3116 NW Oar Dr Lincoln City, OR 97367
Wecoma Beach Neighborhood
3
Beds
3
Baths
2,528
Sq Ft
3,920
Sq Ft Lot
Highlights
- Ocean View
- Contemporary Architecture
- 1 Car Attached Garage
- Deck
- No HOA
- 3-minute walk to Wecoma Park
About This Home
As of September 2022With beautiful ocean views from every room, this 3BR, 3BA home with large bonus room is perfect for family living and indoor/outdoor fun at the beach. Situated in NW Lincoln City's Wecoma Beach neighborhood and zoned for Vacation Rentals (Buyer/buyer's agent to verify with City of Lincoln City). Marvel at the breathtaking Oregon coast sunsets and fall asleep to the sound of crashing waves. Home improvements in June 2022 include: attractive, new cedar shake siding, refurbished ocean-facing balconies and upgraded doors including the garage, new gas range and exterior paint. These are just some of this home's lovely features, and is a MUST SEE for those longing for the Pacific Northwest Ocean lifestyle. Just a few short blocks to the beach.
Last Agent to Sell the Property
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City License #201007056 Listed on: 07/23/2022
Co-Listed By
Dusty Hankins
Coldwell Banker Professional Group - Lincoln City License #201225441
Last Buyer's Agent
Emma Kline
JKI Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,470
Year Built
- Built in 1940
Lot Details
- 3,920 Sq Ft Lot
- Irregular Lot
- Property is zoned R1.5
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Slab Foundation
- Composition Roof
- Cedar Siding
- Shake Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,528 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Window Treatments
- Ocean Views
- Natural lighting in basement
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Patio
- Shed
Utilities
- Forced Air Cooling System
- Electricity To Lot Line
- Gas Water Heater
Community Details
- No Home Owners Association
- Wecoma Beach Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 071103DD-15200-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2022
Closed on
Sep 22, 2022
Sold by
David Croft Bryan
Bought by
Bannikov Katie and Bannikov Viktor
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Emma Kline
JKI Realty
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$320,000
Outstanding Balance
$308,862
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$314,730
Purchase Details
Listed on
Oct 1, 2018
Closed on
Dec 5, 2018
Sold by
Nieman Scott M
Bought by
Croft Bryan David and Croft Anne Michelle
Seller's Agent
David Davis
Dominion Coast and Valley Real Estate, LLC
Buyer's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$359,000
Sold Price
$326,500
Premium/Discount to List
-$32,500
-9.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%
Original Mortgage
$293,850
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2011
Sold by
Cutler Eva R
Bought by
Nieman Scott M
Purchase Details
Closed on
Apr 20, 2005
Sold by
Westbuilt Corp
Bought by
Cutler Eva R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Western Title | |
| Warranty Deed | $326,500 | Western Title & Escrow | |
| Warranty Deed | $225,000 | Western Title & Escrow | |
| Warranty Deed | $365,000 | Western Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional | |
| Closed | $320,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $324,000 | New Conventional | |
| Previous Owner | $293,850 | New Conventional | |
| Previous Owner | $416,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $52,000 | Stand Alone Second | |
| Previous Owner | $346,750 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $614,000 | -1.8% | $243 / Sq Ft |
| 04/11/2025 04/11/25 | Price Changed | $625,000 | -2.3% | $247 / Sq Ft |
| 03/30/2025 03/30/25 | Price Changed | $640,000 | -1.5% | $253 / Sq Ft |
| 12/17/2024 12/17/24 | Price Changed | $650,000 | -3.7% | $257 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $675,000 | +22.7% | $267 / Sq Ft |
| 09/29/2022 09/29/22 | Sold | $550,000 | -2.7% | $218 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 07/23/2022 07/23/22 | For Sale | $565,000 | +73.0% | $223 / Sq Ft |
| 12/12/2018 12/12/18 | Sold | $326,500 | -9.1% | $129 / Sq Ft |
| 11/01/2018 11/01/18 | Pending | -- | -- | -- |
| 10/01/2018 10/01/18 | For Sale | $359,000 | -- | $142 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Tax History Compared to Growth
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 | $6,075 | $356,320 | -- | -- |
| 2023 | $5,907 | $345,950 | $0 | $0 |
| 2022 | $5,743 | $335,880 | $0 | $0 |
| 2021 | $5,470 | $326,100 | $0 | $0 |
| 2020 | $5,345 | $316,610 | $0 | $0 |
| 2019 | $5,163 | $307,390 | $0 | $0 |
| 2018 | $5,047 | $298,440 | $0 | $0 |
| 2017 | $4,830 | $289,750 | $0 | $0 |
| 2016 | $4,530 | $281,320 | $0 | $0 |
| 2015 | $4,429 | $273,130 | $0 | $0 |
| 2014 | $4,316 | $265,180 | $0 | $0 |
| 2013 | -- | $257,460 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
EMMA KLINE
E
Seller's Agent in 2024
EMMA KLINE
KELLER WILLIAMS CAPITAL CITY
(503) 930-0234
1 in this area
42 Total Sales
-
N
Seller's Agent in 2022
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
-
D
Seller Co-Listing Agent in 2022
Dusty Hankins
Coldwell Banker Professional Group - Lincoln City
-
D
Seller's Agent in 2018
David Davis
Dominion Coast and Valley Real Estate, LLC
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 22-539
APN: R327947
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