NOT LISTED FOR SALE

5045 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $1,700,000 - $2,173,611

4 Beds
4.5 Baths
4,113 Sq Ft
$463/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $950,000 $231 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $11,867/month

Highlights

  • Ocean Front
  • Deck
  • Traditional Architecture
  • Spa
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of June 2020

OCEANFRONT COASTAL INSPIRED LUXURY HOME. Living is easy in this masterful designed home. Captivating oceanviews to enjoy in the sprawling entertaining spaces that flow throughout this beautiful property inside and out. A dream home that includes open floor plan, gourmet kitchen with highend stainless appliances, even your own expresso maker, granite counter tops, custom tile work, media room, elevator, many fireplaces, hot tub, wine cellar and tasting room. No detail has been overlooked in this totally TURNKEY home with exquisite design. If you are looking for a very special home with panoramic views from almost every room this is the one. You will love the craftmanship and miles of sandy beach to explore just steps away. Natural beauty abounds, there is nothing like oceanfront living!

Last Agent to Sell the Property

Rebecca Kirkendall

Shorepine Properties License #200805054 Listed on: 06/08/2020

Co-Listed By

Erin Fouche

Shorepine Properties License #201219031

Last Buyer's Agent

Agent Outside Mls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,814

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Ocean Front
  • Level Lot
  • Property is zoned R-1-RE

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • HardiePlank Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,113 Sq Ft Home
  • 3-Story Property
  • Sound System
  • Vaulted Ceiling
  • 2 Fireplaces
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4.5 Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Propane
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,814

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Heating System: Electric, Forced Air
  • Unit Levels: 3 Story
  • Listing Member Name: Rebecca Kirkendall
  • Listing Office Short Id: spp
  • Major Area: LINCOLN
  • Minorarea: Lincoln City
  • Open House Office I D: 20100514164425577526000000
  • Property Info I D Number: R283950
  • Prop. Type: Residential
  • Selling Member Short Id: 172
  • Selling Office Short Id: 37
  • Street Sfx: Avenue
  • Building Style: Traditional
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Daylight, Full, Windows
  • Floor Coverings: Carpet, Tile
  • Interior Amenities: Breakfast Nook, Ceilings-Raised, Ceilings-Vaulted, Dining-Kit/Combo, Hot Tub, Room-Family, Room-Mstr Main Level, Srnd Sd-Eqp Inc, Tub/Jetted
  • Total Bathrooms: 4.50
  • Basement Type: Single Family
  • FireplaceTotalFireplaces: 2

Exterior Features

  • Exterior Construction: Frame
  • Exterior: 'Hardi-Plank' Type
  • Exterior Features: Deck/Wd Open, Hot Tub, Porch/Open
  • Flood Zone: None
  • Foundation: Concrete Perimeter, Slab
  • Number of Acres: 0.17
  • Roof: Composition
  • Street Road: Paved
  • Topography: Level
  • Total Sq Ft: 4113.00
  • View: Ocean Front

Garage/Parking

  • Garage/Parking: Door Opener, Golf Cart Storage
  • Garage Stall: 2
  • Garage Type: Attached Garage

Utilities

  • Sewer: Sewer Connected
  • Utilities: Cable Available, Electricity Available, Propane, Water Heater-Elec
  • Hot Water: Public

Fee Information

  • Taxes: 18813.55

Lot Info

  • Zoning: R-1-RE

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Bedrooms: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jun 3, 2020
Sold by
May Richard U
Bought by
Ghim Minje P and Ghim Kyonghee K
Seller's Agent
Rebecca Kirkendall
Shorepine Properties
Buyer's Agent
Agent Outside Mls
Sold Price
$950,000
Current Estimated Value
$1,905,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$955,204
Avg. Annual Appreciation
13.78%

Purchase Details

Closed on
Jun 24, 2016
Sold by
Grubaugh Vaughn F and Grubaugh Laura D
Bought by
Grubaugh Vaughn F and Grubaugh Laura D

Purchase Details

Closed on
Oct 24, 2013
Sold by
Owens William C
Bought by
Owens William C and The Owens Trust

Purchase Details

Closed on
Aug 6, 2013
Sold by
Pacific Leisure Group Llc
Bought by
Lazar Anthony S and Lazar Bernice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2013
Sold by
Owens William C
Bought by
Pacific Leisure Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Picture Book Properties & Investments In
Bought by
Owens William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac
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
Ghim Minje P $950,000 First American
Grubaugh Vaughn F -- None Available
Owens William C -- None Available
Lazar Anthony S $284,000 Western Title & Escrow
Brimhall Reed N $284,000 Western Title & Escrow
May Richard U $284,000 Western Title & Escrow
Grubaugh Vaugh F $284,000 Western Title & Escrow
Pacific Leisure Group Llc $1,114,445 Western Title & Escrow
Owens William C $499,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grubaugh Vaugh F $204,000
Previous Owner Owens William C $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2020 06/08/20 Sold $950,000 0.0% $231 / Sq Ft View Prior Sale
06/08/2020 06/08/20 Sold $950,000 -19.1% $231 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,174,000 -- $285 / Sq Ft
Source: Tillamook Board of REALTORS®

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 $22,142 $1,308,550 -- --
2023 $21,531 $1,270,440 $0 $0
2022 $20,931 $1,233,440 $0 $0
2021 $19,935 $1,197,520 $0 $0
2020 $19,478 $1,162,650 $0 $0
2019 $18,814 $1,128,790 $0 $0
2018 $18,391 $1,095,920 $0 $0
2017 $17,599 $1,064,000 $0 $0
2016 $16,502 $1,033,010 $0 $0
2015 $16,093 $1,002,930 $0 $0
2014 $14,906 $973,720 $0 $0
2013 -- $945,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Kirkendall

    Seller's Agent in 2020

    Rebecca Kirkendall

    CENTURY 21 Shorepine Properties

    (503) 701-1103

    207 Total Sales

    Rebecca Kirkendall
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Erin Fouche

    CENTURY 21 Shorepine Properties

  • Jill Hurd

    Buyer's Agent in 2020

    Jill Hurd

    Taylor & Taylor Realty Company

    (541) 992-1672

    371 Total Sales

    Jill Hurd
    Section Image

  • A

    Buyer's Agent in 2020

    Agent Outside Mls

  • Dennis Regen

    Buyer Co-Listing Agent in 2020

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    632 Total Sales

    Dennis Regen
    Section Image
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Map

Source: Tillamook Board of REALTORS®

MLS Number: 20-22

Tillamook Board of REALTORS®

APN: R283950

Oregon Lincoln County Lincoln City 97367

5045 NW Jetty Ave, Lincoln City, OR

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