NOT LISTED FOR SALE

1315 SE Oar Ave Lincoln City, OR 97367

Estimated Value: $224,000 - $309,000

1 Bed
1 Bath
528 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $71,000 $134 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,502/month

17 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Den
  • 1-Story Property
  • Baseboard Heating

About This Home

As of April 2018

Quaint coastal cabin with 1 bedroom, 1 bath, living room and den. Spacious fenced backyard. Located near retail shopping and dining, and just a few blocks to ocean beaches. This is a HomePath property.

Last Agent to Sell the Property

Erin Fletcher

Coldwell Banker Gesik Realty, Inc Listed on: 03/10/2018

Last Buyer's Agent

Priscilla Beggs

Zenith Realty, LLC License #971100070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned R-M Residential, Multifamily

Home Design

  • Cabin
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 071114CC-2000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,280

Year Built

Built in 1950

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: 50x100
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Directions: Hwy 101 to SE 12th east to SE Oar right to property.
  • Architectural Style: Cabin
  • Garage Yn: No
  • Year Built: 1950
  • Contract Information:BankLender Owned: Yes
  • 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
  • Location Tax and Other Information:Tax Lot: 2000
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cabin
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 50x100
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Siding:Lap: Yes
  • Flooring:Carpet: Yes
  • Miscellaneous:Den: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Carpet

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: City Property
  • Sewer Septic: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071114CC-2000-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 1279.97
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2018
Closed on
Apr 4, 2018
Sold by
Fannie Mae
Bought by
Mills Mikos
Seller's Agent
Erin Fletcher
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Priscilla Beggs
Zenith Realty, LLC
List Price
$87,000
Sold Price
$71,000
Premium/Discount to List
-$16,000
-18.39%
Current Estimated Value
$258,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,107
Avg. Annual Appreciation
18.33%
Original Mortgage
$63,900
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2017
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 5, 2017
Sold by
Schroder Timothy J and Horizon Distributors Inc
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Dec 27, 2016
Sold by
Schroder Timothy J and Horizon Distributors Inc
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Eversole Martin L and Eversole Beverly J
Bought by
Schroder Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mills Mikos $71,000 Ticor Title
Federal National Mortgage Association $69,200 None Available
Ditech Financial Llc $69,200 None Available
Ditech Financial Llc $69,200 None Available
Schroder Timothy J $132,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mills Mikos $63,900
Previous Owner Schroder Timothy J $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2018 04/05/18 Sold $71,000 -18.4% $134 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $87,000 -- $165 / 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 $1,716 $100,650 -- --
2023 $1,669 $97,720 $0 $0
2022 $1,622 $94,880 $0 $0
2021 $1,545 $92,120 $0 $0
2020 $1,510 $89,440 $0 $0
2019 $1,458 $86,840 $0 $0
2018 $1,426 $84,320 $0 $0
2017 $1,365 $81,870 $0 $0
2016 $1,280 $79,490 $0 $0
2015 $1,251 $77,180 $0 $0
2014 $1,220 $74,940 $0 $0
2013 -- $72,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Erin Fletcher

    Coldwell Banker Gesik Realty, Inc

  • Priscilla Beggs

    Buyer's Agent in 2018

    Priscilla Beggs

    Zenith Realty, LLC

    (503) 580-2941

    16 Total Sales

    Priscilla Beggs
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Map

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

MLS Number: 17-1976

APN: R273789

Oregon Lincoln County Lincoln City 97367

1315 SE Oar Ave, Lincoln City, OR

Not Listed for Sale

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