NOT LISTED FOR SALE

2704 SW Beach Ave Lincoln City, OR 97367

Estimated Value: $424,000 - $488,000

2 Beds
2 Baths
792 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $415,000 $524 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,556/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Heating Available
  • No HOA
  • Bungalow
  • Gas Fireplace

About This Home

As of July 2022

Located across the street from the Olivia Beach community and a short stroll to walk out beach access, this adorable little cottage can bring your beach house dream to life. Master bedroom on the main floor, second bedroom upstairs with a window you can hear the ocean from. Close to shops and restaurants, the Lincoln City life is at your fingertips. Plus, watch the sunset from up high, 5 minutes from your front door.

Last Agent to Sell the Property

EMMA KLINE

Keller Williams Capital City, Salem License #200308250 Listed on: 06/01/2022

Keller Williams Capital City, Salem

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Concrete Siding
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 792 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Sylvan Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 071122CA-5000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Subdivision Name: Sylvan
  • Directions: Take OR 18W to SW 29th St in Lincoln City. Follow SW 29th St and SW Coast Ave to SW Beach Ave.
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1948
  • 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:Lot SqFt: 5297
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5000
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Bungalow
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 6
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Siding:Concrete Composite: Yes
  • Siding:Shingle2: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Foundation Other: Yes

Exterior Features

  • View: None
  • Foundation Details: Other
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Other
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Other - Heat: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071122CA-5000-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 2356.61
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 7, 2022
Sold by
Jennifer Lathrop
Bought by
Mun Jeannie and Simon Young Sook
Seller's Agent
EMMA KLINE
Keller Williams Capital City, Salem
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$385,000
Sold Price
$415,000
Premium/Discount to List
$30,000
7.79%
Current Estimated Value
$444,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,213
Avg. Annual Appreciation
2.01%
Original Mortgage
$290,500
Outstanding Balance
$276,650
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$167,563

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 15, 2019
Sold by
Erickson Michael R and Shimek Barbara C
Bought by
Lathrop Jennifer
Seller's Agent
TAMMY EHRENFELT
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Emma Kline
JKI Realty
List Price
$252,500
Sold Price
$260,000
Premium/Discount to List
$7,500
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%
Original Mortgage
$219,797
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 17, 2015
Sold by
Stites Dale B and Stites Mary Diane
Bought by
Erickson Michael R and Shimek Barbara S
Seller's Agent
Debra Williams
Taylor & Taylor Realty Company
Buyer's Agent
Tammy Ehrenfelt
Coldwell Banker Gesik Realty, Inc
List Price
$194,876
Sold Price
$190,000
Premium/Discount to List
-$4,876
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$152,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mun Jeannie $415,000 First American Title
Lathrop Jennifer $260,000 First American
Erickson Michael R $190,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mun Jeannie $290,500
Previous Owner Lathrop Jennifer $219,797
Previous Owner Erickson Michael R $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $415,000 +7.8% $524 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $385,000 +48.1% $486 / Sq Ft
05/16/2019 05/16/19 Sold $260,000 +3.0% $328 / Sq Ft View Prior Sale
03/29/2019 03/29/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $252,500 +32.9% $319 / Sq Ft
08/24/2015 08/24/15 Sold $190,000 -2.5% $203 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $194,876 -- $208 / 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 $2,617 $153,500 -- --
2023 $2,545 $149,030 $0 $0
2022 $2,474 $144,690 $0 $0
2021 $2,357 $140,480 $0 $0
2020 $2,302 $136,390 $0 $0
2019 $2,224 $132,420 $0 $0
2018 $2,174 $128,570 $0 $0
2017 $2,081 $124,830 $0 $0
2016 $1,952 $121,200 $0 $0
2015 $1,908 $117,670 $0 $0
2014 $1,860 $114,250 $0 $0
2013 -- $110,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    EMMA KLINE

    Keller Williams Capital City, Salem

    (503) 930-0234

    41 Total Sales

    EMMA KLINE
    Section Image

  • O

    Buyer's Agent in 2022

    Out of Area

    OUT OF AREA

  • TAMMY EHRENFELT

    Seller's Agent in 2019

    TAMMY EHRENFELT

    Coldwell Banker Professional Group - Lincoln City

    (541) 992-5111

    111 Total Sales

    TAMMY EHRENFELT
    Section Image
  • Debra Williams

    Seller's Agent in 2015

    Debra Williams

    Taylor & Taylor Realty Company

    (503) 544-1190

    151 Total Sales

    Debra Williams
    Section Image
See All Agents

Map

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

MLS Number: 22-1098

APN: R32608

Oregon Lincoln County Lincoln City 97367

2704 SW Beach Ave, Lincoln City, OR

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes