NOT LISTED FOR SALE

1530 NE Lake Dr Lincoln City, OR 97367

Estimated Value: $658,000 - $770,000

2 Beds
1 Bath
800 Sq Ft
$903/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $699,000 $874 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,361/month

101 Days on Market

Highlights

  • Boathouse
  • Deck
  • No HOA
  • Lake Front
  • Vaulted Ceiling
  • 4-minute walk to 400 Year Old Sitka Spruce Tree

About This Home

As of February 2024

This charming lakefront property in Lincoln City is an extraordinary opportunity to own a piece of lakeside paradise. With its private dock, boat house, three decks, (approx. 1450+ sf of outdoor entertainment area) and a cozy interior, it offers a perfect blend of modern comfort and rustic charm. The included boat, covered carport, and peaceful neighborhood make this property a complete package for those seeking a serene retreat. Whether you're looking for a weekend escape or a year-round residence, this lake house property promises breathtaking panoramic views and wildlife to experience a life of relaxation and tranquility in a modern yet tasteful cabin setting. Don't miss your chance to experience the epitome of lakeside living in Lincoln City. Seller is a licensed RE Broker in Oregon.

Last Agent to Sell the Property

Camilla Arlit

Cascade Hasson Sotheby's International Realty License #201221718 Listed on: 10/07/2023

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front
  • Irregular Lot
  • Property is zoned R1-7.5

Property Views

  • Lake
  • Forest

Home Design

  • Cottage
  • Composition Roof
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Utility Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Boathouse
  • Deck
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Loyd Forest Oceanlake Subdivision

Listing and Financial Details

  • Tax Lot 5400
  • Assessor Parcel Number 071111CD-5400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,898

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Loyd Forest - Oceanlake
  • Directions: Hwy 101 to West Devils Lake Rd, East on NE 15th, left on NE Lake Dr. to address on right.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1987
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5400
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Tankless
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Lot Type:Irregular: Yes
  • Flooring:Tile2: Yes
  • Outbuildings:Boat House: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed, Boat House
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Ductless Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071111CD-5400-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 4897.92
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Feb 9, 2024
Sold by
Arlit Camilla R and Arlit Bailey A
Bought by
Jakobsen Wendy Joy and Tharp John Ray
Seller's Agent
Camilla Arlit
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$749,000
Sold Price
$699,000
Premium/Discount to List
-$50,000
-6.68%
Views
142
Current Estimated Value
$722,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,429
Avg. Annual Appreciation
2.28%
Original Mortgage
$499,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2014
Closed on
Sep 16, 2015
Sold by
Aas Georgia A and Alden William H
Bought by
Arlit Camilla R and Arlit Bailey A
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
List Price
$322,000
Sold Price
$224,000
Premium/Discount to List
-$98,000
-30.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$179,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Alden Family Llc
Bought by
Alden John G and Kern Georgia
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
Jakobsen Wendy Joy $699,000 Western Title
Arlit Camilla R $224,000 Western Title & Escrow
Alden John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jakobsen Wendy Joy $514,500
Closed Jakobsen Wendy Joy $499,000
Previous Owner Arlit Camilla R $30,000
Previous Owner Arlit Camilla R $179,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $699,000 -6.7% $874 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
10/07/2023 10/07/23 For Sale $749,000 +234.4% $936 / Sq Ft
09/18/2015 09/18/15 Sold $224,000 -30.4% $251 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
04/10/2014 04/10/14 For Sale $322,000 -- $360 / 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 $5,181 $301,750 -- --
2023 $5,038 $292,970 $0 $0
2022 $4,898 $284,440 $0 $0
2021 $4,666 $276,160 $0 $0
2020 $4,559 $268,120 $0 $0
2019 $4,404 $260,320 $0 $0
2018 $4,305 $252,740 $0 $0
2017 $4,120 $245,380 $0 $0
2016 $3,865 $238,240 $0 $0
2015 $3,779 $231,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Camilla Arlit

    Cascade Hasson Sotheby's International Realty

    Section Image

  • O

    Buyer's Agent in 2024

    Out of Area

    OUT OF AREA

  • Dennis Regen

    Seller's Agent in 2015

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    659 Total Sales

    Dennis Regen
    Section Image

  • J

    Buyer's Agent in 2015

    John Iwamura

    Coldwell Banker Gesik Realty, Inc

See All Agents

Map

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

MLS Number: 23-1951

APN: R157652

Oregon Lincoln County Lincoln City 97367

1530 NE Lake Dr, Lincoln City, OR

This home is located at 1530 NE Lake Dr, Lincoln City, OR 97367 since 07 October 2023 and is currently estimated at $722,429, approximately $903 per square foot. This property was built in 1987. 1530 NE Lake Dr is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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