7123 NW Logan Rd
LincolnCity, OR 97367
- 5 beds
- 2 baths
- 2,424 sqft
- 12,632 sqft lot
- $598 per sqft
- 1952 build
- – on site
RARE INVESTMENT OPPORTUNITY! Ocean front property with private stairs to the sand! Located in the highly sought-after Roads End area of Lincoln City. Entering the home all you see is a 270-degree view of the beautiful Pacific Ocean, sand and surf. Ocean views from 4 of the bedrooms as well. Outdoor enclosed area, deck overlooking the ocean and double carport. Original clear cedar, Doug fir and Pine throughout. Gas fireplace in the living room and in the master bedroom. This is a well-established and successful vacation rental, gross rent in 2022 was $107,733.50, 2023 was $136,138.50. UNTIL NOVEMBER 22ND THE VACATION RENTAL PERMIT TRANSFERS WITH THE SALE OF THE HOME. NO NEED TO REAPPLY AND WAIT IN LINE FOR A NEW VRD PERMIT WITH THE CITY. Property managers are happy to continue renting for new owners for seamless transition and immediate income. Plenty of time for personal use with friends and family while still earning income.
Last checked:
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Checking…
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Last updated Sep 12, 2024
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MLS# 24537703 —
The Building
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Year Built:1952
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New Construction:false
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Architectural Style:DaylightRanch
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Roof:Composition
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Stories:2
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Basement:Daylight,Finished
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Foundation Details:Slab
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Exterior Description:Cedar, ShakeSiding
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Exterior Features:Deck, Fenced, FreeStandingHotTub, Patio
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Building Area Description:per seller
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Building Area Total:2424.0
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Building Area Calculated:1224
Interior
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Interior Features:WasherDryer
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Fireplace:true
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Fireplaces Total:2
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Fireplace Features:Gas
Room Dimensions
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Main Level Area Total:1224
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Lower Level Area Total:1200
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:HWY 101, North on Logan Rd. Property on West side of street
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Latitude:45.016736
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Longitude:-124.008295
The Property
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Parcel Number:R63885
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Features:Level, OceanBeachOneQuarterMileOrLess, Sloped
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Lot Size Range:SqFt10000to14999
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Lot Size Acres:0.29
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Lot Size SqFt:12632.0
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View:true
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View Description:Mountain, Ocean
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Waterfront:true
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Waterfront Features:OceanFront
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Water Body Name:Pacific Ocean
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Farm:false
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Property Attached:false
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Road Surface Type:Concrete,Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 547-7771
- Office phone:
- (503) 652-1235
Taxes
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Tax Year:2023
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Tax Legal Description:PROPERTY ID R63885 TWNSHP 06, RNG 11, ACRES 0.29, DOC200513285
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Tax Annual Amount:10727.56
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:1.0
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Total Baths Lower Level:1.0
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Full Baths Main Level:1
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Full Baths Lower Level:1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Gas
Appliances
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Appliances:GasAppliances, Granite
Schools
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Elementary School:Taft
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Middle Or Junior School:Taft
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High School:Taft
The Community
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Subdivision Name:ROADS END
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Carport
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Garage Spaces:2.0
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Parking Total:2.0
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Parking Features:Carport, ParkingPad
Monthly cost estimate
Asking price
$1,450,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$7,764
|
| Taxes | $893 |
| Insurance | $398 |
| Utilities | $156 See report |
| Total | $9,211/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/12/24
Sep 12, 2024
|
Pending | RMLS | $1,450,000 | |
|
9/3/24
Sep 3, 2024
|
Price Changed | RMLS | $1,450,000 | -3.3% |
|
7/23/24
Jul 23, 2024
|
Listed / Active | RMLS | $1,500,000 |
