tomo logo

$400,000

Beds
2
Baths
1.0
sq ft
Unknown

6546 SW Ebb Ave, Lincoln City, OR 97367

6546 SW Ebb Ave

Lincoln City, OR 97367

  • 4 days on market
    • Open house Apr 13
This charming beach cottage offers a delightful coastal retreat. Built in 1936, the home spans 1,176 square feet and features two bedrooms and one bathroom. The interior boasts a modern beach-inspired kitchen and a lovingly upgraded bathroom. The main bedroom is conveniently situated on the first floor, providing easy access and comfort. The entire home is tastefully furnished, exuding a cozy and inviting ambiance. The exterior is equally appealing, with a fully fenced private backyard that includes a raised garden bed and a firepit near the patio—perfect for outdoor relaxation and entertaining. A classic front picket fence adds to the cottage's charm. The property is ideally located just one block from Siletz Bay, offering calm waters suitable for kayaking, and is in close proximity to local dining options such as Pelican Brewing Company and Crabby Daddy Seafood, as well as The Freed Art Gallery. Additionally, the ocean is just minutes away, providing ample opportunities for beach activities. OPEN SUN 11AM-3PM

Details

Property type

Single Family Residence

Est. home value

$395,010

Property condition

Updated/Remodeled

Lot size

4,791 sq ft

Price per sq ft

Unknown

Year built

1936

Annual property taxes

$2,890.1

HOA

No

Price History

04/04/2025
PortlandOR

PortlandOR #755537205

Listed
$400,000
+37.93%
05/15/2020
PortlandOR

PortlandOR #20353589

Sold
$290,000

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

$67,251
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$300,749
Cash to seller
$67,251

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

Seller’s Loan History

Lender

Luminate Home Loans Inc

Loan start date

December 2022

Original loan amount

$308,000

Est. remaining balance

$300,749

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Efrain Algarin Jr and Barbara R Algarin

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: 04/09/2025 at 9:30 AM

Listing updated: 04/08/2025 at 9:56 AM

Listed by: Melissa Messner, Lovejoy Real Estate Phone #: (503) 312-4642

MLS: PortlandOR #755537205

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