NOT LISTED FOR SALE

1134 SW 51st St Lincoln City, OR 97367

Estimated Value: $384,000 - $448,000

3 Beds
2 Baths
882 Sq Ft
$481/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $420,000 $476 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,429/month

2 Days on Market

Highlights

  • Bay View
  • No HOA
  • Covered Patio or Porch
  • Furnished
  • Cottage
  • 3-minute walk to Siletz Bay Park

About This Home

As of June 2023

It is all about location! This Cottage Cutie is located in the Taft Core Village. Being offered fully furnished and move in ready. Close to Mo's Restaurant and 51st beach access. Spend the summer night's enjoying the view of the Siletz Bay from the observation deck in the back yard then make your way to the fire pit and cozy up with your favorite beverage once the sun goes down. Let this be your full time home or your awesome beach get-a-way. You are sure to love the charm of this classic Taft Beach Cottage. Don't let the size fool you, with 3 bedrooms and 1.5 bathrooms there is plenty of space to spread out and relax. Also has a fenced back yard.

Last Agent to Sell the Property

Nadine Hankins

Realty One Group At the Beach, License #201007056 Listed on: 05/23/2023

Realty One Group At the Beach,

Co-Listed By

Dustin Hankins

Realty One Group At the Beach, License #201225441

Last Buyer's Agent

Heidi Rogers

At the Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1935

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned TVC - Taft Village Core

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Concrete Siding
  • Cedar Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Electric Fireplace
  • Window Treatments
  • Living Room
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Radiant Heating System
  • Baseboard Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5301
  • Assessor Parcel Number 071134AB-5301-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,548

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.6
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: From Hwy 101, West on SW 51st St, Home is on the left.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1935
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: Bay
  • General Property Description:_pound_ of Acres: 0.06
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5301
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Alternate Heat:Electric Fireplace: Yes
  • Siding:Cedar: Yes
  • Siding:T1-11: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Other, Vinyl, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071134AB-5301-00
  • Zoning: TVC - Taft Village Core

Tax Info

  • Tax Annual Amount: 1548.01
  • Tax Year: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Meyer Gregg S
Bought by
Gregg Meyer Living Trust and Meyer
Current Estimated Value
$424,224

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 8, 2023
Sold by
Alsobrook James R
Bought by
Meyer Gregg S
Seller's Agent
Nadine Hankins
Realty One Group At the Beach,
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$374,500
Sold Price
$420,000
Premium/Discount to List
$45,500
12.15%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%

Purchase Details

Listed on
Oct 8, 2019
Closed on
Nov 15, 2019
Sold by
Olson Craig R and Olson Janet C
Bought by
Alsobrook James R and Alsobrook Lynn E
Seller's Agent
Taj Richardson
Vacasa Real Estate LLC
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$250,000
Sold Price
$234,000
Premium/Discount to List
-$16,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.86%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Kendall Margery E
Bought by
Olson Craig R and Olson Janet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.73%
Mortgage Type
New Conventional
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
Gregg Meyer Living Trust -- None Listed On Document
Meyer Gregg S $420,000 Western Title
Alsobrook James R $234,000 Western Title & Escrow
Olson Craig R $150,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Craig R $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $420,000 +12.1% $476 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $374,500 +60.0% $425 / Sq Ft
11/19/2019 11/19/19 Sold $234,000 -6.4% $260 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $250,000 -- $278 / 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 $1,637 $96,040 -- --
2023 $1,592 $93,250 $0 $0
2022 $1,548 $90,540 $0 $0
2021 $1,475 $87,910 $0 $0
2020 $1,441 $85,350 $0 $0
2019 $1,392 $82,870 $0 $0
2018 $1,361 $80,460 $0 $0
2017 $1,302 $78,120 $0 $0
2016 $1,221 $75,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nadine Hankins

    Seller's Agent in 2023

    Nadine Hankins

    Realty One Group At the Beach,

    (503) 801-5755

    138 Total Sales

    Nadine Hankins
    Section Image
  • Dustin Hankins

    Seller Co-Listing Agent in 2023

    Dustin Hankins

    Realty One Group At the Beach,

    (541) 992-3614

    71 Total Sales

    Dustin Hankins
    Section Image

  • H

    Buyer's Agent in 2023

    Heidi Rogers

    At the Sea

  • T

    Seller's Agent in 2019

    Taj Richardson

    Vacasa Real Estate LLC

  • O

    Buyer's Agent in 2019

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 23-935

APN: R226796

Oregon Lincoln County Lincoln City 97367

1134 SW 51st St, Lincoln City, OR

This home is located at 1134 SW 51st St, Lincoln City, OR 97367 since 23 May 2023 and is currently estimated at $424,224, approximately $480 per square foot. This property was built in 1935. 1134 SW 51st St is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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