NOT LISTED FOR SALE

228 SE Mast Ave Lincoln City, OR 97367

Estimated Value: $335,925 - $357,000

2 Beds
1 Bath
1,092 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $268,000 $245 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,013/month

5 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Cottage
  • RV Access or Parking
  • No HOA
  • Patio

About This Home

As of April 2021

Adorable updated cottage with views of the ocean, from downstairs and upstairs. You'll enjoy the low maintenance exterior and extensive hardscaping. Home is located out of the tsunami zone in a great, supportive community. The home features a newer roof and a bright interior that benefits from the many windows and an expansive sky light upstairs. Conveniently located near the D-River Wayside, Devils Lake, Outlet Mall, Library and grocery shopping. Comes with a lovely fireplace to sit by during the cold days, or enjoy the comfort of a heat pump. The backyard provides space for BBQs and family fun. This is a great first time home, beach getaway or rental investment.

Last Agent to Sell the Property

Arjen Sundman

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200606008 Listed on: 03/09/2021

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40 x 62.5
  • Property is zoned R-R Recreation Residential

Parking

  • RV Access or Parking

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Utility Room
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Patio

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Eagle Point Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 071114BC-700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,927

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Lot Size: 40 x 62.5
  • Lot Size Sq Ft: 2613.6
  • Road Surface Type: Paved
  • Subdivision Name: Eagle Point
  • Directions: 101, E on SE 3rd, left on SE Mast. Home is on the right
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Attribution Contact: (541) 265-2200
  • 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: None
  • General Property Description:Lot SqFt: 2500
  • General Property Description:_pound_ of Acres: 0.06
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 40 x 62.5
  • Location Tax and Other Information:Subdv ParcelLot: 15
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Siding:Wood: Yes
  • Sewer:Public2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071114BC-700-00
  • Zoning: R-R Recreation Residential

Tax Info

  • Tax Annual Amount: 1927.48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 14, 2021
Sold by
Berglowe Eric Sven and Berglowe Brittany Ann
Bought by
Winter Rian W
Seller's Agent
Arjen Sundman
Advantage Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$270,000
Sold Price
$268,000
Premium/Discount to List
-$2,000
-0.74%
Current Estimated Value
$347,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,481
Avg. Annual Appreciation
5.76%
Original Mortgage
$201,000
Outstanding Balance
$181,479
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$166,002

Purchase Details

Listed on
Jul 5, 2019
Closed on
Dec 5, 2019
Sold by
Isham Shaun L
Bought by
Berglowe Eric Sven and Berglowe Brittany Ann
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
Arjen Sundman
Advantage Real Estate
List Price
$239,900
Sold Price
$217,900
Premium/Discount to List
-$22,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%
Original Mortgage
$217,900
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
May 13, 2008
Sold by
Nast Andee A
Bought by
Isham Shaun L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,386
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
Sold by
Ryan Elizabeth Ann and Meeuwsen Elizabeth Ann
Bought by
Nast Andee A
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
Winter Rian W $268,000 Western Title & Escrow
Berglowe Eric Sven $217,900 Western Title & Escrow
Isham Shaun L $163,800 Premier Title Of Oregon
Nast Andee A $177,200 Wte
Ryan Elizabeth Ann -- Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winter Rian W $201,000
Previous Owner Berglowe Eric Sven $217,900
Previous Owner Isham Shaun L $169,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $268,000 -0.7% $245 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $270,000 +23.9% $247 / Sq Ft
12/06/2019 12/06/19 Sold $217,900 -9.2% $200 / Sq Ft View Prior Sale
10/06/2019 10/06/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $239,900 -- $220 / 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 $2,191 $128,490 -- --
2023 $2,130 $124,750 $0 $0
2022 $2,071 $121,120 $0 $0
2021 $1,973 $117,600 $0 $0
2020 $1,927 $114,180 $0 $0
2019 $1,862 $110,860 $0 $0
2018 $1,820 $107,640 $0 $0
2017 $1,742 $104,510 $0 $0
2016 $1,634 $101,470 $0 $0
2015 $1,597 $98,520 $0 $0
2014 $1,557 $95,660 $0 $0
2013 -- $92,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arjen Sundman

    Seller's Agent in 2021

    Arjen Sundman

    Advantage Real Estate

    (541) 799-1900

    44 Total Sales

    Arjen Sundman
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area

    OUT OF AREA

  • Amy Graham

    Seller's Agent in 2019

    Amy Graham

    Taylor & Taylor Realty Company

    (541) 992-1050

    385 Total Sales

    Amy Graham
    Section Image
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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 21-38

APN: R205324

Oregon Lincoln County Lincoln City 97367

228 SE Mast Ave, Lincoln City, OR

Not Listed for Sale

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