NOT LISTED FOR SALE

79058 Cove Beach Rd Arch Cape, OR 97102

Estimated Value: $1,349,000 - $1,582,000

3 Beds
3 Baths
1,665 Sq Ft
$863/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $1,600,000 $961 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,748/month

Highlights

  • Waterfront
  • Deck
  • Private Yard
  • Bluff on Lot
  • 1 Fireplace
  • Views

About This Home

As of August 2022

Ocean front in Falcon Cove. Fun, lively and open, this home is everything you want in a beach house. Sweeping views of the ocean and Cape Falcon, the most dramatic area of the Oregon Coast. Single level and spacious living, 2 bed, 2 bath in main house. Separate studio with 1 bed, 1 bath adds so much versatility to this special property. One of the few with a big yard overlooking the beach.

Last Agent to Sell the Property

Egrane Brown

RE/MAX Coastal Advantage License #201011083 Listed on: 02/28/2022

Co-Listed By

Alaina Giguiere

RE/MAX Coastal Advantage License #990900004

Last Buyer's Agent

Dustin Miller

Kelly Right Real Estate of Portland, LLC License #201218282

Kelly Right Real Estate of Portland, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Bluff on Lot
  • Private Yard

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Property Views

Home Security

  • Security System Owned
  • Smart Thermostat

Additional Features

  • Deck
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 1 Story
  • Sq Ft Calculated: 1665
  • Sq Ft Approximate Total: 1665
  • Stories: 1
  • Year Built: 1969
  • Property Condition: Resale
  • Remarks Public: Ocean front in Falcon Cove. Fun, lively and open, this home is everything you want in a beach house. Sweeping views of the ocean and Cape Falcon, the most dramatic area of the Oregon Coast. Single level and spacious living, 2 bed, 2 bath in main house. Separate studio with 1 bed, 1 bath adds so much versatility to this special property. One of the few with a big yard overlooking the beach.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 3.0
  • Total Bathrooms: 3.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Smart Thermostat
  • Kitchen Appliances: Microwave, Built-in Refrigerator, Island, Pantry, Free-Standing Range
  • Legal Description: COVE BEACH LT 8, 9, 12, 13 BLK 31
  • Sq Ft Main Level: 1665
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 3
  • Basement: None
  • Bathrooms Main Level Full: 3
  • Total Bathrooms: 3

Exterior Features

  • Exterior Description: Shingle Siding
  • Exterior Features: Deck, Yard
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Ocean, Trees/Woods
  • Waterfront Description: Ocean Front
  • Waterfront: Yes
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Gravel

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Standard Septic
  • Water Description: Community
  • Heating Description: Baseboard
  • Security: Security System Owned

Schools

  • Elementary School: Pacific Ridge
  • Middle School: Seaside
  • High School: Seaside

Lot Info

  • Lot Description: Bluff
  • Acres: 0.34

Tax Info

  • Tax Amount: 4971.30
  • Assessor Parcel Number: 3268
  • Tax Year: 2021

MLS Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside
  • Middle School: Seaside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Aug 25, 2022
Sold by
Ann Butler Leslie
Bought by
Ling 36 Skyline Llc
Seller's Agent
Egrane Brown
RE/MAX Coastal Advantage
Buyer's Agent
Dustin Miller
Kelly Right Real Estate of Portland, LLC
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Current Estimated Value
$1,386,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,778
Avg. Annual Appreciation
-3.34%

Purchase Details

Closed on
Nov 21, 2014
Sold by
Butler Leslie Ann
Bought by
Butler Leslie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Ling 36 Skyline Llc $1,600,000 Ticor Title
Butler Leslie Ann $200,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Leslie Ann $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $1,600,000 -10.9% $961 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $1,795,000 0.0% $1,078 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $1,795,000 -- $1,078 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,740 $412,403 -- --
2023 $5,212 $400,392 $0 $0
2022 $5,080 $388,731 $0 $0
2021 $4,971 $377,410 $0 $0
2020 $4,852 $366,418 $0 $0
2019 $4,592 $355,746 $0 $0
2018 $4,375 $345,386 $0 $0
2017 $4,216 $335,327 $0 $0
2016 $3,590 $325,561 $186,911 $138,650
2015 $3,477 $316,079 $181,467 $134,612
2014 $3,372 $306,874 $0 $0
2013 -- $297,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22678658

Regional Multiple Listing Service (RMLS)

APN: 3268