NOT LISTED FOR SALE

3562 NE West Devils Lake Rd Lincoln City, OR 97367

Estimated Value: $796,000 - $1,580,000

3 Beds
3 Baths
1,960 Sq Ft
$652/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,200,000 $612 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,606/month

Highlights

  • Lake Front
  • RV Garage
  • Traditional Architecture
  • Greenhouse
  • Vaulted Ceiling
  • No HOA

About This Home

As of October 2021

Looking for the perfect Lake Front home, look no further! Beautiful single level home on 1.6 acres, dock, attached 2 car garage, 3 bay RV garage, green house, sliders out to an amazingly large flat yard that leads to your private dock all set up for jet skis, boat lift. The home is beautifully appointed. 3 bedrooms/2.5 baths. Open living concept with a stunning rock fireplace as the main focal point. Residential Multi-Family zoning along with recent zoning ordinance changes allow for 26 potential lots for the investor looking to develop this property (buyer to verify with City of Lincoln City). Spend lazy days in the Green House or kick back on the dock with a fishing pole & a cold drink. Newer vinyl roof. Newly planted Salal trees along the property line will soon provide privacy

Last Agent to Sell the Property

Nadine Hankins

Coldwell Banker Professional Group - Lincoln City License #201007056 Listed on: 08/07/2021

Co-Listed By

Dusty Hankins

Coldwell Banker Professional Group - Lincoln City License #201225441

Last Buyer's Agent

Dusty Hankins

Coldwell Banker Professional Group - Lincoln City License #201225441

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,352

Year Built

  • Built in 1958

Lot Details

  • 1.6 Acre Lot
  • Lake Front
  • Irregular Lot
  • Property is zoned R-M Residential, Multifamily

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Membrane Roofing
  • Concrete Siding
  • Cedar Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Car Attached Garage
  • RV Garage

Outdoor Features

  • Covered Patio or Porch
  • Greenhouse

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Electricity To Lot Line
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 801
  • Assessor Parcel Number 071102DB-801-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,352

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.6
  • Lot Size Sq Ft: 69696.0
  • Road Surface Type: Paved
  • Directions: Going north on West Devils Lake Rd go past Pier Point 18 condos. At the bottom of the hill look for directional sign at shared driveway. Keep to left and home is just past the 3 Bay RV Garage.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1958
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: Mountain
  • General Property Description:Lot SqFt: 69696
  • General Property Description:_pound_ of Acres: 1.6
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 801
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Outbuildings:Green House: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Sewerseptic In: Yes
  • Roof:Membrane: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Slab
  • Other Structures: RV Garage, Green House
  • Patio And Porch Features: Patio
  • Roof: Composition, Membrane
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 6
  • Miscellaneous:RV Parking: Yes
  • Outbuildings:RV Garage: Yes

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Heat Pump: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071102DB-801-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 9352.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Oct 7, 2021
Sold by
Knott Nathan S and Knott Angle S
Bought by
Schaefer Jason
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Dusty Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,277,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,585
Avg. Annual Appreciation
1.56%
Original Mortgage
$960,000
Outstanding Balance
$875,430
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$402,155

Purchase Details

Closed on
Dec 5, 2019
Sold by
Knott Nathan and Knott Angie
Bought by
Knott Nathan S and Knott Angie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 28, 2018
Sold by
Green Brian D and Green Leslie Roper
Bought by
Knott Nathan and Knott Angie
Seller's Agent
Leslie Green
John L Scott Lincoln City
Buyer's Agent
Unrepresented Buyer
Unrepresented Buyer
List Price
$739,000
Sold Price
$680,000
Premium/Discount to List
-$59,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
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
Schaefer Jason $1,200,000 Western Title & Escrow
Knott Nathan S -- Western Title & Escrow
Knott Nathan -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Jason $960,000
Previous Owner Knott Nathan S $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $1,200,000 0.0% $612 / Sq Ft
08/07/2021 08/07/21 For Sale $1,200,000 +76.5% $612 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
03/29/2018 03/29/18 Sold $680,000 -8.0% $347 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $739,000 -- $377 / 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 $10,629 $619,050 -- --
2023 $10,336 $601,020 $0 $0
2022 $10,048 $583,520 $0 $0
2021 $9,573 $566,530 $0 $0
2020 $9,352 $550,030 $0 $0
2019 $9,034 $534,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nadine Hankins

    Coldwell Banker Professional Group - Lincoln City

  • D

    Seller Co-Listing Agent in 2021

    Dusty Hankins

    Coldwell Banker Professional Group - Lincoln City

  • L

    Seller's Agent in 2018

    Leslie Green

    John L Scott Lincoln City

  • U

    Buyer's Agent in 2018

    Unrepresented Buyer

    Unrepresented Buyer

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Map

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

MLS Number: 21-1942

APN: R292414

Oregon Lincoln County Lincoln City 97367

3562 NE West Devils Lake Rd, Lincoln City, OR

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