NOT LISTED FOR SALE

501 SE Neptune Ave Lincoln City, OR 97367

Estimated Value: $421,869 - $462,000

2 Beds
2 Baths
1,328 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $402,000 $303 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,606/month

57 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Den
  • Vaulted Ceiling
  • No HOA
  • 1 Car Attached Garage

About This Home

As of September 2022

This charming two bedroom, two bathroom bungalow has a recent addition with ample windows and free standing gas stove. Perfect for a sun room, den or use it has a third bedroom. Back patio for those gorgeous coastal evening BBQs. Fully fenced back and side yards. Sitting back off the street, the home is in a neighborhood, but has added privacy backing up to the Nesika Open Space. This darling home has been well cared for and is waiting for it's new owner to love it for the years to come. Seller is related to agent.

Last Agent to Sell the Property

Nicole Johnson

Coldwell Banker Professional Group - Lincoln City License #201244947 Listed on: 07/01/2022

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R-R Recreation Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room
  • Den

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Neptune Subdivision

Listing and Financial Details

  • Tax Lot 22900
  • Assessor Parcel Number 071114CB-22900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,783

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: Neptune
  • Directions: Hwy 101 to East Devils Lake Rd. Left on SE Oar Ave. Left on SE 8th. Right on SE Neptune to address. House sits back off the road.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2005
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 6307
  • General Property Description:_pound_ of Acres: 0.14
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 22900
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • 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: Gas
  • Internal Features:RangeOven: Gas
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

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 #: 071114CB-22900-00
  • Zoning: R-R Recreation Residential

Tax Info

  • Tax Annual Amount: 2782.51
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 30, 2022
Sold by
Johnson Greg W
Bought by
Hammer Michael
Seller's Agent
Nicole Johnson
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$425,000
Sold Price
$402,000
Premium/Discount to List
-$23,000
-5.41%
Current Estimated Value
$445,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,967
Avg. Annual Appreciation
3.32%
Original Mortgage
$394,718
Outstanding Balance
$376,741
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$69,226

Purchase Details

Closed on
Jun 18, 2020
Sold by
Johnson Greg W
Bought by
Johnson Greg W

Purchase Details

Closed on
Nov 24, 2008
Sold by
Johnson Ginny E
Bought by
Johnson Ginny E and The Surviving Spouses Trust Of The Johns

Purchase Details

Closed on
Aug 17, 2005
Sold by
Tom Zink Painting Llc
Bought by
Boyd David and Boyd Rachel

Purchase Details

Closed on
Apr 27, 2005
Sold by
Morris Clarice T
Bought by
Tom Zink Painting Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hammer Michael $402,000 First American Title
Johnson Greg W -- Accommodation
Johnson Ginny E -- Wte
Boyd David $151,700 First American Title Ins Co
Tom Zink Painting Llc $35,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammer Michael $394,718
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $402,000 -5.4% $303 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $425,000 -- $320 / 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 $3,090 $181,230 -- --
2023 $3,005 $175,960 $0 $0
2022 $2,921 $170,840 $0 $0
2021 $2,783 $165,870 $0 $0
2020 $2,719 $161,040 $0 $0
2019 $2,626 $156,350 $0 $0
2018 $2,567 $151,800 $0 $0
2017 $2,457 $147,380 $0 $0
2016 $2,304 $143,090 $0 $0
2015 $2,253 $138,930 $0 $0
2014 $2,196 $134,890 $0 $0
2013 -- $130,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nicole Johnson

    Coldwell Banker Professional Group - Lincoln City

  • O

    Buyer's Agent in 2022

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 22-1380

APN: R520175

Oregon Lincoln County Lincoln City 97367

501 SE Neptune Ave, Lincoln City, OR

Not Listed for Sale

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