NOT LISTED FOR SALE

510 SE Quay Ave Lincoln City, OR 97367

Estimated Value: $291,946 - $327,000

1 Bed
1 Bath
596 Sq Ft
$511/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $290,000 $487 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,733/month

4 Days on Market

Highlights

  • RV Access or Parking
  • High Ceiling
  • Cottage
  • Corner Lot
  • No HOA
  • Porch

About This Home

As of September 2023

Cute and cozy coastal cottage perfect for your own beach getaway in the center of Lincoln City! Located between the Lincoln City Outlet Mall and Devils Lake. Less than one mile to the beach and a short drive to the casino. Newer construction with a full kitchen, living room, updated lighting, and vaulted wood ceiling upstairs. New laminate flooring downstairs. Outside, find an extra storage area that runs the length of the house, a washer and dryer, and plenty of parking. The yard is nicely landscaped for easy care while you kick back and enjoy the beach!

Last Agent to Sell the Property

Mary Jo Ripp

Bella Casa Real Estate Group License #200207109 Listed on: 08/04/2023

Last Buyer's Agent

Joy Dale

Knipe Realty ERA Powered License #201009114

Knipe Realty ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 2005

Lot Details

  • 2,613 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Wood Composite

Interior Spaces

  • 596 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Combination Dining and Living Room
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Porch

Schools

  • Taft Elementary And Middle School
  • Taft High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R222872

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 290000.0
  • Open House: No
  • Room 11 Features: Disposal,Microwave,Pantry
  • Room 12 Features: LivingRoomDiningRoomCombo
  • Room 13 Features: CeilingFan
  • Room 9 Features: EatingArea
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: CeilingFan, HighCeilings, Laundry, VinylFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Features: ExteriorEntry,Storage
  • Room 4 Level: Main
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Disposal, FreeStandingRange, FreeStandingRefrigerator, Microwave, Pantry, RangeHood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,WoodComposite
  • Exterior Features: Porch
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: Slab
  • R V Description: RVParking
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityLights
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Taft
  • High School: Taft
  • Middle Or Junior School: Taft

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.0
  • Parcel #: R222872

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1464.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 9, 2023
Sold by
Ripp Rachele and Schaidt Rachele
Bought by
Nelson Pam N
Seller's Agent
Mary Jo Ripp
Bella Casa Real Estate Group
Buyer's Agent
Joy Dale
Knipe Realty ERA Powered
List Price
$290,000
Sold Price
$290,000
Views
65
Current Estimated Value
$304,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,487
Avg. Annual Appreciation
2.26%
Original Mortgage
$258,445
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2013
Closed on
Aug 2, 2013
Sold by
Meyer Craig N and Meyer Georgene
Bought by
Ripp Rachele and Schaidt Bryson
Seller's Agent
Char Brown
At the Beach Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$86,400
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2011
Sold by
Valentine Mark W and Valentine Jenny K
Bought by
Meyer Craig N and Meyer Georgene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Smith Stacy L
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelson Pam N $290,000 First American Title
Ripp Rachele $108,000 Western Title & Escrow
Meyer Craig N $92,500 Wte
Federal National Mortgage Association $105,362 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Pam N $258,445
Previous Owner Ripp Rachele $86,400
Previous Owner Meyer Craig N $83,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $290,000 0.0% $487 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $290,000 +168.5% $487 / Sq Ft
08/09/2013 08/09/13 Sold $108,000 -6.1% $193 / Sq Ft View Prior Sale
05/31/2013 05/31/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $115,000 -- $205 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,549 $90,210 -- --
2023 $1,506 $87,590 $0 $0
2022 $1,464 $85,040 $0 $0
2021 $1,395 $82,570 $0 $0
2020 $1,363 $80,170 $0 $0
2019 $1,317 $77,840 $0 $0
2018 $1,287 $75,580 $0 $0
2017 $1,232 $73,380 $0 $0
2016 $1,156 $71,250 $0 $0
2015 $1,130 $69,180 $0 $0
2014 $1,101 $67,170 $0 $0
2013 -- $65,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23671664

Regional Multiple Listing Service (RMLS)

APN: R222872