NOT LISTED FOR SALE

Estimated Value: $655,000 - $1,267,000

3 Beds
2 Baths
1,920 Sq Ft
$472/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $650,000 $339 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,219/month

3 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Traditional Architecture
  • 1-minute walk to Thiel Creek Holiday Beach

About This Home

As of May 2018

Oceanfront and income too. This perfect beach retreat has easy beach access, includes another oceanfront lot, and has great vacation rental income. So you get it all. 3bdrm, 2bath, bonus room, all with excellent ocean views. Comes fully furnished including a hot tub. Home sets above the flood plain so regular insurance is all that is needed.

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 03/08/2018

Last Buyer's Agent

Barbara Greenman

Greenman Properties License #900400097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1994

Lot Details

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • South Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111131DD-1704-/1702

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.31
  • Lot Size: Irregular
  • Lot Size Sq Ft: 13503.6
  • Road Surface Type: Paved
  • Subdivision Name: South Beach
  • Directions: HWY 101 south to 99th Street. This is not a marked street. It is located first access south of the units called Lawrence Sea Motel. Then head west.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1994
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.31
  • Location Tax and Other Information:Tax Lot: 704
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Lot Type:Irregular: Yes
  • Flooring:Tile2: Yes
  • Siding:Shingle2: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric Wall/Zone, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:No - Cooling: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111131DD-1704-/1702
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 5700.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 14, 2018
Sold by
Figenshu Richard W and Jenni Figenshu Linda
Bought by
Mann Michael and Mann Evelynn
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Barbara Greenman
Greenman Properties
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$906,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,561
Avg. Annual Appreciation
3.71%
Original Mortgage
$400,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2006
Sold by
American Dream Of So Beach Llc
Bought by
American Dream Of So Beach Llc

Purchase Details

Closed on
Mar 21, 2005
Sold by
Figenshu Richard W and Jenni Figenshu Linda K
Bought by
American Dream Of South Beach Llc
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
Mann Michael $614,000 Western Title & Escrow
Mann Michael $614,000 Western Title & Escrow
American Dream Of So Beach Llc -- None Available
American Dream Of So Beach Llc -- None Available
American Dream Of South Beach Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mann Michael $400,000
Previous Owner Figenshu Richard W $582,000
Closed Mann Michael $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $650,000 -3.7% $339 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $675,000 -- $352 / 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 $4,670 $347,300 -- --
2023 $4,583 $337,190 $0 $0
2022 $4,601 $327,370 $0 $0
2021 $4,239 $317,840 $0 $0
2020 $4,125 $308,590 $0 $0
2019 $3,988 $299,610 $0 $0
2018 $4,042 $301,390 $0 $0
2017 $4,138 $292,620 $0 $0
2016 $3,718 $281,280 $0 $0
2015 $3,158 $255,110 $0 $0
2014 $3,523 $284,100 $0 $0
2013 -- $278,910 $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: 18-572

APN: R446151