NOT LISTED FOR SALE

Estimated Value: $846,000 - $1,224,000

3 Beds
3 Baths
2,530 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $500,000 $198 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,968/month

11 Days on Market

Highlights

  • Ocean Front
  • Traditional Architecture
  • Cooling Available
  • Deck
  • 3 Car Attached Garage
  • Shed

About This Home

As of December 2018

Reduced $40k!! Spectacular panoramic beach & WHITE WATER OCEAN VIEWS from this classic OCEANFRONT home. Conveniently Located just South of Newport near shopping, dining & miles of SANDY BEACHES. This contemporary home has a large Trex Deck for entertaining and plenty of room for all of your guests to enjoy those amazing Sunsets and Ocean views. There is even an ARTIST STUDIO outside the Master Suite. Could even be a Guest House. A remodel will make this home your Dream Home!!

Last Agent to Sell the Property

Steve Bebek

Ocean Equity Real Estate & Investments, LLC Listed on: 11/05/2018

Co-Listed By

Gina Bebek

Ocean Equity Real Estate & Investments, LLC

Last Buyer's Agent

Ryan Maddy

Coldwell Banker Professional Group - Lincoln City License #201218391

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 1974

Lot Details

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

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • Pacific Shores Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 111131AD-1800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,523

Year Built

Built in 1974

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.32
  • Lot Size: 13743
  • Lot Size Sq Ft: 13939.2
  • Road Surface Type: Paved
  • Subdivision Name: Pacific Shores
  • Directions: Hwy 101 south from Newport, West on SW 82nd St.(Pacific Shores). South on Marine View to address.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1974
  • 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: None
  • General Property Description:_pound_ of Acres: 0.32
  • Location Tax and Other Information:Tax Lot: 1800
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 13743
  • Location Tax and Other Information:Subdv ParcelLot: 36
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Siding:Hardi Plank: Yes
  • Lot Type:Irregular: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Sewerseptic In: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Water Source: On Property
  • HeatingCooling:Electric Heat Pump: Yes
  • HeatingCooling:Electric: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 111131AD-1800-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6523.16
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 6, 2018
Sold by
Honochick Rebecca C and Honochick Robert P
Bought by
Hansen John Chris and Hansen Deborah Catherine
Seller's Agent
Steve Bebek
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Ryan Maddy
Coldwell Banker Professional Group - Lincoln City
List Price
$649,000
Sold Price
$500,000
Premium/Discount to List
-$149,000
-22.96%
Total Days on Market
11
Current Estimated Value
$993,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,222
Avg. Annual Appreciation
9.99%
Original Mortgage
$400,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Hansen John Chris $500,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hansen John Chris $20,000
Open Hansen John Chris $474,000
Closed Hansen John Chris $74,719
Closed Hansen John Chris $400,000
Previous Owner Honochick Robert P $232,500
Previous Owner Honochick Robert P $224,000
Previous Owner Honochick Robert P $229,000
Previous Owner Honochick Robert P $205,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $500,000 -23.0% $198 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $649,000 -- $257 / 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 $8,319 $583,410 -- --
2023 $8,158 $566,420 $0 $0
2022 $8,176 $549,930 $0 $0
2021 $7,555 $533,920 $0 $0
2020 $7,350 $518,370 $0 $0
2019 $6,846 $484,760 $0 $0
2018 $6,695 $470,650 $0 $0
2017 $6,523 $436,190 $0 $0
2016 $6,398 $443,650 $0 $0
2015 $5,763 $430,730 $0 $0
2014 $5,688 $418,190 $0 $0
2013 -- $406,010 $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: 18-1141

APN: R200162