NOT LISTED FOR SALE

3521 NE Reef Ct Lincoln City, OR 97367

Estimated Value: $480,000 - $563,000

3 Beds
2 Baths
1,215 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $492,000 $405 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,163/month

40 Days on Market

Highlights

  • Craftsman Architecture
  • Forest View
  • No HOA
  • Deck
  • Wood Flooring
  • Covered patio or porch

About This Home

As of August 2022

Fall in love with this newer, well designed, and lovingly maintained home in the NE area of Lincoln City. While located near many services, this neighborhood feels very private and provides you with views of majestic trees and sky. Near groceries, drug stores and restaurants, of equal (maybe more) importance is easy access to outdoor activities like the Connie Hansen Gardens, beach access and lake. This tastefully decorated home features an updated kitchen with granite countertops, hardwood floors and tile, bathrooms that include granite counters and custom tile surround, gas fireplace, and so much more. Whether with coffee or another beverage in hand, you'll appreciate the spacious deck to take it all in. Please note that stairs are required to access front door.

Last Agent to Sell the Property

Linda Roy

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #201205388 Listed on: 06/27/2022

Last Buyer's Agent

Arnold Jent

JKI Realty License #201230298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 2012

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50' x 80'
  • Property is zoned R1-7.5

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • HardiePlank Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,215 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Forest Views

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Propane
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Norcrest Terrace Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 071102CB-8500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,283

Year Built

Built in 2012

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: Paved
  • Subdivision Name: Norcrest Terrace
  • Directions: From Hwy 101 turn east onto NE 35th St. Continue up to NE Reef Ct, turn left. Home is on the left.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2012
  • Attribution Contact: linda@lincolncityrealty.net
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 3,999
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 8500
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: 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: No
  • General Property Description:Lot Dimensions: 50' x 80'
  • Location Tax and Other Information:Subdv ParcelLot: 22
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Hardi Plank: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Concrete Perimeter
  • 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: 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071102CB-8500-00
  • Zoning: R1-7.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3283.42
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 29, 2022
Sold by
Hemm Peter M
Bought by
Aguilar Tiffany Lin and Aguilar Kiefer Pio
Seller's Agent
Linda Roy
Lincoln City Realty, LLC
Buyer's Agent
Arnold Jent
JKI Realty
List Price
$525,000
Sold Price
$492,000
Premium/Discount to List
-$33,000
-6.29%
Current Estimated Value
$516,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,170
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Oct 12, 2015
Closed on
Oct 5, 2015
Sold by
Bower David C and Bower Kay S
Bought by
Hemm Peter M and Wood Hemm Rosemary
Seller's Agent
Out of Area
OUT OF AREA
Buyer's Agent
Courtney Fields
CENTURY 21 Shorepine Properties
List Price
$244,900
Sold Price
$225,000
Premium/Discount to List
-$19,900
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$180,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 22, 2013
Sold by
Briggs Richard D
Bought by
Bower David C and Bower Kay S
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Company
List Price
$274,900
Sold Price
$195,000
Premium/Discount to List
-$79,900
-29.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
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
Aguilar Tiffany Lin $492,000 Western Title
Hemm Peter M $225,000 Western Title & Escrow
Bower David C $195,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemm Peter M $173,000
Previous Owner Hemm Peter M $180,000
Previous Owner Bower David C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $492,000 -6.3% $405 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $525,000 +114.4% $432 / Sq Ft
10/12/2015 10/12/15 For Sale $244,900 +8.8% $202 / Sq Ft
09/18/2015 09/18/15 Sold $225,000 +15.4% $185 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
10/25/2013 10/25/13 Sold $195,000 -29.1% $160 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $274,900 -- $226 / 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 $3,646 $213,860 -- --
2023 $3,546 $207,640 $0 $0
2022 $3,447 $201,600 $0 $0
2021 $3,283 $195,730 $0 $0
2020 $3,208 $190,030 $0 $0
2019 $3,099 $184,500 $0 $0
2018 $3,029 $179,130 $0 $0
2017 $2,899 $173,920 $0 $0
2016 $2,719 $168,860 $0 $0
2015 $2,658 $163,950 $0 $0
2014 $2,591 $159,180 $0 $0
2013 -- $64,900 $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: 22-1331

APN: R103227