tomo logo

$495,000

Beds
2
Baths
1.0
sq ft
Unknown

1740 NE 16th St, Lincoln City, OR 97367

1740 NE 16th St

Lincoln City, OR 97367

  • <1 day on market
Spacious ocean views from this quaint remodeled cottage home. Fenced back yard, parking slab for boat or smaller RV. Very good condition and turn key ready for you and your family vacations or permanent home. Extend home or possible ADU or Art studio/shop on back part of lot with ocean views. Close to community center, casino, shopping, restaurants and beach.

Details

Property type

Townhouse

Est. home value

$448,209

Lot size

4,356 sq ft

Price per sq ft

Unknown

Year built

1938

Annual property taxes

$3,183.52

HOA

No

Price History

04/04/2025
PortlandOR

PortlandOR #690866802

Listed
$495,000
+32%
04/28/2021
PortlandOR

PortlandOR #21623616

Sold
$375,000
+44.23%
11/27/2017
PortlandOR

PortlandOR #16675782

Sold
$260,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$249,572
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$205,828
Cash to seller
$249,572

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Summit Mortgage Corp

Loan start date

April 2021

Original loan amount

$225,000

Est. remaining balance

$205,828

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Robert Barry and Linda Barry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 8:25 AM

Listing updated: 04/04/2025 at 10:26 AM

Listed by: Steve Rutherford, Taylor & Taylor Realty Co. Phone #: (541) 994-9111

MLS: PortlandOR #690866802

PortlandOR logo

Recently listed in Lincoln City

$320,000|3 bd|2.0 ba|House
$400,000|2 bd|1.0 ba|House
$495,000|2 bd|1.0 ba|Townhouse
$599,000|3 bd|2.0 ba|House
$439,000|3 bd|2.0 ba|Manufactured
$789,000|4 bd|3.0 ba|House
$675,000|5 bd|2.0 ba|House
$1,500,000|5 bd|4.5 ba|House