NOT LISTED FOR SALE

3225 NW Inlet Ave Lincoln City, OR 97367

Wecoma Beach Neighborhood

Estimated Value: $905,495 - $1,168,000

3 Beds
3 Baths
2,383 Sq Ft
$426/Sq Ft Est. Value

Last Sold September 24, 2015

Last sale price $491,500 $206 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,160/month

148 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • No HOA
  • Deck
  • Furnished
  • Forced Air Cooling System

About This Home

As of September 2015

Beautiful unobstructed Ocean and sandy beach views. Zoned Rec-Com, great for vacation rentals. Private beach access with only 9 stairs down to the sand! Open floor plan. 3 different patio/deck areas to enjoy the sounds, sights and smells of the ocean. Home is a current Vacation Rental. Master suite has jet tub, double sinks and fire place. Fully furnished and turn key! Get your own income property Master Suite has a mini fridge and jetted tub! New roof last year. Hardi Plank siding installed about 5 years ago. Zoned Recreational Commercial so obtaining a VRD permit should be more simple.

Last Agent to Sell the Property

Alice Fairbairn

Taylor & Taylor Realty Company Listed on: 12/17/2014

Last Buyer's Agent

Unrepresented Buyer

Unrepresented Buyer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,156

Year Built

  • Built in 1994

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x77
  • Ocean Front
  • Property is zoned RC - Recreational Commercial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

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 9
  • Assessor Parcel Number 071103DC0560000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,156

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.09
  • Lot Size: 50x77
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Inclusions: All Furniture
  • Subdivision Name: Wecoma Beach
  • Directions: Hwy 101, West on NW 33rd Ave, Left on NW Inlet Ave to address.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1994
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.09
  • Location Tax and Other Information:Tax Lot: 5600
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 50x77
  • Location Tax and Other Information:Subdv ParcelLot: 9
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Carpet: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Miscellaneous Possession: COE
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • 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

  • Water Source: On Property, Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071103DC0560000
  • Zoning: RC - Recreational Commercial

Tax Info

  • Tax Annual Amount: 7155.95
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2014
Closed on
Aug 26, 2015
Sold by
Hanay Sally K
Bought by
Senior Danny B and Senior Aura E
Seller's Agent
Alice Fairbairn
Taylor & Taylor Realty Company
Buyer's Agent
Unrepresented Buyer
Unrepresented Buyer
List Price
$897,500
Sold Price
$491,500
Premium/Discount to List
-$406,000
-45.24%
Current Estimated Value
$1,014,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,874
Avg. Annual Appreciation
7.41%
Original Mortgage
$393,200
Outstanding Balance
$308,727
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$705,647
Source: Public Records

Range of Values:

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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
Senior Danny B $491,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senior Danny B $393,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2015 09/24/15 Sold $491,500 -45.2% $206 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $897,500 -- $377 / 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 $9,889 $580,070 -- --
2023 $9,617 $563,180 $0 $0
2022 $9,349 $546,780 $0 $0
2021 $8,905 $530,860 $0 $0
2020 $8,701 $515,400 $0 $0
2019 $8,107 $489,300 $0 $0
2018 $8,423 $500,390 $0 $0
2017 $8,098 $485,820 $0 $0
2016 $7,595 $471,670 $0 $0
2015 $7,591 $468,140 $0 $0
2014 $7,398 $454,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alice Fairbairn

    Taylor & Taylor Realty Company

  • U

    Buyer's Agent in 2015

    Unrepresented Buyer

    Unrepresented Buyer

See All Agents

Map

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

MLS Number: 14-1048

APN: R448246

Oregon Lincoln County Lincoln City 97367 Wecoma Beach

3225 NW Inlet Ave, Lincoln City, OR

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