NOT LISTED FOR SALE

2185 NE Reef Ave Lincoln City, OR 97367

Estimated Value: $425,000 - $572,000

3 Beds
2 Baths
1,158 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $337,500 $291 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,681/month

7 Days on Market

Highlights

  • Valley View
  • No HOA
  • Family Room
  • Wood Flooring
  • Cottage
  • Heating Available

About This Home

As of October 2020

This home is located at 2185 NE Reef Ave, Lincoln City, OR 97367 since 25 August 2020 and is currently estimated at $469,105, approximately $405 per square foot. This property was built in 1960. 2185 NE Reef Ave is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

Last Agent to Sell the Property

Shelly Rath

Premiere Property Group, LLC License #200705335 Listed on: 08/25/2020

Premiere Property Group, LLC

Last Buyer's Agent

Judith Vial

Coldwell Banker Professional Group - Lincoln City License #201231547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned R-M Residential, Multifamily

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1,158 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Wood Flooring
  • Valley Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Ocean Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071111BC-2100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,173

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Lake
  • Directions: Hwy 101 in Lincoln City, East on NE 22nd St, Right on NE Reef Ave. Property on Right
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Unit Levels: One
  • Year Built Details: Remodeled
  • Year Built: 1960
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood

Exterior Features

  • View: Valley
  • Waterfront: No
  • Construction Type: Wood Siding, Cedar, Lap Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071111BC-2100-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 2172.94
  • Tax Lot: 2100
  • Tax Map Number: 071111BC
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 12, 2020
Sold by
Cantor Carlo
Bought by
Elwood John E
Seller's Agent
Shelly Rath
Premiere Property Group, LLC
Buyer's Agent
Judith Vial
Coldwell Banker Professional Group - Lincoln City
List Price
$350,000
Sold Price
$337,500
Premium/Discount to List
-$12,500
-3.57%
Current Estimated Value
$469,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,605
Avg. Annual Appreciation
6.56%
Original Mortgage
$237,500
Outstanding Balance
$210,286
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$258,819

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 15, 2018
Sold by
Bodle Darryl
Bought by
Cantor Carlo
Seller's Agent
Darryl Bodle
Keller Williams Portland Premiere, McMinnville
Buyer's Agent
Rebecca Kirkendall
CENTURY 21 Shorepine Properties
List Price
$349,900
Sold Price
$293,000
Premium/Discount to List
-$56,900
-16.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$287,693
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2017
Closed on
Mar 7, 2017
Sold by
Bank Of New York Mellon
Bought by
Bodle Darryl
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
Fallback agent
Fall Back Office
List Price
$95,999
Sold Price
$107,400
Premium/Discount to List
$11,401
11.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.76%

Purchase Details

Closed on
Aug 9, 2016
Sold by
Mumma Mark W and Mumma Leslie H
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Elwood John E $337,500 Lawyers Title Of Oregon Llc
Cantor Carlo $293,000 Fidelity National Title
Bodle Darryl $107,400 Wte
The Bank Of New York Mellon $133,528 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwood John E $237,500
Previous Owner Cantor Carlo $287,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $337,500 -3.6% $291 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $350,000 +19.5% $302 / Sq Ft
08/17/2018 08/17/18 Sold $293,000 -16.3% $253 / Sq Ft View Prior Sale
08/10/2018 08/10/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $349,900 +225.8% $302 / Sq Ft
03/10/2017 03/10/17 Sold $107,400 +11.9% $93 / Sq Ft View Prior Sale
03/03/2017 03/03/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $95,999 -- $83 / 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 $2,597 $154,450 -- --
2024 $2,557 $149,960 -- --
2023 $2,486 $145,600 $0 $0
2022 $2,417 $141,360 $0 $0
2021 $2,302 $137,250 $0 $0
2020 $2,250 $133,260 $0 $0
2019 $2,173 $129,380 $0 $0
2018 $2,124 $125,620 $0 $0
2017 $2,033 $121,970 $0 $0
2016 $1,907 $118,420 $0 $0
2015 $1,864 $114,980 $0 $0
2014 $1,807 $111,640 $0 $0
2013 -- $108,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-91600

Oregon Coast Multiple Listing Service

APN: R467194