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$425,000   Price Analysis
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1241 NE Keel Ave
Lincoln City, OR 97367
2 bed 1 bath 674 SqFt ($630/SqFt)
4,792SqFt lot. Built 1938
Listed 2024-05-01, Taxes $2,545
USDA Eligible
near Lincoln City, OR
 

This Cute and Cozy cottage

W/ partial ocean view, has a newer roof, plus was recently renovated in the spring of 2023, including new flooring, complete bathroom remodel, new HWH, electrical updates, a paved parking pad and quality furniture! Currently a successful Vacation Rental and being sold Turnkey. OP-MSH zoning allows for STR without a waitlist and home is compliant with current City codes (buyer to verify with the City)!

$25k+ revenue in first 10mo and Summer is not even here yet! Centrally locat ed, close to beach access, shopping and restaurants, this home is perfect for full time living, 2nd home, LTR or STR. Don't miss out!


Presented by Christopher Dragoo at
Harcourts Home Oregon Coast.


Property MLS #24-871 from OCMLS

Bedrooms: 2

Total Bathrooms: 1.00
Full Bathrooms: 1

Dishwasher
Microwave
Refrigerator
Window Coverings
Furnished Description: Yes
Ceilings: Flat
Flooring: Vinyl

Water Heaters: Electric
Electric Forced Air

Lot Size Acres: 0.11
Lot Size Square Feet: 4792

Garage Spaces: 1
Garage Description: Detached

Road Surface Type: Paved
Patio Description: Deck

View: Ocean

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2545.16
Source Listing Status: Active
County: Lincoln
Directions: From Hwy 101; East on NE 13th St; Right on NE Keel Ave; Home on corner.
Tax Year: 2022
Source Property Type: Single Family Residence
Area: Lincoln City NE
Source Neighborhood: Ocean Lake
Subdivision: Ocean Lake
Zoning: OP-MSH Main Street Highwa
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$148,860
$2,545
2021$unknown + $unknown
$144,530
$2,424
2020$unknown + $unknown
$140,330
$2,368
2019$unknown + $unknown
$136,250
$2,288
2018$unknown + $unknown
$132,290
$2,236
2017$unknown + $unknown
$128,440
$2,140
2016$unknown + $unknown
$124,700
$2,007
2015$unknown + $unknown
$121,070
$1,934
2014$unknown + $unknown
$117,550
$1,902
2013$unknown + $unknown
$114,130
$1,850
2012$unknown + $unknown
$110,810
$1,834
2011$unknown + $unknown
$107,590
$1,761
2010$unknown + $unknown
$104,460
$1,691
2009$unknown + $unknown
$101,420
$1,640
2008$unknown + $unknown
$101,420
$1,598
2007$unknown + $unknown
$95,610
$1,562

Listed 2024-05-01
$425,000
OCMLS
Sold 2023-03-17
$360,000
OCMLS
Price Changed 2023-01-31
$359,000
RMLS
Listed 2022-12-06
$369,000
RMLS
Listing removed 2010-08-24
$139,900
OCMLS
Sold 2010-08-17
$123,000
Public Record
Price Changed 2010-07-02
$139,900
OCMLS
Price Changed 2010-03-19
$149,900
OCMLS
Listed 2009-11-05
$164,900
OCMLS
Listing removed 2009-11-01
$209,000
OCMLS
Listed 2009-05-12
$209,000
OCMLS
Sold 2006-09-08
$195,000
Public Record

Total Square Feet Living: 674
Year Built: 1938
Building Exterior Type: Brick, Vinyl
Foundation Details: Block
Property Age: 86
Roof: Composition
Levels or Stories: One
House Style: Cottage

Electric: On Property
Gas: At Street
Sewer: City
Water Source: City

Oceanlake Elementary School is a public elementary school located approximately 0.7 miles away.
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Taft High School is a public high school located approximately 2.5 miles away.
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Lincoln City Seventh-Day Adventist School is a private elementary and middle school located approximately 0.7 miles away.
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Taft Middle School is a public middle school located approximately 2.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.