NOT LISTED FOR SALE

Estimated Value: $963,000 - $1,715,000

3 Beds
4 Baths
3,334 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $1,520,000 $456 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,176/month

6 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Bonus Room
  • Cape Cod Architecture
  • Wood Flooring
  • Furnished

About This Home

As of November 2021

Exquisite oceanfront home perched high above the Pacific Ocean, with direct beach access just steps away. Panoramic ocean views can be enjoyed from every level, with high end amenities including distressed hardwood flooring, granite countertops, tile showers, and chef's kitchen with gas cooktop and stainless steel appliances. 4 car garage provides plenty of room for vehicles, with an elevator to provide easy access to all levels. Turn-key and move in ready, experience Oregon oceanfront living at it's finest. The home is elevated out of the tsunami zone in desirable Olivia Beach. Community amenities include a park, playground, seasonal pool and more. Conveniently located in SW Lincoln City near shops, restaurants and town amenities.

Last Agent to Sell the Property

Freddy Saxton

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200801080 Listed on: 09/02/2021

Last Buyer's Agent

Victoria Strauss

Martek Real Estate License #201235351

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,958

Year Built

  • Built in 2011

Lot Details

  • 3,485 Sq Ft Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-5 Residential

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,334 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Ocean Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 071122CA-2400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,958

Year Built

Built in 2011

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: From Highway 101, west on SW 32nd. Right on SW Anchor, continue ahead to property on left.
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 2011
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.08
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2400
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: 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
  • Location Tax and Other Information:Subdv ParcelLot: 2
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Foundation:Slab: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • Alarm System:Yes - Owned: Yes
  • Flooring:Tile2: Yes
  • Siding:Shingle2: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 4

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 370.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly

Lot Info

  • Parcel #: 071122CA-2400-00
  • Zoning: R-5 Residential

Tax Info

  • Tax Annual Amount: 11957.96
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2014
Sold by
Olivia Beach Llc
Bought by
Gupta Shantanu and Gupta Jacqueline A
Current Estimated Value
$1,381,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$360,817
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,020,183
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
Gupta Shantanu $655,972 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Shantanu $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $1,520,000 +6.4% $456 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,429,000 +25.9% $429 / Sq Ft
04/13/2017 04/13/17 Sold $1,135,000 -5.0% $340 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,195,000 +28.6% $358 / Sq Ft
03/30/2012 03/30/12 Sold $928,911 -29.9% $290 / Sq Ft View Prior Sale
12/07/2010 12/07/10 Pending -- -- --
03/02/2009 03/02/09 For Sale $1,325,000 -- $414 / 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 $9,381 $550,260 -- --
2023 $9,123 $534,240 $0 $0
2022 $8,868 $518,680 $0 $0
2021 $8,448 $503,580 $0 $0
2020 $8,254 $488,920 $0 $0
2019 $7,972 $474,680 $0 $0
2018 $7,793 $460,860 $0 $0
2017 $7,458 $447,440 $0 $0
2016 $6,995 $434,410 $0 $0
2015 $6,839 $421,760 $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: 21-2165

APN: R474557