NOT LISTED FOR SALE

5415 Palisades Dr Lincoln City, OR 97367

Coronado Shores Neighborhood

Estimated Value: $429,000 - $557,000

2 Beds
1 Bath
1,178 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $456,500 $388 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,870/month

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Beamed Ceilings
  • Vaulted Ceiling
  • Den
  • Attached Garage

About This Home

As of August 2022

Escape to the beautiful Oregon Coast. Here is your opportunity to own that ''perfect beach house'' in the ever-popular Coronado Shores Beach Club neighborhood. Located just south of the renowned Salishan Resort along a peaceful sandy stretch of the coast, between Lincoln City and Newport. The private community of Coronado Shores offers its residents an established, quaint, rent-free experience with clubhouse, seasonal saltwater pools, oceanfront cabana, parks, private access trails to the ocean and miles of picturesque beach.

Last Agent to Sell the Property

Geoffrey Groener

Cascade Hasson Sotheby's International Realty License #200410294 Listed on: 06/23/2022

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Michelle Barnes

Coldwell Banker Professional Group - Newport License #201213169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1976

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned R-1-A Residential

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Den
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Water Heater

Community Details

  • Terri Lloyd Association, Phone Number (541) 764-2495
  • Visit Association Website
  • Secondary HOA Phone (541) 764-2495
  • Coronado Shores Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 2700
  • Assessor Parcel Number 081121AC-2700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,152

Year Built

Built in 1976

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Coronado Shores
  • Directions: West off Hwy 101 on Lancer, 1st right into Coronado Shores, right on Palisades to address
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1976
  • 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:_pound_ of Acres: 0.15
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • 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:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Siding:T1-11: Yes
  • Miscellaneous:Den: Yes
  • DeckPatio:Patio: Yes
  • Ceiling:Beam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached

Utilities

  • Water Source: On Property, Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 423.0
  • Association Fee Frequency: Yearly
  • Phone: 541-764-2495
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Other11: Club House, Seasonal SW Pool, Cabana
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly
  • CondoAssociation:Assoc Contact Name: Terri Lloyd
  • CondoAssociation:Assoc Contact Phone: 541-764-2495
  • CondoAssociation:Association Website: https://www.coronadoshoresbc.org/

Lot Info

  • Parcel #: 081121AC-2700-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 2152.48
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 12, 2022
Sold by
Richard Blasquez
Bought by
Blasquez Richard and Blasquez Gale
Seller's Agent
Geoffrey Groener
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Michelle Barnes
Coldwell Banker Professional Group - Newport
List Price
$459,000
Sold Price
$456,500
Premium/Discount to List
-$2,500
-0.54%
Current Estimated Value
$483,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,558
Avg. Annual Appreciation
-0.13%
Original Mortgage
$256,500
Outstanding Balance
$247,180
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$207,573

Purchase Details

Closed on
Dec 22, 2009
Sold by
Sherman Brenda
Bought by
Feammelli Bradley C and Feammelli Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Sherman Derek
Bought by
Sherman Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2005
Sold by
Johnson C J and Johnson Rebecca I
Bought by
Sherman Derek and Sherman Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,900
Interest Rate
5.81%
Mortgage Type
Stand Alone Second
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
Blasquez Richard $456,500 Western Title
Feammelli Bradley C $150,000 Multiple
Sherman Brenda -- First American Title Ins Co
Sherman Derek $219,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blasquez Richard $256,500
Previous Owner Feammelli Bradley C $110,000
Previous Owner Sherman Brenda $192,000
Previous Owner Sherman Derek $21,900
Previous Owner Sherman Derek $175,200
Previous Owner Johnson Rebecca I $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $456,500 -0.5% $388 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $459,000 -- $390 / 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 $2,496 $183,620 -- --
2023 $2,280 $178,280 $0 $0
2022 $2,209 $173,090 $0 $0
2021 $2,152 $168,050 $0 $0
2020 $2,126 $163,160 $0 $0
2019 $1,966 $158,410 $0 $0
2018 $1,930 $153,800 $0 $0
2017 $1,870 $149,330 $0 $0
2016 $1,819 $144,990 $0 $0
2015 $1,768 $140,770 $0 $0
2014 $1,637 $136,670 $0 $0
2013 -- $132,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Geoffrey Groener

    Cascade Hasson Sotheby's International Realty

    (541) 390-4488

    52 in this area

    88 Total Sales

    Geoffrey Groener
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Barnes

    Coldwell Banker Professional Group - Newport

See All Agents

Map

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

MLS Number: 22-1297

APN: R192064

Oregon Lincoln County Lincoln City 97367 Coronado Shores

5415 Palisades Dr, Lincoln City, OR

This home is located at 5415 Palisades Dr, Lincoln City, OR 97367 since 23 June 2022 and is currently estimated at $483,058, approximately $410 per square foot. This property was built in 1976. 5415 Palisades Dr is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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