NOT LISTED FOR SALE

7415 E Summit Rd Pacific City, OR 97135

Estimated Value: $823,000 - $1,215,000

4 Beds
3 Baths
2,170 Sq Ft
$440/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $855,000 $394 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,492/month

32 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • RV Access or Parking
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of June 2022

Perched above the resort town of Pacific City only 90 miles from Portland, this stunning view property could be your new dream home on the Oregon Coast! Go salmon fishing or crabbing on the famous Nestucca River, then head home to relax and enjoy the ocean & river views while listening to the surf with a glass of wine on your deck! This custom home, built by the current owner in 2012, sits on a large lot & boasts an open floor plan, a fabulous kitchen, spacious rooms & large windows. Call today for a showing!

Last Agent to Sell the Property

Courtney Fields

Rob Trost Real Estate, LLC License #200804089 Listed on: 03/17/2022

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 2010

Lot Details

  • 0.28 Acre Lot
  • Irregular Lot
  • Property is zoned PCW-R1 Pacific City Residential

Property Views

  • Ocean
  • River

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,170 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line
  • Propane
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Parcel 1
  • Assessor Parcel Number 4S1030AC-14900-

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,681

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.28
  • Lot Size: 12,197 sq ft
  • Lot Size Sq Ft: 12196.8
  • Road Surface Type: Paved
  • Directions: From Brooten Rd just south of Pacific City, take Fisher Rd, then right on Summit to 7415.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2010
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: River
  • General Property Description:_pound_ of Acres: 0.28
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 14900
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 12,197 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: Parcel 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:Fireplace: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 4S1030AC-14900-
  • Zoning: PCW-R1 Pacific City Residential

Tax Info

  • Tax Annual Amount: 4680.76
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 24, 2022
Sold by
Arthur Zell John
Bought by
Dhakal Nirdosh and Bhandari Srijana
Seller's Agent
Courtney Fields
Rob Trost Real Estate, LLC
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$879,000
Sold Price
$855,000
Premium/Discount to List
-$24,000
-2.73%
Current Estimated Value
$954,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,020
Avg. Annual Appreciation
3.34%
Original Mortgage
$641,250
Outstanding Balance
$609,174
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$344,846

Purchase Details

Closed on
Apr 8, 2021
Sold by
Zell John Arthur and Zell Laura Lee
Bought by
Zell John Arthur and Zell Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Kiwanda Coastal Properties
Bought by
Zell John Arthur and Zell Laura Lee
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
Dhakal Nirdosh $855,000 Ticor Title
Zell John Arthur -- Amrock Llc
Zell John Arthur $210,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhakal Nirdosh $641,250
Previous Owner Zell John Arthur $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $855,000 -2.7% $394 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $879,000 -- $405 / 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
2024 $5,149 $426,630 $151,330 $275,300
2023 $5,113 $414,210 $146,920 $267,290
2022 $4,794 $390,850 $142,640 $248,210
2021 $4,681 $379,470 $138,480 $240,990
2020 $4,568 $368,420 $134,440 $233,980
2019 $4,533 $357,690 $130,520 $227,170
2018 $4,165 $347,280 $126,720 $220,560
2017 $3,812 $337,170 $123,030 $214,140
2016 $3,748 $327,350 $119,450 $207,900
2015 $3,664 $317,820 $115,970 $201,850
2014 $3,592 $308,570 $112,590 $195,980
2013 -- $299,590 $109,310 $190,280
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 22-495

APN: R0380812