NOT LISTED FOR SALE

1525 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $831,000 - $957,000

3 Beds
2.5 Baths
1,946 Sq Ft
$452/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $855,000 $439 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,326/month

About This Home

As of August 2022

Ocean Front in SW Lincoln City. Charming home situated on a sunny knoll overlooking the Pacific Ocean. Built in 1946 and updated to enhance its historic features. 3 bed 2.5 bath with main level living. Big and bright kitchen with lots of outdoor space for enjoying and entertaining with family and friends. Breathtaking views. Successful vacation rental in a desirable location close to all city amenities. Just a short distance from shops, restaurants local activities and the beach!

Last Agent to Sell the Property

Desirea Jackson

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #201217205 Listed on: 07/07/2022

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

Last Buyer's Agent

JERRY GLESMANN

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201216936

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,333

Year Built

  • Built in 1946

Lot Details

  • 0.26 Acre Lot

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,946 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,333

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Source Of Sq Ft: County

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Lot Info

  • Acres: 0.26
  • Lot: 8
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Bronson A Jay A and Bronson Bailey
Bought by
Aabs Trust and Bronson
Current Estimated Value
$879,666

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 8, 2022
Sold by
Yosief Embaye
Bought by
Bronson A Jay A and Bronson Bailey
Seller's Agent
Desirea Jackson
PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM
Buyer's Agent
JERRY GLESMANN
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$522,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2017
Closed on
Sep 4, 2018
Sold by
Miller Bradley K and Miller Nancy J
Bought by
Embaye Yosief and Kiros Frewine
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Original Mortgage
$382,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Aabs Trust -- None Listed On Document
Bronson A Jay A $855,000 First American Title
Embaye Yosief $450,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bronson A Jay A $522,000
Previous Owner Embaye Yosief $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2022 08/08/22 Sold $855,000 0.0% $460 / Sq Ft View Prior Sale
08/08/2022 08/08/22 Sold $855,000 -4.9% $439 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/07/2022 07/07/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $899,000 0.0% $462 / Sq Ft
04/29/2022 04/29/22 For Sale $899,000 +99.8% $484 / Sq Ft
09/19/2018 09/19/18 Sold $450,000 -8.0% $242 / Sq Ft View Prior Sale
08/11/2018 08/11/18 Pending -- -- --
03/20/2017 03/20/17 For Sale $489,000 -- $263 / Sq Ft
Source: Willamette Valley MLS

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 $8,333 $488,770 -- --
2023 $8,103 $474,540 $0 $0
2022 $7,877 $460,720 $0 $0
2021 $7,504 $447,310 $0 $0
2020 $7,331 $434,290 $0 $0
2019 $7,082 $421,650 $0 $0
2018 $6,922 $409,370 $0 $0
2017 $6,625 $397,450 $0 $0
2016 $6,214 $385,880 $0 $0
2013 -- $353,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Taj Richardson

    Vacasa Real Estate LLC

  • Desirea Jackson

    Seller's Agent in 2022

    Desirea Jackson

    PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

    (971) 808-3374

    67 Total Sales

    Desirea Jackson
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Angela Downs

    Vacasa Real Estate LLC

  • O

    Buyer's Agent in 2022

    Out of Area

    OUT OF AREA

  • JERRY GLESMANN

    Buyer's Agent in 2022

    JERRY GLESMANN

    BHHS Oregon- Professionals

    (541) 505-2675

    134 Total Sales

    JERRY GLESMANN
    Section Image

  • J

    Seller's Agent in 2018

    John Iwamura

    JKI Realty

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 796785

Willamette Valley MLS

APN: R231540

Oregon Lincoln County Lincoln City 97367

1525 SW Coast Ave, Lincoln City, OR

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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