Real Estate Roulette
Posted: Mon Apr 17, 2006 4:56 pm
As several people have asked how the search for a new home is going, here's some additional info on that front.
Mostly, nothing is happening, other than I watch the adverts like a hawk and a couple of the less lazy realtors are sending me some listings to look at. Most of these I can write off without seeing them in person. Properties in incorporated areas, adjacent to highways, too small of lots, subdivisions, gated communities and stuff just too far out of my price range.
Here's some copy-and-paste from emails to friends in Waldport who are helping me look:
(The MLS numbers can be looked up on this web site, just enter the 7 digit number and you can view photos, maps, prices, etc.)
+++++++++++++++
April 8, 2006:
Spent all day Wednesday looking around Florence south of the river. Drove all the way to the east shore of Siltcoos Lake, it's big! Tiny roads and even tinier towns. Ada Crossing, anyone? At one point, the road goes through the yard of a house on the lake, like two feet from the side of the house and between it and the garage! Nothing really for sale, but a nice drive. Makes me want lakefront property.
Found one place for sale on Canary Road I didn't know about. 12 acres, a septic in need of replacement, spring water, outbuildings and a horse arena, no house. $585k. Yeah, right.
Cleawox Lake was a bust. The neighborhood was crowded and dumpy, and you'd have to love two-stroke engines with expansion chamber exhaust to live there.
Stopped into office to see if Dan (realtor) was in to ask him about the $585 property (didn't know the price at that point). He was out so I talked to Janellen (realtor), a pleasant young woman who owns 20 horses (about 19 too many). Gave her my interests and let her know that I wasn't too impressed with the service that the brokerage had provided so far. She said that Dan and the other established agents didn't bother much with properties less than $500k anymore, and that she would work for me to find something. I've actually gotten a few listings from her, so maybe I've finally found someone hungry enough to want my money.
Drove around Mercer lake before heading back to the big smoke. Too tired, you know the rest.
Need to make some phone calls. I know someone who has 40 acres on the north shore of Siltcoos that were subdivided but Lane County wouldn't let him do anything with them. Apparently measure 37 now allows him to sell and develop them. Might be something in it for me...
More later (assuming that I don't burn out my brain driving).
+++++++++++++++
April 13, 2006:
Trip to Florence yesterday. Here's a copy-and-paste from a message to Janellen (realtor), who seems to be on-the-job at looking for a place for me.
MLS 6915824 / TL614 North Fork RD
5 acres, river view, bare land
Great view of the river from this site, but not a lot of level ground, and basically zero privacy from the large house overlooking the lot. Would be a stunning place for a big house backed into the hill facing the view.
MLS 6916664 / TL302 Dahlin RD
6 acres, lake view, bare land
OMG!!! Million dollar views! Three-hundred-and-sixty-degrees of eye candy from Enchanted Valley all the way to the ocean. Pity the rest of the place is such a dump. This property begs for an owner who will build a showpiece home on the top of the ridge that can take advantage of all that view, then completely landscape and restore the tortured soil. As it stands now, the homesite and immediate area is a scarified clear cut that's been attacked by a bulldozer and left to scab over. I need a place that's a little more sheltering than a wind-swept ridge top and more nurturing with some trees and comfortable privacy. After viewing the County tax maps, I wouldn't mind going back and seeing what the arm that connects to the lake looks like.
Otherwise, I drove all around the north shore of Mercer Lake and the Sutton and Buck Lake areas. Oh, and I repaired the transmitter at the radio station while I was in town. I'll probably be back next week to have a look around the Tahkenitch area. 16 days until I close.
+++++++++++++++
April 15, 2006
Thursday I talked with Jim, a communications guy whom I've known for years. He has 40+ acres on Siltcoos Lake that he bought in the 1970's. The whole story is too long to relate, but he divided it up into lots, then the county screwed with him on zoning and the state stepped in and downzoned the area. Now he's using measure 37 to fight back in court.
The 5 acre parcels have water and electricity, but are very steep and only suitable for daylight basement construction. They also have CC&R's and Jim says "there's no way to move onto one of the them in a Housebus". He understands my lifestyle. There's a 14 acre parcel to the south that has no use restrictions, but he can't sell that one until his appeal comes out the other end of the court system.
I asked him if he knew of any places of any sort that I could rent/lease while I looked for property to buy and he told me that he does have one lot at the end of the road with power and water that I could squat down on for a time. I asked about pasture and he said we'd have to go talk to his neighbor who has something like 100 acres on the peninsula jutting out into the lake. Jim says there is pasture on his property and even an old cabin. Maybe I can rent that?
