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1956 Northwest 51st Street

1956 Northwest 51st Street, Lincoln City, OR 97367
Property in Lincoln
Sold Sep 20, 2021
$85,000
$400,000 by Veritas Funding Llc
Mortgage Due Oct 01, 2051
Sold Oct 31, 2019
$105,000
1956 Northwest 51st Street has been categorized by the local assessors in Lincoln City, OR as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1956 Northwest 51st Street has 2,406 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,792 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 558 sqft. Residents will have the luxury of enjoying a unknown. The building has a gable or hip style roof. While the interior walls have been made of finished/painted materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1956 Northwest 51st Street was last sold in Sep 17, 2021 for $85,000. According to our calculations, that's $28.68 per sqft. Prior to that sales transaction, the property was sold for $105,000 in Oct 29, 2019. Current property owners are expected to pay $8,075 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1956 Northwest 51st Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $475,870. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Interior Walls Type: Finished/painted materials
  • Roof Shape Type: Gable or hip
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 906
  • Garage Type: Attached
  • Garage Square Area: 558
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,964
  • Gross Building Area: 3,164
  • Building Area: 2,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,406
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROADS END
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P.P. 2019-05, PARCEL 1, ACRES 0.11, DOC202112022

Ownership

  • Current Owner : PAYACK EILEEN L
  • Current Owner 2: WILSON ERIC JAY
  • Previous Owner : PACIFIC INTERIORS INC
  • Owner Before Previous Owner: MAHONEY ROBERT H
  • Owner Before Previous Owner 2: MAHONEY ELAINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 950303

Zoning

  • Zoning: R-1A

Geography

  • Account Number: R532551
  • Parcel: R532551
  • Meridian: SEC 35 TWN 06S RNG 11W
  • Latitude: 45.0022
  • Longitude: -124.007

    Address

  • Full Address: 1956 Nw 51st St
  • Address - House Number: 1956
  • Street Direction: NW
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lincoln City
  • Carrier Code: R001
  • 4-Digit Zip Code: 9404
  • Zip Code: 97367

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,075
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 436

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 844,793
  • High Value: 1,036,181
  • Low Value: 653,406

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: VERITAS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $807,540
  • Market Land Value: $120,370
  • Market Improvement Value: $687,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $475,870

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11856795010
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-12022
  • Previous Sale Recording Date: Oct 31, 2019
  • Previous Sale Contract Date: Oct 29, 2019
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VERITAS FUNDING LLC
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Lincoln



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Frequently Asked Questions

What neighborhood is 1956 Northwest 51st Street located in?
The 1956 Northwest 51st Street is a located in the neighborhood of Lincoln in Lincoln, Lincoln City.
What is the average sales price for listings in 1956 Northwest 51st Street?
The average sales price for units in 1956 Northwest 51st Street is $0 currently.

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