Sold for $410,000

Listed by: Silverton Realty, Inc. • KIRSTEN BARNES • Contact: 503-999-7590

Bought with: Non-Member Sale

$410,000

5620 Palisades Dr, Lincoln City, OR 97367

2beds

832sqft

Single Family Residence

Built in 1978

7,840 Square Feet Lot

$378,900 Zestimate^®

$493/sqft

$2,251 Estimated rent

Home value

$378,900

$314,000 - $455,000

$2,251/mo

Zestimate^® history

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$2,968/mo

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What's special

Gas fireplaceSeasonal saltwater poolHot tubPrivate beach accessOceanfront cabanaPlenty of storageVinyl windows

Furnished, well-maintained single level 2 bedroom, 1-bath Ranch style home, nestled in Coronado Shores Beach Club, on the Central Oregon Coast. Open floor plan makes 832sqft perfect for vacation or fulltime living. Plenty of storage inside and a garden shed outside. Easy to maintain natural landscape. Six-minute walk to private beach access and oceanfront cabana. Four-minute walk to clubhouse, seasonal saltwater pool, hot tub, basketball hoop, and social activity opportunities. Low HOA ($38 a month).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main
Area: 135.06
Dimensions: 11.33 x 11.92

Bedroom 2

Level: Main
Area: 124.67
Dimensions: 11.33 x 11

Dining room

Features: Area (Combination)

Kitchen

Level: Main
Area: 102
Dimensions: 11.33 x 9

Living room

Level: Main
Area: 269.27
Dimensions: 13.75 x 19.58

Heating

Electric

Appliances

Included: Dishwasher, Disposal, Electric Range, Range Included, Gas Water Heater

Features

High Speed Internet
Flooring: Carpet, Vinyl
Has fireplace: Yes
Fireplace features: Gas, Living Room

Interior area

Total structure area: 832
Total interior livable area: 832 sqft

Property

Parking

Total spaces: 1
Parking features: Carport
Garage spaces: 1
Has carport: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Graypurple
Pool features: Association
Fencing: Partial
Has view: Yes
View description: Territorial

Lot

Size: 7,840 Square Feet
Dimensions: 113'5 x 55' (80' in rear)
Features: Irregular Lot

Details

Additional structures: Shed(s)
Parcel number: 081121AB0880000
Zoning: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding, T111
Foundation: Continuous
Roof: Composition

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Coronado Shores D2

HOA

Has HOA: Yes
Amenities included: Other (Refer to Remarks)
HOA fee: $456 annually

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $493/sqft
Tax assessed value: $343,900
Annual tax amount: $2,298
Price range: $410K - $410K
Date on market: 1/31/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan

Price history

Date	Event	Price
3/12/2025	Sold	$410,000-2.4%$493/sqft
Source: WVMLS #824660 Report a problem
2/22/2025	Pending sale	$420,000$505/sqft
Source: RMLS (OR) #581389267 Report a problem
2/22/2025	Contingent	$420,000$505/sqft
Source: WVMLS #824660 Report a problem
1/31/2025	Listed for sale	$420,000+115.4%$505/sqft
Source: WVMLS #824660 Report a problem
6/18/2008	Sold	$195,000$234/sqft
Source: OCMLS #08-771 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,322 +4.2%	$174,150 +3%
2024	$2,229 +9.5%	$169,080 +3%
2023	$2,036 +3.2%	$164,160 +3%
2022	$1,973 -0.5%	$159,380 +3%
2021	$1,982 +4.4%	$154,740 +3%
2020	$1,899	$150,240 +3%
2019	--	$145,870 +3%
2018	$1,777	$141,630 +3%
2017	$1,777 +6.1%	$137,510 +3%
2016	$1,675	$133,510 +3%
2015	$1,675 +11.1%	$129,630 +3%
2014	$1,507	$125,860 +3%
2013	$1,507 +6.1%	$122,200 +3%
2012	$1,420 +9.1%	$118,650 +3%
2011	$1,301 +3%	$115,200
2010	$1,264 +3.2%	$115,200 +6.1%
2009	$1,224 +2.6%	$108,600
2008	$1,194 +3.1%	$108,600 +6.1%
2007	$1,157	$102,370