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7228 Northeast Logan Road

7228 Northeast Logan Road, Lincoln City, OR 97367
Property in Lincoln
Sold Oct 29, 2021
$495,000
$445,500 by Evergreen Moneysource Mortgage
Mortgage Due Nov 01, 2051
Sold Sep 04, 2019
$360,000
$100,000 by Scott E Frazer Etal
Mortgage Due Aug 01, 2026
7228 Northeast Logan Road in Lincoln City, OR was first built in 1989 and is 35 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7228 Northeast Logan Road has 1,378 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 480 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 4,356 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 384 sqft. There is one available parking space. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7228 Northeast Logan Road sold most recently in Oct 26, 2021 for a total of $495,000. If you work out the math, that's approximately a cost of $280.93 per sqft. Before that, the property was also sold for $360,000 in Aug 3, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,550 in taxes each year. The initial year of tax delinquency occurred in 2020. 7228 Northeast Logan Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $327,080. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Other
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 480
  • Garage Type: Attached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,762
  • Gross Building Area: 1,762
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROADS END
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWNSHP 06, RNG 11, ACRES 0.10, DOC202113882

Ownership

  • Current Owner : RASMUSSEN A JOHN A
  • Current Owner 2: RASMUSSEN DEBBIE
  • Previous Owner : HOLLISTER JAMES
  • Owner Before Previous Owner: FRAZER SCOTT E
  • Owner Before Previous Owner 2: FRAZER TRUDE L
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: R1A,SR,UGB

Geography

  • Account Number: R158736
  • Section: 27
  • Parcel: R158736
  • Meridian: SEC 27 TWN 06S RNG 11W
  • Latitude: 45.0173
  • Longitude: -124.008

    Address

  • Full Address: 7228 Ne Logan Rd
  • Address - House Number: 7228
  • Street Direction: NE
  • Address - Street Name: Logan
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Lincoln City
  • Carrier Code: R001
  • 4-Digit Zip Code: 9488
  • Zip Code: 97367

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,550
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 436

    Appraisal Valuation

  • Standard Deviation: 0.0986
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 90
  • Final Value: 805,206
  • High Value: 884,668
  • Low Value: 725,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $445,500
  • First Open Lien Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $445,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $465,350
  • Market Land Value: $127,390
  • Market Improvement Value: $337,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $327,080

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11861631229
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-13882
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Aug 03, 2019
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $445,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SCOTT E FRAZER ETAL
  • Previous Mortgage Transaction Date: Sep 04, 2019
  • Previous Mortgage Financing Type: Multiple Loan Amounts
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 82
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About Lincoln



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Frequently Asked Questions

What neighborhood is 7228 Northeast Logan Road located in?
The 7228 Northeast Logan Road is a located in the neighborhood of Lincoln in Lincoln, Lincoln City.
What is the average sales price for listings in 7228 Northeast Logan Road?
The average sales price for units in 7228 Northeast Logan Road is $0 currently.

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