NOT LISTED FOR SALE

506 SE Inlet Ave Lincoln City, OR 97367

Estimated Value: $298,183 - $322,000

2 Beds
1 Bath
804 Sq Ft
$385/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $269,900 $336 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,778/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Living Room
  • 2-minute walk to Devil's Lake State Recreation Area

About This Home

As of December 2023

Discover this charming single-level beach house nestled in a desirable location, offering two well-appointed bedrooms and a full bath for comfortable coastal living. Appreciate the convenience of ample parking and the light and bright living spaces that create a welcoming atmosphere. A door off the mudroom leads to the fenced backyard, providing a private outdoor space for relaxation and activities. With the beach, the Kite Festival, and D River in close proximity, this home is an excellent choice for outdoor enthusiasts seeking adventure and exploration. Whether you're looking for a permanent residence or a tranquil coastal retreat, this home is sure to appeal. Don't miss the opportunity to experience the best of coastal living. Schedule a tour today and make this inviting beach house your new sanctuary. Property is being sold "As-Is." Repairs, if any, would be the sole responsibility of the buyer.

Last Agent to Sell the Property

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 11/15/2023

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Erin Fletcher

Coldwell Banker Professional Group - Lincoln City License #201209781

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-M Residential, Multifamily

Home Design

  • Traditional Architecture
  • Block Foundation
  • Metal Roof
  • Shingle Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Utility Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lake Wood Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / 1
  • Assessor Parcel Number 071115DA-5100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Lake Wood
  • Directions: Head east on SE 3rd Street. Take 2nd right onto SE Inlet. House is on the left marked with a sign.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1948
  • Road Surface Type: Paved
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Water Heater
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Fireplace Features: Gas

Exterior Features

  • Waterfront: No
  • Construction Type: Shake Siding, Shingle Siding
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Metal
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Metal

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Water Source: Public
  • Heating: Baseboard, Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071115DA-5100-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 1874.59
  • Tax Lot: 5100
  • Tax Map Number: 071115DA
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jan 3, 2020
Sold by
Rosenthal Robert J and Rosenthal Denise A
Bought by
Edwards Amber Lacno
Seller's Agent
Amanda Graves
Kiwanda Coastal Properties
Buyer's Agent
Shelli Neal
Coldwell Banker Professional Group - Lincoln City
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%
Current Estimated Value
$309,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,796
Avg. Annual Appreciation
6.21%
Original Mortgage
$219,945
Outstanding Balance
$192,655
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$117,141

Purchase Details

Closed on
Dec 15, 2011
Sold by
Bailey Erin R
Bought by
Rosenthal Robert J and Rosenthal Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Smouse Donald L
Bought by
Smouse Donald L
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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Purchase History

Date Buyer Sale Price Title Company
Edwards Amber Lacno $215,000 Western Title & Escrow
Rosenthal Robert J $104,000 Wte
Smouse Donald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Amber Lacno $219,945
Previous Owner Rosenthal Robert J $83,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $269,900 -1.8% $336 / Sq Ft
11/15/2023 11/15/23 Price Changed $274,900 +3.8% $342 / Sq Ft
10/31/2023 10/31/23 Price Changed $264,900 -3.6% $329 / Sq Ft
10/24/2023 10/24/23 For Sale $274,900 +27.9% $342 / Sq Ft
01/03/2020 01/03/20 Sold $215,000 -2.3% $267 / Sq Ft View Prior Sale
11/27/2019 11/27/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $220,000 -- $274 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $2,014 $119,780 -- --
2024 $1,983 $116,300 -- --
2023 $1,928 $112,920 $0 $0
2022 $1,875 $109,640 $0 $0
2021 $1,786 $106,450 $0 $0
2020 $1,745 $103,350 $0 $0
2019 $1,685 $100,340 $0 $0
2018 $1,647 $97,420 $0 $0
2017 $1,577 $94,590 $0 $0
2016 $1,479 $91,840 $0 $0
2015 $1,446 $89,170 $0 $0
2014 $1,409 $86,580 $0 $0
2013 -- $84,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hannah Katz

    Seller's Agent in 2023

    Hannah Katz

    Coldwell Banker Professional Group - Lincoln City

    (541) 418-3101

    400 Total Sales

    Hannah Katz
    Section Image
  • Erin Fletcher

    Buyer's Agent in 2023

    Erin Fletcher

    Coldwell Banker Professional Group - Lincoln City

    (847) 997-2159

    87 Total Sales

    Erin Fletcher
    Section Image
  • Amanda Graves

    Seller's Agent in 2020

    Amanda Graves

    Kiwanda Coastal Properties

    (971) 212-7131

    85 Total Sales

    Amanda Graves
    Section Image

  • S

    Buyer's Agent in 2020

    Shelli Neal

    Coldwell Banker Professional Group - Lincoln City

See All Agents

Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-99853

Oregon Coast Multiple Listing Service

APN: R236193

Oregon Lincoln County Lincoln City 97367

506 SE Inlet Ave, Lincoln City, OR

Not Listed for Sale

Detached

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