NOT LISTED FOR SALE

5817 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $1,234,000 - $1,425,000

5 Beds
4 Baths
3,208 Sq Ft
$409/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $675,000 $210 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,266/month

20 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Craftsman Architecture
  • Vaulted Ceiling
  • 3-minute walk to Roads End State Recreation Site

About This Home

As of July 2018

Enjoy endless views & miles of sandy beaches in this low bank oceanfront 5 bdrm., 4 bath home adjacent to the Roads End State Park in the desirable area of Roads End.2nd bedroom on main level is currently used as an entertainment room. Attached bath has 2 closets. This updated home features granite, stainless appliances, hardwood flooring, 2 gas fireplaces, decks for entertaining and an oversized 2-car garage and is close to dining, shopping and the casino. Home is currently a successful vacation rental. Gross rental income in calendar year 2017 was $81,251.52. Rental income in 2018 to date are $6,836.50. Buyers must honor vacation rental bookings.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 05/03/2018

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Sarah Fox

Lincoln City Realty, LLC License #201223353

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,820

Year Built

  • Built in 1964

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 58 x 113
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-1-A Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Road's End Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 061134DA-6200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,820

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.14
  • Lot Size: 58 x 113
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: Road's End
  • Directions: Hwy 101 to Logan Rd. to NW 59th St. to NW Jetty - Just directly south of the Roads End State Park.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 1964
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.14
  • Location Tax and Other Information:Tax Lot: 6200
  • General Property Description:Total Bedrooms: 5
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Roof:Shingle: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: 58 x 113
  • Location Tax and Other Information:Subdv ParcelLot: 16
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Foundation:PillarPostPier: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 5
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061134DA-6200-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 10820.17
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 5, 2018
Sold by
Burco Victor J and Burco Caroline R
Bought by
Defranco Susan J and Defranco John J
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Sarah Fox
Lincoln City Realty, LLC
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%
Current Estimated Value
$1,311,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,456
Avg. Annual Appreciation
9.78%
Original Mortgage
$506,250
Outstanding Balance
$440,571
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$872,388
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
Defranco Susan J $675,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defranco Susan J $506,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $675,000 -9.9% $210 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $749,000 -- $233 / 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 $13,613 $804,520 -- --
2023 $13,238 $781,090 $0 $0
2022 $12,869 $758,340 $0 $0
2021 $12,257 $736,260 $0 $0
2020 $11,976 $714,820 $0 $0
2019 $11,567 $694,000 $0 $0
2018 $11,298 $673,790 $0 $0
2017 $10,820 $654,170 $0 $0
2016 $10,146 $635,120 $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: 18-1138

APN: R104241