NOT LISTED FOR SALE

2204 SE Highway 101 Lincoln City, OR 97367

Estimated Value: $195,000 - $968,000

0.73 Acre
$687,362 Price per Acre
31,799 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $190,000

Est. 164% increase in value since last sale

Current estimated payment $2,939/month

30 Days on Market

About This Lot

As of February 2022

MOTIVATED SELLER! PRICED TO SELL!
Planned Industrial zoned Central and highly visible .73 AC parcel 300x110 in SE Lincoln City – 110 feet of Hwy frontage. The front approx. 137 feet is zoned GC and the rear approx. 160 feet is zoned PI. Many uses permitted in the GC zone including Convenience Stores, Restaurants, Motels and resorts, etc. Under the PI zone Permitted uses include Automobile, truck or trailer sales and repair, Kennels. All utilities are on the property.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 07/15/2021

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Shelli Neal

Realty One Group At the Beach, License #201220482

Realty One Group At the Beach,

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,033

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 110x300
  • Property fronts a highway
  • Sloped Lot
  • Property is zoned PI - Planned Industrial

Outdoor Features

  • Electricity Available at Street

Utilities

  • Gas Available at Street
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 071122AD-1700-00

Property Details

Property Type

Land

Est. Annual Taxes

$3,033

Lot Details

0

Listing Details

  • Property Sub Type: Land - Commercial
  • Prop. Type: Land-Commercial
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.73
  • Lot Size: 110X300
  • Lot Size Sq Ft: 31798.8
  • Road Surface Type: Paved
  • Directions: Highway 101 to address. See sign.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 31,798.8
  • General Property Description:_pound_ of Acres: 0.73
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1700
  • Miscellaneous Survey: Yes
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • Septic:Sewer: Yes
  • General Property Description:Lot Dimensions: 110X300
  • Location Tax and Other Information:Subdv ParcelLot: N/A
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Water Source: At Street

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071122AD-1700-00
  • Zoning: PI - Planned Industrial

Tax Info

  • Tax Annual Amount: 3033.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Feb 2, 2022
Sold by
Allen Clark Jacob
Bought by
Tyler S Torrance Llc
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Shelli Neal
Realty One Group At the Beach,
List Price
$462,600
Sold Price
$190,000
Premium/Discount to List
-$272,600
-58.93%
Current Estimated Value
$501,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,774
Avg. Annual Appreciation
28.86%

Purchase Details

Listed on
Dec 29, 2018
Closed on
Jun 14, 2019
Sold by
Albrich William L and Estate Of Helen Youngberg
Bought by
Clark Jacob Allen and Thomas Jason R
Seller's Agent
Camilla Arlit
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$299,000
Sold Price
$175,000
Premium/Discount to List
-$124,000
-41.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$143,250
Interest Rate
4.1%
Mortgage Type
Commercial
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
Tyler S Torrance Llc $95,000 Lawyers Title
Clark Jacob Allen $175,000 Lawyers Title Of Oregon Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Jacob Allen $143,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2022 02/02/22 Sold $190,000 0.0% --
02/02/2022 02/02/22 Sold $190,000 -5.0% -- View Prior Sale
08/14/2021 08/14/21 Pending -- -- --
08/14/2021 08/14/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $200,000 -56.8% --
07/15/2021 07/15/21 For Sale $462,600 +131.3% --
06/26/2021 06/26/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $200,000 +5.3% --
06/01/2021 06/01/21 Off Market $190,000 -- --
04/28/2021 04/28/21 For Sale $200,000 0.0% --
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $200,000 +5.3% --
11/01/2020 11/01/20 Off Market $190,000 -- --
09/03/2020 09/03/20 For Sale $200,000 0.0% --
08/19/2020 08/19/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $200,000 -20.0% --
05/28/2020 05/28/20 Price Changed $250,000 -33.3% --
05/11/2020 05/11/20 Price Changed $375,000 -6.0% --
03/06/2020 03/06/20 Price Changed $399,000 -13.7% --
11/18/2019 11/18/19 Price Changed $462,600 +0.1% --
11/15/2019 11/15/19 For Sale $462,000 +164.0% --
06/14/2019 06/14/19 Sold $175,000 -41.5% -- View Prior Sale
05/13/2019 05/13/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $299,000 -- --
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 $3,569 $209,350 -- --
2023 $3,471 $203,260 $0 $0
2022 $3,374 $197,340 $0 $0
2021 $3,214 $191,600 $0 $0
2020 $3,140 $186,020 $0 $0
2019 $3,033 $180,610 $0 $0
2018 $2,965 $175,350 $0 $0
2017 $2,838 $170,250 $0 $0
2016 $2,662 $165,300 $0 $0
2015 $2,602 $160,490 $0 $0
2014 $2,536 $155,820 $0 $0
2013 -- $151,290 $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: 19-2766

APN: R186666