$270,000
SOLD MAY 23, 2022

305 SE Jetty Ave Lincoln City, OR 97367

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Recently Sold

5% Below List Price

15 Days on Market

Highlights

  • Views
  • Gentle Sloping Lot
  • 5-minute walk to Devil's Lake State Recreation Area

About This Home

As of May 2022

Three lots zoned for multi-family. Buyer to do own due diligence on how many units can be put on the property. Possibility for ocean views on a second level.

Last Agent to Sell the Property

Derek Peterson

Better Homes & Gardens Realty License #200604249 Listed on: 04/13/2022

Better Homes & Gardens Realty

Last Buyer's Agent

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,979

Lot Details

  • Gentle Sloping Lot

Additional Features

  • Property Views

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Multi Family
  • Remarks Public: Three lots zoned for multi-family. Buyer to do own due diligence on how many units can be put on the property. Possibility for ocean views on a second level.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LAKEWOOD, BLOCK 1, LOT 1, 2, and 3

Exterior Features

  • Lot Size: 10K-14,999SF
  • View: Territorial
  • View: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Schools

  • Elementary School: Taft
  • Middle School: Taft
  • High School: Taft

Lot Info

  • Acres: 0.33
  • Zoning: R-M
  • Number Of Lots Total: 3
  • Land Description: Gentle Sloping

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 2354.39
  • Assessor Parcel Number: R146068
  • Tax Year: 2021

MLS Schools

  • Elementary School: Taft
  • High School: Taft
  • Middle School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 23, 2022
Sold by
Phillips Jason W
Bought by
Dez Development Llc
Seller's Agent
Derek Peterson
Better Homes & Gardens Realty
Buyer's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Feb 14, 2011
Sold by
Sterling Savings Bank
Bought by
Phillips Jason W and Phillips Katherine A

Purchase Details

Closed on
Jul 24, 2007
Sold by
Sears Charles T and Sears Evelyn J
Bought by
Tom Zink Painting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,000
Interest Rate
6.73%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $270,000 Fidelity National Title
Special Warranty Deed $60,000 First American Title Ins Co
Warranty Deed $320,000 Wte
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,694,700 Credit Line Revolving
Previous Owner $876,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $2,279,900 0.0% $340 / Sq Ft
06/19/2025 06/19/25 Off Market $2,279,900 -- --
06/10/2025 06/10/25 For Sale $2,279,900 +744.4% $340 / Sq Ft
05/23/2022 05/23/22 Sold $270,000 -5.3% --
04/28/2022 04/28/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $285,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $1,979 $116,080 $116,080 --
2023 $1,924 $112,700 $0 $0
2022 $1,871 $109,420 $0 $0
2021 $1,782 $106,240 $0 $0
2020 $1,741 $103,150 $0 $0
2019 $1,682 $100,150 $0 $0
2018 $1,333 $79,920 $0 $0
2017 $1,243 $75,600 $0 $0
2016 $935 $58,900 $0 $0
2015 $885 $55,400 $0 $0
2014 $1,307 $81,540 $0 $0
2013 -- $93,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22613592

Regional Multiple Listing Service (RMLS)

APN: R146068