Closed

$582,500

5880 El Mar Ave, Lincoln City, OR 97367

3beds

2baths

1,427sqft

Single Family Residence

Built in 2001

6,098 Square Feet Lot

$614,500 Zestimate^®

$408/sqft

$2,874 Estimated rent

Home value

$614,500

$584,000 - $645,000

$2,874/mo

Zestimate^® history

Owner options

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$2,874/mo

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$2,874/mo

Rent Zestimate^®

Refinance and save

$3,620/mo

Est. payment

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$3,620/mo

Est. payment

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What's special

Welcome to your one-level home in Coronado Shores, a serene and friendly neighborhood. This charming home perfectly blends comfort, style, and functionality. As you step inside, you'll be greeted by an inviting living space adorned with a cozy fireplace, perfect for relaxing evenings. The spacious kitchen features modern appliances, ample storage, and a breakfast nook. The master suite offers a peaceful retreat with an ensuite bathroom, a large closet, and access to the private backyard. The additional bedrooms are generously sized and versatile; offering plenty of space for family members or guests. The custom-built shed offers additional hobby space. This lovely home is offered partially furnished. Coronado Shores is an outstanding community offering low HOA dues, two deeded beach access points, an oceanfront cabana, seasonal saltwater pools, a park, nature trails, a clubhouse, and many activities. Back on market due to buyer financing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Primary bedroom

Description: Carpet, slider to backyard, shed

Bedroom 2

Description: Carpet

Bedroom 3

Description: Carpet

Bathroom

Description: Vinyl, shower only

Bathroom

Description: Vinyl, tub/shower combo

Bonus room

Description: Laundry closet with sink

Dining room

Description: Carpet, Open to LR

Kitchen

Description: Peak of ocean, Vinyl, door to patio,

Living room

Description: Carpet, open to DR

Heating

Has Heating (Unspecified Type)

Appliances

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

Features

Flooring: Carpet, Vinyl
Windows: Window Treatments
Has basement: No
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 1,427
Total interior livable area: 1,427 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Garage, RV Access/Parking
Garage spaces: 2

Features

Levels: One
Stories: 1

Lot

Size: 6,098 Square Feet
Dimensions: 107 x 55

Details

Additional structures: Shed(s)
Parcel number: 081116DC1000000
Zoning description: R-1-A Residential

Construction

Type & style

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

Materials

Shake Siding, Cedar, Shingle Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 2001

Utilities & green energy

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

Community & HOA

Community

Subdivision: Coronado Shores

HOA

Has HOA: Yes
Services included: Insurance, Maintenance Grounds, Property Taxes for Common Areas, Utilities
HOA fee: $37 monthly
HOA phone: 541-764-2495

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $408/sqft
Tax assessed value: $601,550
Annual tax amount: $3,637
Date on market: 5/4/2024
Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
7/26/2024	Sold	$582,500-2.9%$408/sqft
Source: OCMLS #LC-100773 Report a problem
7/16/2024	Pending sale	$600,000$420/sqft
Source: OCMLS #24-622 Report a problem
6/8/2024	Contingent	$600,000$420/sqft
Source: OCMLS #24-622 Report a problem
5/4/2024	Listed for sale	$600,000-4%$420/sqft
Source: OCMLS #24-622 Report a problem
4/4/2024	Contingent	$625,000$438/sqft
Source: OCMLS #24-622 Report a problem
4/3/2024	Listed for sale	$625,000$438/sqft
Source: OCMLS #24-622 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,025 +4.2%	$301,810 +3%
2024	$3,863 +9.5%	$293,020 +3%
2023	$3,528 +3.2%	$284,490 +3%
2022	$3,419 -0.5%	$276,210 +3%
2021	$3,435 +4.4%	$268,170 +3%
2020	$3,291	$260,360 +3%
2019	--	$252,780 +3%
2018	$3,080	$245,420 +3%
2017	$3,080 +6.1%	$238,280 +3%
2016	$2,902	$231,340 +3%
2015	$2,902 +11.1%	$224,610 +3%
2014	$2,612	$218,070 +3%
2013	$2,612 +6.7%	$211,720 +3%
2012	$2,447 +8.6%	$205,560 +3%
2011	$2,254 +3%	$199,580
2010	$2,190 +3.3%	$199,580 +6.1%
2009	$2,121 +2.6%	$188,130
2008	$2,068 +3.1%	$188,130 +6.1%
2007	$2,005	$177,340