NOT LISTED FOR SALE

2539 SW Coral Ave Lincoln City, OR 97367

Estimated Value: $844,000 - $1,053,000

3 Beds
3 Baths
1,800 Sq Ft
$510/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $492,173 $273 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,610/month

Highlights

  • Ocean View
  • Traditional Architecture
  • Living Room
  • Deck
  • Wood Flooring
  • Zoned Cooling

About This Home

As of August 2018

For comp purposes only. - First home Pre-Sold, prior to Phase 3 plat being recorded.

Last Agent to Sell the Property

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 12/14/2017

Last Buyer's Agent

Suzanne Palanuk

Olivia Beach Sales License #200302168 Listed on: 12/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 2018

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned R-M Residential, Multifamily

HOA Fees

  • $45 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

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 117
  • Assessor Parcel Number 071122DB-2400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,273

Year Built

Built in 2018

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size: 3495 Sq ft
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: From SW Coast Ave turn on Coral Ave.
  • Architectural Style: Traditional
  • Garage Yn: No
  • 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: 0.09
  • Location Tax and Other Information:Tax Lot: 2300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • 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: 3495 Sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 117
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: 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: Slab
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 135.0
  • Association Fee Frequency: Quarterly
  • Phone: 503-670-8111
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: Management Trust
  • CondoAssociation:Assoc Contact Phone: 503-670-8111

Lot Info

  • Parcel #: 071122DB-2400-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Aug 29, 2018
Sold by
Olivia Beach Llc
Bought by
Monarrez Zach and Monarrez Erica
Seller's Agent
Suzanne Palanuk
Olivia Beach Sales
Buyer's Agent
Suzanne Palanuk
Olivia Beach Sales
List Price
$469,000
Sold Price
$492,173
Premium/Discount to List
$23,173
4.94%
Current Estimated Value
$917,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,141
Avg. Annual Appreciation
8.60%
Original Mortgage
$389,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Monarrez Zach $492,173 Westernt Title & Escrwo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monarrez Zachery $539,000
Closed Monarrez Zach $170,100
Closed Monarrez Eric $362,000
Closed Monarrez Zach $389,000
Previous Owner Olivia Beach Llc $371,434
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $492,173 +4.9% $273 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $469,000 -- $261 / 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 $7,273 $426,620 -- --
2023 $7,073 $414,200 $0 $0
2022 $6,876 $402,140 $0 $0
2021 $6,550 $390,430 $0 $0
2020 $6,399 $379,060 $0 $0
2019 $6,181 $368,020 $0 $0
2018 $1,170 $69,190 $0 $0
2017 $402 $24,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Suzanne Palanuk

    Olivia Beach Sales

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Map

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

MLS Number: 17-2706

APN: 07-11-22-CA-18300-00

Oregon Lincoln County Lincoln City 97367

2539 SW Coral Ave, Lincoln City, OR

This home is located at 2539 SW Coral Ave, Lincoln City, OR 97367 since 14 December 2017 and is currently estimated at $917,314, approximately $509 per square foot. This property was built in 2018. 2539 SW Coral Ave is a home with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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