NOT LISTED FOR SALE

721 SE Port Ave Lincoln City, OR 97367

Estimated Value: $370,946 - $485,000

3 Beds
3 Baths
1,452 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $215,000 $148 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,421/month

59 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Fireplace
  • 1-Story Property

About This Home

As of November 2018

Two homes with a 2bdrm/2bath on one side on Port Ave and 1bdrm/1bath on home on Oar Ave. Use one home for a second home or primary residence and enjoy the rental income of the other home. 3 bedrooms, 3 baths all in 1 level. Both homes are connected through utility room. Close to Mall, shops and restaurants.

Last Agent to Sell the Property

Natividad Grajeda-Weber

Coastal Dreams Real Estate LLC Brokerage Email: grajedaweberrealtor@gmail.com License #200403280 Listed on: 06/15/2018

Last Buyer's Agent

Ross Rehberg

Kelly Right Real Estate of Portland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1957

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Window Treatments
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Eagle Point Eaglet Subdivision

Listing and Financial Details

  • Tax Lot 1,S 10'OF 2 & 11 of;
  • Assessor Parcel Number 071114CB-6900-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,649

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size: 40x125
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Eagle Point - Eaglet
  • Directions: Hwy 101 to Devils Lake Rd. East, left on Port Ave to property on left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1957
  • Attribution Contact: grajedaweberrealtor@gmail.com
  • 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: 0.15
  • Location Tax and Other Information:Tax Lot: 6900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: 40x125
  • Location Tax and Other Information:Subdv ParcelLot: 1,S 10'OF 2 & 11 of;
  • Internal Features:Water Heater: Gas
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Roof:Metal: Yes
  • Sewer:City Property2: Yes
  • Flooring:Tile2: Yes
  • Siding:Vinyl: Yes
  • HeatingCooling:Forced Air - Gas: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1
  • External Features:Parking Spaces: 2.0

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City Property

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071114CB-6900-00
  • Zoning: R-R Recreation Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2649.03
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2024
Sold by
Lincoln County
Bought by
Lincoln County
Current Estimated Value
$407,987

Purchase Details

Closed on
May 26, 2019
Sold by
Lautenschlaeger Phyllis J
Bought by
Lautenschlaeger Phyllis J and Laffin Jamie L

Purchase Details

Listed on
Jun 15, 2018
Closed on
Nov 9, 2018
Sold by
Casillas Rigoberto Guillermo Jimenez and Jimenez Rigoberto
Bought by
Lautenschlaeger Phyllis J
Seller's Agent
Natividad Grajeda-Weber
Coastal Dreams Real Estate LLC
Buyer's Agent
Ross Rehberg
Kelly Right Real Estate of Portland
List Price
$252,900
Sold Price
$215,000
Premium/Discount to List
-$37,900
-14.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$172,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2011
Sold by
Jimenez Rigoberto G and Reyes Norma L
Bought by
Jimenez Rigoberto
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
Lincoln County -- None Listed On Document
Lautenschlaeger Phyllis J $57,323 None Available
Lautenschlaeger Phyllis J $215,000 Western Title & Escrow
Jimenez Rigoberto -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lautenschlaeger Phyllis J $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $215,000 -15.0% $148 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $252,900 -- $174 / 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 $3,280 $191,000 -- --
2023 $3,189 $185,440 $0 $0
2022 $3,100 $180,040 $0 $0
2021 $2,954 $174,800 $0 $0
2020 $2,886 $169,710 $0 $0
2019 $2,787 $164,770 $0 $0
2018 $2,669 $158,850 $0 $0
2017 $2,649 $159,980 $0 $0
2016 $2,529 $155,850 $0 $0
2015 $2,455 $151,320 $0 $0
2014 $2,409 $146,920 $0 $0
2013 -- $142,650 $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: 18-999

APN: R31046