NOT LISTED FOR SALE

2175 NE Reef Ave Lincoln City, OR 97367

Estimated Value: $361,885 - $392,000

3 Beds
2 Baths
1,225 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $325,000 $265 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,283/month

229 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Shed
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of April 2023

Large Price Reduction! Seller Motivated! Lovely one level home with wonderful open living spaces located near so many amenities - this is one to see. Near the LC Community Center, Kirtsis Field, the Skate Park, The Beach Club, Barnacle Bills, Oceanlake Elementary oh, we can just go on and on but you get the idea - all within a stone's throw. Ok - just a bit more. Holmes Rd Park boat launch - 1 mi., Beach Access - 1/2 mi. Once inside this home you feel welcomed by the thoughtful layout of dining, kitchen, and living rooms. Generous spaces are rounded out with 3 bedrooms and 2 baths. Newer flooring installed within the last couple of years as well as other updates. Slider from the living room takes you to a lovely backyard, big enough for some play but small enough to maintain easily. May be subject to tenant landlord laws. Call listing agent for more information.

Last Agent to Sell the Property

Linda Roy

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #201205388 Listed on: 04/19/2023

Last Buyer's Agent

Linda Roy

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #201205388 Listed on: 04/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-M Residential, Multifamily

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,225 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Ocean Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071111BC-2200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,844

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: Irregular
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Lake
  • Directions: From Hwy 101 turn east onto NE 22nd to NE Reef Ave and turn south (RT) house on the right.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: One
  • Year Built: 1960
  • Attribution Contact: linda@lincolncityrealty.net
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Other, Vinyl
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Irregular Lot
  • Waterfront: No
  • Construction Type: Cedar, T1-11 Type
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071111BC-2200-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 2844.08
  • Tax Lot: 2200
  • Tax Map Number: 071111BC
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Apr 25, 2023
Sold by
Rudstrom Betty Lynne
Bought by
Cate Chelsea and Cate Jered
Seller's Agent
Linda Roy
Lincoln City Realty, LLC
Buyer's Agent
Linda Roy
Lincoln City Realty, LLC
List Price
$450,000
Sold Price
$325,000
Premium/Discount to List
-$125,000
-27.78%
Current Estimated Value
$383,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,721
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Mar 29, 2022
Sold by
Thomas And Lynne Rudstrom Living Trust
Bought by
Rudstrom Berry Lynn

Purchase Details

Listed on
Nov 27, 2018
Closed on
Mar 27, 2019
Sold by
Glaze Dennis A
Bought by
Rudstrom Thomas C and Rudstrom Lynne
Seller's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Company
Buyer's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Company
List Price
$220,000
Sold Price
$208,000
Premium/Discount to List
-$12,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Feb 15, 2013
Sold by
Glaze Dennis A and Glaze Loretta L
Bought by
Glaze Dennis A

Purchase Details

Closed on
Feb 24, 2010
Sold by
Fdic
Bought by
Jeffery Dave and Hansen Blane

Purchase Details

Closed on
May 10, 2007
Sold by
Gregory David M and Gregory Carol A
Bought by
Glaze Dennis A and Glaze Loretta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,640
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
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
Cate Chelsea $325,000 Western Title
Rudstrom Berry Lynn $103,000 None Listed On Document
Rudstrom Berry Lynn -- None Listed On Document
Rudstrom Thomas C $208,000 Western Title & Escrow
Glaze Dennis A -- None Available
Jeffery Dave $173,000 Wte
Glaze Dennis A $248,200 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glaze Dennis A $49,640
Previous Owner Glaze Dennis A $198,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $325,000 -27.8% $265 / Sq Ft
08/31/2022 08/31/22 For Sale $450,000 +116.3% $367 / Sq Ft
04/02/2019 04/02/19 Sold $208,000 -5.5% $170 / Sq Ft View Prior Sale
02/26/2019 02/26/19 Pending -- -- --
11/27/2018 11/27/18 For Sale $220,000 -- $180 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $3,207 $190,790 -- --
2024 $3,158 $185,240 -- --
2023 $3,071 $179,850 $0 $0
2022 $2,986 $174,620 $0 $0
2021 $2,844 $169,540 $0 $0
2020 $2,779 $164,610 $0 $0
2019 $2,684 $159,820 $0 $0
2018 $2,624 $155,170 $0 $0
2017 $2,511 $150,660 $0 $0
2016 $2,355 $146,280 $0 $0
2015 $2,293 $142,020 $0 $0
2014 $2,211 $137,890 $0 $0
2013 -- $136,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Roy

    Seller's Agent in 2023

    Linda Roy

    Lincoln City Realty, LLC

    (541) 992-1682

    105 Total Sales

    Linda Roy
    Section Image

  • M

    Seller's Agent in 2019

    MerryAnn Blanchard

    Taylor & Taylor Realty Company

    (541) 994-4174

    41 Total Sales

    MerryAnn Blanchard
    Section Image
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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-97216

Oregon Coast Multiple Listing Service

APN: R469576

Oregon Lincoln County Lincoln City 97367

2175 NE Reef Ave, Lincoln City, OR

Not Listed for Sale

Detached

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