NOT LISTED FOR SALE

Estimated Value: $394,000 - $675,000

2 Beds
1 Bath
970 Sq Ft
$542/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $440,000 $454 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,973/month

5 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Cottage
  • Deck
  • No HOA
  • Covered Patio or Porch

About This Home

As of March 2021

The most charming cottage awaits you in the historic Nelscott neighborhood of Lincoln City. Cozy and comfortable with an open concept design that flows from the inviting living room through to the updated kitchen which features stainless steel appliances and new quartz countertops. Oceanviews from the upstairs room. Wonderful outdoor space includes a deck and backyard paradise. Basement provides additional space for hobby room or workshop. Best of all this home is just one block from the beach access, and minutes to retail shopping, dining, golf and miles of sandy coastline.

Last Agent to Sell the Property

Erin Fletcher

Coldwell Banker Professional Group - Lincoln City License #201209781 Listed on: 02/16/2021

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Ed Haendel

Windermere West Coast Properties License #201219274

Windermere West Coast Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1938

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned NP - Nelscott Plan District

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Nelscott Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 071127BA-9700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Beach
  • Directions: Hwy 101, west on 32nd, left on Beach to property address on the left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1938
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 3920
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 9700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 2
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071127BA-9700-00
  • Zoning: NP - Nelscott Plan District

Tax Info

  • Tax Annual Amount: 2170.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 10, 2021
Sold by
Youngblood Derek and Pathmanathan Dharmini
Bought by
Worthy Merelyn
Seller's Agent
Erin Fletcher
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Ed Haendel
Windermere West Coast Properties
List Price
$359,000
Sold Price
$440,000
Premium/Discount to List
$81,000
22.56%
Current Estimated Value
$525,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,591
Avg. Annual Appreciation
3.83%

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 19, 2020
Sold by
Arola Lorrie J
Bought by
Youngblood Derek and Pathmanathan Dharmini
Seller's Agent
Shelli Neal
Realty One Group At The Beach, Newport
Buyer's Agent
Erin Fletcher
Coldwell Banker Professional Group - Lincoln City
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.60%
Original Mortgage
$315,000
Interest Rate
3%
Mortgage Type
New Conventional
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
Worthy Merelyn $440,000 Western Title & Escrow
Youngblood Derek $350,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youngblood Derek $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $440,000 +22.6% $454 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $359,000 +2.6% $370 / Sq Ft
08/25/2020 08/25/20 Sold $350,000 +7.7% $361 / Sq Ft View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $325,000 -- $335 / 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 $2,466 $144,670 -- --
2023 $2,398 $140,460 $0 $0
2022 $2,332 $136,370 $0 $0
2021 $2,221 $132,400 $0 $0
2020 $2,170 $128,550 $0 $0
2019 $2,096 $124,810 $0 $0
2018 $2,049 $121,180 $0 $0
2017 $1,961 $117,660 $0 $0
2016 $1,840 $114,240 $0 $0
2015 $1,799 $110,920 $0 $0
2014 $1,753 $107,690 $0 $0
2013 -- $104,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 21-312

APN: R460298