NOT LISTED FOR SALE

5109 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $1,235,015 - $1,669,000

3 Beds
2 Baths
2,364 Sq Ft
$613/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $1,235,000 $522 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,998/month

71 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • No HOA
  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of September 2021

Your Oceanfront Oasis awaits!! This successful vacation rental in popular ''Roads End'' area of Lincoln City with panoramic 180 degree views and over 80 ft of ocean frontage. Featuring 3 Bed/2 Bath, open floor plan, tiled bathrooms, luxury vinyl flooring, newer carpet, gas fireplaces, spacious bedrooms including the master bedroom with private balcony. This would make a wonderful beach house for vacation/full-time, or a turn-key investment property as it comes mostly furnished. Direct beach access and Roads End State Park are just a couple blocks away. Shopping, restaurants, Devils Lake, hiking and the casino are all nearby. Buyer to check with Lincoln City Planning on transferring vacation rental permit. Buyer to honor paid vacation rental bookings at closing.

Last Agent to Sell the Property

Ryan Maddy

Coldwell Banker Professional Group - Lincoln City License #201218391 Listed on: 05/23/2021

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

TAMMY EHRENFELT

Coldwell Banker Professional Group - Lincoln City License #200403007

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,553

Year Built

  • Built in 1996

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-1-RE Residential (Roads End)

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cedar Siding
  • Piling Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,364 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Barrigar Subdivision

Listing and Financial Details

  • Tax Lot 8/9
  • Assessor Parcel Number 061134DD-1400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,553

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Paved
  • Subdivision Name: Barrigar
  • Directions: From Logan RD to NW 50th. At end of street, take right on Jetty. Follow to address.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1996
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 0.19
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 01400
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Multi/Split
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 8/9
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Flooring:Tile2: Yes
  • Foundation:Pilings: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter, Pilings
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

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 #: 061134DD-1400-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 14553.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Greig Michael J and Greig Priscilla V
Bought by
Greig Family Trust and Greig
Current Estimated Value
$1,448,504

Purchase Details

Listed on
May 23, 2021
Closed on
Sep 3, 2021
Sold by
Ladd Robert F
Bought by
Greig Michael J and Greig Priscilla V
Seller's Agent
Ryan Maddy
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
TAMMY EHRENFELT
Coldwell Banker Professional Group - Lincoln City
List Price
$1,395,000
Sold Price
$1,235,000
Premium/Discount to List
-$160,000
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
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
Greig Family Trust -- None Listed On Document
Greig Michael J $1,235,000 Western Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $1,235,000 -11.5% $522 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $1,395,000 -- $590 / 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 $16,543 $977,700 -- --
2023 $16,087 $949,230 $0 $0
2022 $15,639 $921,590 $0 $0
2021 $14,895 $894,750 $0 $0
2020 $14,553 $868,690 $0 $0
2019 $14,057 $843,390 $0 $0
2018 $13,741 $818,830 $0 $0
2017 $13,149 $794,990 $0 $0
2016 $12,330 $771,840 $0 $0
2015 $12,055 $749,360 $0 $0
2014 $11,206 $727,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Maddy

    Seller's Agent in 2021

    Ryan Maddy

    Coldwell Banker Professional Group - Lincoln City

    (503) 930-5678

    87 Total Sales

    Ryan Maddy
    Section Image
  • TAMMY EHRENFELT

    Buyer's Agent in 2021

    TAMMY EHRENFELT

    Coldwell Banker Professional Group - Lincoln City

    (541) 992-5111

    113 Total Sales

    TAMMY EHRENFELT
    Section Image
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Map

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

MLS Number: 21-1135

APN: R276884

Oregon Lincoln County Lincoln City 97367

5109 NW Jetty Ave, Lincoln City, OR

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