NOT LISTED FOR SALE

1093 NW 8th St 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 $4,424/month

153 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of December 2018

3 ocean front lots plus a vacated street with amazing panoramic views. If you are looking for charming this home has the rock fireplace with agates, walls of windows and comes furnished in a cottage motif bright and sunny and private. Nearby beach access on 7th CT has stairs and there is a steep beach trail on this property. Within a few blocks of restaurants, live entertainment, shopping and state parks this centrally located cottage has it all and comes turn key with furniture, games and dishes so you just need to bring your smile for vacation fun. Built on a solid foundation and rebuilt in 2013 this has the nostalgia of a 1940's home with good maintenance and solid engineering. This home is perfect for the person who wants privacy and ocean front or the developer wants 3 lots. Native plants surround this home for a great low maintenance yard. The large deck is ideal for Bar-B-Q and watching he sunset on a sunny day. Every inch of the home has been used to the max and it is used as a 3 bedroom home but the closet for the small bedroom is in the laundry room. Both other bedrooms have good ocean views. Loads of storage in the basement gives you space for a playroom or a shop. Clean and turn key. This home is very easy to show

Last Agent to Sell the Property

MerryAnn Blanchard

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

Last Buyer's Agent

MerryAnn Blanchard

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,627

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Ocean Front
  • Property is zoned R-M Residential, Multifamily

Property Views

  • Ocean
  • Valley

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • T111 Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Family Room
  • Living Room
  • Utility Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Electricity Available at Street
  • Deck

Utilities

  • Forced Air Heating System
  • Gas Available at Street
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Delake Subdivision

Listing and Financial Details

  • Tax Lot 9&10
  • Assessor Parcel Number R84667-R87023-R89395

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,627

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.26
  • Lot Size: See Plat
  • Lot Size Sq Ft: 11325.6
  • Road Surface Type: Gravel
  • Inclusions: furnishings plus
  • Subdivision Name: Delake
  • Directions: Hwy 101 to either 6th or 11th. Go west to Inlet and turn West on 8th Ct and proceed to end of the road.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1930
  • 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: Valley
  • General Property Description:_pound_ of Acres: 0.26
  • Location Tax and Other Information:Tax Lot: 7005701
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: See Plat
  • Location Tax and Other Information:Subdv ParcelLot: 9&10
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Gas
  • Foundation:Block2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Siding:T1-11: Yes
  • Foundation:PillarPostPier: Yes
  • Utilities:Sewer2: City
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Miscellaneous Possession: coe
  • External Features:Roof: Composition
  • External Features:Siding: Shake
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck
  • External Features:Street Surface: Dirt
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Composition, Other
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: At Street
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: R84667-R87023-R89395
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 7627.0
  • Tax Year: 2017

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 Company
Buyer's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Company
List Price
$60,000
Sold Price
$500,000
Premium/Discount to List
$440,000
733.33%
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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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 +733.3% $353 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $60,000 -- $42 / 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 $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

  • M

    Seller's Agent in 2018

    MerryAnn Blanchard

    Taylor & Taylor Realty Company

    (541) 994-4174

    55 Total Sales

    MerryAnn Blanchard
    Section Image
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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 18-1385

APN: R84667

Oregon Lincoln County Lincoln City 97367

1093 NW 8th St, Lincoln City, OR

This home is located at 1093 NW 8th St, Lincoln City, OR 97367 since 25 May 2018 and is currently estimated at $719,452, approximately $508 per square foot. This property was built in 1930. 1093 NW 8th St is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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