NOT LISTED FOR SALE

Estimated Value: $606,000 - $734,749

3 Beds
3 Baths
2,480 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2024

Last sale price $993,000 $400 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $3,888 / mo

66 Days on Market

Highlights

  • Property is near an ocean
  • Vaulted Ceiling
  • Furnished
  • Waterfront
  • Traditional Architecture
  • No HOA

About This Home

As of July 2024

Historic and thoughtfully renovated 1928 main home and secondary studio sits on .72 acres, boasting captivating ocean views, deeded beach access, and a serene river in the expansive backyard. Income potential with solid two-year rental history - seller offering fully furnished. Nestled steps away from Stonefield Beach State Park, this designer home and studio presents a compelling blend of historic charm and coastal beauty. Great opportunity for immediate rental income or the option to reside in one while renting the other. Other notable remarks include Mill Creek water rights, a brand new well and pump house, coveted Yachats address but in Lane County with fewer rental restrictions. Truly once in a lifetime opportunity! Main House:
Meticulously crafted with organic elements and a calming, minimalist color scheme, while also featuring elegantly hand-cut timber beams, original hardwood floors, expansive picture windows, terracotta sunroom, and a grand, hand-laid rock fireplace - the spacious, airy living area is a focal point of the home and great for entertaining. Extensive efforts have been made to preserve the historic character of this home while updating it with luxurious, modern conveniences for comfortable and beautiful contemporary living. All bedrooms have new California King memory foam mattresses and bed frames.
The well-appointed custom kitchen showcases soft-close hickory cabinetry, quartz countertops, a farmhouse sink, hand-made ceramic sconces and state-of-the-art appliances. Watch the rolling waves and sunsets while you cook or sip coffee. The downstairs is comprised of the main living spaces with open kitchen, dining room, bedroom (all boasting gorgeous ocean views), and a dual-vanity adjacent bathroom. The upstairs reveals a loft area and a tranquil primary suite with breathtaking ocean views, skylights, a large closet, and a walk-in shower ensuite. All bathrooms feature carrara marble floors, solid hickory wood vanities, quartz countertops, new toilets, and new fittings. An attached sunroom connects to the garage and basement with expansive windows and gorgeous terra cotta flooring. Notably, a new water system, new siding, new insulation, new hurricane-grade windows, and custom fitted shades have been recently installed for added comfort and peace of mind. Studio:
Above the cedar-lined garage is the 600 sqft studio apartment. Complete with bamboo floors, a custom kitchen, 2-in-1 washer/dryer, essential appliances, and a Carrara marble bathroom, it is perfect for family, friends, or additional income. This luxurious studio features an entire wall of picture frame windows, allowing for panoramic ocean views. This large studio complements the main residence and provides a private, yet connected retreat within the same picturesque property. Property:
Outside, a sprawling park-like yard offers ample space for recreation and gatherings, with vast grassy expanses and mature flowers/greenery, perfect for fun outdoor games, weddings and other gatherings. Bordering Mill Creek, which flows into the Pacific Ocean, a 460 sqft platform deck and covered pergola await, complete with a large 10' picnic table and comfortable chaise lounges for endless moments of relaxation with loved ones. Enjoy direct adjacent beach access to Stonefield Beach State Park, cherished by locals for its treasures like agates, jasper, and petrified wood. This idyllic beachfront retreat serves as a perfect base to explore the stunning offerings of Oregon's central coast, catering to individuals, couples, families, artists, or groups seeking serenity, beauty, and tranquility in a coastal setting. Shown by appointment only.

Last Agent to Sell the Property

Michael Kessinger

Equity Plus Real Estate License #201208522 Listed on: 03/28/2024

Last Buyer's Agent

Fallback agent

Fall Back Office

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1928

Lot Details

  • 31,363 Sq Ft Lot
  • Waterfront
  • Property fronts a highway
  • Property is zoned RR-2 Rural 2 acre

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near creek

Utilities

  • Wall Furnace
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0026037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 1928

Lot Details

0.72 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.72
  • Lot Size Sq Ft: 31363.2
  • Road Frontage Type: Highway
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Directions: South of Yachats directly across from Stonefield Beach State Park on the East side of Hwy 101.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1928
  • Road Frontage Type: Highway
  • Road Surface Type: Gravel, Paved
  • Water Body Type: Creek, Ocean
  • Water Body View: Yes
  • Construction Materials: Wood Siding
  • Levels: Two
  • Outdoor Living Spaces Features: Covered Patio, Patio
  • Water Heater: Electric
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Fireplace Features: Wood Burning
  • Interior: Basement YN: Yes
  • Interior: Fireplace YN: Yes
  • Room Types: Bedroom 2 Level: First
  • Room Types: Primary Bedroom Level: First
  • Interior Features: Vaulted Ceiling(s)

Exterior Features

  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Garage
  • Parking Features: Attached Garage

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Heating: Electric, Wall Furnace

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0026037
  • Zoning: RR-2 Rural 2 acre

Tax Info

  • Tax Annual Amount: 2038.0
  • Tax Lot: 02000
  • Tax Map Number: 15122740
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 27, 2024
Sold by
Bought by
Seller's Agent
Michael Kessinger
Equity Plus Real Estate
Buyer's Agent
Fallback agent
Fall Back Office
List Price
$990,000
Sold Price
$993,000
Premium/Discount to List
$3,000
0.3%
Views
181
Current Estimated Value
$671,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$321,813
Avg. Annual Appreciation
-17.24%
Original Mortgage
$744,750
Outstanding Balance
$728,895
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$57,708

Purchase Details

Closed on
Mar 25, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$993,000 Western Title
$250,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $744,750
Previous Owner $599,000
Previous Owner $187,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $993,000 +1.4% $400 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $979,000 -1.1% $395 / Sq Ft
03/28/2024 03/28/24 For Sale $990,000 -- $399 / Sq Ft
Source: Oregon Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,468 $273,867
2024 $2,092 $229,904
2023 $2,092 $223,208 $0 $0
2022 $1,940 $216,707 $0 $0
2021 $1,894 $210,396 $0 $0
2020 $1,663 $204,268 $0 $0
2019 $1,594 $198,319 $0 $0
2018 $1,564 $186,935 $0 $0
2017 $1,488 $186,935 $0 $0
2016 $1,448 $181,490 $0 $0
2015 $1,435 $176,204 $0 $0
2014 $1,414 $171,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-100617

Oregon Coast Multiple Listing Service

APN: 0026037

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