Sold for $315,000

Listed by: Streamline Real Estate, Llc • JEFF BROWN • Contact: 503-313-8519

Bought with: Streamline Real Estate, Llc

$315,000

5980 Palisades Dr, Lincoln City, OR 97367

2beds

768sqft

Single Family Residence

Built in 1977

7,000 Square Feet Lot

$360,400 Zestimate^®

$410/sqft

$2,188 Estimated rent

Home value

$360,400

$335,000 - $386,000

$2,188/mo

Zestimate^® history

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$2,366/mo

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$2,366/mo

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What's special

New french drainNew interior paintNew carpet

Motivated Seller!Come see this charming little bungalow in the much desired Coranado Shores at Gleneden Beach.New carpet in bedrooms, new interior paint, new french drain in driveway, Some electrical and plumbing updated per pre-inspection report.It needs an update but has excellent bones. Just a short walk to the beach. Enjoy the quiet neighborhood walking the furbaby or drive 2 minutes to Salishan for a round of golf on those beautiful warm coastal days.

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 140
Dimensions: 14 x 10

Bedroom 2

Level: Main
Area: 144
Dimensions: 12 x 12

Dining room

Features: Area (Combination)

Kitchen

Level: Main

Living room

Level: Main
Area: 225
Dimensions: 15 x 15

Heating

Baseboard

Appliances

Included: Electric Range, Electric Water Heater

Features

Flooring: Laminate
Has fireplace: No

Interior area

Total structure area: 768
Total interior livable area: 768 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

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

Lot

Size: 7,000 Square Feet

Details

Parcel number: 081116DC1580000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Fiber Cement, Lap Siding
Foundation: Continuous
Roof: Composition

Condition

New construction: No
Year built: 1977

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Coronado Shores

HOA

Has HOA: Yes
Amenities included: Tennis Court(s)
HOA fee: $444 annually

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $410/sqft
Tax assessed value: $345,910
Annual tax amount: $2,077
Price range: $315K - $315K
Date on market: 2/14/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,USDA Loan

Price history

Date	Event	Price
12/29/2023	Sold	$315,000-10%$410/sqft
Source: WVMLS #806015 Report a problem
12/5/2023	Pending sale	$350,000$456/sqft
Source: RMLS (OR) #23226442 Report a problem
10/3/2023	Price change	$350,000-5.1%$456/sqft
Source: RMLS (OR) #23226442 Report a problem
9/8/2023	Price change	$368,999-0.3%$480/sqft
Source: WVMLS #806015 Report a problem
8/19/2023	Price change	$369,9990%$482/sqft
Source: WVMLS #806015 Report a problem
8/11/2023	Price change	$370,000-1.3%$482/sqft
Source: WVMLS #806015 Report a problem
7/24/2023	Price change	$375,000-1.3%$488/sqft
Source: WVMLS #806015 Report a problem
7/12/2023	Price change	$380,000-6.2%$495/sqft
Source: WVMLS #806015 Report a problem
6/26/2023	Price change	$405,000-1.2%$527/sqft
Source: WVMLS #806015 Report a problem
6/15/2023	Listed for sale	$410,000$534/sqft
Source: WVMLS #806015 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,434 +4.2%	$182,550 +3%
2024	$2,337 +9.5%	$177,240 +3%
2023	$2,134 +3.2%	$172,080 +3%
2022	$2,068 -0.5%	$167,070 +3%
2021	$2,078 +4.4%	$162,210 +3%
2020	$1,990	$157,490 +3%
2019	--	$152,910 +3%
2018	$1,863	$148,460 +3%
2017	$1,863 +6.8%	$144,140 +3%
2016	$1,744	$139,950 +3%
2015	$1,744 +10.4%	$135,880 +3%
2014	$1,580	$131,930 +3%
2013	$1,580 +6.4%	$128,090 +3%
2012	$1,485 +8.9%	$124,360 +3%
2011	$1,364 +3%	$120,740
2010	$1,325 +3.3%	$120,740 +6.1%
2009	$1,283 +2.6%	$113,820
2008	$1,251 +3.1%	$113,820 +6.1%
2007	$1,213	$107,300