NOT LISTED FOR SALE

1945 NE 7th Dr Lincoln City, OR 97367

Estimated Value: $559,000 - $661,000

4 Beds
2 Baths
2,406 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $200,000 $83 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $3,815/month

161 Days on Market

Highlights

  • Fireplace
  • Views
  • Level Lot
  • Attached Garage
  • Guest Parking

About This Home

As of March 2013

Beautiful duplex in central Lincoln City, lake views. Unit 1941 is vacant on a lock box for easy showing. Unit 1945 has tenants amd will require 24 hour notice for all showings. This is a short sale property and subject to 3rd party approval.

Last Agent to Sell the Property

Char Brown

Charlene Brown License #910500041 Listed on: 09/19/2012

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1997

Lot Details

  • 0.26

Home Design

  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Guest Parking

Additional Features

  • Fireplace
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,840

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1997
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, No Basement
  • Legal Description: P.P. 1996-12, PARCEL 2, ACRES 0.26, DOC200717787

Exterior Features

  • Exterior Description: Vinyl Siding
  • View: Lake, Seasonal
  • View: Yes

Garage/Parking

  • Parking Description: Attached, Guest

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: Taft
  • High School: Taft

Lot Info

  • Lot Description: Level
  • Zoning: R1-7.5

Tax Info

  • Tax Amount: 4220.63
  • Assessor Parcel Number: R507420

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.13

MLS Schools

  • Elementary School: Taft
  • High School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2012
Closed on
Feb 26, 2013
Sold by
Rose Richard E and Rose Sharrell L
Bought by
The Mcknight Family Limited Partnership
Seller's Agent
Char Brown
Charlene Brown
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%
Current Estimated Value
$610,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,681
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Oct 26, 2007
Sold by
Rose Richard E and Rose Sharrell L
Bought by
Rose Richard E and Rose Sharrell L
Source: Public Records

Range of Values:

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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
The Mcknight Family Limited Partnership $200,000 Premier Title Of Oregon
Rose Richard E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2013 03/01/13 Sold $200,000 -16.3% $83 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
09/19/2012 09/19/12 For Sale $239,000 -- $99 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,840 $340,110 -- --
2023 $5,679 $330,210 $0 $0
2022 $5,521 $320,600 $0 $0
2021 $5,260 $311,270 $0 $0
2020 $5,139 $302,210 $0 $0
2019 $4,964 $293,410 $0 $0
2018 $4,852 $284,870 $0 $0
2017 $4,644 $276,580 $0 $0
2016 $4,357 $268,530 $0 $0
2015 $4,230 $260,710 $0 $0
2014 $3,922 $242,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Char Brown

    Seller's Agent in 2013

    Char Brown

    Charlene Brown

    (541) 994-1156

    29 Total Sales

    Section Image

  • O

    Buyer's Agent in 2013

    OR and WA Non Rmls

    Non Rmls Broker

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12517076

Regional Multiple Listing Service (RMLS)

APN: R507420

Oregon Lincoln County Lincoln City 97367

1945 NE 7th Dr, Lincoln City, OR

This home is located at 1945 NE 7th Dr, Lincoln City, OR 97367 since 19 September 2012 and is currently estimated at $610,681, approximately $253 per square foot. This property was built in 1997. 1945 NE 7th Dr is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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