NOT LISTED FOR SALE

2415 SW Coral Ave Lincoln City, OR 97367

Estimated Value: $925,000 - $1,185,000

3 Beds
4 Baths
2,133 Sq Ft
$494/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $599,961 $281 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,554/month

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • New Construction
  • Traditional Architecture
  • Bonus Room

About This Home

As of October 2019

For Comparable Purposes only. Pre-sold, designed & priced for the client.

Last Agent to Sell the Property

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 09/10/2019

Last Buyer's Agent

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 09/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $435

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned VR Vacation Rental

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,133 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • Management Trust Association, Phone Number (503) 670-8111
  • Secondary HOA Phone (503) 670-8111
  • Olivia Beach Subdivision

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 071122CA-17600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$435

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1
  • Lot Size: 4118 sq ft
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: First home on SW Coral Ave, off SW Coast Ave, across the street from SW Anemone Ave & the Olivia Beach swimming pool.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2019
  • 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:_pound_ of Acres: 0.1
  • Location Tax and Other Information:Tax Lot: 17600
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 4118 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 110
  • General Property Description:Property Sub-Type: New Construction
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Shingle2: Yes
  • Miscellaneous Possession: Closing
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Slab
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 370.0
  • Association Fee Frequency: Quarterly
  • Phone: 503-670-8111
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: Management Trust
  • CondoAssociation:Assoc Contact Phone: 503-670-8111

Lot Info

  • Parcel #: 071122CA-17600-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 434.75
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Johnson Joel T and Johnson Heidi R
Bought by
Johnson Family Living Trust and Johnson
Current Estimated Value
$1,053,446

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 23, 2019
Sold by
Olivia Beach Llc
Bought by
Johnson Joel T and Johnson Heidi R
Seller's Agent
Suzanne Palanuk
Olivia Beach Sales
Buyer's Agent
Suzanne Palanuk
Olivia Beach Sales
List Price
$580,000
Sold Price
$599,962
Premium/Discount to List
$19,962
3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$425,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2018
Sold by
Olivia Beach Construction Company Llc
Bought by
Olivia Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,434
Interest Rate
4.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Johnson Family Living Trust -- None Listed On Document
Johnson Joel T $599,961 Ticor Title Company Of Or
Olivia Beach Llc -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Joel T $463,700
Previous Owner Johnson Joel T $425,200
Previous Owner Olivia Beach Llc $809,434
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $599,962 +3.4% $281 / Sq Ft
09/10/2019 09/10/19 For Sale $580,000 -- $272 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
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 $8,820 $517,360 -- --
2023 $8,577 $502,300 $0 $0
2022 $8,338 $487,670 $0 $0
2021 $7,943 $473,470 $0 $0
2020 $7,760 $459,680 $0 $0
2019 $2,378 $141,600 $0 $0
2018 $435 $25,710 $0 $0
2017 $416 $24,970 $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: 19-2375

APN: 07-11-22-CA-17600-00