NOT LISTED FOR SALE

2450 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $1,050,000 - $1,313,000

3 Beds
4 Baths
2,859 Sq Ft
$400/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $590,840 $207 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,990/month

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Newly Remodeled
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of October 2019

Pre-sold property based on Buyers wish list for a home in Olivia Beach. Required 10% after approving a floor plan with the balance at closing expected to be summer of 2019. Built with standard options and upgrades. Better ocean view than anticipated!

Last Agent to Sell the Property

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 09/16/2018

Last Buyer's Agent

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 09/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $457

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 5,663 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
  • Concrete Siding
  • Shingle Siding

Interior Spaces

  • 2,859 Sq Ft Home
  • 3-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

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 107
  • Assessor Parcel Number 071122CA-17100

Home Details

Home Type

Single Family

Est. Annual Taxes

$457

Year Built

Built in 2018 | Newly Remodeled

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: 0.13
  • Lot Size: 5836 sq ft
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: Off Coast Ave in Olivia Beach just south of Bard Rd.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2018
  • 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: 0.13
  • Location Tax and Other Information:Tax Lot: 17100
  • 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
  • General Property Description:Lot Dimensions: 5836 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 107
  • General Property Description:Property Sub-Type: New Construction
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Siding:Shingle2: Yes
  • Alternate Heat:Gas FP Insert: Yes
  • Miscellaneous Possession: Closing
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Tile

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-17100
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 456.7
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2020
Sold by
Garcia Christopher R and Garcia Cynthia K
Bought by
Garcia Christopher R and Garcia Cynthia K
Current Estimated Value
$1,142,183

Purchase Details

Listed on
Sep 16, 2018
Closed on
Sep 27, 2019
Sold by
Olivia Beach Llc
Bought by
Garcia Christopher R and Garcia Cynthia K
Seller's Agent
Suzanne Palanuk
Olivia Beach Sales
Buyer's Agent
Suzanne Palanuk
Olivia Beach Sales
List Price
$575,000
Sold Price
$590,841
Premium/Discount to List
$15,841
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$472,673
Outstanding Balance
$414,085
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$728,098
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
Garcia Christopher R -- None Available
Garcia Christopher R $590,840 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Christopher R $472,673
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $590,841 +2.8% $207 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
09/16/2018 09/16/18 For Sale $575,000 -- $201 / 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 $10,239 $600,560 -- --
2023 $9,956 $583,070 $0 $0
2022 $9,679 $566,090 $0 $0
2021 $9,220 $549,610 $0 $0
2020 $9,008 $533,610 $0 $0
2019 $5,087 $302,910 $0 $0
2018 $477 $28,220 $0 $0
2017 $457 $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Suzanne Palanuk

    Olivia Beach Sales

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Map

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

MLS Number: 18-2470

APN: 07-11-22-CA-17100-00

Oregon Lincoln County Lincoln City 97367

2450 SW Coast Ave, Lincoln City, OR

Not Listed for Sale

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