NOT LISTED FOR SALE

2719 NE Holmes Rd Lincoln City, OR 97367

Estimated Value: $508,000 - $636,000

4 Beds
3 Baths
2,000 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $490,000 $245 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,221/month

6 Days on Market

Highlights

  • No HOA
  • Patio
  • Shed
  • 2 Car Attached Garage
  • Level Entry For Accessibility
  • 4-minute walk to Holmes Road Park

About This Home

As of January 2022

Investor opportunity alert! Central Oregon Coast location. This duplex is on a .76 acre lot in the city near Devils Lake and close to a public boat launch on Devils Lake, School, skate park, shopping, and so much more. Each unit rents for $1270 per month. Tenants are on month to month lease agreements. All showings require a full 24 hour notice, tenants in the property. Pre qualified buyers only, proof of funds required prior to showings. Additional opportunity; oversized property could be developed into additional lot split or housing. Back of the oversized lot borders Union Street. Buyer to verify with the planning department of Lincoln City.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 11/30/2021

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Gwen Lahti

Coldwell Banker Professional Group - Lincoln City License #201237288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1946

Lot Details

  • 0.76

Home Design

  • Duplex
  • Composition Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • 0.76 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 071102CD-800-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,868

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 33105.6
  • Road Surface Type: Paved
  • Directions: Highway 101 to Holmes Road, East on Holmes Road. See sign.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1946
  • 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: 33,106
  • General Property Description:_pound_ of Acres: 0.76
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 800
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: One
  • General Property Description:Style: Duplex
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: N/A
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Siding:T1-11: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Patio: Yes
  • Handicap Features:Level Entry: Yes
  • HeatingCooling:Forced Air - Gas: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 3.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071102CD-800-00
  • Zoning: R1-7.5

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2867.57
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 30, 2021
Sold by
Kirtley Chet and Kirtley Rose
Bought by
Swan Donald E and Swan Cynthia R
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Gwen Lahti
Coldwell Banker Professional Group - Lincoln City
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Current Estimated Value
$560,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,772
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Tyler Paul S and Tyler Paul
Bought by
Kirtley Chet and Kirtley Rose
Source: Public Records

Range of Values:

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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
Swan Donald E $490,000 Lawyers Title
Kirtley Chet $70,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2022 01/03/22 Sold $490,000 -1.0% $245 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $495,000 -- $248 / 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 $3,259 $189,790 -- --
2023 $3,169 $184,270 $0 $0
2022 $3,081 $178,910 $0 $0
2021 $2,935 $173,700 $0 $0
2020 $2,868 $168,650 $0 $0
2019 $2,770 $163,740 $0 $0
2018 $2,708 $158,980 $0 $0
2017 $2,592 $154,350 $0 $0
2016 $2,431 $149,860 $0 $0
2015 $2,377 $145,500 $0 $0
2014 $2,317 $141,270 $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: 21-2714

APN: R399605