NOT LISTED FOR SALE

1140 SE Oar Ave Lincoln City, OR 97367

7 Beds
5 Baths
29,799 Sq Ft
0.43 Acres

Last Sold February 07, 2019

Last sale price $7,525,000 $253 Per Sq Ft

203 Days on Market

About This Home

As of February 2019

New construction completed in 2016!  Complex features washer / dryer hookups, granite countertops, open interior layouts and plentiful parking.  A mix of 2 and 3 bed units.  Located just blocks from Highway 101, the beach and the Outlet Mall.  Located in a growing market with rent upside.Please do not disturb the residents.  Contact the Listing Broker for additional information.

Last Agent to Sell the Property

Gabe Johansen

SMI Commercial Real Estate LLC License #201202003 Listed on: 07/19/2018

SMI Commercial Real Estate LLC

Last Buyer's Agent

Gabe Johansen

SMI Commercial Real Estate LLC License #201202003 Listed on: 07/19/2018

SMI Commercial Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 0.43

Parking

  • 84

Interior Spaces

  • 3-Story Property

Community Details

  • 56 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Parking

84

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 29799
  • Stories: 3
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TWNSHP 07, RNG 11, ACRES 0.43, DOC201607730

Exterior Features

  • Lot Size: 1 to 2.99 Acres

Garage/Parking

  • Garage Or Parking Spaces: 84

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Lot Info

  • Zoning: RM

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 19972.45
  • Assessor Parcel Number: R380851
  • Assessor Parcel Number 2: R257450
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 56
  • Gross Rent Multiplier: 11.44

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2019 02/07/19 Sold $7,525,000 -4.1% $253 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
07/19/2018 07/19/18 For Sale $7,850,000 -- $263 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gabe Johansen

    Seller's Agent in 2019

    Gabe Johansen

    SMI Commercial Real Estate LLC

    (503) 851-0048

    71 Total Sales

    Gabe Johansen
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18040287

Regional Multiple Listing Service (RMLS)

APN: 07-11-14-CC-02800-00

Oregon Lincoln County Lincoln City 97367

1140 SE Oar Ave, Lincoln City, OR

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes