NOT LISTED FOR SALE

1093 NW 8th Ct Lincoln City, OR 97367

Estimated Value: $512,000 - $841,000

2 Beds
2 Baths
1,416 Sq Ft
$508/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $500,000 $353 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,417/month

153 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Bluff on Lot
  • Vaulted Ceiling
  • Quartz Countertops

About This Home

As of December 2018

Turn Key ready, Furnished home with 2 additional oceanfront lots and a vacated st. Nearby beach access on 7th Ct. Centrally located within blocks of shopping restaurants and state parks this beautiful home is well built. This is the quintessential cottage of the 40's rebuilt to enhance the beauty and solid foundation. Newer appliances and fixtures mix well with the 1940's fireplace. 3

Last Agent to Sell the Property

MerryAnn Blanchard

Taylor & Taylor Realty Co. License #920800244 Listed on: 05/25/2018

Last Buyer's Agent

MerryAnn Blanchard

Taylor & Taylor Realty Co. License #920800244 Listed on: 05/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,637

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Bluff on Lot
  • Private Yard
  • Property is zoned RM

Parking

  • Driveway

Property Views

  • Ocean
  • Valley

Home Design

  • Cottage
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Shake Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck

Schools

  • Oceanlake Elementary School
  • Taft Middle School
  • Taft High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R84667

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,637

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1930
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CentralVacuum, Furnished, Laundry, VaultedCeiling, WasherDryer
  • Room 4 Description: Storage
  • Room 4 Level: Lower
  • Basement: FullBasement, PartiallyFinished
  • Appliances: Dishwasher, FreeStandingRefrigerator, Island, Microwave, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,ShakeSiding,T111Siding
  • Exterior Features: Deck, GasHookup, PrivateRoad, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Bluff
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean,Valley

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: RM
  • Lot Size: 3 lots
  • Parcel #: R84667
  • Assessor Parcel Number 2: R87023
  • Assessor Parcel Number 3: R89395

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 7637.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Nov 29, 2018
Sold by
Teeter Jayanne and Teeter Gary
Bought by
Corzine Lisa
Seller's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Co.
Buyer's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Co.
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%
Current Estimated Value
$719,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,452
Avg. Annual Appreciation
5.85%
Original Mortgage
$450,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Corzine Lisa $500,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corzine Lisa $456,000
Closed Corzine Lisa $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $500,000 -16.7% $353 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $600,000 -- $424 / Sq Ft
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 $6,052 $355,010 -- --
2023 $5,885 $344,670 $0 $0
2022 $5,722 $334,640 $0 $0
2021 $5,450 $324,900 $0 $0
2020 $5,325 $315,440 $0 $0
2019 $5,144 $306,260 $0 $0
2018 $5,028 $297,340 $0 $0
2017 $4,812 $288,680 $0 $0
2016 $4,513 $280,280 $0 $0
2015 $4,412 $272,120 $0 $0
2014 $4,300 $264,200 $0 $0
2013 -- $256,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18675921

Regional Multiple Listing Service (RMLS)

APN: R84667