NOT LISTED FOR SALE

5389 NW Logan Rd Lincoln City, OR 97367

Estimated Value: $987,000 - $1,191,000

4 Beds
3 Baths
2,084 Sq Ft
$515/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $638,000 $306 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,354/month

17 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of October 2020

Opulently custom crafted Ocean view Roads End home. This 4 bedroom, 2.5 bath home has exquisite finishes throughout, from the hardwood flooring, granite counter-tops, gourmet kitchen, marble & tile accents, to the luxurious designer light fixtures throughout. Hot tub just off the master bedroom to relax watching the stars. Open floor plan on large over-sized lot with plenty of parking conveniently located near easy beach access! Income producing active vacation rental approx 60K gross in 2019!
Adjacent lot also for sale (subject to lot partition and easement for adjacent lot) see MLS 20-1391
*Buyer to honor bookings*

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 07/05/2020

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,151

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot
  • Property is zoned R-1-A Residential

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: 3 pictures
  • Tax Lot 200
  • Assessor Parcel Number 061134DD-200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,151

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.58
  • Lot Size Sq Ft: 25264.8
  • Road Surface Type: Paved
  • Exclusions: 3 pictures
  • Directions: HWY 101 to Logan Rd to property.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2005
  • 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: Mountain
  • General Property Description:Lot SqFt: 25389 Approx
  • General Property Description:_pound_ of Acres: 0.58
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 200
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: 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
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Sewer:City Property2: Yes
  • Alarm System:Yes - Owned: Yes
  • Miscellaneous Exclusions: 3 pictures
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • 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

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061134DD-200-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 9150.85
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Sep 28, 2020
Sold by
Mishchuk Sergey A
Bought by
Tang Leng Teng and Tang Sok Lee
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$649,000
Sold Price
$638,000
Premium/Discount to List
-$11,000
-1.69%
Current Estimated Value
$1,073,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,463
Avg. Annual Appreciation
10.88%
Original Mortgage
$478,500
Outstanding Balance
$425,600
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$647,863

Purchase Details

Closed on
Aug 8, 2006
Sold by
Kovalenko Vitaliy S
Bought by
Mishchuk Sergey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2005
Sold by
Pikl Donna
Bought by
Mishchuk Sergey A and Kovalenko Vitaliy S
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
Tang Leng Teng $638,000 Lawyers Title Of Oregon Llc
Mishchuk Sergey A -- First American Title Ins Co
Kovalenko Vitaliy S -- First American Title Ins Co
Mishchuk Sergey A $409,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Leng Teng $478,500
Previous Owner Kovalenko Vitaliy S $100,000
Previous Owner Mishchuk Sergey A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $638,000 -1.7% $306 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $649,000 -- $311 / 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 $8,690 $513,600 -- --
2023 $8,451 $498,650 $0 $0
2022 $8,216 $484,130 $0 $0
2021 $7,825 $470,030 $0 $0
2020 $9,474 $565,510 $0 $0
2019 $9,151 $549,040 $0 $0
2018 $8,946 $533,050 $0 $0
2017 $8,560 $517,530 $0 $0
2016 $8,026 $502,460 $0 $0
2015 $7,848 $487,830 $0 $0
2014 $7,295 $473,630 $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: 20-1390

APN: R173018