NOT LISTED FOR SALE

874 SW 8th St Lincoln City, OR 97367

Estimated Value: $1,388,000 - $2,242,000

4 Beds
4 Baths
3,366 Sq Ft
$508/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $1,050,000 $312 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,497/month

46 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Craftsman Architecture
  • Vaulted Ceiling
  • No HOA

About This Home

As of September 2018

Spectacular! You can not walk in the front door and not be overwhelmed by the expansive oceanfront view! This spacious 2016 Oksenholt built custom home HAS IT ALL! The attention to detail on the inside is reflective of the amazing ocean you can see from all west facing rooms. There is over 3,300 sq. ft. that is served by a three floor elevator that expands livability. Each floor provides you with thoughtfully designed coastal elegance and comfort. Sold mostly furnished this turn-key home is move in ready for you to enjoy. The garden level has an oceanfront family room with an outdoor patio, an oceanfront bedroom and a full bathroom. The main level boasts a fabulous oceanfront living room, dining with deck access & a large kitchen with a wonderful island for serving, eating & entertaining. Completing the main level are two bedrooms, one full bath that serves the main spaces and one bath dedicated to the guest bedroom suite. The upper floor is reserved strictly for the master ensuite with the best views of the house and it's own outdoor deck. The master bath is absolutely beautiful and functional with dual sinks, jacuzzi tub, large shower and huge walk-in closet.There are so many "extras" in this home. Such as 5 ceiling fans, soft close cabinets, Jen-Air appliances with downdraft cooktop and warming drawer, insta hot water dispenser, wine cooler, skylights in master, 9' ceilings, two gas fireplaces, two decks and one patio to enjoy the ocean views, ocean view jetted hot tub, silestone and granite countertops, Rinnai tankless gas water heater, 3-zone Trane gas heat, plumbed for A/C, custom tile, flooring, Hunter Douglas Sun Shades and Blinds, gas grill hook up and oh, so much more!!! Home used as a primary residence but current Vacation Rental Permit on property. Buyer to do their own due diligence regarding VRD permitting.

Last Agent to Sell the Property

Michel Roy

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #200602207 Listed on: 05/23/2018

Co-Listed By

Linda Roy

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #201205388

Last Buyer's Agent

Michel Roy

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #200602207 Listed on: 05/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,446

Year Built

  • Built in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3,366 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Camp Roosevelt Subdivision

Listing and Financial Details

  • Exclusions: List Available
  • Tax Lot 3 & PTNS 2 & 1
  • Assessor Parcel Number 071115DB-8900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,446

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.19
  • Lot Size: 8220 Sq. Ft.
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Gravel
  • Exclusions: List Available
  • Subdivision Name: Camp Roosevelt
  • Directions: Hwy. 101 to SW Ebb Ave. to SW 8th St. and go west to the last house on the left.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2016
  • Attribution Contact: linda@lincolncityrealty.net
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.19
  • Location Tax and Other Information:Tax Lot: 8900
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 8220 Sq. Ft.
  • Location Tax and Other Information:Subdv ParcelLot: 3 & PTNS 2 & 1
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Miscellaneous Exclusions: List Available
  • Miscellaneous Possession: C.O.E. + 3 Days
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con, Slab
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071115DB-8900-00
  • Zoning: R1.5

Tax Info

  • Tax Annual Amount: 11446.12
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 24, 2018
Sold by
Ritchle De W and Ritchle Jo Ellen L
Bought by
Pollock John and Pollock Kathryn
Seller's Agent
Michel Roy
Lincoln City Realty, LLC
Buyer's Agent
Michel Roy
Lincoln City Realty, LLC
List Price
$1,175,000
Sold Price
$1,050,000
Premium/Discount to List
-$125,000
-10.64%
Current Estimated Value
$1,709,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,624
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Jun 17, 2015
Sold by
Ritchie De W and Ritchie Joellen
Bought by
Ritchie De W and Ritchie Jo Ellen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pollock John $1,050,000 Western Title & Escrow
Ritchie De W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritchie De W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold $1,050,000 -10.6% $312 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $1,175,000 -- $349 / 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 $14,398 $844,520 -- --
2023 $14,001 $819,930 $0 $0
2022 $13,611 $796,050 $0 $0
2021 $12,965 $772,870 $0 $0
2020 $12,667 $750,360 $0 $0
2019 $12,235 $728,510 $0 $0
2018 $11,960 $707,300 $0 $0
2017 $11,446 $686,700 $0 $0
2016 $5,879 $365,100 $0 $0
2015 $3,817 $235,390 $0 $0
2014 $3,720 $228,540 $0 $0
2013 -- $221,890 $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: 18-1354

APN: R75214