NOT LISTED FOR SALE

585 SW 27th Way Lincoln City, OR 97367

Estimated Value: $707,000 - $884,000

3 Beds
3 Baths
1,582 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $799,000 $505 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,874/month

Highlights

  • Deck
  • Wood Flooring
  • Furnished
  • Vaulted Ceiling
  • Park or Greenbelt View
  • Covered patio or porch

About This Home

As of May 2023

Park-Front Gorgeous custom-designed Olivia Beach contemporary beach house with carriage house over garage - in the Vacation Rental Zone of Lincoln City. Attention to detail throughout. Gas fireplace, granite counters, wood, tile & carpet floors. Lots of parking. Numerous builder upgrades & newer appliances. Guest room in carriage house plus 3 bed / 2.5 bath in main house. Large patio w/ built in bench, BBQ & hot tub. Front porch and upper balcony overlook park to enjoy a morning cuppa or to toast the sunset. Short distance from beach accesses. Located in a highly desirable, charming, peaceful neighborhood of custom-built traditional New England Style homes. Park offers beach volleyball, play structure, swings, fire pit, lots of lawn. HOA provides swimming pool and recreation center. Currently successful vacation rental. Buyer due diligence regarding rental license requirements. Buyer to honor all bookings.

Last Agent to Sell the Property

Sarah Johnson

Taylor & Taylor Realty Company License #201212037 Listed on: 04/19/2023

Last Buyer's Agent

Leah Michelson

Taylor & Taylor Realty Company License #201229785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,783

Year Built

  • Built in 2008

Lot Details

  • 3,920 Sq Ft Lot
  • Irregular Lot
  • Property is zoned VR Vacation Rental

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Shingle Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,582 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Park or Greenbelt Views
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

  • Association fees include insurance
  • Visit Association Website
  • Olivia Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 9100
  • Assessor Parcel Number 071122CA-9100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,783

Year Built

Built in 2008

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size: Approx. 100x95x30x54
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Olivia Beach
  • Directions: Highway 101 to SW 32nd. Right on SW Coast to Anemone. Left on Anemone to SW 27th Way. Private deeded parking area- 1st property on right.
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 2008
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Park
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 3920
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 9100
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Bungalow
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Approx. 100x95x30x54
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Shingle2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Park
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • Association Fee Inclusions:Other11: See HOA Docs: upon accepted offer
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • Association Fee Inclusions:Operating Expenses: Yes
  • CondoAssociation:Association Website: https://communitymgt.com/

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 071122CA-9100-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 4783.39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 12, 2022
Sold by
Shawen Richard G
Bought by
Gobet-Pomeroy Heather J
Seller's Agent
Sarah Johnson
Taylor & Taylor Realty Company
Buyer's Agent
Sarah Johnson
Taylor & Taylor Realty Company
List Price
$675,000
Sold Price
$725,000
Premium/Discount to List
$50,000
7.41%
Current Estimated Value
$785,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,782
Avg. Annual Appreciation
3.62%
Original Mortgage
$543,750
Outstanding Balance
$514,611
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$301,042

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 21, 2018
Sold by
Paull David S and Paull Amanda L
Bought by
Shawen Richard G and Shawen Kari O
Seller's Agent
Suzanne Palanuk
Olivia Beach Sales
Buyer's Agent
Suzanne Palanuk
Olivia Beach Sales
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$340,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2013
Sold by
Paull David S and Paull Amanda L
Bought by
Paull David S and Paull Amanda L

Purchase Details

Closed on
Dec 14, 2009
Sold by
Olivia Beach Llc
Bought by
Paull David S and Paull Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,614
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gobet-Pomeroy Heather J $725,000 Western Title
Shawen Richard G $425,000 Western Title & Escrow
Paull David S -- None Available
Paull David S $398,460 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gobet-Pomeroy Heather J $543,750
Closed Gobet-Pomeroy Heather J $543,750
Previous Owner Shawen Richard G $340,000
Previous Owner Paull David S $358,614
Previous Owner Olivia Beach Llc $315,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $799,000 0.0% $505 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $799,000 +10.2% $505 / Sq Ft
04/15/2022 04/15/22 Sold $725,000 +7.4% $458 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $675,000 +58.8% $427 / Sq Ft
02/23/2018 02/23/18 Sold $425,000 -3.2% $269 / Sq Ft
01/24/2018 01/24/18 For Sale $439,000 -- $277 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
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 $5,060 $296,800 -- --
2023 $4,921 $288,160 $0 $0
2022 $4,783 $279,770 $0 $0
2021 $4,557 $271,630 $0 $0
2020 $4,452 $263,720 $0 $0
2019 $4,300 $256,040 $0 $0
2018 $4,204 $248,590 $0 $0
2017 $4,023 $241,350 $0 $0
2016 $3,773 $234,330 $0 $0
2015 $3,689 $227,510 $0 $0
2014 $3,595 $220,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Johnson

    Seller's Agent in 2023

    Sarah Johnson

    Taylor & Taylor Realty Company

    (541) 921-9236

    158 Total Sales

    Section Image
  • Leah Michelson

    Buyer's Agent in 2023

    Leah Michelson

    Taylor & Taylor Realty Company

    (503) 929-2412

    103 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Suzanne Palanuk

    Olivia Beach Sales

    Section Image
See All Agents

Map

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

MLS Number: 23-656

APN: R522198

Oregon Lincoln County Lincoln City 97367

585 SW 27th Way, Lincoln City, OR

This home is located at 585 SW 27th Way, Lincoln City, OR 97367 since 19 April 2023 and is currently estimated at $815,653, approximately $515 per square foot. This property was built in 2008. 585 SW 27th Way is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes