NOT LISTED FOR SALE

885 Ocean View Dr Yachats, OR 97498

Estimated Value: $577,000 - $744,000

2 Beds
1 Bath
712 Sq Ft
$889/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $410,000 $576 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,951/month

78 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • 1 Car Attached Garage
  • Furnished
  • Cottage
  • 1-Story Property

About This Home

As of December 2017

Mid-century Yachats cottage with spectacular world-class ocean views from large picture windows looking out over waves crashing on the basalt rock formations. Large .53 acre lot extends out into the ocean rocks leading to extraordinary tide pools, agates, fishing and crabbing, and has a small stretch of sandy beach to enjoy as well. One of the first lots in Yachats offered to the public, owned by the same family for decades. Three ft deeded strip was purchased by owners for future home expansion. Amazing floor plan for home available. Lot has buildable space on all four sides up to lot lines. Yard is landscaped for privacy and has an owner planted mature grove of Monterey cypresses.Time to kick back and watch the whales go by and make your memories for years to come in beautiful Yachats.

Last Listed By

Paul Cohen

Edgewater Realty License #201205530 Listed on: 08/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1948

Lot Details

  • 0.53 Acre Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-1 Residential, Single

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Cottage
  • Cedar Siding

Interior Spaces

  • 712 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Ocean Crest Subdivision

Listing and Financial Details

  • Tax Lot 11& part of lot 12
  • Assessor Parcel Number 141227AC-3900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,755

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.53
  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 23086.8
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Crest
  • Directions: West 3rd st downtown Yachats to Ocean View, turn right home on left at sign.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1948
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 0.53
  • Location Tax and Other Information:Tax Lot: 3900
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: IRREGULAR
  • Location Tax and Other Information:Subdv ParcelLot: 11& part of lot 12
  • General Property Description:Property Sub-Type: Single Family Residence
  • Flooring:Vinyl2: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Alternate Heat:Wood Stove Insert: Unknown
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Other
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 141227AC-3900-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3755.39
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2017
Closed on
Dec 2, 2017
Sold by
Kocher Carl A and Kocher Marilyn
Bought by
Priem Bruce and Priem Diane
Seller's Agent
Paul Cohen
Edgewater Realty
Buyer's Agent
Paul Cohen
Edgewater Realty
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%
Total Days on Market
78
Current Estimated Value
$632,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,999
Avg. Annual Appreciation
5.33%

Range of Values:

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Average Value
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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
Priem Bruce $410,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priem Bruce $215,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $410,000 -8.7% $576 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $449,000 -- $631 / 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 $5,288 $378,630 -- --
2023 $5,115 $367,610 $0 $0
2022 $4,609 $356,910 $0 $0
2021 $4,526 $346,520 $0 $0
2020 $4,450 $336,430 $0 $0
2019 $4,280 $326,640 $0 $0
2018 $4,220 $317,130 $0 $0
2017 $4,056 $307,900 $0 $0
2016 $3,755 $298,940 $0 $0
2015 $3,387 $290,240 $0 $0
2014 $3,307 $281,790 $0 $0
2013 -- $273,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Paul Cohen

    Edgewater Realty

    (541) 563-3161

    56 Total Sales

    Paul Cohen
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Map

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

MLS Number: 17-2472

APN: R391705

Oregon Lincoln County Yachats 97498

885 Ocean View Dr, Yachats, OR

Homes for Sale in Yachats, OR

This home is located at 885 Ocean View Dr, Yachats, OR 97498 since 19 August 2017 and is currently estimated at $632,999, approximately $889 per square foot. This property was built in 1948. 885 Ocean View Dr is a home with nearby schools including Crestview Heights School, Waldport High and Middle School, and Angell JCC.

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