5545 NW Logan Road, Lincoln City, OR 97367 (MLS# 22-2421)


$1,250,000
5545 NW Logan Road
Lincoln City, OR 97367
MLS# 22-2421
Status: Closed
6 beds  |  5 baths  |  3514 sqft


5545 NW Logan Road, Lincoln City, OR 97367
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Property Description
Popular and consistent rental for years. The Castle, is located in the popular Roads End area of Lincoln City. 1 mile from the casino and close proximity to the beach. This home rents with a desirable location, massive living space near 3,600 sf, 6 bedroom options, large 6-person sauna, hot tub, arcade machines, two large hangout spaces, patio, and expansive ocean views. This home has had strong rental revenue, with a gross income of $150,000 in 2021. Management desires to remain, if possible, but not necessary (includes housekeeper, bookkeeper, site manager, and marketing team). Management team would continue management with a 25% rent split and a $75 admin fee per stay. Airbnb and VRBO reviews are transferable, with nearly 250+ 4.8-star reviews. Buyer to honor all future paid bookings.

Details
Maps
Documents
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Begin Date: 2022-12-06
BA Comm: 2.5
BA Comm Type: %
Listing Type: Exclusive Right To Sell
Bank/Lender Owned?: No
Short Sale: No
3rd Party Approval: No
General Property Description
Property Sub-Type: Single Family Residence
Major Area: Lincoln City
Minor Area: Roads End
Frontage: None
Primary View: Ocean
Secondary View: None
Total Bedrooms: 6
Total Bathrooms: 5
Levels: Three or More
Total SqFt.: 3514
Year Built: 2009
Lot SqFt: 4,729
# of Acres: 0.11
Style: Traditional
Basement: No
Garage Type: None
Association: No
CC&Rs: Yes
Location, Tax and Other Information
House Number: 5545
Street Direction Pfx: NW
Street Name: Logan
Street Sfx: Road
County: Lincoln
State/Province: OR
Postal Code: 97367
Property Tax ID #: R437302
Parcel Nbr: 061134DA-100-00
Tax Map Number: 061134DA
Tax Lot: 100
Taxes$: 6076.28
Tax Year: 2021
Tax District: 436
Zoning: R-1-RE Residential
Neighborhood Code: LRNI
Subdivision: Road's End
Additional Subdv Info: 2nd Addn.
Subdv Block: 1
Subdv Parcel/Lot: 1
Hwy 101: West Side
Cross Street: NW Keel Ave
Directions: Highway 101 to NW Logan Rd. Follow to property, located on your left hand side.
Status Change Info
Status: Closed
Under Contract Date: 2023-01-18
Sold Price: $1,250,000
Sold Date: 2023-03-06
Miscellaneous
Pet Friendly: No
Inclusions: Fully furnished
Sq Ft Per: County Assessor
External Features
Exterior Color: Grey & White
Internal Features
Water Heater: Gas
Washer/Dryer: Electric
Range/Oven: Electric
Furnished: Yes
Property Features
Miscellaneous: RV Parking
Roof: Built-Up
Siding: Hardi Plank
Foundation: Concrete Perimeter
Deck/Patio: Covered Patio
Outbuildings: None
Street Surface: Paved
Lot Type: Dimensions Above
Internal Features: Dishwasher; Microwave; Refrigerator; Window Coverings
Ceiling: Flat
Flooring: Carpet; Tile; Wood
Heating/Cooling: Forced Air
Alternate Heat: Fireplace
Electric: On Property
Gas: On Property
Sellers Terms: 1031; Cash; Conventional; Submit
Possession: Negotiable
Supplements
All furnishings are included with the sale of the home.
Room Information
Room Name
Bedroom 1
Bedroom 2
Utility Room
Family Room
Other
Bathroom 1
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bathroom 2
Bathroom 3
Bathroom 4
Kitchen
Dining Room
Living Room
Bathroom 5

Listing Office: Taylor & Taylor Realty Company

Last Updated: March - 06 - 2023

5545 NW Logan Road, Lincoln City, OR 97367 - MLS# 22-2421
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.