NOT LISTED FOR SALE

875 Ocean Dr SW Bandon, OR 97411

Estimated Value: $714,939 - $767,000

5 Beds
4 Baths
2,890 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $682,000 $236 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,278/month

80 Days on Market

Highlights

  • Ocean View
  • Board and Batten Siding
  • Level Lot
  • Ocean Crest Elementary School Rated 9+
  • Garage
  • Wall Furnace

About This Home

As of August 2023

Spacious two-story, two-unit home located on the sought-after Ocean Dr in Bandon! Situated on a large lot with two separated backyards that provide plenty of outdoor space for gardening, entertaining, and relaxation. The lower unit features vaulted ceilings, three bedrooms and two full bathrooms, including a master suite with a private bathroom. Laundry room and two-car garage. The upper unit has a separate entry on the back of the home with it's own laundry room and extra storage downstairs at the entrance. Head upstairs to find bamboo floors throughout the living space and kitchen with ocean views from the large windows in the open concept living area. Two bedrooms and two full bathrooms. Master suite with walk-in closet and private bathroom. Located minutes away from Bandon's charming downtown for shopping and restaurants, also close to many local attractions, including Bandon Dunes Golf Resort, the Coquille River Lighthouse, and the Face Rock State Scenic Viewpoint. Whether you're looking for a large family home, investment property, or a dual living option you won't want to miss out on this opportunity to own a piece of coastal paradise! Upper unit vacant, bottom unit tenant-occupied. SHOWN BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Brady Chindamo

National Real Estate License #201227510 Listed on: 05/02/2023

Co-Listed By

Niki Ludwig

National Real Estate License #201215943

Last Buyer's Agent

Misty Berry

Beach Loop Realty License #200310228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1965

Lot Details

  • Level Lot

Property Views

  • Ocean
  • River

Home Design

  • Board and Batten Siding

Interior Spaces

  • 2,890 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Open Parking

Schools

  • Ocean Crest Elementary School
  • Harbor Lights Middle School
  • Bandon High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number 1041411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,104

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1965
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: BoardBattenSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: Ocean,River

Garage/Parking

  • Parking Description: Garage, Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Ocean Crest
  • High School: Bandon
  • Middle Or Junior School: Harbor Lights

Lot Info

  • Zoning: R-1
  • Parcel #: 1041411

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4103.93

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Aug 17, 2023
Sold by
Contreras Linda S and Contreras Robert
Bought by
Rosa Properties Llc
Seller's Agent
Brady Chindamo
National Real Estate
Buyer's Agent
Misty Berry
Beach Loop Realty
List Price
$739,000
Sold Price
$682,000
Premium/Discount to List
-$57,000
-7.71%
Views
236
Current Estimated Value
$740,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,970
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
May 2, 2023
Closed on
Jul 25, 2023
Sold by
Contreras Family Trust
Bought by
Contreras Robert and Contreras Linda S
Seller's Agent
Brady Chindamo
National Real Estate
Buyer's Agent
Misty Berry
Beach Loop Realty
List Price
$739,000
Sold Price
$682,000
Premium/Discount to List
-$57,000
-7.71%
Views
236

Purchase Details

Closed on
Aug 12, 2015
Sold by
Contreras Robert and Contreras Linda
Bought by
Contreras Family Trust

Purchase Details

Closed on
Jun 21, 2005
Sold by
Nelson Brian T and Nelson Lesley
Bought by
Contreras Robert and Contreras Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
5.72%
Mortgage Type
Commercial
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
Rosa Properties Llc $682,000 Ticor Title
Contreras Robert -- None Listed On Document
Contreras Robert -- None Listed On Document
Contreras Family Trust -- None Available
Contreras Robert $549,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Robert $302,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $682,000 -2.4% $236 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $699,000 -5.4% $242 / Sq Ft
05/02/2023 05/02/23 For Sale $739,000 -- $256 / 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 $4,198 $373,930 -- --
2023 $4,088 $363,040 $0 $0
2022 $4,104 $352,470 $0 $0
2021 $3,943 $342,210 $0 $0
2020 $3,580 $342,210 $0 $0
2019 $3,569 $322,580 $0 $0
2018 $3,356 $313,190 $0 $0
2017 $3,278 $304,070 $0 $0
2016 $3,141 $291,840 $0 $0
2015 $3,089 $295,220 $0 $0
2014 $3,089 $286,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brady Chindamo

    Seller's Agent in 2023

    Brady Chindamo

    National Real Estate

    (541) 263-7100

    3 in this area

    61 Total Sales

    Brady Chindamo
    Section Image
  • Niki Ludwig

    Seller Co-Listing Agent in 2023

    Niki Ludwig

    National Real Estate

    (541) 530-1817

    3 in this area

    58 Total Sales

    Niki Ludwig
    Section Image
  • Misty Berry

    Buyer's Agent in 2023

    Misty Berry

    Beach Loop Realty

    (541) 347-1800

    32 in this area

    52 Total Sales

    Misty Berry
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23094269

Regional Multiple Listing Service (RMLS)

APN: 1001041411

Oregon Coos County Bandon 97411

875 Ocean Dr SW, Bandon, OR

This home is located at 875 Ocean Dr SW, Bandon, OR 97411 since 02 May 2023 and is currently estimated at $740,970, approximately $256 per square foot. This property was built in 1965. 875 Ocean Dr SW is a home located in Coos County with nearby schools including Ocean Crest Elementary School, Harbor Lights Middle School, and Bandon Senior High School.

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