R
Seller's Agent in 2021
Rachelle Rehberg
Vacasa Real Estate LLC
1430 NW 16th St Lincoln City, OR 97367
Estimated Value: $404,000 - $543,000
4
Beds
2
Baths
1,872
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- Ocean View
- No HOA
- Living Room
- Deck
- 1 Car Attached Garage
- 3-minute walk to Lincoln City Beach Access
About This Home
As of October 2021BRING YOUR DREAMS & IMAGINATION - THIS PROPERTY HAS POTENTIAL. With OP-IM Zoning, this property allows short term rentals as a permitted use with no caps (meaning NO residential zoning waitlist). The location is also perfect for use as an office, commercial business, and is close to the beach! Contact LC Planning department to discover all you could do with this property. Main level living in the Modular part of the home - with a 2nd story (stick built) addition adding potential for a 4th bedroom (with full private bathroom) or work from home capability. Sits on the corner of a public parking area - which could be perfect for additional customer parking with an office set-up. Currently a long term rental through property management company (24 hours notice required for showings please).
Last Agent to Sell the Property
Rachelle Rehberg
Vacasa Real Estate LLC License #201225245 Listed on: 09/03/2021
Co-Listed By
Ross Rehberg
Vacasa Real Estate LLC License #201217993
Last Buyer's Agent
David Davis
Legacy Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,982
Year Built
- Built in 1995
Lot Details
- 5,227 Sq Ft Lot
- Property is zoned I-M Interior Mixed Use (Oceanlake)
Parking
- 1 Car Attached Garage
Home Design
- Composition Roof
- T111 Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,872 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Utility Room
- Ocean Views
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
Utilities
- Zoned Cooling
- Electric Baseboard Heater
- Electricity To Lot Line
- Water Heater
Community Details
- No Home Owners Association
- Devils Lake Park Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 071110DB-19100-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2021
Closed on
Oct 6, 2021
Sold by
Burtis Kerry P and Burtis Gloria J
Bought by
Dontula Swapna and Dontula Suresh
Seller's Agent
Rachelle Rehberg
Vacasa Real Estate LLC
Buyer's Agent
David Davis
Legacy Real Estate
List Price
$339,000
Sold Price
$329,000
Premium/Discount to List
-$10,000
-2.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,545
Avg. Annual Appreciation
7.49%
Original Mortgage
$230,300
Outstanding Balance
$210,012
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$230,533
Purchase Details
Closed on
Dec 16, 2005
Sold by
Wallsinger John L and Byers Colleen
Bought by
Burtis Kerry P and Burtis Gloria J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,800
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dontula Swapna | $329,000 | Western Title & Escrow | |
| Burtis Kerry P | $207,250 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dontula Swapna | $230,300 | |
| Previous Owner | Burtis Kerry P | $165,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $329,000 | -2.9% | $176 / Sq Ft |
| 09/03/2021 09/03/21 | For Sale | $339,000 | -- | $181 / Sq Ft |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- |
Source: Lincoln County Board of REALTORS® MLS (OR)
Tax History Compared to Growth
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 | $3,389 | $198,760 | -- | -- |
| 2023 | $3,295 | $192,980 | $0 | $0 |
| 2022 | $3,203 | $187,360 | $0 | $0 |
| 2021 | $3,052 | $181,910 | $0 | $0 |
| 2020 | $2,982 | $176,620 | $0 | $0 |
| 2019 | $2,880 | $171,480 | $0 | $0 |
| 2018 | $2,815 | $166,490 | $0 | $0 |
| 2017 | $2,694 | $161,650 | $0 | $0 |
| 2016 | $2,527 | $156,950 | $0 | $0 |
| 2015 | $2,434 | $152,380 | $0 | $0 |
| 2014 | $2,244 | $139,930 | $0 | $0 |
| 2013 | -- | $145,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2021
Ross Rehberg
Vacasa Real Estate LLC
-
D
Buyer's Agent in 2021
David Davis
Legacy Real Estate
-
Dave Davis
Buyer's Agent in 2021
Dave Davis
EXP Realty
(541) 921-3283
92 Total Sales
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 21-2175
APN: R131771
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