NOT LISTED FOR SALE

1317 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $694,987 - $1,028,000

2 Beds
3 Baths
1,684 Sq Ft
2001 Built

Last Sold July 15, 2014

Last sale price $325,000 $193 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $5,419/month

207 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Furnished
  • 2-minute walk to Canyon Drive Park

About This Home

As of July 2014

OCEAN FRONT BEACH RETREAT! This fabulous cottage style home is furnished and designed for seaside living. Sited over the famous Nelscott Reef with epic views to Cascade Head. Just a few doors to the beach park with 7 miles of sandy beach. Perfect for full time living but is currently a popular weekly and nightly rental with established clients. Open style layout with a jetted tub and gas fireplace in the master suite and great room.
NO HOA FEES
Attached garage
Put this one on your MUST SEE LIST!

Last Agent to Sell the Property

John Iwamura

Coldwell Banker Gesik Realty, Inc Listed on: 08/22/2013

Last Buyer's Agent

John Iwamura

Coldwell Banker Gesik Realty, Inc Listed on: 08/22/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,406

Year Built

  • Built in 2001

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Tax Lot Unit 2
  • Assessor Parcel Number 071115DC-80002-00

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,406

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Lot Size: Common
  • Road Surface Type: Paved
  • Inclusions: All Furnishings
  • Directions: S Hwy 101, West on SW 12th at stop sign proceed West to SW Coast, South to address.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2001
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 80002
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • 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:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Common
  • Location Tax and Other Information:Subdv ParcelLot: Unit 2
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • 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

  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association: No

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 071115DC-80002-00
  • Zoning: R1.5

Tax Info

  • Tax Annual Amount: 6406.49
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Jul 9, 2014
Sold by
Land John C and Land Lena M
Bought by
Sakauye Larry A and Tunem Vickie L
Seller's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$896,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,497
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Jun 17, 2008
Sold by
French Colleen C and French Mark S
Bought by
Land John C and Land Lena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.41%
Mortgage Type
Unknown
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
Sakauye Larry A $325,000 Western Title & Escrow
Land John C $525,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Land John C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $325,000 -6.9% $193 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $349,000 -- $207 / 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 $8,370 $490,950 -- $490,950
2023 $8,139 $476,660 $0 $0
2022 $7,912 $462,780 $0 $0
2021 $7,537 $449,310 $0 $0
2020 $7,314 $436,230 $0 $0
2019 $5,219 $315,000 $0 $0
2018 $5,254 $315,000 $0 $0
2017 $5,178 $315,000 $0 $0
2016 $5,000 $315,000 $0 $0
2015 $5,032 $315,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 13-418

APN: R516926