NOT LISTED FOR SALE

7145 NW Logan Rd Lincoln City, OR 97367

Estimated Value: $741,000 - $820,000

3 Beds
1 Bath
1,358 Sq Ft
$568/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $502,333 $370 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,774/month

Highlights

  • Ocean Front
  • Cottage
  • Hot Water Heating System
  • No HOA
  • Living Room
  • Heating System Uses Steam

About This Home

As of December 2020

Unbelievable views from the living and main bedroom. A concrete seawall protects the property from erosion and allows for a more usable and stable back yard. A new gas fired Renni heating system installed 2019. This is one of the best views in town so don't wait long to see this one.

Last Agent to Sell the Property

Gerald Aldrich

Taylor & Taylor Realty Company License #881200093 Listed on: 12/14/2020

Co-Listed By

Karol Aldrich

Taylor & Taylor Realty Company License #971100198

Last Buyer's Agent

Debra Williams

OREGON REALTY COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,609

Year Built

  • Built in 1938

Lot Details

  • 0.28 Acre Lot
  • Ocean Front
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,358 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Vinyl Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Powered By Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5000
  • Assessor Parcel Number 061127DD-5000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,609

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.8
  • Road Surface Type: Paved
  • Directions: N Hwy 101, north on Logan Rd to property
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1938
  • 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: 0.28
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One and One Half
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Roof:Metal: Yes
  • Siding:Concrete Composite: Yes
  • Foundation:PillarPostPier: Yes
  • HeatingCooling:Hot Water: Yes
  • HeatingCooling:Steam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Metal
  • Water On Property: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Hot Water, Steam
  • Heating Yn: Yes
  • Water Source: On Property, Public
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061127DD-5000-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 7609.18
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Dec 18, 2020
Sold by
Beamer Alexander R and Beamer Lori L
Bought by
Watson Richard H and Watson Rita K
Seller's Agent
Gerald Aldrich
Taylor & Taylor Realty Company
Buyer's Agent
Debra Williams
OREGON REALTY COMPANY
List Price
$499,000
Sold Price
$502,333
Premium/Discount to List
$3,333
0.67%
Current Estimated Value
$771,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,131
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 6, 2019
Sold by
Mills D Michael and Green Sharron A
Bought by
Beamer Alexander and Beamer Lori
Seller's Agent
Jennie Morisse
Premiere Property Group LLC
Buyer's Agent
Gerald Aldrich
Taylor & Taylor Realty Co.
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$332,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Watson Richard H $502,333 Western Title & Escrow
Beamer Alexander $415,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beamer Alexander $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $502,333 +0.7% $370 / Sq Ft
12/14/2020 12/14/20 For Sale $499,000 +20.2% $367 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
05/10/2019 05/10/19 Sold $415,000 -3.3% $306 / Sq Ft View Prior Sale
03/19/2019 03/19/19 Pending -- -- --
07/17/2018 07/17/18 For Sale $429,000 -- $316 / 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 $8,829 $521,780 -- --
2023 $8,586 $506,590 $0 $0
2022 $8,346 $491,840 $0 $0
2021 $7,822 $477,520 $0 $0
2020 $7,661 $463,620 $0 $0
2019 $7,609 $459,780 $0 $0
2018 $7,389 $446,390 $0 $0
2017 $7,225 $442,020 $0 $0
2016 $6,819 $429,150 $0 $0
2015 $6,703 $416,660 $0 $0
2014 $6,231 $404,530 $0 $0
2013 -- $392,750 $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: 20-2536

APN: R59199