NOT LISTED FOR SALE

3224 SW Beach Ave Lincoln City, OR 97367

Nelscott Beach Neighborhood

Estimated Value: $265,346 - $399,000

2 Beds
1 Bath
592 Sq Ft
$537/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $157,500 $266 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,817/month

38 Days on Market

Highlights

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

About This Home

As of January 2020

Motivated, motivated seller. He doesn't want to be a landlord anymore! Take a look at this fixer cottage in Historic Nelscott, what a location!! Smell, and hear the ocean, that is only steps away. Kitchen updated in 2014, new windows in 2007, exterior has been well maintained. Nice fully fenced yard. Interior needs TLC, This cottage has so much potential. Sold as is, seller will do no repairs.

Last Agent to Sell the Property

Shelli Neal

Coldwell Banker Professional Group - Lincoln City License #201220482 Listed on: 10/29/2019

Last Buyer's Agent

Shelli Neal

Coldwell Banker Professional Group - Lincoln City License #201220482 Listed on: 10/29/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,437

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned R-1 Residential, Single Family

Home Design

  • Cottage
  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 592 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Window Treatments
  • Natural lighting in basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Nelscott Beach Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 071127BA-10100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,437

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1
  • Lot Size: 4356
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Beach
  • Directions: Hwy 101 south from LC, right on 32nd, left on Beach to the address on the left.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1930
  • 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: 0.1
  • Location Tax and Other Information:Tax Lot: 10100
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 4356
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Shingle2: Yes
  • Miscellaneous Possession: neg
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: On Property
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071127BA-10100-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1437.49
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Jan 22, 2020
Sold by
Burdette Kenneth R and Dette Testmentary Burmarcia E
Bought by
Salazar Rachel
Seller's Agent
Shelli Neal
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Shelli Neal
Coldwell Banker Professional Group - Lincoln City
List Price
$225,000
Sold Price
$157,500
Premium/Discount to List
-$67,500
-30%
Current Estimated Value
$317,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,337
Avg. Annual Appreciation
12.73%
Original Mortgage
$141,750
Outstanding Balance
$125,555
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$192,282

Purchase Details

Closed on
Dec 8, 2008
Sold by
Burdette Kenneth R
Bought by
Burdette Kenneth R and Marcia E Burdette Testamentary Rental Pr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Salazar Rachel $157,500 Western Title & Escrow
Burdette Kenneth R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Rachel $141,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $157,500 -30.0% $266 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $225,000 -- $380 / 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 $1,730 $101,470 -- --
2023 $1,682 $98,520 $0 $0
2022 $1,636 $95,660 $0 $0
2021 $1,558 $92,880 $0 $0
2020 $1,522 $90,180 $0 $0
2019 $1,471 $87,560 $0 $0
2018 $1,437 $85,010 $0 $0
2017 $1,376 $82,540 $0 $0
2016 $1,290 $80,140 $0 $0
2015 $1,262 $77,810 $0 $0
2014 $1,230 $75,550 $0 $0
2013 -- $73,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Shelli Neal

    Coldwell Banker Professional Group - Lincoln City

See All Agents

Map

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

MLS Number: 19-2161

APN: R469803

Oregon Lincoln County Lincoln City 97367 Nelscott Beach

3224 SW Beach Ave, Lincoln City, OR

Not Listed for Sale

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