NOT LISTED FOR SALE

7005 Neptune Ave Lincoln Beach, OR 97388

Lincoln Beach Neighborhood

Estimated Value: $765,862 - $888,000

4 Beds
2 Baths
1,749 Sq Ft
$475/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $545,000 $312 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,026/month

17 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Living Room
  • Deck
  • Octagon House
  • Tile Flooring

About This Home

As of October 2020

Oceanfront front! Home sits high above with outstanding views of the Pacific Ocean. Easy Private Staircase to the sand and miles of beach. Enjoy building a fire and roasting marshmallows with the family. Start the memories

The Octagon/Carousel Home provides two levels, with no interior access to either level. Two Separate homes in one structure. Each level features; Full Kitchen, Living Area , gas fireplace, two bedrooms, plus bath, jet tubs and washer/dryer. Cedar paneling is beautiful. Fully furnished.

Sold ''AS IS''.

Located in Unincorporated Gleneden Beach, may have less restrictions on
the use of your property.

Last Agent to Sell the Property

Brenda Starr

Brenda Starr, RBN Brokerage Phone: 541 961 1706 License #200202199 Listed on: 07/13/2020

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,794

Year Built

  • Built in 1977

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Property is zoned R-1 Residential, Single Family

Home Design

  • Octagon House
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Concrete Siding
  • Tie Down

Interior Spaces

  • 1,749 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Gleneden Beach Subdivision

Listing and Financial Details

  • Tax Lot 4204
  • Assessor Parcel Number 081116AB-4204-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,794

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Gleneden Beach
  • Directions: Hwy 101 to Gleneden Beach Loop, to Sijota Street quick right on Salal and a quick left on to Sijota to Neptune.
  • Architectural Style: Octagon
  • Garage Yn: No
  • Year Built: 1977
  • Attribution Contact: 541 961 1706
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4204
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Octagon
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • HeatingCooling:No - Heat: Yes
  • Foundation:Block2: Yes
  • Flooring:Carpet: Yes
  • Foundation:Tie Downs: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Foundation:PillarPostPier: Yes
  • Miscellaneous Possession: COE+5 Days
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pillar/Post/Pier, Tie Downs
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: None
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 081116AB-4204-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 5794.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Duong Loan and Mackay Donald
Bought by
Mmld Asset Management Series Llc and Mmld Rentals Land Trusts
Current Estimated Value
$830,716

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 30, 2020
Sold by
Groff Morrison H and Groff Morrison A
Bought by
Briggs Derek A and Briggs Mindy
Seller's Agent
Brenda Starr
Brenda Starr, RBN
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$625,000
Sold Price
$545,000
Premium/Discount to List
-$80,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$436,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Harper William M and Harper Carol D
Bought by
Groff Melissa A and Groff Morrison H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,600
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Mmld Asset Management Series Llc -- None Available
Briggs Derek A $545,000 Western Title & Escrow
Groff Melissa A $729,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briggs Derek A $436,000
Previous Owner Groff Melissa A $583,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $545,000 -12.8% $312 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $625,000 -- $357 / 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 $7,448 $537,260 -- --
2023 $6,812 $521,620 $0 $0
2022 $6,602 $506,430 $0 $0
2021 $6,434 $491,680 $0 $0
2020 $6,352 $477,360 $0 $0
2019 $5,794 $463,460 $0 $0
2018 $5,743 $449,970 $0 $0
2017 $5,425 $436,870 $0 $0
2016 $5,329 $428,480 $0 $0
2015 $5,513 $433,860 $0 $0
2014 $5,153 $421,230 $0 $0
2013 -- $408,970 $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: 20-1462

APN: R505688