NOT LISTED FOR SALE

704 SE Quay Ave Lincoln City, OR 97367

Estimated Value: $166,000 - $255,000

1 Bed
1 Bath
540 Sq Ft
$409/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $145,000 $269 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,269/month

72 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Studio bedroom
  • Cottage
  • Living Room
  • Shed

About This Home

As of November 2021

Investers ...This little cottage is just waiting for someone to restore or remove and build your beach home. 1 bedroom 1 bath with 2 extra bonus rooms. The roof was replaced 4 years ago, vinyl windows, nice size storage shed. Sold ''as-is''. Close to the out-let mall, restaurants and shops. Seller wants to sell and will look at all offers.

Last Agent to Sell the Property

Cheryl Swan-Agent- Newport, Oreg

Martek Real Estate Brokerage Phone: 541-265-8785 License #980100072 Listed on: 08/07/2021

Last Buyer's Agent

Cheryl Swan-Agent- Newport, Oreg

Martek Real Estate Brokerage Phone: 541-265-8785 License #980100072 Listed on: 08/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1938

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned R-R Recreation Residential

Home Design

  • Cottage
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Utility Room
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Furnace
  • No Heating
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Eagle Point Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 071114CB-17600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.6
  • Road Surface Type: Paved
  • Subdivision Name: Eagle Point
  • Directions: Hwy 101, east on East Devils Lake Dr, pass the mall and left on SE Port, right on SE 8th St. Left on Quay. House on the right.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1938
  • Attribution Contact: 541-265-8785
  • 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: None
  • General Property Description:_pound_ of Acres: 0.06
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 21
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Roof:Metal: Yes
  • DeckPatio:Covered Porch: Yes
  • HeatingCooling:Gas Wall Furnace: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Slab
  • Other Structures: Shed
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071114CB-17600-00
  • Zoning: R-R Recreation Residential

Tax Info

  • Tax Annual Amount: 1118.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Nov 1, 2021
Sold by
Haughes Margare
Bought by
Vertner William and Vertner Joyce
Seller's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
Buyer's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
List Price
$200,000
Sold Price
$145,000
Premium/Discount to List
-$55,000
-27.5%
Current Estimated Value
$221,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,042
Avg. Annual Appreciation
10.89%

Purchase Details

Listed on
May 5, 2017
Closed on
Aug 7, 2017
Sold by
Mensing Monte and Mensing Paula
Bought by
Hughes Margaret
Seller's Agent
David Davis
Dominion Coast and Valley Real
Buyer's Agent
David Davis
Legacy Real Estate
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$65,500
Interest Rate
3.9%
Mortgage Type
Seller Take Back
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
Vertner William $145,000 Western Title & Escrow
Hughes Margaret $99,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Margaret $65,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2021 11/03/21 Sold $145,000 -27.5% $269 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $200,000 +102.0% $370 / Sq Ft
08/11/2017 08/11/17 Sold $99,000 0.0% $183 / Sq Ft View Prior Sale
07/11/2017 07/11/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $99,000 -- $183 / 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 $1,271 $74,010 -- --
2023 $1,236 $71,860 $0 $0
2022 $1,201 $69,770 $0 $0
2021 $1,145 $67,740 $0 $0
2020 $1,118 $65,770 $0 $0
2019 $1,080 $63,860 $0 $0
2018 $1,056 $62,000 $0 $0
2014 $904 $55,100 $0 $0
2013 -- $53,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Davis

    Dominion Coast and Valley Real

  • Dave Davis

    Buyer's Agent in 2017

    Dave Davis

    EXP Realty

    (541) 921-3283

    96 Total Sales

    Dave Davis
    Section Image
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Map

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

MLS Number: 21-1936

APN: R243992

Oregon Lincoln County Lincoln City 97367

704 SE Quay Ave, Lincoln City, OR

Not Listed for Sale

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