Closed

$420,000

1232 NW 16th St, Lincoln City, OR 97367

3beds

2baths

1,726sqft

Single Family Residence

Built in 1958

4,791 Square Feet Lot

$520,800 Zestimate^®

$243/sqft

$2,574 Estimated rent

Home value

$520,800

$464,000 - $578,000

$2,574/mo

Zestimate^® history

Owner options

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$2,574/mo

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$2,574/mo

Rent Zestimate^®

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$2,670/mo

Est. payment

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$2,670/mo

Est. payment

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What's special

Fantastic NW Lincoln City location. featuring ocean views from the upstairs family room complete with a large deck and a wet bar. This 1726sq ft, 3bd / 2bth home is perfect for permanent coastal life or is zoned to allow for nightly rentals. (Buyers to confirm license availability with Lincoln City Planning Dept.). Priced for quick sale this property provides for extraordinary investment opportunity and/or plain ol' sweat equity. Open living coastal lifestyle just a block or two from the beach and right in the center of town close to all sorts of shops and restaurants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Has Heating (Unspecified Type)

Features

Vaulted Ceiling(s)
Flooring: Carpet, Other
Has basement: No

Interior area

Total structure area: 1,726
Total interior livable area: 1,726 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Garage
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 4,791 Square Feet
Dimensions: 50 x !00'

Details

Parcel number: 071110DB1830000
Zoning description: OP - Oceanlake Plan District

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Concrete
Foundation: Concrete Perimeter, Pillar/Post/Pier
Roof: Built-Up

Condition

Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

Community & HOA

Community

Subdivision: Devils Lake Park

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $243/sqft
Tax assessed value: $672,200
Annual tax amount: $3,897
Date on market: 9/15/2023
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
11/14/2023	Sold	$420,000-1.2%$243/sqft
Source: OCMLS #LC-99588 Report a problem
9/21/2023	Pending sale	$425,000$246/sqft
Source: OCMLS #23-1815 Report a problem
9/14/2023	Listed for sale	$425,000$246/sqft
Source: OCMLS #23-1815 Report a problem
1/4/2021	Sold	$425,000$246/sqft
Source: OCMLS #LC-92176 Report a problem
12/3/2020	Pending sale	$425,000$246/sqft
Source: JKI Realty #20-2347 Report a problem
11/4/2020	Listed for sale	$425,000$246/sqft
Source: JKI Realty #20-2347 Report a problem
11/3/2020	Pending sale	$425,000$246/sqft
Source: JKI Realty #20-2347 Report a problem
10/29/2020	Listed for sale	$425,000+33.6%$246/sqft
Source: JKI Realty #20-2347 Report a problem
3/8/2018	Listing removed	$318,000$184/sqft
Source: Emerald Coast Realty-Seal Rock #17689433 Report a problem
2/2/2018	Listed for sale	$318,000$184/sqft
Source: Emerald Coast Realty , Inc Depoe Bay #18-21 Report a problem
1/22/2018	Pending sale	$318,000$184/sqft
Source: Emerald Coast Realty , Inc Depoe Bay #18-21 Report a problem
1/3/2018	Price change	$318,000-9.1%$184/sqft
Source: Emerald Coast Realty , Inc Depoe Bay #18-21 Report a problem
8/24/2017	Price change	$349,900-4.1%$203/sqft
Source: Emerald Coast Realty , Inc Depoe Bay #17-1937 Report a problem
7/3/2017	Listed for sale	$365,000$211/sqft
Source: Emerald Coast Realty , Inc Depoe Bay #17-1937 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,061 +1.6%	$249,050 +3%
2024	$3,999 +2.8%	$241,800 +3%
2023	$3,888 +2.9%	$234,760 +3%
2022	$3,780 +1.8%	$227,930 +3%
2021	$3,712 +5.5%	$221,300 +3%
2020	$3,518	$214,860 +3%
2019	--	$208,610 +3%
2018	$3,425	$202,540 +3%
2017	$3,425 +11.4%	$196,650 +3%
2016	$3,074	$190,930 +9.9%
2015	$3,074 +3.2%	$173,660 -3.5%
2012	$2,979 +4.1%	$179,980 +3%
2011	$2,861 +4.1%	$174,740
2010	$2,748 +3.1%	$174,740 +6.1%
2009	$2,664 +2.6%	$164,720
2008	$2,596 +2.3%	$164,720 +6.1%
2007	$2,538	$155,280