NOT LISTED FOR SALE

Estimated Value: $623,000 - $778,000

5 Beds
2 Baths
2,240 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $690,000 $308 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,128/month

5 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Custom Home
  • Vaulted Ceiling
  • No HOA

About This Home

As of February 2024

Nestled along the captivating Oregon coastline, 88514 3rd Ave in Florence offers an enticing retreat embodying the essence of coastal living. With an impressive main level spanning 1,280 square feet, this residence welcomes you with an expansive open floor plan that seamlessly merges elegance and functionality.The main level unveils a captivating living area adorned with vaulted ceilings and floor-to-ceiling windows that showcase breathtaking panoramic ocean views. These stunning vistas create an idyllic backdrop for whale watching and relishing awe-inspiring sunsets. The living area extends to a delightful deck, enhancing the experience of the coastal panorama.An open kitchen, generously appointed with ample cupboard space and adorned with tile counters, seamlessly connects to the dining area and family space, fostering a warm and inviting atmosphere. Completing this level is a full bathroom, catering to convenience and comfort.Descending to the lower level reveals a haven of tranquility with five bedrooms, a full bath, and a laundry area. Throughout both levels, newer vinyl flooring adds a touch of modernity and durability, elevating the home's appeal.This property holds additional allure as an established short-term rental, offering a turnkey opportunity for those seeking a furnished haven by the sea. The seller generously includes the transfer of established rental websites, boasting an impressive five years of positive reviews.Embrace an extraordinary chance to own a residence with remarkable Pacific Ocean vistas, promising not just a home but an experience?an invitation to immerse oneself in the coastal allure and bask in the beauty of Oregon's scenic coastline.

Last Agent to Sell the Property

Laura Wilson

Windermere Real Estate Lane County License #201216446 Listed on: 01/02/2024

Windermere Real Estate Lane County

Last Buyer's Agent

Darren McGillvrey

United Real Estate Properties License #200701310

United Real Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot
  • Gentle Sloping Lot
  • Landscaped with Trees

Home Design

  • Custom Home
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Driveway
  • Off-Street Parking
  • Controlled Entrance

Outdoor Features

  • Deck

Schools

  • Siuslaw Elementary And Middle School
  • Siuslaw High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0776524

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,325

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1965
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: FrenchDoors
  • Room 11 Features: Dishwasher,FrenchDoors,Island
  • Room 12 Features: Deck,FrenchDoors
  • Room 9 Features: FrenchDoors
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: Furnished, VaultedCeiling, VinylFloor
  • Room 4 Description: Laundry
  • Room 4 Level: Lower
  • Room 5 Description: _4thBedroom
  • Room 5 Level: Lower
  • Room 6 Description: _5thBedroom
  • Room 6 Level: Lower
  • Basement: None
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Island, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt5000to6999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodComposite
  • Exterior Features: Deck
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: GentleSloping, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle Or Junior School: Siuslaw

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 0776524

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3324.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 20, 2024
Sold by
Annis Revocable Declaration Of Trust
Bought by
Melhorn Steven L and Melhorn Laura M
Seller's Agent
Laura Wilson
Windermere Real Estate Lane County
Buyer's Agent
Darren McGillvrey
United Real Estate Properties
List Price
$690,000
Sold Price
$690,000
Views
55
Current Estimated Value
$705,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,284
Avg. Annual Appreciation
1.49%
Original Mortgage
$330,000
Outstanding Balance
$326,113
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$379,171

Purchase Details

Listed on
Feb 21, 2017
Closed on
Sep 11, 2017
Sold by
Reliance West Land Co
Bought by
Annis Jayme L and The Annis Revocable Declaratio
Seller's Agent
Pamela Yarbrough
Coldwell Banker Coast Real Est
Buyer's Agent
Amy Johnson
TR Hunter Real Estate
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Jul 11, 2003
Sold by
Brown Donald R and Brown James G
Bought by
Reliance West Land Co
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Melhorn Steven L $690,000 Cascade Title
Annis Jayme L $375,000 First American Title
Reliance West Land Co $275,000 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melhorn Steven L $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $690,000 0.0% $308 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $690,000 +84.0% $308 / Sq Ft
09/20/2017 09/20/17 Sold $375,000 -9.6% $167 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $415,000 -- $185 / 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
2023 $3,416 $301,544 $0 $0
2022 $3,183 $292,762 $0 $0
2021 $3,094 $284,235 $0 $0
2020 $3,005 $275,957 $0 $0
2019 $2,887 $267,920 $0 $0
2018 $2,917 $252,541 $0 $0
2017 $2,809 $252,541 $0 $0
2016 $2,730 $245,185 $0 $0
2015 $2,693 $238,044 $0 $0
2014 $2,622 $231,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23533905

Regional Multiple Listing Service (RMLS)

APN: 0776524