NOT LISTED FOR SALE

1820 SE Oar Dr Lincoln City, OR 97367

Estimated Value: $368,000 - $431,000

0.15 Acre
$2,709,527 Price per Acre
6,534 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $75,000 $73 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $2,387/month

2 Days on Market

About This Lot

As of October 2022

Good horizon ocean views, west and north, views to the east mountain range.. Lot is flat on top, treed, and there is a sewer stub at the street. House to the south is also available.
This is the lot on the north side of the house at 1820.

Last Agent to Sell the Property

Norma Thompson

Ocean Side Properties LLC License #821000057 Listed on: 09/20/2022

Last Buyer's Agent

Leah Michelson

Taylor & Taylor Realty Company License #201229785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $327

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45'x108'x85'x100'
  • Sloped Lot
  • Property is zoned R1-7.5

Property Views

  • Ocean
  • Mountain

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 071123BB-3000-00

Community Details

Overview

  • No Home Owners Association
  • Delake Heights Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$327

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size: 45'x108'x85'x100'
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Delake Heights
  • Directions: Hwy 101 east on SE 14th Street, south on SE Oar to the top of the hill
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:Lot SqFt: 6534
  • General Property Description:_pound_ of Acres: 0.15
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 3000
  • Miscellaneous Survey: No
  • Miscellaneous:Manufactured Allowed: Unknown
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • Water:City2: Yes
  • General Property Description:Lot Dimensions: 45'x108'x85'x100'
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Available
  • Water Source: At Street, City

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071123BB-3000-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 326.8
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 19, 2022
Sold by
Pitta Trust
Bought by
Brainerd Joshua
Seller's Agent
Norma Thompson
Ocean Side Properties LLC
Buyer's Agent
Leah Michelson
Taylor & Taylor Realty Company
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$406,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,429
Avg. Annual Appreciation
71.88%
Original Mortgage
$282,500
Outstanding Balance
$271,562
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$134,867

Purchase Details

Listed on
Sep 20, 2022
Closed on
Sep 30, 2022
Sold by
Harrow Trust
Bought by
Pitta Trust
Seller's Agent
Norma Thompson
Ocean Side Properties LLC
Buyer's Agent
Leah Michelson
Taylor & Taylor Realty Company
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Outstanding Balance
$271,562
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$134,867

Purchase Details

Closed on
Jun 9, 2017
Sold by
Beck Joann K
Bought by
Pitta Joyce E and The Pitta Trust
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
Brainerd Joshua $404,500 Western Title
Pitta Trust -- --
Pitta Joyce E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brainerd Joshua $282,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $75,000 -77.2% $73 / Sq Ft
10/21/2022 10/21/22 Sold $329,500 +339.3% $319 / Sq Ft View Prior Sale
09/22/2022 09/22/22 Pending -- -- --
09/22/2022 09/22/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $75,000 -76.9% $73 / Sq Ft
09/20/2022 09/20/22 For Sale $325,000 -- $315 / 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 $2,962 $172,480 -- --
2023 $2,880 $167,460 $0 $0
2022 $2,800 $162,590 $0 $0
2021 $2,667 $157,860 $0 $0
2020 $2,606 $153,270 $0 $0
2019 $2,517 $148,810 $0 $0
2018 $2,461 $144,480 $0 $0
2017 $2,355 $140,280 $0 $0
2016 $2,180 $136,200 $0 $0
2015 $2,144 $132,240 $0 $0
2014 $2,074 $128,390 $0 $0
2013 -- $124,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Norma Thompson

    Ocean Side Properties LLC

    (541) 992-3271

    15 Total Sales

    Norma Thompson
    Section Image
  • Leah Michelson

    Buyer's Agent in 2022

    Leah Michelson

    Taylor & Taylor Realty Company

    (503) 929-2412

    107 Total Sales

    Leah Michelson
    Section Image
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Map

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

MLS Number: 22-2041

APN: R439947

Oregon Lincoln County Lincoln City 97367

1820 SE Oar Dr, Lincoln City, OR

Not Listed for Sale

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