NOT LISTED FOR SALE

3590 NE Reef Dr Lincoln City, OR 97367

Estimated Value: $614,000 - $773,000

3 Beds
3 Baths
1,891 Sq Ft
$376/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $720,000 $381 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,154/month

17 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Bonus Room
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of August 2022

The epitome of cool is found in this contemporary and modern home sited in NE Lincoln City with ocean views. Dramatic design of an open spacious living room, wall of windows, gas fireplace and modern staircase to the loft area. Kitchen has granite counters, eat-in island, and wall herb garden. Covered hot tub and west facing deck makes for great entertainment opportunities! Primary suite has gas fireplace, vaulted ceilings, and spa-inspired ensuite bath. Large guest bedrooms and tile in guest bath. Lower level has large utility room and workout space or additional storage area. Oversized 2 car garage. New metal Interlock roof and paint. Home is Smart Home ready! Conveniently located close to shopping, dining, beach and lake access.

Last Agent to Sell the Property

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 07/14/2022

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R1-7.5

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,891 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Vinyl Flooring
  • Ocean Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas 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 5
  • Assessor Parcel Number 071102CB-11500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,442

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size: Irreg. (plat in docs)
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Paved
  • Subdivision Name: Norcrest Terrace
  • Directions: Hwy 101 to NE 36th St. East on NE 36th St. Right on NE Reef Dr. 1st Driveway on left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2007
  • 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: None
  • General Property Description:Lot SqFt: 7,427 sqft
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 11500
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • 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: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irreg. (plat in docs)
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Miscellaneous:Den: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

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-11500-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 4441.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 25, 2022
Sold by
Qile Lakey
Bought by
Lombardi Dana K and Reimer Larry G
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Current Estimated Value
$711,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,443
Avg. Annual Appreciation
-0.37%
Original Mortgage
$540,000
Outstanding Balance
$516,113
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$195,444

Purchase Details

Listed on
Aug 13, 2017
Closed on
Dec 15, 2017
Sold by
Talepasand Iraj and Tavakoli Sedigheh
Bought by
Lakey Qile and Prettyman Melissa
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$339,000
Sold Price
$344,000
Premium/Discount to List
$5,000
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%
Original Mortgage
$326,800
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Lombardi Dana K $720,000 Lawyers Title
Lakey Qile $344,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardi Dana K $540,000
Previous Owner Lakey Qile $326,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2022 08/29/22 Sold $720,000 -3.9% $381 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $749,000 +117.7% $396 / Sq Ft
12/15/2017 12/15/17 Sold $344,000 +1.5% $182 / Sq Ft View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $339,000 -- $179 / 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 $4,932 $289,310 -- --
2023 $4,796 $280,890 $0 $0
2022 $4,663 $272,710 $0 $0
2021 $4,442 $264,770 $0 $0
2020 $4,339 $257,060 $0 $0
2019 $4,192 $249,580 $0 $0
2018 $4,098 $242,320 $0 $0
2015 $3,596 $221,770 $0 $0
2014 $3,505 $215,320 $0 $0
2013 -- $209,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Graham

    Seller's Agent in 2022

    Amy Graham

    Taylor & Taylor Realty Company

    (541) 992-1050

    388 Total Sales

    Amy Graham
    Section Image
  • Dennis Regen

    Buyer's Agent in 2022

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    632 Total Sales

    Dennis Regen
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    B. Kelly Colkitt

    Taylor & Taylor Realty Company

  • O

    Buyer's Agent in 2017

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 22-1499

APN: R179070

Oregon Lincoln County Lincoln City 97367

3590 NE Reef Dr, Lincoln City, OR

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