NOT LISTED FOR SALE

3445 NW Neptune Ave Lincoln City, OR 97367

Wecoma Beach Neighborhood

Estimated Value: $364,000 - $442,000

2 Beds
1 Bath
864 Sq Ft
$475/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $425,000 $492 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,450/month

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Patio
  • Vaulted Ceiling
  • No HOA
  • 1-minute walk to Connie Hansen Garden Conservancy

About This Home

As of November 2022

Rare opportunity, west of HWY 101, single story, on a quiet dead end street located in the beautiful coastal community of Lincoln City. Just 2 minutes to Wecoma Beach Public Access. This immaculately maintained property features an open floor plan, 2 bedrooms, 1 bathroom and an easy to maintain zeroscaped yard perfect for entertaining or just relax on your expansive outdoor deck listening to the waves . BRAND NEW ROOF! No HOA! Move-In-Ready! Priced to move! This property is eligible for a short-term rental license. Buyer to do own due diligence and verify with the Lincoln City Planning Department for vacation rental license requirements. Vacasa projects it could produce a rental income of $35,000 - $42,000 (yearly average)

Last Agent to Sell the Property

Ashley Kennedy

Coldwell Banker Professional Group - Newport License #201234803 Listed on: 10/06/2022

Coldwell Banker Professional Group - Newport

Co-Listed By

Kyle Kennedy

Coldwell Banker Professional Group - Newport License #201248528

Last Buyer's Agent

Angela McMillen

Coldwell Banker Professional Group - Lincoln City License #201232942

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1968

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 80
  • Property is zoned R1.5

Home Design

  • Ranch Style House
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonite

Interior Spaces

  • 864 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Zoned Cooling
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Wecoma Beach Subdivision

Listing and Financial Details

  • Tax Lot 4000
  • Assessor Parcel Number 071103DD-4000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,311

Year Built

Built in 1968

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 80
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Gravel
  • Subdivision Name: Wecoma Beach
  • Directions: HWY 101 to NW 34th turn West, North on Neptune house on the left side
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1968
  • 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: 3920
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4000
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • General Property Description:Lot Dimensions: 50 X 80
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Ceiling:Vaulted: Yes
  • DeckPatio:Deck and Patio: Yes
  • Sewer:City Property2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Roof: Composition
  • Water On Property: Yes
  • ConstructionSiding:Masonite: Yes

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Ductless Heat Pump
  • Heating Yn: Yes
  • Water Source: On Property
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071103DD-4000-00
  • Zoning: R1.5

Tax Info

  • Tax Annual Amount: 2311.14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 31, 2022
Sold by
Greenfield Trevor D
Bought by
Pessia Martin Revocable Trust
Seller's Agent
Ashley Kennedy
Coldwell Banker Professional Group - Newport
Buyer's Agent
Angela McMillen
Coldwell Banker Professional Group - Lincoln City
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$410,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,694
Avg. Annual Appreciation
-1.41%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 10, 2021
Sold by
Marchese Amanda
Bought by
Greenfield Trevor and Greenfield Molly K
Seller's Agent
Norma Thompson
Ocean Side Properties LLC
Buyer's Agent
Ashley Kennedy
Coldwell Banker Professional Group - Lincoln City
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 29, 2017
Sold by
Spanu Anthony and Spanu Suzanne R
Bought by
Marchese Amanda
Seller's Agent
Erin Fletcher
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Norma Thompson
John L Scott Lincoln City
List Price
$174,900
Sold Price
$180,000
Premium/Discount to List
$5,100
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.85%
Original Mortgage
$171,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2009
Sold by
Egli Barbara
Bought by
Spanu Anthony and Spanu Suzanne

Purchase Details

Closed on
Jan 26, 2009
Sold by
Spanu Anthony and Spanu Sue
Bought by
Spanu Anthony and Spanu Suzanne R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pessia Martin Revocable Trust $425,000 Western Title
Greenfield Trevor $375,000 Western Title & Escrow
Marchese Amanda $180,000 Western Title & Escrow
Spanu Anthony -- None Available
Spanu Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenfield Trevor $337,500
Previous Owner Marchese Amanda $170,500
Previous Owner Marchese Amanda $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $425,000 0.0% $492 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $425,000 +13.3% $492 / Sq Ft
09/29/2021 09/29/21 Sold $375,000 +7.1% $434 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $350,000 +94.4% $405 / Sq Ft
06/30/2017 06/30/17 Sold $180,000 +2.9% $208 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $174,900 -- $202 / 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 $2,566 $150,530 -- --
2023 $2,496 $146,150 $0 $0
2022 $2,426 $141,900 $0 $0
2021 $2,311 $137,770 $0 $0
2020 $2,258 $133,760 $0 $0
2019 $2,181 $129,870 $0 $0
2018 $2,132 $126,090 $0 $0
2017 $2,041 $122,420 $0 $0
2016 $1,914 $118,860 $0 $0
2015 $1,871 $115,400 $0 $0
2014 $1,824 $112,040 $0 $0
2013 -- $108,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ashley Kennedy

    Coldwell Banker Professional Group - Newport

    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kyle Kennedy

    Coldwell Banker Professional Group - Newport

  • A

    Buyer's Agent in 2022

    Angela McMillen

    Coldwell Banker Professional Group - Lincoln City

  • N

    Seller's Agent in 2021

    Norma Thompson

    Ocean Side Properties LLC

    (541) 992-3271

    1 in this area

    15 Total Sales

    Norma Thompson
    Section Image

  • E

    Seller's Agent in 2017

    Erin Fletcher

    Coldwell Banker Gesik Realty, Inc

See All Agents

Map

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

MLS Number: 22-2134

APN: R62818

Oregon Lincoln County Lincoln City 97367 Wecoma Beach

3445 NW Neptune Ave, Lincoln City, OR

This home is located at 3445 NW Neptune Ave, Lincoln City, OR 97367 since 06 October 2022 and is currently estimated at $410,306, approximately $474 per square foot. This property was built in 1968. 3445 NW Neptune Ave is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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