I'll be going back over Wednesday to meet up with Jim (he also has a house on the shore of the lake below the properties) and do a tour of the lots. Nothing may come of this, but it's more feelers and leads out there, more chances of the word going into the right ear.
I haven't given up on Yachats/Waldport, it's just that I've had little one-day openings to go to Florence, and I've had some work for the radio station there, so it made sense to check out the area. I've also finally gotten the suspension/wheels/tires issues with my car sorted out (well, almost, I need to buy new tires), so I at least can drive over there without feeling like the left front wheel is going to fall off. The repairs to the steering column have made the horrible clunking that I experienced on gravel roads disappear, so I can better explore the back roads.
===============================================
I got interrupted before I had a chance to send this yesterday morning. Just before noon, I got a call from Dale (realtor) in Florence, Jim gave him my name. We talked for a while and I told him what I was looking for, area, etc. In the afternoon, he sent me 14 listings to look at. I had seen them all, which includes some that I've sent you reviews and listings of. I mailed him back with a critique of each property, complete with my reviews of the ones I'd seen. His response was to send another 13 listings. Wow, a real estate agent who actually tries to sell properties! I'll be staying in close contact with this guy! He also brought up capital gains, and asked what I was going to do to avoid them. Turns out he has an associate who is one of the leading experts in CG law, and he's going to ask about my specific situation. Could be good on more than one front.
I have to go to Florence tomorrow (Monday), as the radio station got hit by lightning again. I was also planning on being over there Wednesday, so I may have a lot of opportunity to cruise and peruse. I'll let you now what/if I find anything interesting.
+++++++++++++++
April 15, 2006
Reviews of listings sent to me by Dale:
MLS 6916462 / 89581 HWY 101
House, yard, shop building
I was actually pretty excited about this listing when it was first brought to my attention by my Portland realtor (the one who sold my Eugene property). Then I found out that it was adjacent to Highway 101, and that killed the deal right there. I won't consider any property that has continuous traffic noise, which leaves out anything within earshot of 101, 126, etc. My major dissatisfaction with my Eugene property is/was traffic noise. I have ~very~ sensitive hearing.
MLS 6021191 / 5455 Sunny Acres Rd.
3BR premanufactured home on 5 acres
The owner of the radio station just bought the 33 acres that surround this property. I will be involved in the development of a new broadcast transmitting facility on the acreage. This property suffers from the traffic noise problem in a big way (for me, anyway).
MLS 6021209 / 88893 TWIN LAKES CT,
MLS 6916660 / 88452 COLLARD LAKE RD,
MLS 6018642 / 5270 FISK ST,
MLS 6916674 / 85380 GLENADA RD
These don't meet my minimum lot size. I might be willing to look at the Glenada property, if only to see what $300k buys.
MLS 6916650 / 6895 Canary RD
"Horse Property", house, shop, barn, 5 acres
I did a drive-by on this property on April 5th. My impression from the street was that it was crowded onto a hillside with several other residences and that privacy was going to be an issue. If you are familiar with this property and tell me that I need to take a closer look, I'm open to a tour.
MLS 6916456 / 85315 Hemlock ST
Lot size too small, a bit too grand of a house for my purposes.
MLS 6915650 / 4884 N Loftus
Another property that I had very high hopes for. The neighborhood is a bit dumpy (who am I to talk), but the stake through the heart was hearing all of the two-stroke dirt bikes and ATV's on the dune at Honeyman. Traffic noise of a different sort, I've written Cleawox Lake off the list.
MLS 6916771 / 87282 Hadsall Creek RD
MLS 6916501 / 8361 DUNCAN ISLAND RD
Mapelton is "out of the zone" (2-6 miles inland)
MLS 6916615 / 16092 Hwy 36
Deadwood is out of the zone, and you have to like the sound of helicopters buzzing you all summer looking for pot farms.
MLS 6916655 /11525 E Mapleton Rd
Out of the zone. Didn't I see a canoe tied to the stairs of this place when I came over right after New Years?
MLS 6916676 / 9540 North Fork
I did a drive-by of this property April 5th. My SOP impression from the road was that it was a bit far from town, perhaps kind of dark in the winter, and probably had a too small flat area for the homesite. The plat map seems to indicate that half of the property is very steep (north side of road). There is a bit too much house, and the price is a bit over my head. I would tour this house to get a better impression, but I'd not get my own hopes up about it. Have you actually seen this property?
