NOT LISTED FOR SALE

1631 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $883,000 - $1,134,000

3 Beds
3 Baths
2,135 Sq Ft
$465/Sq Ft Est. Value

Last Sold February 15, 2012

Last sale price $315,000 $148 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $6,098/month

73 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Living Room
  • Traditional Architecture
  • 2 Car Attached Garage
  • 5-minute walk to Canyon Drive Park

About This Home

As of February 2012

Newly refreshed interior 3brd, 2.5bath almost every room has an ocean view. Excellent floor plan, woodstove, many decks, gas forced air, new appliance, jacuzzi in master bdrm. Please contact listing agent for more information on how buyers purchasing a property as Owner Occupants may be eligible to receive 3.5% in closing cost assistance

Last Agent to Sell the Property

Jon Lynch

Coldwell Banker - Central Coast Realty - Newport Listed on: 10/12/2011

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1967

Lot Details

  • 10,019 Sq Ft Lot
  • Ocean Front
  • Property is zoned R1-7.5

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2,135 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Nelscott Crest Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 11
  • Assessor Parcel Number 071122BA-800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,578

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.23
  • Lot Size: irregular
  • Lot Size Sq Ft: 10018.8
  • Subdivision Name: Nelscott Crest
  • Directions: Bard road to Coast then north a couple of blocks to address.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1967
  • Contract Information:BankLender Owned: Yes
  • 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: 0.23
  • Location Tax and Other Information:Tax Lot: 800
  • 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
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: irregular
  • Location Tax and Other Information:Subdv ParcelLot: 11
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Utilities:Sewer2: City
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Miscellaneous Possession: COE
  • External Features:Roof: Composition
  • External Features:Siding: Hardi Plank
  • External Features:Foundation: Cont/Con
  • External Features:Street Surface: Paved
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071122BA-800-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 6578.27
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2011
Closed on
Jan 6, 2012
Sold by
Us Bank National Association
Bought by
Nagappan Ollie and Nagappan Poombavai O
Seller's Agent
Jon Lynch
Coldwell Banker - Central Coast Realty - Newport
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$399,900
Sold Price
$315,000
Premium/Discount to List
-$84,900
-21.23%
Current Estimated Value
$992,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,354
Avg. Annual Appreciation
8.66%
Original Mortgage
$236,250
Outstanding Balance
$152,146
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$840,208

Purchase Details

Closed on
Aug 30, 2011
Sold by
Marley Chad Thomas
Bought by
Wachovia Bank National Association

Purchase Details

Closed on
Sep 22, 2005
Sold by
Marley Chad Thomas
Bought by
Diamond Peak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2005
Sold by
Fanger Claire Elaine and Fanger James P
Bought by
Marley Chad Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
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
Nagappan Ollie $315,000 First American Title Ins Co
Wachovia Bank National Association $571,185 None Available
Diamond Peak Properties Llc $680,000 Wte
Marley Chad Thomas $670,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagappan Ollie $236,250
Previous Owner Marley Chad Thomas $67,000
Previous Owner Marley Chad Thomas $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2012 02/15/12 Sold $315,000 -21.2% $148 / Sq Ft
12/24/2011 12/24/11 Pending -- -- --
10/12/2011 10/12/11 For Sale $399,900 -- $187 / 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 $10,472 $614,230 -- --
2023 $10,183 $596,340 $0 $0
2022 $9,899 $578,980 $0 $0
2021 $9,430 $562,120 $0 $0
2020 $9,173 $545,750 $0 $0
2019 $8,899 $529,860 $0 $0
2018 $8,699 $514,430 $0 $0
2017 $8,325 $499,450 $0 $0
2016 $7,808 $484,910 $0 $0
2015 $7,634 $470,790 $0 $0
2014 $7,440 $457,080 $0 $0
2013 -- $443,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jon Lynch

    Coldwell Banker - Central Coast Realty - Newport

  • Dennis Regen

    Buyer's Agent in 2012

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    616 Total Sales

    Dennis Regen
    Section Image

  • D

    Buyer Co-Listing Agent in 2012

    Dan Cowie

    Taylor & Taylor Realty Company

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Map

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

MLS Number: 11-2639

APN: R238482

Oregon Lincoln County Lincoln City 97367

1631 SW Coast Ave, Lincoln City, OR

Not Listed for Sale

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