$725,000
SOLD APR 15, 2022

585 SW 27th Way Lincoln City, OR 97367

3 Beds
3 Baths
1,582 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$458 Per Sq Ft

7% Above List Price

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Vaulted Ceiling
  • Park or Greenbelt View
  • Furnished

About This Home

As of May 2023

Gorgeous custom-designed Olivia Beach contemporary beach house. Attention to detail throughout. Gas fireplace, granite counters, wood, tile & carpet floors. Lots of deeded parking. Numerous builder upgrades & new appliances. Detached carriage house has guest room. 3 bed 2.5 bath in main house. Large patio w/ built in bench, BBQ & hot tub. Balcony overlooks 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. Exclusive park-front home (Beach volleyball, play structure, swings, fire pit, lots of lawn). HOA provides swimming pool and recreation center. Currently successful vacation rental - check with City for next owner licensing Currently successful vacation rental - check with City for next owner licensing requirements. Bookings blocked after April 11 to accommodate next owner use options.

Last Agent to Sell the Property

Sarah Johnson

Taylor & Taylor Realty Company License #201212037 Listed on: 03/08/2022

Last Buyer's Agent

Sarah Johnson

Taylor & Taylor Realty Company License #201212037 Listed on: 03/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,557

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
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Park or Greenbelt Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

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
  • Joel Mcdonell Association, Phone Number (503) 233-0300
  • Secondary HOA Phone (503) 233-0300
  • Olivia Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 071122CA-9100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,557

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: Paved
  • Subdivision Name: Olivia Beach
  • Directions: Highway 101 to SW 32nd (traffic light). Right on SW Coast. Left on Anemone. Turn into SW 27th Way. Private deeded parking area- first 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: None
  • General Property Description:Secondary View: Park
  • General Property Description:Lot SqFt: 3,920
  • 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
  • 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:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Approx. 100x95x30x54
  • Location Tax and Other Information:Subdv ParcelLot: 45
  • 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
  • Flooring:Tile2: Yes
  • Siding:Shingle2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition

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
  • Phone: 503-233-0300
  • 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:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: Joel McDonell
  • CondoAssociation:Assoc Contact Phone: 503-233-0300
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

  • Association Fee Includes: Insurance

Lot Info

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

Tax Info

  • Tax Annual Amount: 4556.68
  • Tax Year: 2021

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
$815,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,653
Avg. Annual Appreciation
3.59%
Original Mortgage
$543,750
Outstanding Balance
$512,015
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$303,638

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 Western Title
Warranty Deed $425,000 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $398,460 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,750 New Conventional
Closed $543,750 New Conventional
Previous Owner $340,000 New Conventional
Previous Owner $358,614 New Conventional
Previous Owner $315,170 Construction
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

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Map

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

MLS Number: 22-418

APN: R522198