Closed

$500,000

1254 SE 48th Pl, Lincoln City, OR 97367

2beds

2baths

1,248sqft

Single Family Residence

Built in 2020

5,227 Square Feet Lot

$566,700 Zestimate^®

$401/sqft

$3,260 Estimated rent

Home value

$566,700

$538,000 - $601,000

$3,260/mo

Zestimate^® history

Owner options

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$3,260/mo

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$3,260/mo

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$3,053/mo

Est. payment

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$3,053/mo

Est. payment

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What's special

OWNER CARRY option available . see documents. bay view, centrally located almost brand new home. Just come in and unpack. Peak of the bay, close to Taft beach access, this home offers two primary bedrooms. In some parts of the country, this home would be described as a raised ranch. living quarters are above the garage. Two of the bays have a garage door and 1 is used as a workshop. The home has a lot of quaint touches such as the lights that come on when you use the stairs. Extra wide stairs that could potentially accommodate a rail seat. closet lights that come on when you enter. Covered deck and an alarm system completes this amazing home.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Has Heating (Unspecified Type)

Appliances

Included: Dryer, Dishwasher, Gas Oven, Gas Range, Washer, Water Heater

Features

Flooring: Other
Basement: Daylight

Interior area

Total structure area: 1,248
Total interior livable area: 1,248 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 5,227 Square Feet
Features: Irregular Lot

Details

Additional structures: None
Parcel number: 071127DC70000
Zoning description: R7.5

Construction

Type & style

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

Materials

Concrete
Foundation: Slab
Roof: Shingle

Condition

Year built: 2020

Utilities & green energy

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

Community & HOA

Community

Subdivision: Taft

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $401/sqft
Tax assessed value: $632,480
Annual tax amount: $5,750
Date on market: 8/1/2023
Listing terms: 1031 Exchange,Cash,Conventional,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/27/2023	Sold	$500,000-2%$401/sqft
Source: OCMLS #LC-99367 Report a problem
12/11/2023	Pending sale	$510,000$409/sqft
Source: RMLS (OR) #23337474 Report a problem
10/30/2023	Price change	$510,000-3.8%$409/sqft
Source: RMLS (OR) #23337474 Report a problem
10/16/2023	Price change	$530,000-1.9%$425/sqft
Source: RMLS (OR) #23337474 Report a problem
9/13/2023	Price change	$540,000-3.6%$433/sqft
Source: RMLS (OR) #23337474 Report a problem
8/25/2023	Price change	$560,000-2.6%$449/sqft
Source: RMLS (OR) #23337474 Report a problem
8/13/2023	Price change	$575,000-4%$461/sqft
Source: RMLS (OR) #23337474 Report a problem
8/1/2023	Listed for sale	$599,000+989.1%$480/sqft
Source: RMLS (OR) #23337474 Report a problem
12/7/2018	Sold	$55,000-8.3%$44/sqft
Source: OCMLS #LC-85255 Report a problem
10/10/2018	Pending sale	$60,000$48/sqft
Source: Coldwell Banker Gesik Realty, Inc. #18-1480 Report a problem
6/3/2018	Listed for sale	$60,000-13%$48/sqft
Source: Coldwell Banker Gesik Realty, Inc #18-1480 Report a problem
1/5/2016	Listing removed	$69,000$55/sqft
Source: Coast Property & Investment Realty, Inc #14-1146 Report a problem
4/30/2014	Listed for sale	$69,000$55/sqft
Source: Coast Property & Investment Realty Inc. #14-1146 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,900 +2.8%	$356,800 +3%
2023	$5,738 +2.9%	$346,410 +3%
2022	$5,578 +16.9%	$336,330 +18.3%
2021	$4,771 +505.6%	$284,420 +491.2%
2020	$788	$48,110 +3%
2019	--	$46,710 +3%
2018	$767	$45,350 +3%
2017	$767 +11.4%	$44,030 +3%
2016	$688	$42,750 +3%
2015	$688 +4.9%	$41,510 +3%
2014	$656	$40,310 +3%
2013	$656 +4.3%	$39,140 +3%
2012	$629 +4.1%	$38,000 +3%
2011	$604 +4.1%	$36,900
2010	$580 +3.1%	$36,900 +6.1%
2009	$563 +2.6%	$34,790
2008	$548 +2.2%	$34,790 +6.1%
2007	$536	$32,800