NOT LISTED FOR SALE

5505 NW Keel Ave Lincoln City, OR 97367

Estimated Value: $956,862 - $1,111,000

4 Beds
4 Baths
3,196 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $655,000 $205 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,249/month

53 Days on Market

Highlights

  • Ocean View
  • Deck
  • Traditional Architecture
  • RV Access or Parking
  • Vaulted Ceiling
  • Furnished

About This Home

As of October 2020

Ocean views from almost every room of this very popular Roads End vacation rental! Walls of windows allow you to see expansive views to the North, West and South. This 4 bedroom/3.5 bathroom home with 3,196 SF has an open floor plan, vaulted ceilings, over sized great room/family room, two fireplaces, and the kitchen features a gas cook top and electric wall oven. All sitting on an over sized lot with plenty of room to park an RV, Boats, extra parking for cars or potentially expand the home. Buyer to honor all future reservations. Just four blocks to the Roads End State park and miles of sandy beach! Shopping, dining and entertainment. New roof installed December 2019. Buyer to honor all bookings. Active vacation rental.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 07/16/2020

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Steve Rutherford

Taylor & Taylor Realty Company License #850600162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 88.23 x 133.04
  • Property is zoned R-1-RE Residential (Roads End)

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Siding
  • Cedar Siding

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 500
  • Assessor Parcel Number 061134DD-500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,424

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.3
  • Lot Size: 88.23 X 133.04
  • Lot Size Sq Ft: 13068.0
  • Road Surface Type: Gravel
  • Directions: HWY 101 to Logan Road. Logan Road to NW 57th Street to NW Keel Avenue. South on NW Keel Avenue to address. See sign.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1989
  • 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: None
  • General Property Description:_pound_ of Acres: 0.3
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 500
  • 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
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Gas
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 88.23 X 133.04
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Foundation:PillarPostPier: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • 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-500-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 7424.21
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Oct 20, 2020
Sold by
Lovelace Robert and Lovelace Joanne M
Bought by
Miller John and Miller Megan
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Steve Rutherford
Taylor & Taylor Realty Company
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Current Estimated Value
$1,044,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,966
Avg. Annual Appreciation
9.79%
Original Mortgage
$153,500
Outstanding Balance
$136,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$908,685

Purchase Details

Listed on
May 26, 2017
Closed on
May 24, 2017
Sold by
Collier Ryan W and Collier Holly R
Bought by
Lovelace Robert and Lovelace Joanne M
Seller's Agent
Joseph Kirk
John L Scott Lincoln City
Buyer's Agent
Joseph Kirk
John L Scott Lincoln City
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Jun 26, 2012
Sold by
Collier Ryan W and Collier Holly R
Bought by
Collier Ryan W and Collier Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Collier Ryan W and Collier Holly R
Bought by
Collier Ryan W and Collier Holly R

Purchase Details

Closed on
Jun 23, 2011
Sold by
Manning Michael and Manning Sandy
Bought by
Collier Ryan W and Collier Holly R

Purchase Details

Closed on
Aug 31, 2005
Sold by
Collier Ryan W and Collier Holly R
Bought by
Collier Ryan W and Collier Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 26, 2005
Sold by
Brookman Ps Llc
Bought by
Collier Ryan W and Collier Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2005
Sold by
Brookman Linda Oceil Beebe
Bought by
Brookman Ps Llc

Purchase Details

Closed on
Jan 5, 2005
Sold by
Dickson David K and Dickson Kathryn G
Bought by
Brookman Linda Oceil Beebe
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
Miller John $655,000 Lawyers Title Of Oregon Llc
Lovelace Robert $440,000 Western Title & Escrow
Collier Ryan W -- Amerititle
Collier Ryan W -- Multiple
Collier Ryan W -- None Available
Collier Ryan W -- None Available
Collier Ryan W -- Fidelity National Title
Collier Ryan W $566,300 Fidelity National Title
Brookman Ps Llc -- --
Brookman Linda Oceil Beebe $480,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller John $153,500
Previous Owner Collier Ryan W $327,500
Previous Owner Collier Ryan W $89,900
Previous Owner Collier Ryan W $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $655,000 +0.9% $205 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $649,000 +47.5% $203 / Sq Ft
05/26/2017 05/26/17 Sold $440,000 -7.4% $138 / Sq Ft View Prior Sale
05/26/2017 05/26/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $475,000 -- $149 / 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 $9,027 $533,510 -- --
2023 $8,779 $517,980 $0 $0
2022 $8,534 $502,900 $0 $0
2021 $8,128 $488,260 $0 $0
2020 $7,833 $474,040 $0 $0
2019 $7,424 $451,590 $0 $0
2018 $7,668 $463,260 $0 $0
2017 $7,854 $474,830 $0 $0
2016 $7,364 $461,000 $0 $0
2015 $7,200 $447,580 $0 $0
2014 $6,208 $409,480 $0 $0
2013 -- $434,550 $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: 20-1495

APN: R196653