NOT LISTED FOR SALE

2953 SW Coast Ave Lincoln City, OR 97367

Nelscott Beach Neighborhood

Estimated Value: $302,000 - $419,000

2 Beds
2 Baths
880 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $183,000 $208 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,060/month

42 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Zoned Cooling
  • Cottage
  • Living Room
  • 1-Story Property

About This Home

As of July 2019

2 Cute Cottages on one fenced lot just a few blocks to the beach! Each is a one bedroom/one bath and are currently rented for $750 and $600. Investment opportunity as either long term rental or zoned for nightly rentals all year round. Confirm with LC Planning Dept. Seller may carry with 50K down payment and a 10 year term. Sold as is.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 05/31/2019

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 1934

Lot Details

  • 3,485 Sq Ft Lot
  • Irregular Lot
  • Property is zoned NCR - Nelscott Cottage Residential

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Nelscott Beach Subdivision

Listing and Financial Details

  • Tax Lot 8 & 9 ptns of
  • Assessor Parcel Number 071122CD-11801-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,926

Year Built

Built in 1934

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: Irregular
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Beach
  • Directions: S Hwy 101 to SW 29th, left on SW Coast to address on right.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1934
  • Attribution Contact: john@loveoceanfront.com
  • 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: 0.08
  • Location Tax and Other Information:Tax Lot: 11801
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 8 & 9 ptns of
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Block2: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Shake2: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071122CD-11801-00
  • Zoning: NCR - Nelscott Cottage Residential

Tax Info

  • Tax Annual Amount: 1926.2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 24, 2019
Sold by
Rose Timothy J
Bought by
P & M Renovation Llc and Auspicious Elite Investments Llc
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$200,000
Sold Price
$183,000
Premium/Discount to List
-$17,000
-8.5%
Current Estimated Value
$350,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,263
Avg. Annual Appreciation
10.28%
Original Mortgage
$120,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2001
Sold by
Adkins Randall Scott and Adkins Gary Dean
Bought by
Rose Timothy J and Rose Christina A
Source: Public Records

Range of Values:

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
P & M Renovation Llc $180,000 First American
Rose Timothy J $82,600 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed P & M Renovation Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $183,000 -8.5% $208 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $200,000 -- $227 / 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 $2,318 $135,980 -- --
2023 $2,254 $132,020 $0 $0
2022 $2,192 $128,180 $0 $0
2021 $2,088 $124,450 $0 $0
2020 $2,040 $120,830 $0 $0
2019 $1,970 $117,320 $0 $0
2018 $1,926 $113,910 $0 $0
2017 $1,844 $110,600 $0 $0
2016 $1,729 $107,380 $0 $0
2013 -- $98,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Iwamura

    JKI Realty

    Section Image

  • O

    Buyer's Agent in 2019

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 19-1352

APN: R309166

Oregon Lincoln County Lincoln City 97367 Nelscott Beach

2953 SW Coast Ave, Lincoln City, OR

This home is located at 2953 SW Coast Ave, Lincoln City, OR 97367 since 31 May 2019 and is currently estimated at $350,263, approximately $398 per square foot. This property was built in 1934. 2953 SW Coast Ave is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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