NOT LISTED FOR SALE

7248 NE Logan Rd Lincoln City, OR 97367

Estimated Value: $383,000 - $534,000

2 Beds
1 Bath
884 Sq Ft
$511/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $272,000 $308 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,700/month

Highlights

  • Ocean View
  • Cottage
  • Living Room
  • No HOA
  • Forced Air Cooling System
  • 1-Story Property

About This Home

As of April 2021

Single level home. Beach cottage with ocean view. Would make a great starter home. Currently used as a monthly rental.

Last Agent to Sell the Property

FSBO

For Sale By Owner Listed on: 04/06/2021

Last Buyer's Agent

Nadine Hankins

Coldwell Banker Professional Group - Lincoln City License #201007056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned R-1-RE Residential (Roads End)

Home Design

  • Cottage
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Road's End Subdivision

Listing and Financial Details

  • Tax Lot 10401
  • Assessor Parcel Number 061127DD-10401-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Subdivision Name: Road's End
  • Directions: Hwy 101 to Logan Rd to address
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1960
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.13
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 10401
  • General Property Description:Total Bedrooms: 2
  • 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
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:Vinyl: Yes
  • Roof:Membrane: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 2

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Roof: Membrane

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061127DD-10401-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 3500.11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 3, 2021
Sold by
Vanliew Joanne
Bought by
Short Michael Amberg and Short Christine M
Seller's Agent
FSBO
For Sale By Owner
Buyer's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$300,000
Sold Price
$272,000
Premium/Discount to List
-$28,000
-9.33%
Current Estimated Value
$451,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,575
Avg. Annual Appreciation
11.76%
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
Short Michael Amberg $272,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $272,000 -9.3% $308 / Sq Ft
04/06/2021 04/06/21 For Sale $300,000 -- $339 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
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 $4,034 $238,380 -- --
2023 $3,922 $231,440 $0 $0
2022 $3,813 $224,700 $0 $0
2021 $3,632 $218,160 $0 $0
2020 $3,500 $211,810 $0 $0
2019 $3,360 $204,360 $0 $0
2018 $3,425 $206,930 $0 $0
2017 $3,347 $205,210 $0 $0
2016 $3,202 $200,650 $0 $0
2015 $3,134 $194,810 $0 $0
2014 $2,657 $175,270 $0 $0
2013 -- $189,140 $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: 21-709

APN: R189540