NOT LISTED FOR SALE

6521 NE Neptune Dr Lincoln City, OR 97367

Estimated Value: $597,967 - $746,000

3 Beds
3 Baths
1,520 Sq Ft
$457/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $396,000 $261 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,109/month

90 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Bonus Room
  • Cottage

About This Home

As of January 2020

Perfect Beach House---Ocean view beautifully shingled Roads End 3 bedroom, 2.5 bath well maintained cottage near the beach. Established currently licensed as a nightly rental with 4.9 Star review average. Possible income with occasional personal use or maybe it's just perfect for your full time living. Low maintenance yard, extra deep garage, large paved parking area plus an inside workshop. Downstairs portion of the house can locked off as a separate living area. Furnishings negotiable.

Last Agent to Sell the Property

Carl Felts

Coldwell Banker Professional Group - Lincoln City License #890800236 Listed on: 08/26/2019

Last Buyer's Agent

Jeremy Dean

JKI Realty License #201221636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,557

Year Built

  • Built in 1984

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned R-1-A Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Rau Road's End Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 061135BB-8900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,557

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Gravel
  • Subdivision Name: Rau - Road's End
  • Directions: Off Hwy 101 turn north on Logan Road to NE 66th. East to Neptune. Neptune south to address.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1984
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 8900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 23
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Deck and Patio: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061135BB-8900-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 4557.25
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jan 22, 2020
Sold by
Musson Mai Zhao and Musson Donald G
Bought by
Deshpande Nikhil M and Deshpande Sujata N
Seller's Agent
Carl Felts
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Jeremy Dean
JKI Realty
List Price
$415,000
Sold Price
$396,000
Premium/Discount to List
-$19,000
-4.58%
Current Estimated Value
$694,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,242
Avg. Annual Appreciation
10.24%
Original Mortgage
$297,000
Outstanding Balance
$265,267
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$428,975

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 11, 2017
Sold by
Shafer Roger P and Shafer Lois P
Bought by
Zhao Guizhu and Musson Donald G
Seller's Agent
Carl Felts
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Carl Felts
Coldwell Banker Gesik Realty, Inc
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Beach Bradford A
Bought by
Shafer Roger P and Shafer Lois P
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
Deshpande Nikhil M $396,000 Western Title & Escrow
Zhao Guizhu $369,000 Western Title & Escrow
Shafer Roger P $310,360 Premier Title Of Oregon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshpande Nikhil M $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2020 01/24/20 Sold $396,000 -4.6% $261 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $415,000 +12.5% $273 / Sq Ft
05/15/2017 05/15/17 Sold $369,000 0.0% $243 / Sq Ft View Prior Sale
04/11/2017 04/11/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $369,000 -- $243 / 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 $5,486 $324,230 -- --
2023 $5,335 $314,790 $0 $0
2022 $5,186 $305,630 $0 $0
2021 $4,940 $296,730 $0 $0
2020 $4,826 $288,090 $0 $0
2019 $4,662 $279,700 $0 $0
2018 $4,557 $271,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carl Felts

    Coldwell Banker Professional Group - Lincoln City

  • J

    Buyer's Agent in 2020

    Jeremy Dean

    JKI Realty

  • A

    Buyer Co-Listing Agent in 2020

    Annjelika Dean

    JKI Realty

See All Agents

Map

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

MLS Number: 19-2238

APN: R227369

Oregon Lincoln County Lincoln City 97367

6521 NE Neptune Dr, Lincoln City, OR

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