NOT LISTED FOR SALE

695 SW 26th Ln Lincoln City, OR 97367

Estimated Value: $693,181 - $847,000

3 Beds
3 Baths
1,769 Sq Ft
$447/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $685,000 $387 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,863/month

259 Days on Market

Highlights

  • Deck
  • Park or Greenbelt View
  • Detached Garage
  • Wood Flooring
  • Cottage
  • Patio

About This Home

As of May 2024

Discover Coastal Bliss at Olivia Beach! Located in designated short term rental zone & has been successful rental for only 2 years. Experience coastal living at its finest in this charming 3bed, 2.5bath gem w/ separate guest cottage. Nestled in a vibrant community, close proximity to the beach & charming Olivia beach community amenities including park and pool. Incredibly maintained boasting hardwood floors, granite countertops ,wainscoting, kitchen aide appliances, hot tub & outdoor shower w/hot water.

Last Agent to Sell the Property

Brian Bemis

RE/MAX Integrity, Salem License #200603608 Listed on: 01/24/2024

RE/MAX Integrity, Salem

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 2007

Lot Details

  • 3,049 Sq Ft Lot
  • Irregular Lot
  • Property is zoned VR Vacation Rental

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Cottage
  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Park or Greenbelt Views
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Zoned Cooling
  • Wall Furnace
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 071122CA-8400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,074

Year Built

Built in 2007

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Road Surface Type: Paved
  • Subdivision Name: Olivia Beach
  • Directions: HWY 101, west on SW 29th, turn right on SW Coast, left on SW 26th Ln. Second home on the right. Home comes fully furnished.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 2007
  • 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: 3049
  • General Property Description:_pound_ of Acres: 0.07
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 8400
  • 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
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 51
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Siding:Lap: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Sewer:Public2: Yes
  • Siding:Shake2: Yes
  • HeatingCooling:Wall Furnace: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile

Exterior Features

  • Lot Features: Irregular Lot
  • View: Park
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 480.0
  • 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
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 071122CA-8400-00
  • Zoning: VR Vacation Rental

Tax Info

  • Tax Annual Amount: 6074.26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
May 22, 2024
Sold by
Reedal Jeremy and Reedal Katy
Bought by
Abell Sara and Abell Matthew
Seller's Agent
Brian Bemis
RE/MAX Integrity, Salem
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$749,900
Sold Price
$685,000
Premium/Discount to List
-$64,900
-8.65%
Views
149
Current Estimated Value
$791,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,545
Avg. Annual Appreciation
9.91%
Original Mortgage
$548,000
Outstanding Balance
$540,316
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$251,229

Purchase Details

Listed on
Apr 9, 2019
Closed on
Jun 19, 2019
Sold by
Levine David P and Levine Nancy P
Bought by
Reedal Jeremy and Reedal Katy
Seller's Agent
Debra Williams
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$458,400
Sold Price
$453,400
Premium/Discount to List
-$5,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$366,720
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2008
Sold by
Olivia Beach Llc
Bought by
Levine David P and Levine Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Abell Sara $685,000 First American Title
Reedal Jeremy $458,400 Wfg Title
Levine David P $487,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abell Sara $548,000
Previous Owner Reedal Jeremy $366,720
Previous Owner Levine David P $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $685,000 -5.5% $387 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $725,000 -3.3% $410 / Sq Ft
03/14/2024 03/14/24 Price Changed $749,900 0.0% $424 / Sq Ft
03/14/2024 03/14/24 For Sale $749,900 -2.6% $424 / Sq Ft
03/02/2024 03/02/24 Off Market $769,900 -- --
01/24/2024 01/24/24 Price Changed $769,900 -0.7% $435 / Sq Ft
01/24/2024 01/24/24 For Sale $775,000 +13.1% $438 / Sq Ft
01/23/2024 01/23/24 Off Market $685,000 -- --
11/27/2023 11/27/23 For Sale $775,000 0.0% $438 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
09/23/2023 09/23/23 Price Changed $775,000 -11.4% $438 / Sq Ft
08/03/2023 08/03/23 For Sale $875,000 +93.0% $495 / Sq Ft
06/21/2019 06/21/19 Sold $453,400 -1.1% $256 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $458,400 -- $259 / 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 $6,425 $376,890 -- --
2023 $6,248 $365,920 $0 $0
2022 $6,074 $355,270 $0 $0
2021 $5,786 $344,930 $0 $0
2020 $5,653 $334,890 $0 $0
2019 $5,461 $325,140 $0 $0
2018 $5,338 $315,670 $0 $0
2017 $5,109 $306,480 $0 $0
2016 $4,791 $297,560 $0 $0
2015 $4,684 $288,900 $0 $0
2014 $4,565 $280,490 $0 $0
2013 -- $272,330 $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: 23-1531

APN: R522191