, Lincoln City, OR 97367 (MLS# LC-12451)


$1,950,000
Lincoln City, OR 97367
MLS# LC-12451
Status: Closed
16832 sqft


Listing Photo
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Listing Photo

Property Description
OCEANFRONT MOTEL-LOW BCH-DIRECT BCH ACCESS-REMODEL '97 BUYER TO CO-OP IN 1031 TAX DEF EXCHG.PROP.TO BE PURCHASED ''AS IS''.$250,000 PURCHASE PRICE TO TRANSF W/BILL OF SALE.

Details
Status Change Information
Status Change Timestamp: 1999-07-07
Purchase Contract Date: 1998-04-27
Close Date: 1998-05-01
Close Price: 1950000
Interior
Furnished: Furnished
Living Area: 16832
Lot
Lot Size Dimensions: IRREG X
View YN: Yes
Waterfront YN: 1
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Expense: Financials Available, Possession: NEGO, Lease Information: SIGN ON HWY 101/HWY1, Walls: Paint, Garage Spaces: 0, Inclusions: SELLER LICENSED ORE., Alternate Heat:
Appliances
Water Heater: 1
Construction Materials
Shingle Siding: 1
Flooring
Carpet: 1
Foundation Details
Combination: 1
Pillar/Post/Pier: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Road Surface Type
Paved: 1
Water Body Type
Ocean: 1
Water Heater
Gas: 1
Income and Expenses
Gross Income: 514050
Business Details
Equip/FF Incl Y/N: Yes
List Available Y/N: Yes
Inventory Included Y/N: No
MDSE/Supp Included Y/N: No
Additional Tax and Location Information
Subdivision Block: 8
Subdivision Parcel/Lot: 1,2,3
Showing Requirements
Appointment Only: 1
Lockbox: 1
Historical Details
Historical MLS Number: 97-60093
Listing Information
Listing Association Name: Lincoln County BOR
Address
County: Lincoln
State: OR
Postal Code: 97367
Directions: HWY 101, W ON NW 12TH, S ON NW HARBOR
Cross Street: NW 12TH
Contract
Current Price: $1,950,000
Status: Closed
Begin Date: 1997-06-02
Sold Price: $1,950,000
Tax Legal
Tax Annual Amount: 22943
Tax Year: 1997
Zoning: R-M Residential, Multifamily
Tax Lot: 10700
Tax Map Number: 07111043
Building
Year Built: 1963
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Appliances: Water Heater
Construction Materials: Shingle Siding
Flooring: Carpet
Foundation Details: Combination; Pillar/Post/Pier
Listing Terms: 1031 Exchange; Cash
Road Surface Type: Paved
Water Body Type: Ocean
Water Heater: Gas
Showing Requirements: Appointment Only; Lockbox

Listing Office: Taylor & Taylor Realty Company
Source MLS Verified

Office Email: rebroker.geraldaldrich@gmail.com

Last Updated: December - 13 - 2025

Information deemed reliable but not guaranteed.