+++++++++++++++
So, you can see that I've been putting some time into finding a place, but it seems the proper place hasn't come up yet. Got to keep looking. 13 days remaining.
Mostly, nothing is happening, other than I watch the adverts like a hawk and a couple of the less lazy realtors are sending me some listings to look at. Most of these I can write off without seeing them in person. Properties in incorporated areas, adjacent to highways, too small of lots, subdivisions, gated communities and stuff just too far out of my price range.
Here's some copy-and-paste from emails to friends in Waldport who are helping me look:
(The MLS numbers can be looked up on this web site, just enter the 7 digit number and you can view photos, maps, prices, etc.)
+++++++++++++++
April 8, 2006:
Spent all day Wednesday looking around Florence south of the river. Drove all the way to the east shore of Siltcoos Lake, it's big! Tiny roads and even tinier towns. Ada Crossing, anyone? At one point, the road goes through the yard of a house on the lake, like two feet from the side of the house and between it and the garage! Nothing really for sale, but a nice drive. Makes me want lakefront property.
Found one place for sale on Canary Road I didn't know about. 12 acres, a septic in need of replacement, spring water, outbuildings and a horse arena, no house. $585k. Yeah, right.
Cleawox Lake was a bust. The neighborhood was crowded and dumpy, and you'd have to love two-stroke engines with expansion chamber exhaust to live there.
Stopped into office to see if Dan (realtor) was in to ask him about the $585 property (didn't know the price at that point). He was out so I talked to Janellen (realtor), a pleasant young woman who owns 20 horses (about 19 too many). Gave her my interests and let her know that I wasn't too impressed with the service that the brokerage had provided so far. She said that Dan and the other established agents didn't bother much with properties less than $500k anymore, and that she would work for me to find something. I've actually gotten a few listings from her, so maybe I've finally found someone hungry enough to want my money.
Drove around Mercer lake before heading back to the big smoke. Too tired, you know the rest.
Need to make some phone calls. I know someone who has 40 acres on the north shore of Siltcoos that were subdivided but Lane County wouldn't let him do anything with them. Apparently measure 37 now allows him to sell and develop them. Might be something in it for me...
More later (assuming that I don't burn out my brain driving).
+++++++++++++++
April 13, 2006:
Trip to Florence yesterday. Here's a copy-and-paste from a message to Janellen (realtor), who seems to be on-the-job at looking for a place for me.
MLS 6915824 / TL614 North Fork RD
5 acres, river view, bare land
Great view of the river from this site, but not a lot of level ground, and basically zero privacy from the large house overlooking the lot. Would be a stunning place for a big house backed into the hill facing the view.
MLS 6916664 / TL302 Dahlin RD
6 acres, lake view, bare land
OMG!!! Million dollar views! Three-hundred-and-sixty-degrees of eye candy from Enchanted Valley all the way to the ocean. Pity the rest of the place is such a dump. This property begs for an owner who will build a showpiece home on the top of the ridge that can take advantage of all that view, then completely landscape and restore the tortured soil. As it stands now, the homesite and immediate area is a scarified clear cut that's been attacked by a bulldozer and left to scab over. I need a place that's a little more sheltering than a wind-swept ridge top and more nurturing with some trees and comfortable privacy. After viewing the County tax maps, I wouldn't mind going back and seeing what the arm that connects to the lake looks like.
Otherwise, I drove all around the north shore of Mercer Lake and the Sutton and Buck Lake areas. Oh, and I repaired the transmitter at the radio station while I was in town. I'll probably be back next week to have a look around the Tahkenitch area. 16 days until I close.
+++++++++++++++
April 15, 2006
Thursday I talked with Jim, a communications guy whom I've known for years. He has 40+ acres on Siltcoos Lake that he bought in the 1970's. The whole story is too long to relate, but he divided it up into lots, then the county screwed with him on zoning and the state stepped in and downzoned the area. Now he's using measure 37 to fight back in court.
The 5 acre parcels have water and electricity, but are very steep and only suitable for daylight basement construction. They also have CC&R's and Jim says "there's no way to move onto one of the them in a Housebus". He understands my lifestyle. There's a 14 acre parcel to the south that has no use restrictions, but he can't sell that one until his appeal comes out the other end of the court system.
I asked him if he knew of any places of any sort that I could rent/lease while I looked for property to buy and he told me that he does have one lot at the end of the road with power and water that I could squat down on for a time. I asked about pasture and he said we'd have to go talk to his neighbor who has something like 100 acres on the peninsula jutting out into the lake. Jim says there is pasture on his property and even an old cabin. Maybe I can rent that?
