NOT LISTED FOR SALE

1232 SW 51st St Lincoln City, OR 97367

Estimated Value: $400,911 - $435,000

1 Bed
1 Bath
500 Sq Ft
$837/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $295,000 $590 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,369/month

37 Days on Market

Highlights

  • RV Access or Parking
  • Furnished
  • First Floor Utility Room
  • Wood Flooring
  • Private Yard
  • 1-minute walk to Siletz Bay Park

About This Home

As of January 2021

This is it! ~ Rare Taft Historic Dist cottage awaits! beautifully updated-steps to one of the most beautiful beaches on the Oregon Coast & Siletz Bay. Large beach, shallow/quite waters for wading, swimming and kayaking. Steps to great restaurants, pub, bakery, grocery, coffee house, spa, galleries & nearby Salishan Resort. TVC zoning allows Vac Rent w/o wait list, prior successful vacation rental-buyer to verify w/city. One seller Oregon realtor. See attached upgrade list ~fully furnished

Last Agent to Sell the Property

Shelia Clark

The Virtual Realty Group License #200308329 Listed on: 10/29/2020

Last Buyer's Agent

Barry Domnich

Realty One Group Willamette Valley License #201204536

Realty One Group Willamette Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • Fenced
  • Level Lot
  • Private Yard

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • Walk-in Shower
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Vinyl Clad Windows
  • First Floor Utility Room
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Parking

  • Off-Street Parking
  • RV Access or Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Shed
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,281

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage, 1 Story
  • Sq Ft Calculated: 500
  • Sq Ft Approximate Total: 500
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1930
  • Property Condition: Updated/Remodeled
  • Remarks Public: This is it! ~ Rare Taft Historic Dist cottage awaits! beautifully updated-steps to one of the most beautiful beaches on the Oregon Coast & Siletz Bay. Large beach, shallow/quite waters for wading, swimming and kayaking. Steps to great restaurants, pub, bakery, grocery, coffee house, spa, galleries & nearby Salishan Resort. TVC zoning allows Vac Rent w/o wait list, prior successful vacation rental-buyer to verify w/city. One seller Oregon realtor. See attached upgrade list ~fully furnished
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level, Walk-in Shower, Main Floor Bedroom w/Bath, Utility Room On Main
  • Additional Room Features: Exterior Entry, Washer/Dryer, Vinyl Floor
  • Additional Rooms: Utility Room
  • All Room Features: Bookcases, Eat Bar, Gas Appliances, Great Room, Hardwood Floors, Exterior Entry, Washer/Dryer, Free-Standing Refrigerator, Vinyl Floor, Quartz
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Interior Amenities: Furnished, Hardwood Floors, Laundry, Washer/Dryer, Vinyl Floor
  • Kitchen Appliances: Gas Appliances, Tile, Free-Standing Refrigerator, Stainless Steel Appliance(s), Quartz
  • Legal Description: TAFT, BLOCK 8, LOT 7 & 8,PTNS OF, DOC201705546
  • Sq Ft Main Level: 500
  • Bedrooms: 1
  • Master Bedroom: Features: Hardwood Floors,On Level: Main
  • Full Bathrooms: 1
  • Living Room: Features: Bookcases, Great Room, Hardwood Floors,On Level: Main
  • Kitchen: Features: Eat Bar, Gas Appliances, Hardwood Floors, Free-Standing Refrigerator, Quartz,On Level: Main
  • Additional Room 1: Description: Utility Room,Features: Exterior Entry, Washer/Dryer, Vinyl Floor,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Fenced, Porch, RV Parking, Tool Shed, Yard
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Pillar/Post/Pier
  • R V Description: RV Parking
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Off Street, RV Access/Parking

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Internet Service Type: Cable, DSL

Schools

  • Elementary School: Taft
  • Middle School: Taft
  • High School: Taft

Lot Info

  • Lot Description: Level, Flood Zone, Ocean Beach 1/4 Mile or Less
  • Acres: 0.09

Tax Info

  • Tax Amount: 1089.15
  • Assessor Parcel Number: R236256
  • Tax Year: 2019

MLS Schools

  • Elementary School: Taft
  • High School: Taft
  • Middle School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Jan 13, 2021
Sold by
Clark Dennis and Clark Shelia
Bought by
Thomas Kellie
Seller's Agent
Shelia Clark
The Virtual Realty Group
Buyer's Agent
Barry Domnich
Realty One Group Willamette Valley
List Price
$294,500
Sold Price
$295,000
Premium/Discount to List
$500
0.17%
Current Estimated Value
$418,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,478
Avg. Annual Appreciation
6.02%
Original Mortgage
$236,000
Outstanding Balance
$213,028
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$173,682

Purchase Details

Listed on
May 23, 2017
Closed on
Jun 8, 2017
Sold by
Kelso Susan
Bought by
Clark Dennis and Clark Shelia
Seller's Agent
Ross Rehberg
Kelly Right Real Estate of Portland
Buyer's Agent
Ross Rehberg
Kelly Right Real Estate of Portland
List Price
$199,000
Sold Price
$193,030
Premium/Discount to List
-$5,970
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Dec 29, 2008
Sold by
Nelson Guy and Nelson Linda
Bought by
Kelso Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2007
Sold by
Nelson Guy R and Nelson Linda L
Bought by
Nelson Guy and Nelson Linda
Source: Public Records

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
Thomas Kellie $295,000 Western Title & Escrow
Clark Dennis $193,030 Western Title & Escrow
Kelso Susan $157,000 Premier Title Of Oregon
Nelson Guy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Kellie $236,000
Previous Owner Kelso Susan $112,145
Previous Owner Kelso Susan $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $295,000 +0.2% $590 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $294,500 0.0% $589 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $294,500 +52.6% $589 / Sq Ft
06/12/2017 06/12/17 Sold $193,030 -3.0% $386 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $199,000 -- $398 / 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 $1,281 $75,150 -- --
2023 $1,246 $72,970 $0 $0
2022 $1,211 $70,850 $0 $0
2021 $1,154 $68,790 $0 $0
2020 $1,128 $66,790 $0 $0
2019 $1,089 $64,850 $0 $0
2018 $1,065 $62,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20574996

Regional Multiple Listing Service (RMLS)

APN: R236256