NOT LISTED FOR SALE

Estimated Value: $1,582,000 - $1,863,568

5 Beds
6 Baths
6,583 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $1,150,000 $175 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,677/month

602 Days on Market

Highlights

  • Ocean Front
  • Gated Community
  • Contemporary Architecture
  • Wine Cellar
  • Built-In Refrigerator
  • Vaulted Ceiling

About This Home

As of May 2019

Grand oceanfront home in the gated community of Lincoln Shore Star Resort, first time on the market! Private gated community with beach access path to miles of sandy beaches! This home features walls of windows with 180 degree view of ocean. Now this 6,500 SqFt luxury home includes custom furnishings, hand picked for each room! Move in ready! Seller to supply inventory. This 5 bedroom/6.5 bathrooms. Top of the line custom features.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Co. License #810604051 Listed on: 08/30/2017

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Co. License #810604051 Listed on: 08/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,651

Year Built

  • Built in 2008

Lot Details

  • 0.57 Acre Lot
  • Ocean Front
  • Level Lot
  • Property is zoned ComRec

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Lap Siding
  • Shingle Siding
  • Cedar

Interior Spaces

  • 6,583 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Wine Cellar
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Ocean Views
  • Security System Owned
  • Washer and Dryer

Kitchen

  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Oceanlake Elementary School
  • Taft High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number R503206

Community Details

Overview

  • Lincoln Shore Estates Homeowner Association, Phone Number (541) 994-9882
  • Nw Lincoln City Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,651

Year Built

Built in 2008

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2008
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 4.2
  • Fireplaces: 2
  • Interior Amenities: CeilingFan, CentralVacuum, Elevator, Marble, SoundSystem, TileFloor, VaultedCeiling, WasherDryer
  • Room 4 Description: WineCellar
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Level: Upper
  • Room 6 Description: _4thBedroom
  • Room 6 Level: Upper
  • Appliances: BuiltinRefrigerator, Dishwasher, Disposal, Granite, Island, Microwave, Pantry
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Janet Garner
  • Main Level Full Bathrooms: 3
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsPartialUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 3.1
  • BathroomsTotalUpperLevel: 1.1
  • Lot Size Range: SqFt20000toAcres1
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,LapSiding,ShingleSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Recirculating,Tankless
  • Security: SecuritySystemOwned
  • Cooling Y N: No
  • Heating: FloorFurnace, ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Gated
  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association Name: Lincoln Shore Estates Homeowner Association
  • Phone: 541-994-9882
  • Association: Yes
  • Association Email: janet_garner@msn.com

Association/Amenities

  • AssociationAddress: 38 Lincoln Shore Estates, Lincoln City OR 97367
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Oceanlake
  • High School: Taft

Lot Info

  • Zoning: ComRec
  • Lot Size Acres: 0.57
  • Lot Size: Irregular
  • Lot Size Sq Ft: 24829.0
  • Parcel #: R503206

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 17651.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
May 6, 2019
Sold by
Simons George T and Gales Carmen M
Bought by
Holmes Thomas L and Holmes Kathleen A
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Co.
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Co.
List Price
$2,500,000
Sold Price
$1,150,000
Premium/Discount to List
-$1,350,000
-54%
Current Estimated Value
$1,677,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,392
Avg. Annual Appreciation
6.04%
Original Mortgage
$805,000
Outstanding Balance
$706,609
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$970,783

Purchase Details

Closed on
Aug 24, 2015
Sold by
Simons George T and Gales Carmen M
Bought by
The Simons & Gales Family Trust

Purchase Details

Closed on
Oct 11, 2005
Sold by
Simons George T and Simons Carmen Gale
Bought by
Picture Book Properties & Investments In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.37%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2005
Sold by
Picture Book Properties & Investments In
Bought by
Simons George T and Gales Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.37%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Holmes Thomas L $1,150,000 Lawyers Title
The Simons & Gales Family Trust -- Accommodation
Picture Book Properties & Investments In $191,200 Western Title & Escrow Co
Simons George T $400,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Thomas L $805,000
Previous Owner Simons George T $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $1,150,000 -54.0% $175 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
08/30/2017 08/30/17 For Sale $2,500,000 -- $380 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $21,249 $1,246,370 -- --
2023 $20,663 $1,210,070 $0 $0
2022 $20,087 $1,174,830 $0 $0
2021 $19,134 $1,140,620 $0 $0
2020 $18,694 $1,107,400 $0 $0
2019 $18,057 $1,075,150 $0 $0
2018 $17,651 $1,043,840 $0 $0
2017 $16,892 $1,013,440 $0 $0
2016 $15,844 $983,930 $0 $0
2015 $15,341 $955,280 $0 $0
2014 $15,096 $927,460 $0 $0
2013 -- $900,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17594015

Regional Multiple Listing Service (RMLS)

APN: R503206