NOT LISTED FOR SALE

1505 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $962,000 - $1,077,171

3 Beds
3 Baths
2,616 Sq Ft
$397/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $560,000 $214 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,449/month

245 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Bonus Room
  • Deck
  • Traditional Architecture
  • 4-minute walk to Canyon Drive Park

About This Home

As of November 2019

50' of OCEAN FRONTAGE! Mostly single level living in this spacious 2,639 SF Oceanfront home and is the lowest priced per square foot on the market in this price range. This property overlooks the popular world class surfing destination at Nelscott Reef. Home features 3 bedrooms/ 2.5 bathrooms with living room, family room, sun room, 2 fireplaces, vaulted ceilings, stainless appliances, deck and spacious patio. Close to beach access, shopping, dining and entertainment. Easy to show! Vacant.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 01/12/2019

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 01/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,532

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Ocean Front
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Nelscott Crest Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 071122BA-300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,532

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.26
  • Lot Size: 11,347 Sq Ft
  • Lot Size Sq Ft: 11325.6
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Crest
  • Directions: HWY 101 to SW 11th Drive to SW Coast Avenue. SW Coast Ave to property, see sign.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1965
  • 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
  • General Property Description:_pound_ of Acres: 0.26
  • Location Tax and Other Information:Tax Lot: 300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 11,347 Sq Ft
  • Location Tax and Other Information:Subdv ParcelLot: 6
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Deck and Patio: Yes
  • Sewer:City Property2: Yes
  • Siding:Wood: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071122BA-300-00
  • Zoning: R1.5

Tax Info

  • Tax Annual Amount: 8532.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Nov 13, 2019
Sold by
Mountainland Properties Llc
Bought by
Hardy Deborah Lasher
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$872,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,293
Avg. Annual Appreciation
10.71%
Original Mortgage
$448,000
Outstanding Balance
$394,516
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$643,027

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 12, 2018
Sold by
Bliven Dorothea E
Bought by
Mountainland Properties Llc
Seller's Agent
Diana Ferguson
Keller Williams Realty- Portland Central
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$519,000
Sold Price
$450,000
Premium/Discount to List
-$69,000
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hardy Deborah Lasher $560,000 Lawyers Title Of Oregon Llc
Mountainland Properties Llc $450,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy Deborah Lasher $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2019 11/14/19 Sold $560,000 -6.5% $214 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $599,000 +33.1% $229 / Sq Ft
12/18/2018 12/18/18 Sold $450,000 -13.3% $172 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $519,000 -- $198 / 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 $10,271 $602,430 -- --
2023 $9,987 $584,890 $0 $0
2022 $9,709 $567,860 $0 $0
2021 $9,249 $551,330 $0 $0
2020 $9,036 $535,280 $0 $0
2019 $8,728 $519,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2019

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    616 Total Sales

    Dennis Regen
    Section Image
  • Jill Hurd

    Seller Co-Listing Agent in 2019

    Jill Hurd

    Taylor & Taylor Realty Company

    (541) 992-1672

    360 Total Sales

    Jill Hurd
    Section Image

  • D

    Seller's Agent in 2018

    Diana Ferguson

    Keller Williams Realty- Portland Central

See All Agents

Map

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

MLS Number: 19-72

APN: R226743

Oregon Lincoln County Lincoln City 97367

1505 SW Coast Ave, Lincoln City, OR

Not Listed for Sale

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