NOT LISTED FOR SALE

1805 NW 51st Dr Lincoln City, OR 97367

Estimated Value: $713,000 - $865,000

3 Beds
2 Baths
1,325 Sq Ft
$583/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $687,500 $519 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,908/month

18 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Attached Garage
  • Deck
  • No HOA
  • Forced Air Cooling System

About This Home

As of January 2023

OPEN HOUSE 11/2/2022 9am-12pm. Showings available starting 11/1/22
Revel in the sound of crashing ocean waves right outside your door. Cozy three-bedroom home has vintage appeal and easy beach and town access, as well as plentiful outdoor recreation possibilities nearby. This home has a retro vibe and the natural light filters through large windows in the living room. Enjoy sunsets on the deck when the weather is nice along with the salty sea mist. Cork flooring in bedrooms and granite countertops in kitchen. New exterior paint in October 2022. Currently a vacation rental with transferrable permit (confirm with City of Lincoln City). This ocean view home is just four blocks to the Beach and close to Restaurants, Shops, Casino and town amenities.

Last Agent to Sell the Property

Taj Richardson

Vacasa Real Estate LLC License #200709164 Listed on: 10/21/2022

Co-Listed By

Angela Downs

Vacasa Real Estate LLC License #201229057

Last Buyer's Agent

Drew Rasmussen

Coldwell Banker Professional Group - Newport License #201237517

Coldwell Banker Professional Group - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned R-1-RE Residential (Roads End)

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6201
  • Assessor Parcel Number 061134DD-6201-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,543

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Hwy 101 to Logan Rd., Left on 51st, Right on 51st Drive
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1978
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.22
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 6201
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: 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: No
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Siding:Vinyl: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Other
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached

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 #: 061134DD-6201-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 7542.74
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Roney Heather P and Yalon Michael J
Bought by
Heather P Roney Revocable Trust and Michael J Yalon Jr Revocable Trust
Current Estimated Value
$772,754

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 16, 2022
Sold by
Kyle Donna Lee
Bought by
Oxley Alan and Yalon Michael J
Seller's Agent
Taj Richardson
Vacasa Real Estate LLC
Buyer's Agent
Drew Rasmussen
Coldwell Banker Professional Group - Newport
List Price
$569,000
Sold Price
$687,500
Premium/Discount to List
$118,500
20.83%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Source: Public Records

Range of Values:

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Average Value
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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
Heather P Roney Revocable Trust -- None Listed On Document
Oxley Alan $687,500 Western Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $687,500 +20.8% $519 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $569,000 -- $429 / 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 $8,377 $495,100 -- --
2023 $8,146 $480,680 $0 $0
2022 $7,919 $466,680 $0 $0
2021 $7,543 $453,090 $0 $0
2020 $7,308 $439,900 $0 $0
2019 $7,015 $426,680 $0 $0
2018 $7,124 $427,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 22-2232

APN: R439651