NOT LISTED FOR SALE

93583 Lookout Ln Coos Bay, OR 97420

Estimated Value: $638,853 - $739,000

8 Beds
4 Baths
3,408 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $600,000 $176 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,028/month

Highlights

  • Fireplace
  • High Speed Internet
  • 1-Story Property
  • Views
  • Level Lot

About This Home

As of April 2022

Great opportunity for investors! This darling four-plex has established long term tenants and is located on Bay Park Hill in Coos Bay. Each unit is 2 bedroom, 1 bathroom, with washer & dryer hookups. Updates throughout! Coos County vacancy rate is at less than 1%! Get in on this opportunity while it lasts!

Last Agent to Sell the Property

Jessica Hakki

Pacific Properties License #201247167 Listed on: 04/06/2022

Last Buyer's Agent

Levi Rider

Pacific Coast Real Estate & Development, LLC License #201225928

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Block Foundation
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup
  • Property Views

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,337

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3408
  • Stories: 1
  • Year Built: 1966
  • Property Condition: Updated/Remodeled
  • Remarks Public: Great opportunity for investors! This darling four-plex has established long term tenants and is located on Bay Park Hill in Coos Bay. Each unit is 2 bedroom, 1 bathroom, with washer & dryer hookups. Updates throughout! Coos County vacancy rate is at less than 1%! Get in on this opportunity while it lasts!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 2016 892
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 20K-.99AC
  • Roof Type: Tar/Gravel
  • View: City, Trees/Woods
  • Foundation Details: Block, Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Internet Service Type: Cable, DSL

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Schools

  • Middle School: Millicoma
  • High School: Marshfield

Lot Info

  • Lot Description: Level
  • Zoning: UR-M

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3411.31
  • Assessor Parcel Number: 398205
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.57

MLS Schools

  • High School: Marshfield
  • Middle School: Millicoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Lyche Charles J and Lyche Mona L
Bought by
Mjs Investment Group Llc
Current Estimated Value
$688,927

Purchase Details

Closed on
Feb 5, 2016
Sold by
Mcmann Thomas M
Bought by
Mcmann Thomas M and Mcmann Rita M
Source: Public Records

Range of Values:

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Average Value
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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
Mjs Investment Group Llc -- None Listed On Document
Mcmann Thomas M -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $600,000 -4.0% $176 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $624,900 -- $183 / 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 $4,337 $270,730 -- --
2023 $3,612 $262,850 $0 $0
2022 $3,566 $255,200 $0 $0
2021 $3,411 $247,770 $0 $0
2020 $3,320 $247,770 $0 $0
2019 $3,180 $233,560 $0 $0
2018 $2,939 $226,760 $0 $0
2017 $2,542 $220,160 $0 $0
2016 $2,308 $202,780 $0 $0
2015 $2,497 $213,750 $0 $0
2014 $2,748 $207,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22187226

Regional Multiple Listing Service (RMLS)

APN: 1000398205