NOT LISTED FOR SALE

0 SW Coral Ave Unit 23275966 Lincolncity, OR 97367

Estimated Value: $288,000

0.13 Acre
$2,215,385 Price per Acre
5,662 Sq Ft Lot

Last Sold August 15, 2023

Last sale price $425,000

Est. 32% decrease in value since last sale

Current estimated payment $1,776/month

169 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Resident Manager or Management On Site

About This Lot

As of August 2023

Price improvement on one of the last buildable Ocean View lots within Olivia Beach! Olivia Beach is a lovely community with many amenities; ocean access, oyster shell walking paths and common spaces such as parks with sand volleyball, firepits, a pool, and a fitness suite. A wonderful place to make memories and a great investment opportunity with Vacation Rental (VRD) zoning. House plans are a concept design by designer of Olivia Beach Homes. To learn more about Olivia Beach visit, https://www.oliviabeach.com/

Last Agent to Sell the Property

Stella Schaefer

eXp Realty LLC License #201241476 Listed on: 01/11/2023

eXp Realty LLC

Last Buyer's Agent

Mike Howe

Knipe Realty ERA Powered License #200501207

Knipe Realty ERA Powered

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $517

Lot Details

  • 5,662 Sq Ft Lot
  • Waterfront
  • Property is zoned VRD

HOA Fees

  • $162 Monthly HOA Fees

Property Views

  • Ocean Views

Schools

  • Taft Elementary And Middle School
  • Taft High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R531318

Community Details

Overview

  • Olivia Beach Subdivision

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$517

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: ResidentialRecreational
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Water Body Name: Ocean View
  • Waterfront Features: Other
  • Disclosures: Exempt
  • View: Ocean

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association Amenities: Commons, Management, Pool, RecreationFacilities, WeightRoom
  • Association Fee: 485.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Taft
  • High School: Taft
  • Middle Or Junior School: Taft

Lot Info

  • Zoning: VRD
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.0
  • Parcel #: R531318

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 516.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Aug 10, 2023
Sold by
Paul Durr Lyon Trust and Melanie Brown Lyon Trust
Bought by
Hagel Michael P and Hagel Shawn
Seller's Agent
Stella Schaefer
eXp Realty LLC
Buyer's Agent
Mike Howe
Knipe Realty ERA Powered
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Views
228
Current Estimated Value
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,000
Avg. Annual Appreciation
-19.62%

Purchase Details

Closed on
Jan 18, 2019
Sold by
Brown Richard A
Bought by
Lyon Paul D

Purchase Details

Closed on
Sep 13, 2017
Sold by
Olivia Beach Llc
Bought by
Lyon Paul D and Brown Richard A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hagel Michael P $425,000 Lawyers Title
Lyon Paul D -- None Available
Lyon Paul D $225,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagel Michael P $718,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $425,000 -5.6% --
06/30/2023 06/30/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $450,000 -5.3% --
04/17/2023 04/17/23 Price Changed $475,000 0.0% --
04/17/2023 04/17/23 For Sale $475,000 +11.8% --
03/02/2023 03/02/23 Off Market $425,000 -- --
01/11/2023 01/11/23 For Sale $500,000 -- --
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 $574 $33,650 $33,650 --
2023 $558 $32,670 $0 $0
2022 $542 $31,720 $0 $0
2021 $517 $30,800 $0 $0
2020 $505 $29,910 $0 $0
2019 $488 $29,040 $0 $0
2018 $477 $28,200 $0 $0
2017 $456 $27,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23275966

Regional Multiple Listing Service (RMLS)

APN: 07-11-22-CA-16800-00