3125 NW Marine Ave Lincoln City, OR 97367
Wecoma Beach Neighborhood
3
Beds
2
Baths
1,512
Sq Ft
3,920
Sq Ft Lot
Highlights
- Spa
- Deck
- Private Yard
- RV Access or Parking
- Contemporary Architecture
- 5-minute walk to Connie Hansen Garden Conservancy
About This Home
As of October 2024We are motivated sellers offering a coastal oasis, three blocks from the beach road. This 3-bedroom, 2-bath home features a custom-built bunk room with six beds (4 Twin XLs and 2 Queen beds), ideal for accommodating your large family to get together all in one home. There are a total of 8 beds possible in the home, and it can easily sleep up to 12 pax. No hotels needed for your extended family! Enjoy modern upgrades including a 2024 gas range, tank-less water heater, and electric fireplace, 2023 LG large capacity washer and dryer. Both gas range and washer/dryer have extended appliance warranties. The home was fully remodeled in 2019 including a custom-built, super sturdy upper deck where you can enjoy morning coffee to the sound of ocean waves, and cool breezes. Relax in the large 2021 hot tub in the lower deck, fully private and enclosed where you are protected from rain and wind. The fully fenced yard is lined with cherry and apple trees, and accommodates your pup's zoomies with a long dog run. The home also has a permitted Level 2 EV car charger. Enjoy a rare 58 ft long driveway for vehicles and RVs. A small shed is at the end of the driveway for storage. The front of the home has a specific type of redwoods (2 ), coastal redwoods that can easily grow to 300 ft over time. We planted them 5 yrs ago and they are really growing moving up now, over 10 ft. These are the tallest trees on planet Earth. This home has been a successful vacation rental home with excellence of performance with Super Host and Premier Host distinction on Airbnb and VRBO. You can review the listing page on either platform by searching on the address, where you will find a 4.9 review rating overall. Note: you will need to check with Lincoln City's planning department as to the vacation rental license process and availability to obtain a short term rental license. We are experienced with real estate transactions, and will be happy to work with buyer's agents.
Last Agent to Sell the Property
Premiere Property Group LLC Brokerage Email: info@mthoodrealty.com License #201205866 Listed on: 07/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,908
Year Built
- Built in 1935
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 50 x 80
- Dog Run
- Fenced
- Gentle Sloping Lot
- Sprinkler System
- Private Yard
- Garden
- Property is zoned R1.5
Parking
- RV Access or Parking
Home Design
- Contemporary Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,512 Sq Ft Home
- 2-Story Property
- Built-In Features
- Electric Fireplace
- Family Room
- Living Room
- Dining Room
- Washer and Dryer
Flooring
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Spa
- Deck
- Covered Patio or Porch
- Shed
- Outbuilding
Schools
- Oceanlake Elementary School
- Taft Middle School
- Taft High School
Utilities
- No Cooling
- Wall Furnace
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R212312
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
Aug 30, 2024
Sold by
Stephens Coolidge Ginger
Bought by
Leblanc Carrie
Seller's Agent
Karen Croston
Premiere Property Group LLC
Buyer's Agent
Michelle Barnes
Taylor & Taylor Realty Co.
List Price
$489,900
Sold Price
$489,500
Premium/Discount to List
-$400
-0.08%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,689
Avg. Annual Appreciation
-0.16%
Original Mortgage
$342,650
Outstanding Balance
$340,105
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$148,721
Purchase Details
Listed on
Jun 13, 2018
Closed on
Oct 25, 2018
Sold by
Davis Jonathan Roy
Bought by
Collidge Ginger Stephens
Seller's Agent
Taj Richardson
Kelly Right Real Estate of Portland
Buyer's Agent
Mark Jones
Coldwell Banker Gesik Realty, Inc
List Price
$225,000
Sold Price
$199,000
Premium/Discount to List
-$26,000
-11.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$189,050
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2015
Sold by
Davis Vibol and Davis Jonathan R
Bought by
Davis Jonathon Roy
Purchase Details
Closed on
Apr 13, 2006
Sold by
Conley Erik J and Baker Joy L
Bought by
Davis Vibol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 13, 2006
Sold by
Baker Joy L
Bought by
Conley Erik J and Baker Joy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
12.45%
Mortgage Type
New Conventional
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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 | $489,500 | First American Title | |
| Warranty Deed | $199,000 | Western Title & Escrow | |
| Sheriffs Deed | $141,951 | None Available | |
| Warranty Deed | $218,000 | Wte | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $342,650 | New Conventional | |
| Previous Owner | $189,050 | New Conventional | |
| Previous Owner | $152,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $112,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $489,500 | +2.1% | $324 / Sq Ft |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | Price Changed | $479,500 | -2.1% | $317 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $489,900 | +146.2% | $324 / Sq Ft |
| 10/30/2018 10/30/18 | Sold | $199,000 | -11.6% | $132 / Sq Ft |
| 09/16/2018 09/16/18 | Pending | -- | -- | -- |
| 06/13/2018 06/13/18 | For Sale | $225,000 | -- | $149 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
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 | $2,991 | $175,420 | -- | -- |
| 2023 | $2,908 | $170,320 | $0 | $0 |
| 2022 | $2,827 | $165,360 | $0 | $0 |
| 2021 | $2,693 | $160,550 | $0 | $0 |
| 2020 | $2,631 | $155,880 | $0 | $0 |
| 2019 | $2,410 | $143,520 | $0 | $0 |
| 2018 | $2,356 | $139,340 | $0 | $0 |
| 2017 | $2,255 | $135,290 | $0 | $0 |
| 2016 | $2,115 | $131,350 | $0 | $0 |
| 2015 | $2,068 | $127,530 | $0 | $0 |
| 2014 | $2,015 | $123,820 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Croston
Seller's Agent in 2024
Karen Croston
Premiere Property Group LLC
(503) 880-0567
1 in this area
68 Total Sales
-
Michelle Barnes
Buyer's Agent in 2024
Michelle Barnes
Taylor & Taylor Realty Co.
(760) 412-2992
3 in this area
106 Total Sales
-
T
Seller's Agent in 2018
Taj Richardson
Kelly Right Real Estate of Portland
-
M
Buyer's Agent in 2018
Mark Jones
Coldwell Banker Gesik Realty, Inc
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24641844
APN: R212312
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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