NOT LISTED FOR SALE

2826 NW Oar Ave Lincoln City, OR 97367

Estimated Value: $492,000 - $593,000

4 Beds
2 Baths
1,998 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $495,000 $248 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,242/month

71 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of September 2024

Now on the market - a fantastic opportunity to own a beachy, well-maintained home at the beach! Great location! Located just 6 short blocks from the public beach access at NW 28th St. Check out the recent interior updates to this 4 bed / 2 bath charmer and enjoy the beachy, casual style that accentuates the great choice of materials and regular maintenance. Enjoy the hardwood floors, beam & white wood ceilings, a huge kitchen with lots of built-in storage and a gorgeous statement gas fireplace to warm up by in the cozy living room. The upstairs bedrooms are large, with excellent storage. The upstairs bathroom is gorgeous - updated tile floor boasts radiant heat and granite countertop. New interior paint throughout. A cement sidewalk provides access to the front door from the driveway and the single-car attached garage provides access to the interior through the family room. The newly-stained upstairs deck located outside the kitchen door is a great spot for a BBQ overlooking the neighborhood or relaxing and enjoying the sunset in the evening. Lots of City parks very nearby with ever-changing activities for residents and guests. The Connie Hansen Garden and Dorchester Park are just a couple of great public open spaces located nearby. Privacy fencing provides a peaceful locale for cottage gardening and a patio outside the lower-level family room. Seller has an assumable low-rate VA loan, inquire for terms. Short Term Rental use is regulated by the City of Lincoln City planning department. Buyer due diligence regarding applications and approvals. Make an appointment to tour it today!

Last Agent to Sell the Property

Sarah Johnson

Taylor & Taylor Realty Company License #201212037 Listed on: 07/31/2024

Last Buyer's Agent

Rebecca Kirkendall

CENTURY 21 Shorepine Properties License #200805054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1965

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned R1.5

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Metal Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 071110AA-501-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,066

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Highway 101 to NW 28th to NW Oar. Sign Present.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1965
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 3485
  • General Property Description:_pound_ of Acres: 0.08
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 501
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: 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: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Covered Patio: Yes
  • Roof:Metal: Yes
  • Ceiling:Beam: Yes
  • HeatingCooling:Radiant: Yes
  • General Property Description Senior Community YN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Vinyl, Carpet, Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Ductless Heat Pump, Radiant
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071110AA-501-00
  • Zoning: R1.5

Tax Info

  • Tax Annual Amount: 4066.24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 6, 2024
Sold by
Wax Melinda S
Bought by
Cabreros-Warren Trust and Cabreros
Seller's Agent
Sarah Johnson
Taylor & Taylor Realty Company
Buyer's Agent
Rebecca Kirkendall
CENTURY 21 Shorepine Properties
List Price
$565,000
Sold Price
$495,000
Premium/Discount to List
-$70,000
-12.39%
Views
67
Current Estimated Value
$543,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,082
Avg. Annual Appreciation
9.35%
Original Mortgage
$371,250
Outstanding Balance
$368,966
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$172,311

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 3, 2019
Sold by
Cherry Charley C and Davis Cherry Malinda K
Bought by
Wax Melinda S
Seller's Agent
Julie Love
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Courtney Fields
Rob Trost Real Estate, LLC
List Price
$321,900
Sold Price
$321,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$184,173
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Jun 11, 2014
Closed on
Dec 12, 2014
Sold by
Millis Archibald and Millis Mildred
Bought by
Cherry Charley C and Davis Cherry Malinda K
Seller's Agent
Mark Schults
Coast Property & Investment Realty, Inc
Buyer's Agent
Mary O'Connor
Coldwell Banker Gesik Realty, Inc
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$220,924
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cabreros-Warren Trust $495,000 Ticor Title
Wax Melinda S $321,900 Western Title & Escrow
Cherry Charley C $225,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabreros-Warren Trust $371,250
Previous Owner Wax Melinda S $184,173
Previous Owner Cherry Charley C $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $495,000 -1.0% $248 / Sq Ft
08/02/2024 08/02/24 Price Changed $499,900 -4.8% $250 / Sq Ft
06/13/2024 06/13/24 Price Changed $525,000 -7.1% $263 / Sq Ft
06/02/2024 06/02/24 For Sale $565,000 +75.5% $283 / Sq Ft
06/06/2019 06/06/19 Sold $321,900 0.0% $161 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $321,900 +43.1% $161 / Sq Ft
12/15/2014 12/15/14 Sold $225,000 -10.0% $113 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $249,900 -- $125 / 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 $4,182 $245,270 -- --
2023 $4,066 $238,130 $0 $0
2022 $3,953 $231,200 $0 $0
2021 $3,766 $224,470 $0 $0
2020 $3,679 $217,940 $0 $0
2019 $3,554 $211,600 $0 $0
2018 $3,474 $205,440 $0 $0
2017 $3,325 $199,460 $0 $0
2016 $3,118 $193,660 $0 $0
2015 $3,049 $188,020 $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: 24-1181

APN: R469266