Closed

$395,000

1747 NE Lee Pl, Lincoln City, OR 97367

4beds

2baths

1,848sqft

MultiFamily

Built in 1948

-- sqft lot

$416,500 Zestimate^®

$214/sqft

$1,942 Estimated rent

Home value

$416,500

$367,000 - $471,000

$1,942/mo

Zestimate^® history

Owner options

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$1,942/mo

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$1,942/mo

Rent Zestimate^®

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$2,412/mo

Est. payment

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$2,412/mo

Est. payment

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What's special

Offer Deadline 1-18-25 5 PM. Ocean Views from all levels in this duplex property in the heart of Lincoln City. Zoning allows STR rentals, commercial use and much more! Upper and Middle units each with 2bd 1 bath. Views exist from unfinished daylight basement below. Comes with adjacent tax lot to the South for additional parking and future expansion-redevelopment opportunity. Will need renovations to bring it back to its former glory but the design has stood the test of time. Property is within the opportunity zone.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Has Heating (Unspecified Type)

Appliances

Included: Electric Oven, Electric Range, Water Heater

Features

Flooring: Vinyl, Wood
Has basement: Yes

Interior area

Total structure area: 1,848
Total interior livable area: 1,848 sqft

Property

Parking

Total spaces: 3

Features

Levels: Multi/Split

Lot

Size: 6,969 Square Feet

Details

Additional structures: None
Additional parcels included: T/L 21500 included in sale for total of .15 acres
Parcel number: 071110DB2160000
Zoning description: OP-MSH Main Street Highway

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional

Materials

Cedar, Shingle Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available

Community & HOA

Community

Subdivision: Devils Lake Park

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $214/sqft
Tax assessed value: $363,290
Annual tax amount: $3,276
Date on market: 1/11/2025
Listing terms: 1031 Exchange,Cash
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
4/4/2025	Sold	$395,000-1%$214/sqft
Source: OCMLS #LC-102836 Report a problem
1/20/2025	Pending sale	$399,000$216/sqft
Source: OCMLS #25-61 Report a problem
1/11/2025	Listed for sale	$399,000+638.9%$216/sqft
Source: RMLS (OR) #423992178 Report a problem
10/5/1987	Sold	$54,000$29/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,958 +2.8%	$178,860 +3%
2023	$2,876 +2.9%	$173,660 +3%
2022	$2,796 +1.8%	$168,610 +3%
2021	$2,746 +5.5%	$163,700 +3%
2020	$2,603	$158,940 +3%
2019	--	$154,320 +3%
2018	$2,534	$149,830 +3%
2017	$2,534 +11.4%	$145,470 +3%
2016	$2,274	$141,240 +3.4%
2015	$2,274 +3.9%	$136,570
2014	$2,190	$136,570