I'll be going back over Wednesday to meet up with Jim (he also has a house on the shore of the lake below the properties) and do a tour of the lots. Nothing may come of this, but it's more feelers and leads out there, more chances of the word going into the right ear.
I haven't given up on Yachats/Waldport, it's just that I've had little one-day openings to go to Florence, and I've had some work for the radio station there, so it made sense to check out the area. I've also finally gotten the suspension/wheels/tires issues with my car sorted out (well, almost, I need to buy new tires), so I at least can drive over there without feeling like the left front wheel is going to fall off. The repairs to the steering column have made the horrible clunking that I experienced on gravel roads disappear, so I can better explore the back roads.
===============================================
I got interrupted before I had a chance to send this yesterday morning. Just before noon, I got a call from Dale (realtor) in Florence, Jim gave him my name. We talked for a while and I told him what I was looking for, area, etc. In the afternoon, he sent me 14 listings to look at. I had seen them all, which includes some that I've sent you reviews and listings of. I mailed him back with a critique of each property, complete with my reviews of the ones I'd seen. His response was to send another 13 listings. Wow, a real estate agent who actually tries to sell properties! I'll be staying in close contact with this guy! He also brought up capital gains, and asked what I was going to do to avoid them. Turns out he has an associate who is one of the leading experts in CG law, and he's going to ask about my specific situation. Could be good on more than one front.
I have to go to Florence tomorrow (Monday), as the radio station got hit by lightning again. I was also planning on being over there Wednesday, so I may have a lot of opportunity to cruise and peruse. I'll let you now what/if I find anything interesting.
+++++++++++++++
April 15, 2006
Reviews of listings sent to me by Dale:
MLS 6916462 / 89581 HWY 101
House, yard, shop building
I was actually pretty excited about this listing when it was first brought to my attention by my Portland realtor (the one who sold my Eugene property). Then I found out that it was adjacent to Highway 101, and that killed the deal right there. I won't consider any property that has continuous traffic noise, which leaves out anything within earshot of 101, 126, etc. My major dissatisfaction with my Eugene property is/was traffic noise. I have ~very~ sensitive hearing.
MLS 6021191 / 5455 Sunny Acres Rd.
3BR premanufactured home on 5 acres
The owner of the radio station just bought the 33 acres that surround this property. I will be involved in the development of a new broadcast transmitting facility on the acreage. This property suffers from the traffic noise problem in a big way (for me, anyway).
MLS 6021209 / 88893 TWIN LAKES CT,
MLS 6916660 / 88452 COLLARD LAKE RD,
MLS 6018642 / 5270 FISK ST,
MLS 6916674 / 85380 GLENADA RD
These don't meet my minimum lot size. I might be willing to look at the Glenada property, if only to see what $300k buys.
MLS 6916650 / 6895 Canary RD
"Horse Property", house, shop, barn, 5 acres
I did a drive-by on this property on April 5th. My impression from the street was that it was crowded onto a hillside with several other residences and that privacy was going to be an issue. If you are familiar with this property and tell me that I need to take a closer look, I'm open to a tour.
MLS 6916456 / 85315 Hemlock ST
Lot size too small, a bit too grand of a house for my purposes.
MLS 6915650 / 4884 N Loftus
Another property that I had very high hopes for. The neighborhood is a bit dumpy (who am I to talk), but the stake through the heart was hearing all of the two-stroke dirt bikes and ATV's on the dune at Honeyman. Traffic noise of a different sort, I've written Cleawox Lake off the list.
MLS 6916771 / 87282 Hadsall Creek RD
MLS 6916501 / 8361 DUNCAN ISLAND RD
Mapelton is "out of the zone" (2-6 miles inland)
MLS 6916615 / 16092 Hwy 36
Deadwood is out of the zone, and you have to like the sound of helicopters buzzing you all summer looking for pot farms.
MLS 6916655 /11525 E Mapleton Rd
Out of the zone. Didn't I see a canoe tied to the stairs of this place when I came over right after New Years?
MLS 6916676 / 9540 North Fork
I did a drive-by of this property April 5th. My SOP impression from the road was that it was a bit far from town, perhaps kind of dark in the winter, and probably had a too small flat area for the homesite. The plat map seems to indicate that half of the property is very steep (north side of road). There is a bit too much house, and the price is a bit over my head. I would tour this house to get a better impression, but I'd not get my own hopes up about it. Have you actually seen this property?
+++++++++++++++
So, you can see that I've been putting some time into finding a place, but it seems the proper place hasn't come up yet. Got to keep looking. 13 days remaining.