NOT LISTED FOR SALE

Estimated Value: $706,000 - $891,000

3 Beds
2 Baths
1,395 Sq Ft
$584/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $341,250 $245 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,053/month

23 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Fireplace
  • 0.35 Acre Lot
  • Vaulted Ceiling
  • Forced Air Cooling System

About This Home

As of March 2019

All bids should be submitted at www.xome.com (void where prohibited). Please submit any pre-auction offers received through the property details page on Xome.com.''Make Offer'' button. All pre-event or post-event offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & Conditions (minimums will apply). Ocean Front property in Coronodo Shores with spectacular ocean views to the South and the North. Beach access is on the same street. 3 bedrooms, 2 bathrooms and sitting at the end of a cul-de-sac with all the amenities of the Coronodo Shores Subdivision.

Last Agent to Sell the Property

Mary O'Connor

Coldwell Banker Professional Group - Lincoln City License #921200130 Listed on: 02/15/2019

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Ocean Front
  • Property is zoned R-1-A Residential

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Shake Roof
  • Shingle Roof
  • Lap Siding

Interior Spaces

  • 1,395 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Water Heater
  • Community Sewer or Septic

Community Details

  • Coronado Shores Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 58
  • Assessor Parcel Number 081121AC-5800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,718

Year Built

Built in 1971

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.35
  • Lot Size: .35
  • Lot Size Sq Ft: 15246.0
  • Road Surface Type: Paved
  • Subdivision Name: Coronado Shores
  • Directions: Hwy 101 to Lancer, right on Monterey to cul-de-sac
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 1971
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.35
  • Location Tax and Other Information:Tax Lot: 5800
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Two Story
  • General Property Description:Basement: No
  • Roof:Shingle: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: .35
  • Location Tax and Other Information:Subdv ParcelLot: 58
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Siding:Lap: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Deck and Patio: Yes
  • Water:Community: Yes
  • Sewer:Community2: Yes
  • Utilities:Sewer2: Community
  • Water: Community
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Roof:Shake: Yes
  • Miscellaneous Possession: COE
  • External Features:Roof: Shingle/Shake
  • External Features:Siding: Lap
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck and Patio
  • External Features:Street Surface: Paved
  • External Features:Outbuildings: None
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Shake, Shingle

Garage/Parking

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

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Community
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 381.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 081121AC-5800-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 4718.07
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Covalt Michael
Bought by
Brown Scott S and Brown Shannon K
Current Estimated Value
$814,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,113
Outstanding Balance
$338,181
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$466,521

Purchase Details

Listed on
Feb 15, 2019
Closed on
Mar 21, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Covalt Michael
Seller's Agent
Mary O'Connor
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$229,900
Sold Price
$341,250
Premium/Discount to List
$111,350
48.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$443,560
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 15, 2019
Closed on
Jan 30, 2019
Sold by
Balswick Damon and Balswick Richard Dale
Bought by
Deutsche Bank National Trust Company
Seller's Agent
Mary O'Connor
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$229,900
Sold Price
$341,250
Premium/Discount to List
$111,350
48.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,560
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2018
Sold by
Balswick Damon and Balswick Richard Dale
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 8, 2014
Sold by
Dutch Ness Inc
Bought by
Dakota Pacific Inc

Purchase Details

Closed on
Jul 19, 2007
Sold by
Balswick Damon
Bought by
White Sand Property Investments Llc and The Harbor N W Land Trust

Purchase Details

Closed on
Mar 6, 2007
Sold by
White Sand Property Investments Llc
Bought by
Balswick Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2006
Sold by
Balswick Damon
Bought by
White Sand Property Investments Llc and The Harbor Nw Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2006
Sold by
Platt Barbara
Bought by
Balswick Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 18, 2005
Sold by
Field Peter C and Lum Julie A
Bought by
Baer Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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
Brown Scott S $558,000 Fidelity Natl Ttl Co Of Or
Covalt Michael $341,250 Fidelity Natl Ttl Co Of Or
Deutsche Bank National Trust Company $743,892 None Available
Deutsche Bank National Trust Company $743,892 None Available
Dakota Pacific Inc -- Accommodation
White Sand Property Investments Llc -- Wte
Balswick Damon -- Wte
White Sand Property Investments Llc -- First American Title Ins Co
Balswick Damon $525,000 First American Title Ins Co
Baer Steven D $245,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Scott S $378,113
Previous Owner Covalt Michael $0
Previous Owner Covalt Michael $443,560
Previous Owner Balswick Damon $150,000
Previous Owner Balswick Damon $52,500
Previous Owner Balswick Damon $420,000
Previous Owner Baer Steven D $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $341,250 +48.4% $245 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $229,900 -- $165 / 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 $6,983 $513,800 -- --
2023 $6,378 $498,840 $0 $0
2022 $6,181 $484,320 $0 $0
2021 $5,189 $410,830 $0 $0
2020 $5,053 $398,870 $0 $0
2019 $4,777 $387,260 $0 $0
2018 $4,718 $375,990 $0 $0
2017 $4,386 $361,440 $0 $0
2016 $4,102 $337,570 $0 $0
2015 $4,584 $365,040 $0 $0
2014 -- $354,410 $0 $0
2013 -- $344,090 $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: 19-400

APN: R265254