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  • $97,000

    1608 Ocean Blvd NW, Coos Bay, OR 97420

    2beds
    816sqft
    Residential, Single Family Residence
    Built in 1954
    8,276 Square Feet Lot
    $158,500 Zestimate®
    $119/sqft
    $1,488 Estimated rent

    Home value

    $158,500

    $116,000 - $212,000

    $1,488/mo

    Zestimate® history
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    What's special

    This commercially zoned lot in Coos Bay represents a unique opportunity for investors, developers, and business owners looking to establish a presence in a thriving community. With its strategic location, flexible zoning, and available utilities, the property is well-positioned to accommodate a variety of development projects. Whether you're looking to create a retail space, a modern office building, a mixed-use development, or rebuild the residence, this lot offers the potential to bring your vision to life in one of Oregon's most desirable coastal cities. Located off Ocean Blvd, this corner lot is in an area of mixed use, ensuring excellent visibility, opportunity, and accessibility. The lot is already connected to city utilities, simplifying the development process and reducing initial setup costs. The existing home structure on the property may possibly be renovated as a major fixer-upper project or completely torn down to make way for new construction, giving you the flexibility to choose the best approach for your project. Investing in this lot means tapping into a market with substantial growth potential. The city's ongoing developments and investments leads to an increase in property values over time, making this a sound investment for the future. Don't miss out on this exceptional opportunity to create something special in Coos Bay. Your next successful project starts here!

    Zillow last checked:

    Listing updated:

    Listed by:

    Samantha Oswald 541-252-0964,

    National Real Estate

    Bought with:

    Olivia Santos-Krieger, 201229045

    Pacific Properties

    Source: RMLS (OR),MLS#: 24161170MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Heating
    • Other
    Interior area
    • Total structure area: 816
    • Total interior livable area: 816 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Stories: 1
    • Has view: Yes
    • View description: City
    Lot
    • Size: 8,276 Square Feet
    • Features: Corner Lot, Level, SqFt 7000 to 9999
    Details
    • Parcel number: 348515
    • Zoning: C-2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Fixer
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Coos Bay

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $104,140
    • Annual tax amount: $1,160
    • Date on market: 6/17/2024
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Other
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/5/2024Sold$97,000-2%$119/sqft
    Source: RMLS (OR) #24161170 Report a problem
    8/3/2024Pending sale$99,000-54.2%$121/sqft
    Source: RMLS (OR) #24161170 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/21/2020Listing removed$216,000$265/sqft
    Source: Owner Report a problem
    2/21/2020Listed for sale$216,000+16.1%$265/sqft
    Source: Owner Report a problem
    7/13/2017Listing removed$980+11.4%$1/sqft
    Source: Owner Report a problem
    6/16/2017Listed for rent$880$1/sqft
    Source: Owner Report a problem
    11/3/2015Listing removed$186,000$228/sqft
    Source: Oregon Bay Properties, LLC. #15501573 Report a problem
    5/5/2015Listed for sale$186,000-17.3%$228/sqft
    Source: Oregon Bay Properties, LLC. #15501573 Report a problem
    10/6/2008Listing removed$225,000$276/sqft
    Source: Homes.com Report a problem
    6/11/2008Listed for sale$225,000$276/sqft
    Source: Homes.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,197 +3.1%$104,140 -34.9%
    2023$1,160 -40.2%$159,900 -20.9%
    2022$1,940 +2.7%$202,270 +15.7%
    2021$1,889 +2.9%$174,810 +13%
    2020$1,836 +4.2%$154,700 +53.3%
    2019$1,763 +3.6%$100,940 +3%
    2018$1,702 $98,000 +3%
    2017$1,702 +12.8%$95,150 +3%
    2016$1,509 +12.4%$92,380 +3%
    2015$1,342 $89,690 +3%
    2014$1,342 $87,080 +3%
    2013$1,342 +3%$84,550 +3%
    2012$1,303 +3.1%$82,090 +3%
    2011$1,263 +2.6%$79,700 +3%
    2010$1,232 $77,383
    2009-- $77,383 +6.1%
    2008-- $72,942 +3%
    2007-- $70,818 +3%
    2006-- $68,756 +3%
    2005-- $66,754 +3%
    2004-- $64,810 +3%
    2003-- $62,923 +3%
    2002-- $61,091
    2001-- $61,091
    Find assessor info on the county website

    Neighborhood: 97420

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Coos Bay
    • Middle: Coos Bay
    • High: Marshfield

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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