NOT LISTED FOR SALE

5223 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $781,147 - $859,000

3 Beds
2 Baths
1,496 Sq Ft
$549/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $700,000 $468 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,117/month

Highlights

  • Ocean Front
  • Wood Flooring
  • Cottage
  • Deck
  • No HOA
  • Den

About This Home

As of May 2023

Incomparable ocean views and the soothing tranquility of rolling waves, this beachfront cottage offers unmatched relaxation for both the body and mind. Relax in the living room with a bank of glass to view the majestic Pacific Ocean and a wood burning fireplace. Enjoy the updated kitchen with a dine-in eating bar before stepping out the slider to the oversized deck. 2 Bedrooms and bath are on the main level. Garden level has family room with bonus sleeping area, 3rd guestroom, laundry and covered patio. 1 car attached garage with storage space. Being sold mostly furnished! Smell the salty air, watch endless sunsets, and let the waves lull you to sleep. Home is not a vacation rental.

Last Agent to Sell the Property

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 05/01/2023

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,073

Year Built

  • Built in 1968

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 54.5' x 100'
  • Ocean Front
  • Property is zoned R-1-RE Residential (Roads End)

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Cottage
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Den
  • Utility Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Larson Terrace Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 061134DD-602-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,073

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.14
  • Lot Size: 54.5' x 100'
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: Larson Terrace
  • Directions: From Hwy 101; West on NE Logan Rd; Left on NW 50th St; Right on NW Jetty Ave; Home on left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1968
  • 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:Lot SqFt: 5,397 sqft
  • General Property Description:_pound_ of Acres: 0.14
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 602
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 54.5' x 100'
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • 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: 1

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • 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-602-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 9072.98
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Jun 13, 2012
Sold by
Beck Ann Elizabeth
Bought by
Garrard Sandra K
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Amy Graham
Taylor & Taylor Realty Company
List Price
$694,900
Sold Price
$422,000
Premium/Discount to List
-$272,900
-39.27%
Current Estimated Value
$820,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,787
Avg. Annual Appreciation
5.14%
Original Mortgage
$337,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2009
Sold by
Beck Ann Elizabeth
Bought by
Beck Ann Elizabeth and The Ann Elizabeth Beck Trust

Purchase Details

Closed on
Feb 27, 2006
Sold by
Beck Ann Elizabeth
Bought by
Beck Ann Elizabeth and Ann Elizabeth Beck Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2006
Sold by
Beck Ann Elizabeth
Bought by
Beck Ann Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
1.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garrard Sandra K $422,000 Wte
Beck Ann Elizabeth -- Wte
Beck Ann Elizabeth -- Wte
Beck Ann Elizabeth -- Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garrard Sandra K $337,600
Previous Owner Beck Ann Elizabeth $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Sold $700,000 -6.5% $468 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $749,000 +77.5% $501 / Sq Ft
08/02/2012 08/02/12 Sold $422,000 -39.3% $282 / Sq Ft View Prior Sale
06/07/2012 06/07/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $694,900 -- $465 / 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 $9,598 $567,210 -- --
2023 $9,333 $550,690 $0 $0
2022 $9,073 $534,660 $0 $0
2021 $8,641 $519,090 $0 $0
2020 $8,443 $503,980 $0 $0
2019 $8,155 $489,310 $0 $0
2018 $7,972 $475,060 $0 $0
2017 $7,629 $461,230 $0 $0
2016 $7,153 $447,800 $0 $0
2015 $6,994 $434,760 $0 $0
2014 $6,502 $422,100 $0 $0
2013 -- $409,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Graham

    Seller's Agent in 2023

    Amy Graham

    Taylor & Taylor Realty Company

    (541) 992-1050

    388 Total Sales

    Amy Graham
    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

  • Dennis Regen

    Seller's Agent in 2012

    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: 23-750

APN: R206112

Oregon Lincoln County Lincoln City 97367

5223 NW Jetty Ave, Lincoln City, OR

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