NOT LISTED FOR SALE

1817 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $824,000 - $1,134,000

3 Beds
3 Baths
1,987 Sq Ft
$507/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $645,000 $325 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,005/month

67 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Furnished
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of April 2020

Your Malibu Beach home on the Central Oregon Coast! Luxury, custom OCEAN FRONT offers vistas second to none of sand, surf and sunsets. You can watch big wave surfers slice it up at world famous surf spot, Nelscott Reef. You will love the laid back, beachy feel of this home while enjoying the superior craftsmanship from the gorgeous custom cabinets & fine woodwork to the custom tilework. Great room & upper level family room open to huge oceanfront decks. 2 master suites with insanely gorgeous spa inspired bathrooms. Beach is just down the road. Shops, dining and city amenities all nearby. Seller carry is available: 20% down with 30 year amortization, 10 year balloon payment, 6% interest.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 01/10/2020

Last Buyer's Agent

Chantelle Charpentier

Martek Real Estate License #201219504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,014

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot
  • Ocean Front
  • Property is zoned R-5 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,987 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Ocean Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

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 19
  • Assessor Parcel Number 071122BA-1500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,014

Year Built

Built in 1954

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
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Crest
  • Directions: S Hwy 101 to SW 12th, West to stop sign. Go straight across SW Fleet down hill then left onto SW Coast, South to address on right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1954
  • 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: 1500
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: 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
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 19
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Deck and Patio: Yes
  • Sewer:City Property2: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Roof:Membrane: Yes
  • Ceiling:Beam: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Roof: Composition, Membrane
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071122BA-1500-00
  • Zoning: R-5 Residential

Tax Info

  • Tax Annual Amount: 7014.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Apr 18, 2020
Sold by
S M B Industries Llc
Bought by
Schulze Kenneth R and Burns Patricia J
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Chantelle Charpentier
Martek Real Estate
List Price
$725,000
Sold Price
$645,000
Premium/Discount to List
-$80,000
-11.03%
Current Estimated Value
$1,006,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,923
Avg. Annual Appreciation
8.25%
Original Mortgage
$447,500
Outstanding Balance
$392,354
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$614,569

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 20, 2014
Sold by
Freed Perry L
Bought by
S M B Commercial Llc
Seller's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
List Price
$795,000
Sold Price
$705,000
Premium/Discount to List
-$90,000
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schulze Kenneth R $645,000 Western Title & Escrow
S M B Commercial Llc $705,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulze Kenneth R $447,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2020 04/21/20 Sold $645,000 -11.0% $325 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $725,000 +2.8% $365 / Sq Ft
03/21/2014 03/21/14 Sold $705,000 -11.3% $355 / Sq Ft View Prior Sale
02/28/2014 02/28/14 For Sale $795,000 -- $400 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
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 $8,443 $495,250 -- --
2023 $8,211 $480,830 $0 $0
2022 $7,982 $466,830 $0 $0
2021 $7,603 $453,240 $0 $0
2020 $7,428 $440,040 $0 $0
2019 $7,175 $427,230 $0 $0
2018 $7,014 $414,790 $0 $0
2014 $5,999 $368,560 $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: 19-561

APN: R257339