NOT LISTED FOR SALE

2433 SW Dune Ave Lincoln City, OR 97367

Estimated Value: $956,000 - $1,098,000

3 Beds
3 Baths
1,704 Sq Ft
$602/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $1,020,000 $599 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,114/month

31 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Vaulted Ceiling
  • Furnished

About This Home

As of August 2022

Exclusive, private & peaceful Cape Cod Style home. Amazing ocean views from almost every window. Luxurious accommodations -single owner, never-rented custom home located in the newest addition to Olivia Beach. Outside Flood & Tsunami Zones - Inside VR Zone. This handsome residence is set back from the road & set towards the view. A private carriage house bedroom could double as a perfect home office. Gourmet open kitchen, beachy & informal, free-flowing open interior w/ high-end finishes. Gorgeous fireplace in the living room & master bedroom. Both beds feature en-suite baths. Lots of built-in storage. Expansive wrap-around deck surrounds the home for entertaining high above Olivia Beach Park & beautiful neighborhood w/ amazing views of the vast Pacific. High ceilings, hardwood floors, beautiful workmanship throughout. Lots of natural light. Offered furnished, list of excluded items on file. Buyer due diligence with City of Lincoln City Planning Department for VR license requirements.

Last Agent to Sell the Property

Sarah Johnson

Taylor & Taylor Realty Company License #201212037 Listed on: 07/02/2022

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 2015

Lot Details

  • 6,534 Sq Ft Lot
  • Irregular Lot
  • Property is zoned VR Vacation Rental

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Shingle Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Association fees include insurance, security
  • Joel Mcdonnel Association, Phone Number (503) 233-0300
  • Secondary HOA Phone (503) 233-0300
  • Olivia Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot REPLAT1,2,3&4: LOT 4
  • Assessor Parcel Number 071122DB-3400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,050

Year Built

Built in 2015

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: Highway 101 West on SW 32nd. SW Coast to SW Bard. Right on SW Dune. No Sign. Appointment required.
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 2015
  • 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: Ocean
  • General Property Description:Lot SqFt: 6534
  • General Property Description:_pound_ of Acres: 0.15
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 3400
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Gas
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: REPLAT1,2,3&4: LOT 4
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Siding:Shingle2: Yes
  • Ceiling:Beam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • 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: 450.0
  • Association Fee Frequency: Quarterly
  • Phone: 503-233-0300
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: Joel McDonnel
  • CondoAssociation:Assoc Contact Phone: (503)233-0300
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Security2: Yes

Fee Information

  • Association Fee Includes: Insurance, Security

Lot Info

  • Parcel #: 071122DB-3400-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 6050.16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Aug 20, 2022
Sold by
Linneman David K
Bought by
Gardner Jason H
Seller's Agent
Sarah Johnson
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$1,200,000
Sold Price
$1,020,000
Premium/Discount to List
-$180,000
-15%
Current Estimated Value
$1,026,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,439
Avg. Annual Appreciation
0.19%
Original Mortgage
$714,000
Outstanding Balance
$681,465
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$344,974

Purchase Details

Closed on
Oct 19, 2015
Sold by
Olivia Beach Llc
Bought by
Linneman David K and Linneman Jody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,889
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Gardner Jason H -- Fidelity National Title
Linneman David K $391,112 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Jason H $714,000
Previous Owner Linneman David K $312,889
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $1,020,000 -15.0% $599 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $1,200,000 -- $704 / 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 $6,719 $394,080 -- --
2023 $6,533 $382,610 $0 $0
2022 $6,351 $371,470 $0 $0
2021 $6,050 $360,660 $0 $0
2020 $5,911 $350,160 $0 $0
2019 $5,710 $339,970 $0 $0
2018 $5,581 $330,070 $0 $0
2017 $5,342 $320,460 $0 $0
2016 $5,010 $311,130 $0 $0
2015 $1,504 $92,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Johnson

    Seller's Agent in 2022

    Sarah Johnson

    Taylor & Taylor Realty Company

    (541) 921-9236

    160 Total Sales

    Sarah Johnson
    Section Image

  • O

    Buyer's Agent in 2022

    Out of Area

    OUT OF AREA

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Map

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

MLS Number: 22-1400

APN: R529925

Oregon Lincoln County Lincoln City 97367

2433 SW Dune Ave, Lincoln City, OR

Not Listed for Sale

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