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Off market
  • $1,157,500

    3231 NW Inlet Ave, Lincoln City, OR 97367

    5beds
    6baths
    2,842sqft
    MultiFamily
    Built in 1938
    -- sqft lot
    $1,157,500 Zestimate®
    $407/sqft
    $2,006 Estimated rent

    Home value

    $1,157,500

    $1.04M - $1.28M

    $2,006/mo

    Zestimate® history
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    $5,704/mo

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    What's special

    This popular and one of a kind Northwest Lincoln City Oceanfront Inn known as the ''Purple Moon Inn'', features Direct steps to beach, 2 story building, Low bank beach access. 3 romantic suites with 1 bedroom, 2 baths in each unit. Many amenities featured, each unit has a full kitchen, Relax in your private jacuzzi jetted tub, gas fireplace, private oceanfront decks on each suite, and even a library/study area for quiet time. Great investment opportunity as the total projected for 2021 would be $148,611.00. Located in the R/C zoning, there is just an occupational tax permit required, so there is no waiting period or VRD permit required for this property, since the property is listed with the county and city as a motel/inn. More pictures coming soon!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Wall, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,842 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Levels: Two
    • Exterior features: Other
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 071103DC0550000
    • Zoning: RC - Recreational Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1938

    Utilities & green energy

    • Electric: On Property
    • Gas: On Property
    • Sewer: City Property

    Community & neighborhood

    Location
    • Region: Lincoln City

    Other

    Other facts
    • Internal Features: Dishwasher, Refrigerator, Microwave
    • State/Province: OR
    • View: Ocean
    • Style: Traditional
    • Street Surface: Paved
    • Electric: On Property
    • Sewer: City Property
    • Hwy 101: West Side
    • Internal Features: Furnished: Yes
    • Frontage: Ocean
    • Ceiling: Flat
    • Alternate Heat: Gas Fireplace
    • Gas: On Property
    • Siding: Cedar
    • Flooring: Carpet, Vinyl
    • Walls: Paint
    • Deck/Patio: Deck
    • Foundation: Slab
    • Heating/Cooling: Other - Heat, Other - Cooling
    • Status: Pending - Continue to Show
    • Zoning: RC - Recreational Commercial
    • Levels: Two
    • Internal Features: Range/Oven: Electric
    • Major Area: Lincoln City
    • Roof: Composition
    • Water: City

    Price history

    DateEventPrice
    12/21/2021Sold$1,100,000-8.3%$387/sqft
    Source: RMLS (OR) #21603333 Report a problem
    10/9/2021Pending sale$1,200,000$422/sqft
    Source: RMLS (OR) #21603333 Report a problem
    9/10/2021Listed for sale$1,200,000$422/sqft
    Source: OCMLS #21-1784 Report a problem
    8/6/2021Pending sale$1,200,000$422/sqft
    Source: OCMLS #21-1784 Report a problem
    7/22/2021Listed for sale$1,200,000$422/sqft
    Source: RMLS (OR) #21603333 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,129 +2.8%$552,000 +3%
    2023$8,877 +2.9%$535,930 +3%
    2022$8,630 +1.8%$520,330 +3%
    2021$8,475 +5.5%$505,180 +3%
    2020$8,031 $490,470 +3%
    2019-- $476,190 +3%
    2018$7,818 $462,330 +3%
    2017$7,818 +11.4%$448,870 +3%
    2016$7,017 $435,800 +3%
    2015$7,017 +5%$423,110 +3%
    2014$6,686 $410,790 +3%
    2013$6,686 $398,830

    Find assessor info on the county website

    Neighborhood: 97367

    Nearby schools

    GreatSchools rating
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