NOT LISTED FOR SALE

3540 NE Surf Dr Lincoln City, OR 97367

Estimated Value: $625,000 - $740,000

3 Beds
2 Baths
2,038 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $620,000 $304 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,097/month

9 Days on Market

Highlights

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

About This Home

As of May 2023

Do not miss your chance to own this OCEAN view 3 bed/2 bath home located in this well established neighborhood in Lincoln City. Enjoy the view from every room in the upstairs and deck. The property features a mother in law or guest quarters/movie room in one of the downstairs bedrooms, two murphy beds, all new flooring, mature landscaping and a wood burning fireplace. Don't wait to schedule a showing of this charming property!

Last Agent to Sell the Property

Stacey Clendenin

Realty One Group At The Beach, Newport License #201220935 Listed on: 04/13/2023

Realty One Group At The Beach, Newport

Co-Listed By

Alishia Smith

Realty One Group At The Beach, Newport License #201241702

Last Buyer's Agent

Cynthia Dillon

Taylor & Taylor Realty Company License #201225348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,741

Year Built

  • Built in 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R1-7.5

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,038 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Bathroom
  • Ramp on the main level

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Norcrest Terrace Subdivision

Listing and Financial Details

  • Exclusions: Projector Downstairs
  • Tax Lot 29
  • Assessor Parcel Number 071102CB-9300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,741

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.19
  • Lot Size: Irregular
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Paved
  • Exclusions: Projector Downstairs
  • Inclusions: 2 Murphy Beds
  • Subdivision Name: Norcrest Terrace
  • Directions: From Hwy 101 go East on NE 36th, then turn left on NE Surf. Continue to Address.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1967
  • 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: Ocean
  • General Property Description:Lot SqFt: 8276.40
  • General Property Description:_pound_ of Acres: 0.19
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 9300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: 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: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: 29
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Miscellaneous Exclusions: Projector Downstairs
  • Handicap Features:Ramped Main Level: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: 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: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071102CB-9300-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 4741.33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 28, 2020
Sold by
Miller Marcea and Gloria Lee Hutchins Revocable
Bought by
Lyons Kyle J and Kannan Trisha M
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Stacey Clendenin
Coldwell Banker Professional Group - Lincoln City
List Price
$415,000
Sold Price
$421,000
Premium/Discount to List
$6,000
1.45%
Current Estimated Value
$675,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,207
Avg. Annual Appreciation
9.76%
Original Mortgage
$321,000
Outstanding Balance
$286,800
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$377,673
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
Lyons Kyle J $421,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Kyle J $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $620,000 -0.8% $304 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $625,000 +48.5% $307 / Sq Ft
10/05/2020 10/05/20 Sold $421,000 +1.4% $207 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $415,000 -- $204 / 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 $5,015 $294,180 -- --
2023 $4,877 $285,620 $0 $0
2022 $4,741 $277,310 $0 $0
2021 $4,517 $269,240 $0 $0
2020 $4,413 $261,400 $0 $0
2019 $4,262 $253,790 $0 $0
2018 $4,167 $246,400 $0 $0
2017 $3,988 $239,230 $0 $0
2016 $3,740 $232,270 $0 $0
2015 $3,640 $225,510 $0 $0
2014 $3,511 $218,950 $0 $0
2013 -- $214,000 $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: 23-618

APN: R122138