

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Radiant Heating System
  • Hot Water Heating System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15000
  • Assessor Parcel Number 18740

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,892

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 9.99
  • Lot Size Sq Ft: 435164.4
  • Road Surface Type: Gravel
  • Directions: OR-47N to Apiary Rd. Apiary rd. to property on left. Look for sign
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1969
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 9.99
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 15000
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Covered Patio: Yes
  • Foundation:Combination: Yes
  • Outbuildings:Barn: Yes
  • Ceiling:Beam: Yes
  • HeatingCooling:Hot Water: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Beamed Ceilings
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Combination
  • Other Structures: Shed, Barn
  • Roof: Composition, Shingle
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Ductless Heat Pump, Hot Water, Oil, Radiant, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Electric Heat Pump: Yes
  • HeatingCooling:Ductless Heat Pump: Yes
  • HeatingCooling:Oil Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 18740
  • Zoning: RR Rural Residential

Tax Info

  • Tax Annual Amount: 3892.32
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 12, 2021
Sold by
Sterling Leonard and Sterling Ruth
Bought by
Thomas Joshua M and Thomas Jessica L
Seller's Agent
Cole Michaelis
Realty One Group At The Beach, Newport
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%
Current Estimated Value
$604,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,538
Avg. Annual Appreciation
1.15%
Original Mortgage
$526,556
Outstanding Balance
$476,145
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$128,394
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Joshua M $575,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Joshua M $526,556
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $575,000 +15.0% $146 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $500,000 -- $127 / 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
2025 $4,523 $404,240 $139,490 $264,750
2024 $4,382 $392,470 $135,430 $257,040
2023 $4,364 $381,040 $135,500 $245,540
2022 $4,132 $369,950 $131,480 $238,470
2021 $4,033 $359,180 $116,600 $242,580
2020 $3,892 $348,720 $117,640 $231,080
2019 $3,782 $338,570 $112,770 $225,800
2018 $3,641 $328,710 $143,280 $185,430
2017 $3,615 $319,140 $139,110 $180,030
2016 $3,345 $309,850 $135,070 $174,780
2015 $3,304 $300,830 $112,660 $188,170
2014 $2,991 $273,780 $102,520 $171,260
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 21-1228

APN: 0303063020000150000