NOT LISTED FOR SALE

4902 SW Coast Ave Lincoln City, OR 97367

Estimated Value: $511,000 - $549,000

3 Beds
3 Baths
1,808 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $350,000 $194 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,179/month

80 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Den
  • Deck
  • Cottage
  • Shed

About This Home

As of October 2020

Charming ocean view cottage in the Taft community close to beach! Lots of outdoor decks both east & west side, sunny & light interior. Upper level features large den/family room and bathroom, main level has bedroom , 1/2 bath, kitchen/dining /living w/pellet stove, large deck, lower level has extra bedrooms, bath, utility room. Lots of storage and private back yard with storage shed. Fish cleaning station on lower deck!

Last Agent to Sell the Property

Karla Kuhlenbeck

Windermere Distinctive Coastal Properties License #880100099 Listed on: 06/20/2020

Last Buyer's Agent

Joseph Kirk

John L Scott Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R1.5

Home Design

  • Cottage
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Family Room
  • Dining Room
  • Den
  • Utility Room
  • Ocean Views
  • Natural lighting in basement
  • Stove

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Zoned Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Taft Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 071127CD-7900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,006

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Road Surface Type: Paved
  • Subdivision Name: Taft
  • Directions: West on 48th to Coast
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • 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:_pound_ of Acres: 0.07
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 7900
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: Partial
  • Location Tax and Other Information:Subdv ParcelLot: 7
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Alternate Heat:Pellet Stove: Yes
  • Miscellaneous Possession: Neg
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Electric Wall/Zone, Pellet Stove
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071127CD-7900-00
  • Zoning: R1.5

Tax Info

  • Tax Annual Amount: 4006.12
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Oct 19, 2020
Sold by
Brittan Carol A
Bought by
Gathright Christopher Allen
Seller's Agent
Karla Kuhlenbeck
Windermere Distinctive Coastal Properties
Buyer's Agent
Joseph Kirk
John L Scott Lincoln City
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$531,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,228
Avg. Annual Appreciation
8.69%
Original Mortgage
$332,000
Outstanding Balance
$294,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$236,470

Purchase Details

Closed on
Sep 27, 2006
Sold by
Olivia Beach Llc
Bought by
Velasco George R and Velasco Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gathright Christopher Allen $350,000 Western Title & Escrow
Velasco George R $425,650 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gathright Christopher Allen $332,000
Previous Owner Velasco George R $340,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $350,000 -7.7% $194 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $379,000 -- $210 / 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 $4,714 $276,500 -- --
2023 $4,584 $268,450 $0 $0
2022 $4,456 $260,640 $0 $0
2021 $4,245 $253,050 $0 $0
2020 $4,147 $245,680 $0 $0
2019 $4,006 $238,530 $0 $0
2018 $3,916 $231,590 $0 $0
2017 $3,748 $224,850 $0 $0
2016 $3,465 $218,310 $0 $0
2015 $3,417 $212,970 $0 $0
2014 $3,260 $203,310 $0 $0
2013 -- $206,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karla Kuhlenbeck

    Windermere Distinctive Coastal Properties

  • J

    Buyer's Agent in 2020

    Joseph Kirk

    John L Scott Lincoln City

  • J

    Buyer's Agent in 2020

    Joe Kirk

    Cascade Hasson Sotheby's International Realty

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Map

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

MLS Number: 20-1229

APN: R48943

Oregon Lincoln County Lincoln City 97367

4902 SW Coast Ave, Lincoln City, OR

This home is located at 4902 SW Coast Ave, Lincoln City, OR 97367 since 20 June 2020 and is currently estimated at $531,228, approximately $293 per square foot. This property was built in 1940. 4902 SW Coast Ave is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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