$700,000
SOLD OCT 4, 2024

7527 NE Neptune Dr Lincoln City, OR 97367

3 Beds
3 Baths
3,310 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

28% Below List Price

263 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • RV Access or Parking
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2024

Major price reductions allow for updating to suit Buyer's needs. BIG house for the money! Coveted Roads End location with spectacular ocean views, in quiet setting. A freshly painted canvas, this beauty is ready for you to add personal touches. 3 gas fireplaces, hardwood floors, picture windows, formal dining / office or bonus. Curved BI-stairlift for ease from garage entry to top floor. Primary ensuite boasts gas fireplace, ocean views, California closet, jetted spa tub & separate shower. A unique spiral staircase leads to 4th level hideaway with ocean views & access to rooftop outdoor platform. Lower level features large studio suite w/gas fireplace, full bath and kitchen. 2 indoor workshop areas with work benches, utility sink, plenty of storage areas, perhaps a wine cellar?

Last Agent to Sell the Property

Joni Jackson

Cascade Hasson Sotheby's International Realty License #950600214 Listed on: 12/03/2023

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Leah Michelson

Taylor & Taylor Realty Company License #201229785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,302

Year Built

  • Built in 1990

Lot Details

  • 6,970 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-1-A Residential

Home Design

  • Combination Foundation
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,310 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Zoned Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Rau Road's End Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 2101
  • Assessor Parcel Number 061127DA-2101-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,302

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Gravel
  • Inclusions: Appliances /wrkbnchs
  • Subdivision Name: Rau - Road's End
  • Directions: Hwy 101, North on Logan Road, Turn right on NE Neptune Drive.
  • Architectural Style: Daylight/Walkout Basement
  • Garage Yn: Yes
  • Year Built: 1990
  • 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:Lot SqFt: 6970
  • General Property Description:_pound_ of Acres: 0.16
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2101
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.1
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Daylight/Walkout Basement
  • General Property Description:Basement: Yes
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Foundation:Block2: Yes
  • Foundation:Slab: Yes
  • Siding:Cedar: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Foundation:Combination: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Alternate Heat:Gas Stove: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • General Property Description Senior Community YN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Wood

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Combination, Concrete Perimeter, Slab
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061127DA-2101-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 8301.53
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2023
Closed on
Oct 2, 2024
Sold by
Jones Living Trust and Shambaugh Peggy A
Bought by
Sayler Sharon and Sanchez David R
Seller's Agent
Joni Jackson
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Leah Michelson
Taylor & Taylor Realty Company
List Price
$975,000
Sold Price
$700,000
Premium/Discount to List
-$275,000
-28.21%
Views
168
Current Estimated Value
$789,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,286
Avg. Annual Appreciation
15.82%
Original Mortgage
$490,000
Outstanding Balance
$487,285
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$316,317
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 Type Sale Price Title Company
Warranty Deed $700,000 Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $700,000 -12.5% $211 / Sq Ft
08/07/2024 08/07/24 Price Changed $799,950 -3.0% $242 / Sq Ft
07/11/2024 07/11/24 Price Changed $825,000 -2.8% $249 / Sq Ft
06/21/2024 06/21/24 Price Changed $849,000 -8.2% $256 / Sq Ft
04/12/2024 04/12/24 Price Changed $925,000 -5.1% $279 / Sq Ft
12/03/2023 12/03/23 For Sale $975,000 +39.3% $295 / Sq Ft
12/01/2023 12/01/23 Off Market $700,000 -- --
12/01/2023 12/01/23 For Sale $975,000 -- $295 / 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 $8,782 $518,980 -- --
2023 $8,539 $503,870 $0 $0
2022 $8,302 $489,200 $0 $0
2021 $7,907 $474,960 $0 $0
2020 $7,725 $461,130 $0 $0
2019 $7,462 $447,700 $0 $0
2018 $7,294 $434,660 $0 $0
2017 $6,980 $422,000 $0 $0
2016 $6,867 $429,870 $0 $0
2015 $6,714 $417,350 $0 $0
2014 $5,679 $374,570 $0 $0
2013 -- $405,200 $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: 23-2213

APN: R392432