NOT LISTED FOR SALE

1921 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $570,000 - $762,000

5 Beds
3 Baths
1,764 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $225,000 $128 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $4,298/month

38 Days on Market

Highlights

  • Ocean Front
  • Fireplace
  • Forced Air Heating System
  • No HOA
  • 3 Car Attached Garage
  • Carpet

About This Home

As of August 2015

Enjoy the panoramic ocean views and sunsets from this Ocean front tri-plex in SW Lincoln City. 5 bedrooms, 3 baths, 3 garages. Fresh paint, carpet and move-in ready. Live in one and rent out the other 2 units or use for extended family. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. No offer can be considered and will be rejected without the signed property disclosure.

Last Agent to Sell the Property

Mary McDonald

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #971000044 Listed on: 05/31/2015

Last Buyer's Agent

Feather Hryczyk

Coldwell Banker Gesik Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front

Home Design

  • Triplex
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces

Utilities

  • Forced Air Heating System
  • Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Nelscott Crest Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 25
  • Assessor Parcel Number 071122BA-1900-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.11
  • Lot Size: Irregular
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Crest
  • Directions: From HWY 101, take SW 29th or SW Bard to SW Coast. North on SW Coast to the address on the ocean front.
  • Architectural Style: Tri-Plex
  • Garage Yn: Yes
  • Year Built: 1950
  • Attribution Contact: linda@lincolncityrealty.net
  • 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: 0.11
  • Location Tax and Other Information:Tax Lot: 1900
  • General Property Description:Total Bedrooms: 5
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Tri-Plex
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 25
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Concrete Composite: Yes
  • HeatingCooling:Forced Air - Gas: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 5
  • Flooring: Carpet, Vinyl

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3
  • External Features:Parking Spaces: 4.0

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City Property

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071122BA-1900-00
  • Zoning: R-5 Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5891.87
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Erik Greene David
Bought by
Greene David and Lachner Amber
Current Estimated Value
$685,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,332
Outstanding Balance
$435,537
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$249,553

Purchase Details

Listed on
May 31, 2015
Closed on
Jul 21, 2015
Sold by
Us Bank National Association
Bought by
Greene David Erik and Greene Amber Justine
Seller's Agent
Mary McDonald
Lincoln City Realty, LLC
Buyer's Agent
Feather Hryczyk
Coldwell Banker Gesik Realty, Inc
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Feb 18, 2014
Sold by
Dutsch Ness Inc
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 13, 2009
Sold by
Balswick Damon
Bought by
Dutch Ness Inc

Purchase Details

Closed on
Dec 14, 2008
Sold by
White Sand Property Investments Llc
Bought by
Balswick Damon

Purchase Details

Closed on
Apr 25, 2006
Sold by
Balswick Damon
Bought by
White Sand Property Investments Llc and Harbor Nw Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
9.81%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 24, 2006
Sold by
Cogdill Russell E
Bought by
Balswick Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
9.81%
Mortgage Type
Balloon
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
Greene David -- First American Title
Greene David Erik $225,000 Wte
Us Bank National Association $437,000 Wte
Dutch Ness Inc $599,000 None Available
Dutch Ness Inc $599,000 None Available
Balswick Damon -- Pto
White Sand Property Investments Llc -- First American Title Ins Co
Balswick Damon $820,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene David $445,332
Previous Owner Balswick Damon $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2015 08/13/15 Sold $225,000 -21.1% $128 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $285,000 -- $162 / 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 $8,293 $486,420 -- --
2023 $8,064 $472,260 $0 $0
2022 $7,839 $458,510 $0 $0
2021 $7,468 $445,160 $0 $0
2020 $7,296 $432,200 $0 $0
2019 $7,048 $419,620 $0 $0
2018 $6,889 $407,400 $0 $0
2017 $6,593 $395,540 $0 $0
2016 $6,184 $384,020 $0 $0
2015 $6,045 $372,840 $0 $0
2013 -- $351,450 $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: 15-1565

APN: R271460