NOT LISTED FOR SALE

2603 SW Barnacle Ave Lincoln City, OR 97367

Estimated Value: $885,119 - $1,038,000

3 Beds
4 Baths
2,122 Sq Ft
$450/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $799,000 $377 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,798/month

12 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Park or Greenbelt View
  • Covered Patio or Porch

About This Home

As of December 2021

Olivia Beach! This beautiful home features hard wood floors on the main level. You will also be delighted with the 2 bedrooms on the main floor. The kitchen has a 2 level granite eating bar with gas cook peninsula. This property also features a low ceiling wine cellar that holds 2000 bottles of wine that will be accessible for viewing upon accepted offer. the entire upper level is a large master suite with 2 walk in closets, large master bath and sitting area. Enjoy the covered back deck that also features a built in Hot Tub, natural gas grill, hot/cold shower and just steps to the large 2 room carriage house. The carriage house features a beautifully unique vaulted ceiling and a full bath. This private home has coastal accents of natural cedar shake siding. Most furnishings could be included with an acceptable offer. This property is also located in the coveted VR Zone allowing vacation rental as an outright use in the ever more restricted areas of Lincoln County. Come and bring your clients to view this beautiful home as this beauty won't last long.

Last Agent to Sell the Property

Cynthia Dillon

Taylor & Taylor Realty Company License #201225348 Listed on: 11/08/2021

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 2007

Lot Details

  • 3,920 Sq Ft Lot
  • Irregular Lot
  • Property is zoned VR Vacation Rental

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,122 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Bonus Room
  • Utility Room
  • Park or Greenbelt Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating Available
  • Furnace
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

  • Association fees include insurance
  • Joel Mcdonell Association, Phone Number (503) 445-1211
  • Secondary HOA Phone (503) 445-1211
  • Olivia Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 071122CA-15300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,540

Year Built

Built in 2007

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: 0.09
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: Highway 101, west on SW 29th, right on SW Coast, left on SW Barnacle to property
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Park
  • General Property Description:Secondary View: Park
  • General Property Description:Lot SqFt: 3994
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 15300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 55
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Tankless
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Miscellaneous:ADU Accessory Dwelling Unit: Carriage House
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • 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: Park
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Electric Wall Furn
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Wall Furn: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Phone: 503-445-1211
  • 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:Other11: Pool
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: Joel McDonell
  • CondoAssociation:Assoc Contact Phone: 503.445.1211

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 071122CA-15300-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 6540.12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 28, 2021
Sold by
Carriuolo Victoria
Bought by
Mckennon Deborah R
Seller's Agent
Cynthia Dillon
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$795,000
Sold Price
$799,000
Premium/Discount to List
$4,000
0.5%
Current Estimated Value
$955,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,030
Avg. Annual Appreciation
4.68%
Original Mortgage
$455,000
Outstanding Balance
$419,339
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$535,691

Purchase Details

Listed on
Apr 11, 2018
Closed on
Aug 29, 2018
Sold by
Silkowski Christopher D and Moore Gale B
Bought by
Carriuolo Victoria
Seller's Agent
Debra Williams
Taylor & Taylor Realty Company
Buyer's Agent
Cynthia Dillon
Taylor & Taylor Realty Company
List Price
$528,876
Sold Price
$499,900
Premium/Discount to List
-$28,976
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%

Purchase Details

Closed on
Jan 17, 2008
Sold by
Olivia Beach Llc
Bought by
Silkowski Christopher D and Moore Gale B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,800
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckennon Deborah R $799,000 Lawyers Title
Carriuolo Victoria $499,900 Western Title & Escrow
Silkowski Christopher D $478,550 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckennon Deborah R $455,000
Previous Owner Silkowski Christopher D $382,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $799,000 +0.5% $377 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $795,000 +59.0% $375 / Sq Ft
08/30/2018 08/30/18 Sold $499,900 -5.5% $236 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $528,876 -- $249 / 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 $7,434 $436,040 -- --
2023 $7,229 $423,340 $0 $0
2022 $7,027 $411,010 $0 $0
2021 $6,694 $399,040 $0 $0
2020 $6,540 $387,420 $0 $0
2019 $6,317 $376,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 21-2599

APN: R522260