NOT LISTED FOR SALE

5521 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $918,000 - $1,369,000

4 Beds
5 Baths
2,254 Sq Ft
$512/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $467,000 $207 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $7,256/month

19 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Bonus Room
  • Craftsman Architecture
  • Vaulted Ceiling
  • No HOA

About This Home

As of August 2018

OCEAN FRONT IN ROADS END AREA OF LINCOLN CITY! Needs some TLC, but the oceanfront location makes the house worthy of the time & effort. 4bds/4.5bths (4 master suites), large modern kitchen opens into living room with spiral staircase to the loft. Being sold AS IS. See attachment for PAS requirements and WFHM offer submittal information. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted off), please call: 1-877-617-5274. Homebuyer Priority Timeline after Listing Modifications:

Calendar Days 1-8: Only offers from buyers purchasing as their primary residence. The date of the Listing Modification is counted as Day 1. Note: During this 8 calendar day time period, PAS will not entertain offers from the following buyer types:

•Municipalities
•Non-profits
•Investors
•Second homes
•Parent(s) buying a home for their child/children, etc.

Calendar Days 9+: Offers from all buyers once any offers received during days 1-8 have been fully vetted.

Last Agent to Sell the Property

Mary McDonald

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #971000044 Listed on: 06/02/2018

Last Buyer's Agent

Linda Roy

Lincoln City Realty, LLC License #201205388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,206

Year Built

  • Built in 2004

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52 x 115
  • Ocean Front
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Bonus Room
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Road's End Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 1
  • Assessor Parcel Number 061134DA-4800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,206

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.13
  • Lot Size: 52 x 115
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Subdivision Name: Road's End
  • Directions: Hwy 101 to Logan Rd, Logan Rd to NW 57th, West on 57th to NW Jetty, Left on Jetty to address on the ocean front
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2004
  • Attribution Contact: linda@lincolncityrealty.net
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.13
  • Location Tax and Other Information:Tax Lot: 4800
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 4.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 52 x 115
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Siding:Shake2: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • 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: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061134DA-4800-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 11205.92
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Thomas Joshua and Thomas Dayna R
Bought by
Thomas Family Revocable Trust and Thomas
Current Estimated Value
$1,155,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$246,518
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$908,645

Purchase Details

Closed on
Feb 20, 2020
Sold by
Renee Thomas Dayna and Logan Joshua Logan
Bought by
Thomas Dayna R and Thomas Joshua L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 19, 2018
Sold by
U S Bank National Assocition
Bought by
Thomas Dayna Renee and Thomas Joshua Logan
Seller's Agent
Mary McDonald
Lincoln City Realty, LLC
Buyer's Agent
Linda Roy
Lincoln City Realty, LLC
List Price
$529,900
Sold Price
$467,000
Premium/Discount to List
-$62,900
-11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$326,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2018
Sold by
Golez Reno R and Huang Lixin
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 14, 2015
Sold by
Golez Reno R and Huang Lixin
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 24, 2005
Sold by
Golez Reno R
Bought by
Wang Anthony Q and Huang Lixin

Purchase Details

Closed on
Apr 6, 2005
Sold by
Golez Reno R
Bought by
Golez Reno R and Wang Anthony Qb
Source: Public Records

Range of Values:

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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
Thomas Family Revocable Trust -- None Listed On Document
Thomas Joshua L -- Fidelity National Title
Thomas Dayna R -- Western Title & Escrow
Thomas Dayna Renee $467,000 Amerititle
U S Bank National Association $556,524 None Available
U S Bank National Association $459,889 First American Title Ins Co
Wang Anthony Q -- Fidelity National Title Co
Golez Reno R -- Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Joshua L $275,000
Previous Owner Thomas Dayna R $300,000
Previous Owner Thomas Dayna Renee $326,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2018 08/13/18 Sold $467,000 -11.9% $207 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $529,900 -- $235 / 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 $14,165 $837,140 -- --
2023 $13,774 $812,760 $0 $0
2022 $13,391 $789,090 $0 $0
2021 $12,754 $766,110 $0 $0
2020 $12,350 $743,800 $0 $0
2019 $12,036 $722,140 $0 $0
2015 $10,313 $646,510 $0 $0
2014 $9,553 $627,680 $0 $0
2013 -- $609,400 $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: 18-1165

APN: R73420