NOT LISTED FOR SALE

1521 SE 47th St Lincoln City, OR 97367

Estimated Value: $442,000 - $492,000

3 Beds
2 Baths
1,896 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $202,000 $107 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,963/month

48 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Patio
  • No HOA
  • Forced Air Cooling System
  • Living Room

About This Home

As of March 2021

For those wanting an investment opportunity, Here is a fixer upper opportunity. 3 bed, 2 bath home in SE Lincoln City. Owner started many projects and didn't finish. Just needs the handy touch. Check with lender as home may be able to qualify for a Rehab loan. 24 hour notice for all showings as there is a tenant

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 11/22/2020

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1946

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Property is zoned R1-7.5

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Taft Subdivision

Listing and Financial Details

  • Tax Lot 2 & 3
  • Assessor Parcel Number 071127DD-1500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,449

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.34
  • Lot Size: 100x150
  • Lot Size Sq Ft: 14810.4
  • Road Surface Type: Paved
  • Subdivision Name: Taft
  • Directions: Hwy 101 to SE 51st to SE 47th St to property.
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1946
  • Contract Information:BankLender Owned: No
  • 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: 0.34
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1500
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: 100x150
  • Location Tax and Other Information:Subdv ParcelLot: 2 & 3
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:Cedar: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Patio: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • View: None
  • Foundation Details: Permanent, Cont/Con
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Water On Property: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071127DD-1500-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 3448.53
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Torres Sarah Elizabeth and Torres Luis E
Bought by
Torres Luis Eduardo and Torres Sarah Elisabeth
Current Estimated Value
$471,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$297,094
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$174,483

Purchase Details

Listed on
Nov 22, 2020
Closed on
Feb 18, 2021
Sold by
Myers Jonathan K
Bought by
Torres Luis E and Torres Sarah Elizabeth
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$249,900
Sold Price
$202,000
Premium/Discount to List
-$47,900
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%

Purchase Details

Closed on
Jan 23, 2009
Sold by
Dunning Derald R and Dunning Jo A
Bought by
Myers Jonathan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,596
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Torres Luis Eduardo -- First American Title
Torres Luis E $202,000 Lawyers Title
Myers Jonathan K $159,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Luis Eduardo $300,000
Previous Owner Myers Jonathan K $161,596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $202,000 -19.2% $107 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
11/22/2020 11/22/20 For Sale $249,900 -- $132 / 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 $4,728 $277,310 -- --
2023 $4,597 $269,240 $0 $0
2022 $3,983 $232,940 $0 $0
2021 $3,654 $217,820 $0 $0
2020 $3,570 $211,480 $0 $0
2019 $3,449 $205,330 $0 $0
2018 $3,371 $199,350 $0 $0
2017 $3,226 $193,550 $0 $0
2016 $2,987 $187,920 $0 $0
2015 $2,939 $182,450 $0 $0
2014 $2,840 $177,140 $0 $0
2013 -- $172,380 $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: 20-1418

APN: R396517