NOT LISTED FOR SALE

120 Lorraine St Lincoln Beach, OR 97388

Lincoln Beach Neighborhood

Estimated Value: $360,000 - $424,000

2 Beds
3 Baths
1,050 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $345,000 $329 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,370/month

194 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling Available
  • Traditional Architecture
  • 1 Car Attached Garage
  • Living Room

About This Home

As of February 2023

One level living in this sought after Gleneden Beach neighborhood! 2 bedrooms 2.5 baths, oversized single car garage, private fenced yard with huge deck, shed and covered firewood storage. Newer siding, paint, chimney, fireplace insert. Fireplace surround is ready for your cosmetic touches to make it your own!
Near State Park & Beach Access.

Last Agent to Sell the Property

Tamara Zimmerman

At the Beach Real Estate License #961000002 Listed on: 01/31/2023

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1958

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Heating Available
  • Furnace
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Gleneden Beach Subdivision

Listing and Financial Details

  • Tax Lot Ptn Of
  • Assessor Parcel Number 081116DB-7101-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Subdivision Name: Gleneden Beach
  • Directions: Hwy 101 to Gleneden Beach, west on Wesler South on Rhododendron to Lorraine to address
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1958
  • 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: None
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 7101
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Furnished: No
  • Location Tax and Other Information:Subdv ParcelLot: Ptn Of
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Siding:Concrete Composite: Yes
  • Foundation:Combination: Yes
  • Alternate Heat:Fireplace Insert: Yes
  • HeatingCooling:Gas Wall Furnace: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Combination
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric, Fireplace Insert
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 081116DB-7101-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1875.51
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Stewart Philip
Bought by
Stewart Philip Lee and Stewart Beverly Abb
Current Estimated Value
$399,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$315,510
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$84,246

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 14, 2023
Sold by
White-Walker Kim I
Bought by
Stewart Philip
Seller's Agent
Tamara Zimmerman
At the Beach Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$445,000
Sold Price
$345,000
Premium/Discount to List
-$100,000
-22.47%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Listed on
Jul 2, 2017
Closed on
Aug 17, 2017
Sold by
Burklund Norbert M and Burklund Kathleen M
Bought by
White Walker Kim I
Seller's Agent
Sandra Lamb
John L Scott Lincoln City
Buyer's Agent
Tammy Zimmerman
Taylor & Taylor Realty Company
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Listed on
Jul 24, 2014
Closed on
Oct 28, 2014
Sold by
Mccowen George S and Mccowen Gail E
Bought by
Burklund Norbert M and Burklund Kathleen M
Seller's Agent
Judy Pluard
Windermere Distinctive Coastal Properties
Buyer's Agent
Sandra Lamb
John L Scott Lincoln City
List Price
$160,000
Sold Price
$153,000
Premium/Discount to List
-$7,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$156,122
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Stewart Philip Lee -- Western Title
Stewart Philip $345,000 Western Title
White Walker Kim I $197,000 Western Title & Escrow
Burklund Norbert M $153,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Philip Lee $322,500
Previous Owner Burklund Norbert M $156,122
Previous Owner Mccowen George S $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $345,000 -22.5% $329 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
07/20/2022 07/20/22 For Sale $445,000 +125.9% $424 / Sq Ft
08/18/2017 08/18/17 Sold $197,000 -1.0% $188 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $199,000 +30.1% $190 / Sq Ft
10/30/2014 10/30/14 Sold $153,000 -4.4% $146 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $160,000 -- $152 / 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 $2,168 $155,110 -- --
2023 $1,985 $150,600 $0 $0
2022 $1,924 $146,220 $0 $0
2021 $1,876 $141,970 $0 $0
2020 $1,852 $137,840 $0 $0
2019 $1,717 $133,830 $0 $0
2018 $1,685 $129,940 $0 $0
2017 $1,634 $126,160 $0 $0
2016 $1,589 $122,490 $0 $0
2015 $1,545 $118,930 $0 $0
2014 $1,422 $115,470 $0 $0
2013 -- $112,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tamara Zimmerman

    At the Beach Real Estate

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

  • S

    Seller's Agent in 2017

    Sandra Lamb

    John L Scott Lincoln City

  • Tammy Zimmerman

    Buyer's Agent in 2017

    Tammy Zimmerman

    Taylor & Taylor Realty Company

    (541) 994-1156

    4 in this area

    35 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    Judy Pluard

    Windermere Distinctive Coastal Properties

See All Agents

Map

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

MLS Number: 22-1550

APN: R51679

Oregon Lincoln County 97388 Lincoln Beach

120 Lorraine St, OR

This home is located at 120 Lorraine St, Lincoln Beach, OR 97388 since 31 January 2023 and is currently estimated at $399,756, approximately $380 per square foot. This property was built in 1958. 120 Lorraine 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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