NOT LISTED FOR SALE

Estimated Value: $526,196 - $655,000

4 Beds
2 Baths
1,500 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $340,000 $227 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,530/month

31 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Cottage
  • Deck
  • No HOA
  • 1 Car Attached Garage

About This Home

As of October 2018

Precious OCEAN VIEW beach house in the heart of Historic Nelscott. Located across from the beach access with 7 miles of iconic beach and surf. Charm, personality and warmth will be yours to share with family and friends. Big deck and nice yard too. Zoned for nightly vacation rentals all year around check with Lincoln City. Offered fully furnished and turn key. Great area with live theater, 6 plex, shops, dining and close to the Outlets.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 08/13/2018

Last Buyer's Agent

Shelli Neal

Coldwell Banker Gesik Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 75
  • Property is zoned NBMU - Nelscott Beach Mixed Use

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Nelscott Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 071127BA-6900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,025

Year Built

Built in 1940

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: 50 x 75
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Subdivision Name: Nelscott Beach
  • Directions: S Hwy 101 to SW 32nd, left on SW Anchor to address on left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: john@loveoceanfront.com
  • 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:_pound_ of Acres: 0.09
  • Location Tax and Other Information:Tax Lot: 6900
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Siding:Aluminum: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: 50 x 75
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous Possession: Mid Oct. 2018
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Slab
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071127BA-6900-00
  • Zoning: NBMU - Nelscott Beach Mixed Use

Tax Info

  • Tax Annual Amount: 3025.48
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 18, 2018
Sold by
Nelscott Beach House Llc
Bought by
Phipps Scott and Phipps Bobbi
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Shelli Neal
Coldwell Banker Gesik Realty, Inc
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Current Estimated Value
$610,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,049
Avg. Annual Appreciation
8.58%
Original Mortgage
$272,000
Outstanding Balance
$237,705
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$372,344
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
Phipps Scott $340,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Scott $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $340,000 -9.3% $227 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $375,000 -- $250 / 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 $3,805 $223,190 -- --
2023 $3,700 $216,690 $0 $0
2022 $3,597 $210,380 $0 $0
2021 $3,427 $204,260 $0 $0
2020 $3,348 $198,320 $0 $0
2019 $3,234 $192,550 $0 $0
2018 $3,161 $186,950 $0 $0
2015 $2,774 $171,100 $0 $0
2014 $2,704 $166,120 $0 $0
2013 -- $161,290 $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: 18-2211

APN: R396582