NOT LISTED FOR SALE

533 SE Oar Ave Lincoln City, OR 97367

Estimated Value: $550,750 - $617,000

4 Beds
4 Baths
2,445 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $475,000 $194 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,457/month

23 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Forced Air Cooling System

About This Home

As of December 2021

Large, craftsman home with an ADA Accessible Studio in the heart of Lincoln City with short term/long term rental possibilities! Vaulted ceilings and electric fireplace in the Living room. Custom hickory cabinets and pantry storage in the Kitchen. Main floor master suite with 2 guest bedrooms upstairs and a large den, hobby room, or 4th bedroom. ADA Accessible Studio has separate ramp access, roll-in shower and sink. Covered porch, patio and fenced area for pets and the fire pit and low maintenance yard! Excellent central location. Nearby outlet mall, library, grocery, ocean beaches, lake access & city amenities. Seller will credit buyer's $3000 towards a carpet allowance.

Last Agent to Sell the Property

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 11/08/2021

Last Buyer's Agent

Shelli Neal

Realty One Group At the Beach, License #201220482

Realty One Group At the Beach,

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-R Recreation Residential

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,445 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1027
  • Assessor Parcel Number 071114CB-1027-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,815

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Directions: From Hwy 101; East on SE East Devils Lake Rd (By Outlets); Left on SE Oar Ave; Home at the end on Left.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 2006
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 3,920 sqft
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1027
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Roof: Composition

Garage/Parking

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

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 #: 071114CB-1027-00
  • Zoning: R-R Recreation Residential

Tax Info

  • Tax Annual Amount: 3815.31
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 10, 2021
Sold by
Christianson Scott A and Christianson Peggy L
Bought by
Hatton Heather
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
Shelli Neal
Realty One Group At the Beach,
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$587,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,938
Avg. Annual Appreciation
5.53%
Original Mortgage
$365,000
Outstanding Balance
$334,922
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$253,016

Purchase Details

Listed on
Oct 10, 2015
Closed on
Feb 20, 2016
Sold by
U S Bank National Association
Bought by
Christianson Scott A and Christianson Peggy L
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
Amy Graham
Taylor & Taylor Realty Company
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Original Mortgage
$221,990
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Dec 17, 2014
Sold by
Nelson Ralph T and Griffiths Teresa
Bought by
Prof-2013-M4 Reo I Llc

Purchase Details

Closed on
Mar 27, 2007
Sold by
Ashley Terry and Ashley Holly
Bought by
Nelson Ralph T and Griffiths Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
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
Hatton Heather $475,000 Western Title & Escrow
Christianson Scott A $215,000 Multiple
Prof-2013-M4 Reo I Llc $316,680 Vantage Point Title Inc
Nelson Ralph T $275,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatton Heather $365,000
Previous Owner Christianson Scott A $221,990
Previous Owner Nelson Ralph T $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $475,000 -4.8% $194 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $499,000 +132.1% $204 / Sq Ft
03/25/2016 03/25/16 Sold $215,000 -14.0% $82 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
10/10/2015 10/10/15 For Sale $249,900 -- $95 / 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 $4,337 $254,360 -- --
2023 $4,217 $246,960 $0 $0
2022 $4,099 $239,770 $0 $0
2021 $3,905 $232,790 $0 $0
2020 $3,815 $226,010 $0 $0
2019 $3,685 $219,430 $0 $0
2018 $3,602 $213,040 $0 $0
2017 $3,448 $206,840 $0 $0
2016 $3,234 $200,820 $0 $0
2015 $3,161 $194,980 $0 $0
2014 $3,081 $189,310 $0 $0
2013 -- $183,800 $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: 21-2601

APN: R520599