$795,000
SOLD JUL 11, 2016

4000 Blk NW 40th St Lincoln City, OR 97367

3.89 Acres
$204,370 Price per Acre
169,448 Sq Ft Lot

Recently Sold

11% Below List Price

77 Days on Market

About This Lot

As of July 2016

3.89 Acre commercial site in Lincoln City. RC zoning allows for a wide variety of lodging, residential entertainment & food related uses. Excellent access & visibility to Hwy 101, and adjacent to Chinook Winds Casino & hotel resort. Utilities available at the street.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 03/09/2016

Co-Listed By

Out of Area

OUT OF AREA

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 03/09/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,004

Lot Details

  • 3.89 Acre Lot
  • Sloped Lot
  • Property is zoned RC - Recreational Commercial

Property Views

  • Ocean Views

Utilities

  • Gas Available at Street
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 61
  • Assessor Parcel Number 071103A-1200-00

Community Details

Overview

  • Lincoln Shore Star Resort Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$11,004

Lot Details

0

Listing Details

  • Property Sub Type: Land - Commercial
  • Prop. Type: Land-Commercial
  • Road Frontage Type: None
  • Lot Size Acres: 3.89
  • Lot Size: 3.89
  • Lot Size Sq Ft: 169448.4
  • Road Surface Type: Paved
  • Subdivision Name: Lincoln Shore Star Resort
  • Directions: Hwy 101 to NW 40th Street to property
  • Contract Information:BankLender Owned: Yes
  • 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:_pound_ of Acres: 3.89
  • Location Tax and Other Information:Tax Lot: 1200
  • Miscellaneous Survey: Yes
  • Topography:Sloped: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • Septic:Sewer: Yes
  • Water:City2: Yes
  • General Property Description:Lot Dimensions: 3.89
  • Location Tax and Other Information:Subdv ParcelLot: 61
  • Utilities:Sewer2: City-Street
  • Water: At Street
  • Utilities:Electric3: At Street
  • Utilities:Gas3: At Street
  • Miscellaneous Sidewalks: Yes
  • Miscellaneous Cable T V: Available
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Water Source: City

Lot Info

  • Parcel #: 071103A-1200-00
  • Zoning: RC - Recreational Commercial

Tax Info

  • Tax Annual Amount: 11003.86
  • Tax Year: 2016

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

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $1,000,000 -9.1% --
04/25/2025 04/25/25 Price Changed $1,100,000 -15.4% --
03/31/2025 03/31/25 Price Changed $1,300,000 -3.7% --
02/07/2025 02/07/25 Price Changed $1,350,000 -3.5% --
01/03/2025 01/03/25 Price Changed $1,399,000 -2.8% --
09/25/2024 09/25/24 Price Changed $1,439,000 -0.7% --
08/30/2024 08/30/24 Price Changed $1,449,000 -19.3% --
06/14/2019 06/14/19 For Sale $1,795,000 +125.8% --
07/11/2016 07/11/16 Sold $795,000 -11.2% --
05/25/2016 05/25/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $895,000 -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 16-737