NOT LISTED FOR SALE

3324 NE Surf Ave Lincoln City, OR 97367

Estimated Value: $448,985 - $699,000

5 Beds
4 Baths
2,305 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $610,000 $265 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,131/month

41 Days on Market

Highlights

  • No HOA
  • Paneling
  • Forced Air Heating System
  • 2 Car Attached Garage
  • 1-Story Property
  • Lap Siding

About This Home

As of May 2024

Here is your chance at a duplex that offers the opportunity for savvy investors with Currently $36,000 gross income. This well designed all 1 level duplex offers the perfect blend of comfort and convenience. With two separate units, each with its own distinct charm, this property is a versatile canvas for various living arrangements or rental opportunities. Take advantage of the rental income potential or consider living in one unit while renting out the other. Both units feature inviting gas fireplaces, creating a warm and cozy atmosphere. Imagine chilly evenings spent by the fire, adding a touch of comfort and charm to each living space. Convenience is key, and this duplex delivers with single-car garages for each unit. Protect your vehicles from the elements or utilize the space for additional storage - the choice Is Yours! Whether you're looking to expand your investment portfolio or searching for a property that offers both functionality and charm this is the property for you.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 01/15/2024

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 2000

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65.67x27.67x76.44x44.78

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • Stone Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,305 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Gas Fireplace
  • Window Treatments
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1&2
  • Assessor Parcel Number 071102CD-3500-00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Surf Acres Subdivision

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,117

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.2
  • Lot Size: 65.67x27.67x76.44x44.78
  • Lot Size Sq Ft: 8712.0
  • Road Surface Type: Paved
  • Subdivision Name: Surf Acres
  • Directions: From Highway 101, turn east onto NE Holmes road. Follow NE Holmes Road and turn north on NE Surf Ave. Property is located on right-hand side.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 2000
  • 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:Lot SqFt: 8712sqft
  • General Property Description:_pound_ of Acres: 0.2
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3500
  • General Property Description:Total Bedrooms: 5
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: One
  • General Property Description:Style: Duplex
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Gas
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 65.67x27.67x76.44x44.78
  • Location Tax and Other Information:Subdv ParcelLot: 1&2
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Siding:Lap: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Siding:T1-11: Yes
  • Sewer:City Property2: Yes
  • Walls:Panel: Yes
  • Gross Income: 36000.0
  • Water:Public: Yes
  • HeatingCooling:Forced Air - Gas: Yes
  • Siding:Rock: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 6.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public, City

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: also includes 071102CD-3400-00
  • Parcel #: 071102CD-3500-00
  • Zoning: R1-7.5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0

Tax Info

  • Tax Annual Amount: 5116.94
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
May 4, 2024
Sold by
Robben Gregory A
Bought by
Edwards Brandon
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Views
54
Current Estimated Value
$553,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,004
Avg. Annual Appreciation
-6.30%
Source: Public Records

Range of Values:

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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
Edwards Brandon $610,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $610,000 0.0% $265 / Sq Ft
02/26/2024 02/26/24 Price Changed $610,000 +1.8% $265 / Sq Ft
01/15/2024 01/15/24 For Sale $599,000 -- $260 / 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 $2,605 $151,720 -- --
2023 $2,533 $147,310 $0 $0
2022 $2,463 $143,020 $0 $0
2021 $2,346 $138,860 $0 $0
2020 $2,292 $134,820 $0 $0
2019 $2,214 $130,900 $0 $0
2018 $2,165 $127,090 $0 $0
2017 $2,072 $123,390 $0 $0
2016 $1,944 $119,800 $0 $0
2015 $1,900 $116,320 $0 $0
2014 $1,852 $112,940 $0 $0
2013 -- $109,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2024

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    632 Total Sales

    Dennis Regen
    Section Image
  • Korey Hazard

    Seller Co-Listing Agent in 2024

    Korey Hazard

    Taylor & Taylor Realty Company

    (541) 961-7519

    311 Total Sales

    Korey Hazard
    Section Image

  • O

    Buyer's Agent in 2024

    Out of Area

    OUT OF AREA

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Map

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

MLS Number: 24-86

APN: R406717

Oregon Lincoln County Lincoln City 97367

3324 NE Surf Ave, Lincoln City, OR

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