Closed

$370,000

5965 Balboa Ave, Lincoln City, OR 97367

1beds

1baths

640sqft

Single Family Residence

Built in 1962

7,405 Square Feet Lot

$387,800 Zestimate^®

$578/sqft

$1,917 Estimated rent

Home value

$387,800

$365,000 - $411,000

$1,917/mo

Zestimate^® history

Owner options

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$1,917/mo

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$1,917/mo

Rent Zestimate^®

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$2,297/mo

Est. payment

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$2,297/mo

Est. payment

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What's special

Adorable and Desirable Coronado Shores beach cottage that has been completely renovated and only a few blocks to 2 beach accesses! Live the coastal dream comfortably with the open layout, updated kitchen and walls of windows. Easy one level living. Thoughtful space saving designs include a combo washer/dryer unit, Armoire in bedroom and barn door accents. Lovely entertainment deck extends the living space outdoors while overlooking the peaceful treed setting. Large storage area underneath home. Coronado Shores Community has beach access with an ocean front cabana, clubhouse and pool. No rentals of any kind are allowed in the neighborhood. Nearby championship golf course, dining, shops and spa in Gleneden Beach.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1

Dining room

Description: Great Room (Living & Dining): Approx 10'x31.5'

Living room

Description: Great Room (Living & Dining): Approx 10'x31.5'

Heating

Has Heating (Unspecified Type)

Appliances

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

Features

Beamed Ceilings
Flooring: Other
Windows: Window Treatments
Has basement: No

Interior area

Total structure area: 640
Total interior livable area: 640 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 7,405 Square Feet
Features: Irregular Lot

Details

Additional structures: Shed(s)
Parcel number: 081116DC1770000
Zoning description: R-1-A Residential

Construction

Type & style

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

Materials

Shake Siding, Cedar, Shingle Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Year built: 1962

Utilities & green energy

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

Community & HOA

Community

Subdivision: Coronado Shores

HOA

Has HOA: Yes
Services included: Insurance, Maintenance Grounds, Property Taxes for Common Areas, Utilities, Other
HOA fee: $38 monthly
HOA phone: 541-764-2495

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $578/sqft
Tax assessed value: $302,450
Annual tax amount: $1,976
Date on market: 5/23/2024
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
9/30/2024	Sold	$370,000-5%$578/sqft
Source: OCMLS #LC-100800 Report a problem
9/9/2024	Contingent	$389,500$609/sqft
Source: OCMLS #24-1091 Report a problem
9/9/2024	Pending sale	$389,500$609/sqft
Source: RMLS (OR) #24506784 Report a problem
5/23/2024	Listed for sale	$389,500-2.6%$609/sqft
Source: OCMLS #24-1091 Report a problem
2/1/2024	Listing removed	--
Source: OCMLS #23-1430 Report a problem
7/19/2023	Listed for sale	$399,900+28.6%$625/sqft
Source: OCMLS #23-1430 Report a problem
8/31/2021	Sold	$311,000+4%$486/sqft
Source: OCMLS #LC-94476 Report a problem
8/16/2021	Pending sale	$299,000$467/sqft
Source: OCMLS #21-1961 Report a problem
8/10/2021	Listed for sale	$299,000+41.4%$467/sqft
Source: OCMLS #21-1961 Report a problem
10/21/2019	Sold	$211,425+58.4%$330/sqft
Source: Public Record Report a problem
4/29/2011	Sold	$133,435$208/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,099 +9.5%	$159,200 +3%
2023	$1,917 +3.2%	$154,570 +3%
2022	$1,858 -0.5%	$150,070 +3%
2021	$1,866 +4.4%	$145,700 +3%
2020	$1,788	$141,460 +3%
2019	--	$137,340 +3%
2018	$1,673	$133,340 +3%
2017	$1,673 +11.6%	$129,460 +4.9%
2016	$1,499	$123,360 -1.9%
2015	$1,499 +2.6%	$125,690 +3%
2014	$1,461	$122,030 +3%
2013	$1,461 +6.2%	$118,480 +3%
2012	$1,377 +9.1%	$115,030 +3%
2011	$1,262 +3%	$111,680
2010	$1,225 +3.2%	$111,680 +6.1%
2009	$1,187 +2.6%	$105,280
2008	$1,157 +3.1%	$105,280 +6.1%
2007	$1,122	$99,250