NOT LISTED FOR SALE

1521 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $947,000 - $1,257,000

2 Beds
3 Baths
1,492 Sq Ft
$748/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $385,000 $258 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $6,216/month

101 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • No HOA
  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of January 2014

Ocean Front Contemporary home with unobstructed panoramic views. Built in 1994, 2 BD, 3 BA, walk-in pantry, breakfast bar, open floor plan with vaulted ceilings, gas fireplace, spacious ocean front deck, double car garage currently used as a game room & more! Ocean views from each bedroom, kitchen & living room. Short Sale & Subject to 3rd party approval. Ocean front contemporary home with unobstructed panoramic ocean views. High bluff, eye level perspective is perfect for whale and storm watching.
Bright & open floor plan, vaulted ceiling, gas fireplace with oak hearth, all dual pane windows. The Anderson double glass, slider French doors opens to a wood deck to combine the outdoor and indoor spaces.
Oversized 2 car garage with work bench, recessed lighting & paneling, currently used as game room. Nicely landscaped yard with tall trees, lawn & retaining walls, Asphalted driveway.
Kitchen features include stainless steel oven/range, sink, dishwasher & refrigerator. Breakfast bar counter top, reed glass pantry and laundry doors.
Master bedroom has a walk in closet, full bath, incredible views of the ocean, mountains and beach.
Well maintained home with recently replaced: 30 year Elk Roof, Harti-plank siding, 92% efficient gas furnace. High quality carpet & kitchen laminate wood flooring. Anderson double slider french doors. (all replaced since 2005.)
Additional storage area in sub-area +/- 400sf.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 07/23/2013

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 1994

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • Property is zoned R-5 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Nelscott Crest Subdivision

Listing and Financial Details

  • Short Sale
  • Exclusions: SPA/HOT TUB
  • Tax Lot 7
  • Assessor Parcel Number 071122BA-400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,155

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.25
  • Lot Size: 10890 sq ft
  • Lot Size Sq Ft: 10890.0
  • Road Surface Type: Paved
  • Exclusions: SPA/HOT TUB
  • Subdivision Name: Nelscott Crest
  • Directions: Hwy 101 to SW Fleet (by US Bank) to SW 9th, bear right, then left down the hill to SW Coast to address
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1994
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: Yes
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.25
  • Location Tax and Other Information:Tax Lot: 400
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: 10890 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 7
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Exclusions: SPA/HOT TUB
  • Miscellaneous Possession: Nego
  • External Features:Outbuildings: None
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 2
  • 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: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071122BA-400-00
  • Zoning: R-5 Residential

Tax Info

  • Tax Annual Amount: 6154.74
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2023
Sold by
Adjaj Salwan and Adjaj Marwan
Bought by
Isle Way Llc
Current Estimated Value
$1,017,505

Purchase Details

Closed on
Feb 7, 2015
Sold by
Adjaj Salwan
Bought by
Adjaj Salwan and Adjaj Marwan

Purchase Details

Listed on
Jul 23, 2013
Closed on
Jan 17, 2014
Sold by
Day Robert Kent and Day Robin
Bought by
Adjaj Salwan
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$308,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Regen Dennis M and Regen Victoria L
Bought by
Day Robert Kent and Day Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac
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
Isle Way Llc -- None Listed On Document
Adjaj Salwan -- None Available
Adjaj Salwan $385,000 Western Title & Escrow
Day Robert Kent $467,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adjaj Salwan $308,000
Previous Owner Day Robert Kent $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2014 01/24/14 Sold $385,000 -9.4% $258 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $425,000 -- $285 / 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 $10,312 $604,880 -- --
2023 $10,028 $587,270 $0 $0
2022 $9,749 $570,170 $0 $0
2021 $9,286 $553,570 $0 $0
2020 $9,073 $537,450 $0 $0
2019 $8,764 $521,800 $0 $0
2018 $8,567 $506,610 $0 $0
2017 $8,198 $491,860 $0 $0
2016 $7,689 $477,540 $0 $0
2015 $6,529 $402,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2014

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    616 Total Sales

    Dennis Regen
    Section Image

  • O

    Buyer's Agent in 2014

    Out of Area

    OUT OF AREA

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Map

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

MLS Number: 13-2104

APN: R229001

Oregon Lincoln County Lincoln City 97367

1521 SW Coast Ave, Lincoln City, OR

Not Listed for Sale

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