NOT LISTED FOR SALE

5116 NW Lee Ave Lincoln City, OR 97367

Estimated Value: $526,000 - $548,000

2 Beds
1 Bath
1,003 Sq Ft
$536/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $495,000 $494 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,251/month

31 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • A-Frame Home
  • Vaulted Ceiling
  • No HOA

About This Home

As of January 2023

Located in the highly desirable neighborhood of Roads End, this adorable OCEANVIEW beach home is turn key and fully furnished. It is the epitome of the perfect beach cottage. Easy beach access is at the end of the street, right off of NW 50th. There is a nice viewing/sun deck on the upper level as well as a deck on the lower level with built-in sitting benches. The large windows in the front of the home allow for wonderful ocean views and provide great light and amazing sunset views. The gas fireplace in the Living Room sets a wonderful ambiance that accentuates that feeling of ''This is my Happy Place''.

Last Agent to Sell the Property

Nadine Hankins

Coldwell Banker Professional Group - Lincoln City License #201007056 Listed on: 06/30/2022

Co-Listed By

Dusty Hankins

Coldwell Banker Professional Group - Lincoln City License #201225441

Last Buyer's Agent

Craig Richardson

Coldwell Banker Professional Group - Newport License #201235736

Coldwell Banker Professional Group - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1964

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-1-RE Residential (Roads End)

Home Design

  • A-Frame Home
  • Slab Foundation
  • Composition Roof
  • T111 Siding
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,003 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Furnace
  • Baseboard Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5700
  • Assessor Parcel Number 061134DD-5700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,492

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Directions: From Hwy 101 turn onto NE Logan Rd. Turn left onto NW 50th and then right onto NW Lee to address.
  • Architectural Style: A-Frame
  • Garage Yn: No
  • Year Built: 1964
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 5227
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: A-Frame
  • 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: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Siding:T1-11: Yes
  • HeatingCooling:Gas Wall Furnace: Yes
  • Siding:Log: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061134DD-5700-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 3491.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jan 10, 2023
Sold by
Robert And Linda Alton Revocable Trust
Bought by
Evers Melissa and Evers Harold A
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Craig Richardson
Coldwell Banker Professional Group - Newport
List Price
$511,000
Sold Price
$495,000
Premium/Discount to List
-$16,000
-3.13%
Current Estimated Value
$537,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,322
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Alton Robert Claire and Alton Linda Jane
Bought by
Alton Robert C and Alton Linda J

Purchase Details

Closed on
Nov 5, 2007
Sold by
Lombard Jane L
Bought by
Alton Robert Claire and Alton Linda Jane
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
Evers Melissa $495,000 Western Title
Alton Robert C -- None Available
Alton Robert Claire -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $495,000 -3.1% $494 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $511,000 -- $509 / 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 $3,878 $229,180 -- --
2023 $3,771 $222,510 $0 $0
2022 $3,666 $216,030 $0 $0
2021 $3,492 $209,740 $0 $0
2020 $3,412 $203,640 $0 $0
2019 $3,295 $197,710 $0 $0
2018 $3,221 $191,960 $0 $0
2017 $3,083 $186,370 $0 $0
2016 $2,891 $180,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 22-1244

APN: R425430