NOT LISTED FOR SALE

5141 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $1,202,000 - $1,581,000

4 Beds
3 Baths
3,008 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $682,000 $227 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,478/month

267 Days on Market

Highlights

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

About This Home

As of March 2019

Sun, sand and surf awaits at ''Bright Shores''. With incomparable ocean views and the soothing tranquility of rolling waves, this beachfront property offers unmatched relaxation for both the mind and body. Your front door opens up to the expansive great room with vaulted ceiling, custom fireplace and a bank of glass to view the majestic Pacific Ocean. Enjoy preparing family meals in the designer kitchen with all new SS appliances, gorgeous white quartz counters, built in computer station. Ample indoor & outdoor entertaining spaces include new flooring, a stamped concrete patio & new hot tub. Feel the ocean breeze, gaze at the sun as it sinks into the ocean, let the waves lull you to sleep. This special experience and more can be yours here.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 04/17/2018

Last Buyer's Agent

Steve Rutherford

Taylor & Taylor Realty Company License #850600162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,772

Year Built

  • Built in 1991

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Ocean Front
  • Property is zoned R-1-A Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Carpet
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Road's End Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 061134DD-1100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,772

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Road's End
  • Directions: N HWY 101 to Logan Road. Left on NW 50th, right NW Jetty Avenue to address on left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1991
  • Attribution Contact: john@loveoceanfront.com
  • 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: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 1100
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Patio: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061134DD-1100-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 10771.86
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Feb 25, 2019
Sold by
Wahlen Clinton L and Wahlen Gina R
Bought by
Lee Whonchee and Lee Sabrina S
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Steve Rutherford
Taylor & Taylor Realty Company
List Price
$749,000
Sold Price
$682,000
Premium/Discount to List
-$67,000
-8.95%
Current Estimated Value
$1,397,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,045
Avg. Annual Appreciation
11.40%
Original Mortgage
$350,000
Outstanding Balance
$225,985
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,171,060

Purchase Details

Listed on
Mar 16, 2013
Closed on
Apr 29, 2014
Sold by
Renwick Peter W and Renwick Belinda G
Bought by
Wahlen Clinton L and Wahlen Gina R
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$895,000
Sold Price
$549,000
Premium/Discount to List
-$346,000
-38.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$411,750
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Lee Whonchee $682,000 Western Title & Escrow
Wahlen Clinton L $549,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Whonchee $350,000
Previous Owner Wahlen Clinton L $411,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2019 03/08/19 Sold $682,000 -8.9% $227 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
04/17/2018 04/17/18 For Sale $749,000 +36.4% $249 / Sq Ft
06/18/2014 06/18/14 Sold $549,000 -38.7% $183 / Sq Ft View Prior Sale
04/26/2014 04/26/14 Pending -- -- --
03/16/2013 03/16/13 For Sale $895,000 -- $298 / 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 $13,552 $800,900 -- --
2023 $13,178 $777,580 $0 $0
2022 $12,811 $754,940 $0 $0
2021 $12,202 $732,960 $0 $0
2020 $11,922 $711,620 $0 $0
2019 $11,515 $690,900 $0 $0
2018 $11,257 $670,780 $0 $0
2017 $10,772 $651,250 $0 $0
2016 $10,100 $632,290 $0 $0
2015 $9,875 $613,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Iwamura

    JKI Realty

    Section Image
  • Steve Rutherford

    Buyer's Agent in 2019

    Steve Rutherford

    Taylor & Taylor Realty Company

    (503) 334-9178

    65 Total Sales

    Steve Rutherford
    Section Image
  • Dennis Regen

    Seller's Agent in 2014

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    632 Total Sales

    Dennis Regen
    Section Image
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Map

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

MLS Number: 18-979

APN: R267438

Oregon Lincoln County Lincoln City 97367

5141 NW Jetty Ave, Lincoln City, OR

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