NOT LISTED FOR SALE

2447 SW Driftwood Ln Lincoln City, OR 97367

Estimated Value: $925,000 - $1,010,000

3 Beds
4 Baths
2,167 Sq Ft
$442/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $595,312 $275 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,833/month

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • New Construction
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of January 2021

For comp purposes only. Designed & priced for the Buyer.

Last Agent to Sell the Property

Suzanne Palanuk

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

Last Buyer's Agent

Amy Graham

Taylor & Taylor Realty Company License #200310128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 2020 | New Construction

Lot Details

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

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,167 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining 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
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 071122CA-16300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 2020 | 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: 4750
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: 5 lots down on Driftwood Lane. Cross St is SW Bard Rd
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2020
  • 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
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 16300
  • 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: Daylight
  • 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:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 4750
  • Location Tax and Other Information:Subdv ParcelLot: 97
  • 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: Slab
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

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-16300-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 450.48
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Gray Eric and Gray Audrey
Bought by
Eric Gray And Audrey Gray Family Trust
Current Estimated Value
$956,845

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 12, 2021
Sold by
Olivia Beach Llc
Bought by
Gray Eric and Gray Audrey
Seller's Agent
Suzanne Palanuk
Olivia Beach Sales
Buyer's Agent
Amy Graham
Taylor & Taylor Realty Company
List Price
$449,000
Sold Price
$595,312
Premium/Discount to List
$146,312
32.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$446,484
Interest Rate
2.71%
Mortgage Type
New Conventional
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
Eric Gray And Audrey Gray Family Trust -- --
Gray Eric $595,312 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Eric $446,484
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $595,312 +32.6% $275 / Sq Ft
10/10/2019 10/10/19 For Sale $449,000 -- $207 / Sq Ft
10/08/2019 10/08/19 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 $8,065 $473,070 -- --
2023 $7,843 $459,300 $0 $0
2022 $7,624 $445,930 $0 $0
2021 $6,715 $400,300 $0 $0
2020 $477 $28,250 $0 $0
2019 $461 $27,430 $0 $0
2018 $450 $26,640 $0 $0
2017 $431 $25,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suzanne Palanuk

    Olivia Beach Sales

    Section Image
  • Amy Graham

    Buyer's Agent in 2021

    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: 19-2381

APN: 07-11-22-CA-16300-00

Oregon Lincoln County Lincoln City 97367

2447 SW Driftwood Ln, Lincoln City, OR

Not Listed for Sale

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