NOT LISTED FOR SALE

5987 El Mar Ave Lincoln City, OR 97367

Coronado Shores Neighborhood

Estimated Value: $56,000 - $81,000

0.22 Acre
$294,032 Price per Acre
9,583 Sq Ft Lot

Last Sold July 18, 2023

Last sale price $55,000

Est. 18% increase in value since last sale

Current estimated payment $417/month

124 Days on Market

About This Lot

As of July 2023

Your chance to own a home in Coronado Shores. This land comes with permitted house plans. Bring your own builder or use the seller who is a licensed design/build company (total cost $750,000 for completed home). Minor changes can be made to the house plans. Plans feature an open kitchen with skylight, island, dining/living room with
hardwoods & a fireplace, slider to deck. Upstairs has a primary bedroom with private deck, bath with dual sinks, tub, walk in shower and closet. 2nd bedroom with full bath. Daylight basement has an exterior entrance, bedroom, bathroom, it's own laundry and a deck. Elevator. Tankless water heater, 2 car garage. HOA includes clubhouse, seasonal salt water pool,cabana and private trail and beach access.No rentals or AirBnB's allowed.

Last Agent to Sell the Property

Jennifer Venable

John L Scott Portland NE License #200409257 Listed on: 03/07/2023

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $284

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 58.1x182.78x79.29x126.9
  • Sloped Lot
  • Property is zoned R-1-A Residential

HOA Fees

  • $37 Monthly HOA Fees

Utilities

  • Septic System

Listing and Financial Details

  • Tax Lot 18107
  • Assessor Parcel Number 081116DC-18107-00

Community Details

Overview

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

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$284

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.22
  • Lot Size: 58.1x182.78x79.29x126.9
  • Lot Size Sq Ft: 9583.2
  • Road Surface Type: Paved
  • Subdivision Name: Coronado Shores
  • Directions: Hwy 101 South to Cornonado Shores. Right onto Hillcrest St. to Balboa Ave, Right on Palisades Road which becomes Hacienda Ave. Right on El Mar Ave, property on your right
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 9424
  • General Property Description:_pound_ of Acres: 0.22
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 18107
  • Miscellaneous Survey: Yes
  • Miscellaneous:Manufactured Allowed: No
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Sewer:City Street2: Yes
  • Septic:Sewer: Yes
  • General Property Description:Lot Dimensions: 58.1x182.78x79.29x126.9
  • Water:Public: Yes
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association Fee: 444.0
  • Association Fee Frequency: Yearly
  • 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:Other11: Clubhouse, salt water & kid pool,cabana
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly
  • CondoAssociation:Association Website: https://www.coronadoshoresbc.org/

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 081116DC-18107-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 284.47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Jul 18, 2023
Sold by
Method Construction Incorporated
Bought by
Samizadeh Pedram and Rustami Asrabadi Parveen
Seller's Agent
Jennifer Venable
John L Scott Portland NE
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$149,999
Sold Price
$55,000
Premium/Discount to List
-$94,999
-63.33%
Views
2
Current Estimated Value
$64,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,687
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Jan 27, 2021
Sold by
Shaffer Thomas A and Shaffer Eileen
Bought by
Method Construction Incorporated
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Samizadeh Pedram $55,000 Fidelity National Title
Method Construction Incorporated $27,000 Lawyers Title Of Oregon Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $55,000 -63.3% --
07/10/2023 07/10/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $149,999 -- --
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 $321 $23,630 $23,630 --
2023 $293 $22,950 $0 $0
2022 $284 $22,290 $0 $0
2021 $277 $21,650 $0 $0
2020 $270 $21,020 $0 $0
2019 $253 $20,410 $0 $0
2018 $249 $19,820 $0 $0
2017 $241 $19,250 $0 $0
2016 $234 $18,690 $0 $0
2015 $228 $18,150 $0 $0
2014 -- $17,630 $0 $0
2013 -- $17,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jennifer Venable

    John L Scott Portland NE

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 23-351

APN: R194474

Oregon Lincoln County Lincoln City 97367 Coronado Shores

5987 El Mar Ave, Lincoln City, OR

This home is located at 5987 El Mar Ave, Lincoln City, OR 97367 since 07 March 2023 and is currently estimated at $64,687. 5987 El Mar Ave is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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