Closed

$985,000

5845 El Mar Ave, Lincoln City, OR 97367

3beds

3baths

2,164sqft

Single Family Residence

Built in 1994

0.39 Acres Lot

$1,060,700 Zestimate^®

$455/sqft

$3,391 Estimated rent

Home value

$1,060,700

$986,000 - $1.15M

$3,391/mo

Zestimate^® history

Owner options

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$3,391/mo

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$3,391/mo

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$6,427/mo

Est. payment

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$6,427/mo

Est. payment

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What's special

Spectacular Oceanfront Views from this wonderful updated home in the desirable Beach Community Coronado Shores. Recent updates include new exterior paint, luxury vinyl plank flooring and a new air conditioner. The living room features a gas fireplace, vaulted beamed ceilings and walls of windows for maximizing the ocean views and natural light. The spacious bright kitchen has a skylight, stainless steel appliances, lots of cabinets, counter space and pantry. The large oceanfront primary bedroom has excellent ocean views and its own deck. The ensuite bathroom has dual sinks, nice cabinets and a tiled walk-in shower. The lower level family room has outstanding ocean views and access to the outdoor patio. Also on the lower level are 2 bedrooms and a full updated bathroom. Community amenities include Beach Access, A Clubhouse, an Oceanfront Cabana and a Seasonal Saltwater Pool. Enjoy the Best of the Oregon Coast today in this amazing Oceanfront home.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Has Heating (Unspecified Type)

Cooling

Has cooling: Yes

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater

Features

Beamed Ceilings, Vaulted Ceiling(s)
Flooring: Vinyl
Windows: Window Treatments
Has basement: Yes
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 2,164
Total interior livable area: 2,164 sqft

Property

Parking

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

Features

Levels: Two
Stories: 2
On waterfront: Yes

Lot

Size: 0.39 Acres
Features: Irregular Lot

Details

Parcel number: 081116DC770000
Zoning description: R-1-A Residential

Construction

Type & style

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

Materials

Concrete
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1994

Utilities & green energy

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

Community & HOA

Community

Subdivision: Coronado Shores

HOA

Has HOA: Yes
Services included: Insurance, Maintenance Grounds, Property Taxes for Common Areas, Utilities
HOA fee: $444 annually
HOA phone: 541-390-4488

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $455/sqft
Tax assessed value: $1,001,310
Annual tax amount: $7,268
Date on market: 8/16/2023
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
11/17/2023	Sold	$985,000-6.2%$455/sqft
Source: OCMLS #LC-99240 Report a problem
10/15/2023	Pending sale	$1,050,000$485/sqft
Source: OCMLS #23-1396 Report a problem
9/12/2023	Price change	$1,050,000-8.7%$485/sqft
Source: OCMLS #23-1396 Report a problem
8/16/2023	Listed for sale	$1,150,000$531/sqft
Source: OCMLS #23-1396 Report a problem
8/2/2023	Pending sale	$1,150,000$531/sqft
Source: OCMLS #23-1396 Report a problem
7/14/2023	Listed for sale	$1,150,000+99.5%$531/sqft
Source: OCMLS #23-1396 Report a problem
10/15/2019	Sold	$576,500+0.3%$266/sqft
Source: RMLS (OR) #19116603 Report a problem
9/16/2019	Pending sale	$575,000$266/sqft
Source: Dominion Coast and Valley Real Estate, LLC #19-2155 Report a problem
9/2/2019	Price change	$575,000-4.1%$266/sqft
Source: Dominion Coast and Valley Real Estate, LLC #19-2155 Report a problem
8/16/2019	Listed for sale	$599,750+42.1%$277/sqft
Source: Dominion Coast and Valley Real Estate, LLC #19-2155 Report a problem
10/23/2013	Sold	$422,000+156.1%$195/sqft
Source: Public Record Report a problem
3/27/2006	Sold	$164,803-45.1%$76/sqft
Source: Public Record Report a problem
9/2/1994	Sold	$300,000$139/sqft
Source: OCMLS #93-10599 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,973 +4.2%	$522,910 +3%
2024	$6,693 -3.1%	$507,680 -8.8%
2023	$6,907 -2%	$556,930 -2.2%
2022	$7,051 -0.5%	$569,610 +3%
2021	$7,083 +4.6%	$553,020 +3%
2020	$6,769	$536,920 +3%
2019	--	$521,290 +3%
2018	$6,351	$506,110 +3%
2017	$6,351 +9.5%	$491,370 +3%
2016	$5,798	$477,060 +2.2%
2015	$5,798 +6.4%	$466,700 +2.6%
2014	$5,447	$454,860 +3%
2013	$5,447 +6.2%	$441,620 +3%
2012	$5,131 +9.1%	$428,760 +3%
2011	$4,702 +3%	$416,280
2010	$4,567 +3.3%	$416,280 +6.1%
2009	$4,423 +2.6%	$392,390
2008	$4,313 +3.1%	$392,390 +6.1%
2007	$4,181	$369,880