$870,000
SOLD DEC 26, 2024

1956 NW 51st St Lincoln City, OR 97367

3 Beds
3 Baths
2,429 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$358 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Covered Patio or Porch
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2024

This custom-built 3-bedroom, 3-bathroom home in Lincoln City's Roads End neighborhood boasts stunning panoramic ocean views. Enjoy luxurious finishes and a welcoming main living area featuring a gas fireplace and large windows that frame the Pacific. The kitchen is a chef's dream with quartz countertops, ample cabinetry, an oversized island, and stainless steel appliances. Two spacious living areas offer plenty of room for relaxation and entertaining. Each of the two master bedrooms includes an en-suite bathroom, with a walk-in closet upstairs. Plus, there are convenient laundry areas on both levels. Step outside to two ocean view decks, perfect for soaking up the sun and enjoying the fresh sea breeze. Located near Lincoln City's beautiful beaches, hiking trails, and local shops, this home is ideal as a permanent residence, vacation getaway, or investment property. Don't miss outschedule your showing today and start living the coastal lifestyle you've always dreamed of!

Last Agent to Sell the Property

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 10/08/2024

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Marin Bova

Coldwell Banker Professional Group - Lincoln City License #201249614

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,307

Year Built

  • Built in 2021

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-1-RE Residential (Roads End)

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,429 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Fridge/Washer/Dryer
  • Tax Lot 1
  • Assessor Parcel Number 061135CC-1903-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,307

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Exclusions: Fridge/Washer/Dryer
  • Subdivision Name: N/A
  • Directions: Highway 101 to Logan . Logan Rd West to to NW 51st. Left on 51st. House is on the left hand side, see sign.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2021
  • 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: Ocean
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1903
  • 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: Yes
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Miscellaneous Exclusions: Fridge/Washer/Dryer
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061135CC-1903-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 8306.73
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Dec 18, 2024
Sold by
Wilson Eric Jay and Payack Eileen L
Bought by
Hair Michael and Hair Jennifer L
Seller's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Marin Bova
Coldwell Banker Professional Group - Lincoln City
List Price
$975,000
Sold Price
$870,000
Premium/Discount to List
-$105,000
-10.77%
Views
51
Current Estimated Value
$889,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,208
Avg. Annual Appreciation
2.64%
Original Mortgage
$100,000
Outstanding Balance
$97,555
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$788,439

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 17, 2021
Sold by
Pacific Interiors Inc
Bought by
Payack Eileen L and Wilson Eric Jay
Seller's Agent
Dave Davis
EXP REALTY, LLC
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$400,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2019
Sold by
Mahoney Robert H and Mahoney Elaine
Bought by
Pacific Interiors Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Western Title
Warranty Deed -- Western Title
Warranty Deed $85,000 First American
Warranty Deed $105,000 Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Closed $100,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $750,000 Unknown
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Sold $870,000 -2.0% $358 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $887,400 -4.1% $365 / Sq Ft
11/04/2024 11/04/24 Price Changed $925,000 -1.6% $381 / Sq Ft
10/23/2024 10/23/24 Price Changed $940,000 -3.6% $387 / Sq Ft
10/08/2024 10/08/24 For Sale $975,000 +14.7% $401 / Sq Ft
09/20/2021 09/20/21 Sold $850,000 0.0% $348 / Sq Ft
09/20/2021 09/20/21 Sold $850,000 0.0% $348 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/31/2021 07/31/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $850,000 0.0% $348 / Sq Ft
03/22/2021 03/22/21 For Sale $850,000 -- $348 / 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 $8,542 $504,840 -- --
2023 $8,307 $490,140 $0 $0
2022 $8,075 $475,870 $0 $0
2021 $2,397 $143,990 $0 $0
2020 $1,005 $60,010 $0 $0
2019 $1,048 $62,900 $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: 24-2223

APN: 06-11-35-CC-01903-00