tomo logo

$1,495,000

Beds
4
Baths
4.0
sq ft
Unknown

2003 SW Coast Ave, Lincoln City, OR 97367

2003 SW Coast Ave

Lincoln City, OR 97367

  • 17 days on market
GORGEOUS OCEAN FRONT HOME outside the Tsunami zone. Remarkable ocean views from sunrise to incredible sunset overlooking the Nelscott Reef in Lincoln City. Elegantly renovated & updated in 2023!! Open floor plan, wall of windows, vaulted ceilings & 2 fireplaces. Delight the chef in the well-designed kitchen that flows to the oceanfront dining area & large deck. Private primary suite. 4 bedrooms, 4 baths & garden level great room equipped with ping-pong table. Courtyard-style patio, fire pit and hot tub. This Zoning allows for nightly vacation use subject to waiting list (Buyer to verify with City). Extra tall 10.5 ft garage door on the oversized attached garage. Amazing location and home for you, family and guests. Ideally situated near all the amenities that make Lincoln City popular!

Details

Property type

Single Family Residence

Est. home value

$1,251,111

Lot size

0.32 acres

Price per sq ft

Unknown

Year built

1994

Annual property taxes

$10,850.12

HOA

No

Price History

02/07/2025
PortlandOR

PortlandOR #539079656

Listed
$1,495,000
+34.08%
10/18/2021
PortlandOR

PortlandOR #21224638

Sold
$1,115,000

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

$583,019
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$792,381
Cash to seller
$583,019

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

December 2021

Original loan amount

$850,000

Est. remaining balance

$792,381

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Mehdi K Mazaheri and Mehdi K Mazaheri Family Trust

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?

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1815 SW Coast Ave, Lincoln City, OR 97367

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1735 NW 39th St, Lincoln City, OR 97367

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$1,695,000
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5771 NW Jetty Ave, Lincoln City, OR 97367

Status: Active

Tomo last checked: 02/24/2025 at 8:35 AM

Listing updated: 02/11/2025 at 3:15 PM

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

MLS: PortlandOR #539079656

PortlandOR logo

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