NOT LISTED FOR SALE

2461 SW Anemone Ave Lincoln City, OR 97367

Estimated Value: $1,038,000 - $1,249,966

4 Beds
5 Baths
2,912 Sq Ft
$399/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $750,000 $258 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,217/month

50 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Vaulted Ceiling
  • Bonus Room

About This Home

As of August 2020

Extraordinary Opportunity on perhaps the best Ocean View lot in all of Olivia Beach. A timelessly crafted neighborhood consisting of second homes, vacation rentals and some primary residents, too! This stunning property can only be compared to our ocean front homes with its panoramic views and those sounds of the sea that soothe the soul! Huge decks & big windows see it all! One of the larger homes at Olivia Beach with warm feeling, well appointed & included furnishings. VR Zoning allowing for 365 nights a year renting ... Smart investing while enjoying your own slice of heaven.

Last Agent to Sell the Property

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 05/19/2020

Last Buyer's Agent

Nadine Hankins

Coldwell Banker Professional Group - Lincoln City License #201007056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,732

Year Built

  • Built in 2014

Lot Details

  • 6,970 Sq Ft Lot
  • Irregular Lot
  • Property is zoned VR Vacation Rental

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,912 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Olivia Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot Lot 85
  • Assessor Parcel Number 071122CA-16000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,732

Year Built

Built in 2014

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: 0.16
  • Lot Size: Irregular
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: From the intersection of SW Coast Ave, Turn West on SW Anemone Ave and it's 4 homes down... kiddy corner from the swimming pool & pocket park.
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 2014
  • 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: 6957 Sq Ft
  • General Property Description:_pound_ of Acres: 0.16
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 16000
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 4.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: Lot 85
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Siding:Shingle2: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • Miscellaneous Possession: At Closing
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

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
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • Association Fee Inclusions:Other11: Pool Gym Beach Access
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • Association Fee Inclusions:Operating Expenses: Yes

Lot Info

  • Parcel #: 071122CA-16000-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 9732.02
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Aug 12, 2020
Sold by
Yigzaw Theodros and Yigzaw Erika Petersen
Bought by
Dean Hill Jacob Alan and Dean Hill Jennifer
Seller's Agent
Suzanne Palanuk
Olivia Beach Sales
Buyer's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Current Estimated Value
$1,160,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,992
Avg. Annual Appreciation
8.58%
Original Mortgage
$510,400
Outstanding Balance
$452,761
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$708,231

Purchase Details

Closed on
Dec 22, 2014
Sold by
Olivia Beach Llc
Bought by
Yigzaw Theodros and Yigzaw Erika Petersen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,785
Interest Rate
3.92%
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
Dean Hill Jacob Alan $700,000 Western Title & Escrow
Yigzaw Theodros $518,482 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Hill Jacob Alan $510,400
Previous Owner Yigzaw Theodros $414,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $750,000 -6.1% $258 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $799,000 -- $274 / 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 $11,452 $671,730 -- --
2023 $11,136 $652,170 $0 $0
2022 $10,826 $633,180 $0 $0
2021 $10,312 $614,740 $0 $0
2020 $10,075 $596,840 $0 $0
2019 $9,732 $579,460 $0 $0
2018 $9,459 $562,590 $0 $0
2017 $9,072 $546,210 $0 $0
2016 $8,417 $530,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Suzanne Palanuk

    Olivia Beach Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Nadine Hankins

    Coldwell Banker Professional Group - Lincoln City

  • D

    Buyer Co-Listing Agent in 2020

    Dusty Hankins

    Coldwell Banker Professional Group - Lincoln City

See All Agents

Map

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

MLS Number: 20-958

APN: R529938

Oregon Lincoln County Lincoln City 97367

2461 SW Anemone Ave, Lincoln City, OR

Not Listed for Sale

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