NOT LISTED FOR SALE

1661 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $456,000 - $1,617,000

3 Beds
3 Baths
2,688 Sq Ft
$454/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $1,075,000 $400 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,319/month

5 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Bonus Room
  • Deck
  • Vaulted Ceiling
  • 5-minute walk to Canyon Drive Park

About This Home

As of April 2021

Let your dream of ocean front living come true! Set above miles of pristine coast with uninterrupted open views of the Pacific Ocean & world famous surf spot, Nelscott Reef. Watch surfers, whales & fishing boats glide by & twinkling ships lights cruise the horizon at night - sheer magic!
This haven of tranquility enjoys a private wooded setting. Contemporary by design and meticulously remodeled to suit the most discerning buyer this is the perfect full time or vacation beach residence. 3 fabulous levels of exceptional living with chef's designer kitchen, wet bar, 2 family rooms & games area. 2 oceanfront decks and a sunrise deck on the east face. Offered beautifully furnished. Oversized garage & parking pad. Beach & park mere moments away. Excellent neighborhood, close to town & amenities

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 02/26/2021

Last Buyer's Agent

Lisa Morrigan

Ocean Breeze A Real Estate Boutique, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,504

Year Built

  • Built in 1986

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 208
  • Ocean Front
  • Property is zoned R-5 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,688 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Family Room
  • Den
  • Bonus Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Nelscott Crest Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 071122BA-900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,504

Year Built

Built in 1986

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: 50 x 208
  • Lot Size Sq Ft: 10018.8
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Crest
  • Directions: SW Hwy 101 to SW 12th proceed after stop sign straight ahead to Left on SW Coast to address.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1986
  • Attribution Contact: john@loveoceanfront.com
  • Contract Information:BankLender Owned: No
  • 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
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • 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
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: 50 x 208
  • Location Tax and Other Information:Subdv ParcelLot: 12
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Alternate Heat:Wood Stove: Certified
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • 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

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071122BA-900-00
  • Zoning: R-5 Residential

Tax Info

  • Tax Annual Amount: 9504.45
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Frewine Kiros
Bought by
Hagos Kiros and Hagos Alene Mulunesh
Current Estimated Value
$1,219,107

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 19, 2021
Sold by
Fanger James P
Bought by
Kiros Frewine and Hagos Kiros
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Lisa Morrigan
Ocean Breeze A Real Estate Boutique, LLC
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Fanger James P and Woods Kimberly J
Bought by
Fanger James P
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
Hagos Kiros $98,000 Accommodation/Courtesy Recordi
Kiros Frewine $1,075,000 Western Title & Escrow
Fanger James P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiros Frewine $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $1,075,000 0.0% $400 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,075,000 -- $400 / 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 $10,803 $633,660 -- --
2023 $10,505 $615,210 $0 $0
2022 $10,212 $597,300 $0 $0
2021 $9,728 $579,910 $0 $0
2020 $9,504 $563,020 $0 $0
2019 $9,181 $546,630 $0 $0
2018 $8,974 $530,710 $0 $0
2017 $8,589 $515,260 $0 $0
2016 $8,055 $500,260 $0 $0
2015 $7,875 $485,690 $0 $0
2014 $7,675 $471,550 $0 $0
2013 -- $457,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Iwamura

    JKI Realty

    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Morrigan

    Ocean Breeze A Real Estate Boutique, LLC

  • L

    Buyer's Agent in 2021

    LAURIE MORIN

    Taylor & Taylor Realty Company

  • C

    Buyer Co-Listing Agent in 2021

    Camilla Arlit

    Coldwell Banker Gesik Realty, Inc

See All Agents

Map

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

MLS Number: 21-381

APN: R240869

Oregon Lincoln County Lincoln City 97367

1661 SW Coast Ave, Lincoln City, OR

Not Listed for Sale

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