NOT LISTED FOR SALE

763 Old River Rd NE Siletz, OR 97380

Estimated Value: $587,000 - $721,000

3 Beds
2 Baths
2,028 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $245,000 $121 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,764/month

271 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • 5 Car Attached Garage
  • Traditional Architecture
  • No HOA
  • Cooling Available

About This Home

As of May 2017

Nice private location. Large single level home in need of some repair and remodeling. 30x40 3 BAY SHOP, Siletz River & Creek frontage. Mature landscaping. Great price for a gem in the rough. All water inspections/flow test complete, septic inspections and home inspection on file.

Last Agent to Sell the Property

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 01/01/2017

Last Buyer's Agent

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 01/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1961

Lot Details

  • 7.01 Acre Lot
  • River Front
  • Irregular Lot
  • Property is zoned A-C Agricultural Conservation

Parking

  • 5 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shake Roof
  • Shingle Roof
  • Cedar Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Shop

Utilities

  • Cooling Available
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1000
  • Assessor Parcel Number 10100300-1000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 7.01
  • Lot Size: Irregular
  • Lot Size Sq Ft: 305355.6
  • Road Surface Type: Paved
  • Directions: Hwy 229 to Logsden Rd. Turn left on Palmer Street which turns into old river rd. Property on left hand side.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1961
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: River
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 7.01
  • Location Tax and Other Information:Tax Lot: 1000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Shingle: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 1000
  • General Property Description:Property Sub-Type: Single Family Residence
  • Gas:None6: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Patio: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Outbuildings:Shop: Yes
  • Roof:Shake: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Flooring: Carpet, Wood

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Foundation Details: Con/Post
  • Other Structures: Shop
  • Patio And Porch Features: Patio
  • Roof: Shake, Shingle

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 5

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 10100300-1000-00
  • Zoning: A-C Agricultural Conservation

Tax Info

  • Tax Annual Amount: 2512.14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2017
Closed on
May 23, 2017
Sold by
The Northwest Baptist Foundation
Bought by
Alvarez David Xedrae and Alvarez Mystee Rae
Seller's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
List Price
$279,000
Sold Price
$245,000
Premium/Discount to List
-$34,000
-12.19%
Current Estimated Value
$620,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,673
Avg. Annual Appreciation
12.21%
Original Mortgage
$385,700
Outstanding Balance
$325,142
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$305,483

Purchase Details

Closed on
Jun 20, 2016
Sold by
The Northwest Baptist Foundation
Bought by
The Northwest Baptist Foundation

Purchase Details

Closed on
Nov 28, 2011
Sold by
T & M Miller Family Limited Partnership
Bought by
The Northwest Baptist Foundation and Dorothy N Slaughter Revocable Living Tru

Purchase Details

Closed on
Jun 18, 2008
Sold by
Slaughter Dorothy N
Bought by
Slaughter Dorothy N and Cecil Slaughter Decedent Trust
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 Buyer Sale Price Title Company
Alvarez David Xedrae $245,000 Western Title & Escrow
The Northwest Baptist Foundation -- None Available
The Northwest Baptist Foundation -- None Available
Slaughter Dorothy N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez David Xedrae $75,000
Open Alvarez David Xedrae $385,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $245,000 -12.2% $121 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
05/03/2016 05/03/16 For Sale $279,000 -- $138 / 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 $4,030 $315,870 -- --
2023 $3,903 $306,670 $0 $0
2022 $280 $24,220 $0 $0
2021 $274 $23,520 $0 $0
2020 $3,616 $280,660 $0 $0
2019 $3,731 $294,670 $0 $0
2018 $3,664 $286,100 $0 $0
2017 $3,161 $246,870 $0 $0
2016 $2,835 $239,690 $0 $0
2015 $2,253 $193,420 $0 $0
2014 $2,193 $187,790 $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: 16-1347

APN: R12655