NOT LISTED FOR SALE

6465 NW Logan Rd Lincoln City, OR 97367

Estimated Value: $914,000 - $1,661,000

6 Beds
4 Baths
2,264 Sq Ft
$607/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $1,453,000 $642 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,221/month

226 Days on Market

Highlights

  • Ocean Front
  • Traditional Architecture
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Living Room

About This Home

As of January 2024

A breathtaking oceanfront active vac. rental located in the desirable Roads End area of Lincoln City. This stunning property offers a prime location with direct beach access & panoramic views of the Pacific Ocean with approx. 55ft of ocean frontage, making it a perfect getaway for those seeking a relaxing coastal retreat. This property has an extremely successful rental history with approx. $151,000 in gross income for 2022! Whether you're looking for a profitable investment property or a stunning vacation home, this property has it all. Buyer to perform due diligence for vacation rental eligibility. Buyer to honor all future paid booking. Seller(s) is a licensed real estate agent. Seller to provide up to a max. of $30,000 credit to be used as an int. rate buydown at successful closing.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 04/11/2023

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Michelle Carlon

Berkshire Hathaway HomeServices NW - Netarts License #201208127

Berkshire Hathaway HomeServices NW - Netarts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,091

Year Built

  • Built in 1938

Lot Details

  • 0.28 Acre Lot
  • Ocean Front
  • Property is zoned R-1-RE Residential (Roads End)

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 061134AD-100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,091

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
  • Subdivision Name: Road's End
  • Directions: From Hwy 101, turn west onto NW Logan Rd. and follow to property. Located on the left-hand side.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • 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:Lot SqFt: 12,197
  • General Property Description:_pound_ of Acres: 0.28
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 100
  • General Property Description:Total Bedrooms: 6
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • 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
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 19
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061134AD-100-00
  • Zoning: R-1-RE Residential (Roads End)

Tax Info

  • Tax Annual Amount: 11090.52
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Dec 22, 2023
Sold by
Klug Manor Llc
Bought by
Geier Douglas E
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Michelle Carlon
Berkshire Hathaway HomeServices NW - Netarts
List Price
$1,999,000
Sold Price
$1,453,000
Premium/Discount to List
-$546,000
-27.31%
Views
30
Current Estimated Value
$1,375,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,865
Avg. Annual Appreciation
-3.08%
Original Mortgage
$1,160,000
Outstanding Balance
$1,139,688
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$235,447

Purchase Details

Closed on
May 8, 2018
Sold by
Mallicoat Dale R and Mallicoat Mary Jo
Bought by
Klug Manor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Parrott Walter R and Parrott Barbara A
Bought by
Mallicoat R Dale and Mallicoat Mary Jo
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
Geier Douglas E $1,453,000 Western Title
Klug Manor Llc $795,000 Western Title
Mallicoat R Dale $1,177,195 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geier Douglas E $1,160,000
Previous Owner Klug Manor Llc $645,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $1,453,000 -27.3% $642 / Sq Ft
04/11/2023 04/11/23 For Sale $1,999,000 -- $883 / 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 $11,420 $674,930 -- --
2023 $11,091 $655,280 $0 $0
2022 $10,658 $636,200 $0 $0
2021 $9,682 $594,270 $0 $0
2020 $10,342 $617,670 $0 $0
2019 $9,976 $599,680 $0 $0
2018 $9,637 $582,220 $0 $0
2017 $9,445 $579,120 $0 $0
2016 $9,029 $565,860 $0 $0
2015 $8,838 $549,380 $0 $0
2014 $8,216 $533,380 $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: 23-597

APN: R316920