NOT LISTED FOR SALE

3104 NE Tide Ave Lincoln City, OR 97367

30 Beds
16 Baths
13,198 Sq Ft
0.8 Acres

Last Sold January 31, 2020

Last sale price $1,255,000 $95 Per Sq Ft

Highlights

  • Deck
  • Covered Patio or Porch
  • Landscaped
  • Territorial View
  • Zoned Heating
  • Baseboard Heating

About This Home

As of January 2020

Incredible investment opportunity in Lincoln City. Two multi-unit buildings on a dead-end street with light traffic. Buildings located near wooded land full of walking trails and public access to Devils Lake. Ample parking and open landscaping. 14 units total. 12 - 2bed 1bath units and 2 - 3 bed 1.5 bath townhomes with attached garage. Almost all units have been updated. Vinyl windows and sliders, fresh paint, and new roofs. Shared laundry center. Great location close to the Oregon Coast, HWY and Bus stop.

Last Agent to Sell the Property

James Hauge

LEGACY REAL ESTATE License #200107093 Listed on: 07/29/2019

Last Buyer's Agent

James Hauge

LEGACY REAL ESTATE License #200107093 Listed on: 07/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,096

Year Built

  • Built in 1980

Lot Details

  • 0.8 Acre Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 13,198 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 16 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shop

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Block 2

Community Details

Overview

  • 14 Units
  • La Playa Apartments Community

Additional Features

  • Laundry Facilities
  • Operating Expense $38,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,096

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Incredible investment opportunity in Lincoln City. Two multi-unit buildings on a dead-end street with light traffic. Buildings located near wooded land full of walking trails and public access to Devils Lake. Ample parking and open landscaping. 14 units total. 12 - 2bed 1bath units and 2 - 3 bed 1.5 bath townhomes with attached garage. Almost all units have been updated. Vinyl windows and sliders, fresh paint, and new roofs. Shared laundry center. Great location close to the Oregon Coast, HWY and Bus stop.
  • Cross Street: NE Holmes Rd
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Fireplace: Wood
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 16
  • Total Bedrooms: 30
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center, W/D Hookup
  • Source Of Sq Ft: Owner

Exterior Features

  • Patio: Covered Patio, Deck, Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Composite
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.8
  • Estimated Lot Sq Ft: 34848
  • Lot Type: Dimension Above
  • Zoning: R-M
  • Property Name: La Playa Apartments
  • Rvcamper Pad: Pad
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 38784

Multi Family

  • Gross Sched Income: 132168
  • Unit Types: Flat, Town Home
  • Number Of Units: 14

Tax Info

  • Tax Amount: 12096

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,255,000 -19.0% $95 / Sq Ft
07/29/2019 07/29/19 For Sale $1,550,000 -- $117 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 752764

Willamette Valley MLS