NOT LISTED FOR SALE

2635 SW Barnacle Ave Lincoln City, OR 97367

Estimated Value: $863,000 - $1,075,000

3 Beds
4 Baths
2,392 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $470,000 $196 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,786/month

21 Days on Market

Highlights

  • Deck
  • Cottage
  • Covered Patio or Porch
  • Wood Flooring
  • Den
  • 1 Car Detached Garage

About This Home

As of July 2014

Exquisite Olivia Beach cottage offers the ultimate in coastal living. Visualize yourself relaxing on one of the many sunny decks after spending the day exploring the beach or swimming in the new ocean view pool. Prepare a meal in your gorgeous designer kitchen and later take a hot tub or sit by the fire pit. At the end of the day decide which of the 3 sublime master suites you want to rejuvenate Lovely loft style studio space over the carriage house too. This is an unrivaled ownership opportunity in the upscale community of Olivia Beach in the fabulous Nelscott District with shops, dining, live theater, 6-plex. This home has never been in the rental pool and is in like new condition.

Last Agent to Sell the Property

John Iwamura

Coldwell Banker Gesik Realty, Inc Listed on: 06/09/2014

Last Buyer's Agent

John Iwamura

Coldwell Banker Gesik Realty, Inc Listed on: 06/09/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 2008

Lot Details

  • 4,356 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R1-7.5

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Den
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

  • Olivia Beach Subdivision

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 071122CA-15100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,590

Year Built

Built in 2008

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1
  • Lot Size: Irregualr
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: S Hwy 101 to SW 29th, Right on SW Coast, Left on SW 28th, Right on SW Barnacle to address on left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 2008
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.1
  • Location Tax and Other Information:Tax Lot: 15100
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • 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:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irregualr
  • Location Tax and Other Information:Subdv ParcelLot: 53
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • DeckPatio:Covered Porch: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone, Electric
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly

Lot Info

  • Parcel #: 071122CA-15100-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 5590.09
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 8, 2014
Sold by
Neal George F and Neal Peggy J
Bought by
Matheson David S and Matheson Lynn H
Seller's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Current Estimated Value
$946,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,390
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
May 8, 2008
Sold by
Olivia Beach Llc
Bought by
Neal George F and Neal Peggy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matheson David S $470,000 Western Title & Escrow
Neal George F $565,440 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal George F $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $470,000 -6.0% $196 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $500,000 -- $209 / 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 $8,134 $477,110 -- --
2023 $7,910 $463,220 $0 $0
2022 $7,689 $449,730 $0 $0
2021 $7,325 $436,640 $0 $0
2020 $7,156 $423,930 $0 $0
2019 $6,913 $411,590 $0 $0
2018 $6,757 $399,610 $0 $0
2017 $6,467 $387,980 $0 $0
2016 $6,065 $376,680 $0 $0
2015 $5,930 $365,710 $0 $0
2014 $5,779 $355,060 $0 $0
2013 -- $344,720 $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: 14-1598

APN: R522258