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5640 Palisades Dr

Lincoln City, OR 97367

3 bd 3 ba 1,531 sqft Built 2003 Lot 7,405 sqft single_family
Most recent sale
$579,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $579,000 MLS #22490881
Jun 11, 2022 Listed $579,000 MLS #22-1191
Jan 15, 2019 Listing removed $339,000 RMLS
Sep 19, 2018 Listing removed $339,000 RMLS
Aug 9, 2018 Listing removed $339,000 OCMLS
Jun 4, 2018 Listed $339,000 MLS #18-1496
Jun 20, 2016 Sold $279,000 MLS #16017218
Feb 8, 2016 Listed $289,000 MLS #16-377
Jun 22, 2014 Listing removed $249,900 OCMLS
Jun 19, 2014 Sold $245,000 Public Record
Feb 12, 2014 Price changed $249,900 MLS #13-2884
Oct 21, 2013 Listed $259,000 MLS #13-2884
Apr 30, 2011 Listing removed $209,900 OCMLS
Apr 29, 2011 Sold $201,000 Public Record
Mar 8, 2011 Relisted $209,900 MLS #10-2938
Mar 7, 2011 Listing removed $209,900 OCMLS
Feb 7, 2011 Price changed $209,900 MLS #10-2938
Nov 9, 2010 Listed $214,900 MLS #10-2938
Nov 7, 2010 Listing removed $214,900 OCMLS
Oct 18, 2010 Price changed $214,900 MLS #10-2303
Oct 15, 2010 Price changed $212,000 MLS #10-2303
Aug 9, 2010 Listed $219,900 MLS #10-2303
Oct 18, 2009 Listing removed $249,900 OCMLS
Aug 10, 2009 Relisted $249,900 MLS #08-3411
Aug 2, 2009 Listing removed $255,000 OCMLS
Jul 7, 2009 Price changed $255,000 MLS #08-3411
May 28, 2009 Price changed $284,500 MLS #08-3411
Apr 27, 2009 Price changed $295,000 MLS #08-3411
Apr 13, 2009 Price changed $334,500 MLS #08-3411
Mar 4, 2009 Price changed $349,500 MLS #08-3411
Feb 21, 2009 Listed $339,500 MLS #08-3411
Dec 3, 2003 Sold $195,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $249,030 $3,190
2020 $241,780 $3,150
2019 $234,740 $2,914
2018 $227,910 $2,860
2017 $221,280 $2,771
2016 $214,840 $2,695
2015 $208,590 $2,620
2014 $202,520 $2,425
2013 $196,630 $2,343
2012 $190,910 $2,285
2011 $185,350 $2,094
2010 $179,960 $2,034
2009 $174,720 $1,969
2008 $174,720 $1,920

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,531 sqft
Lot size
7,405 sqft
ZIP code
97367
City
Lincoln City
Street
Palisades Dr
Coordinates
44.86774, -124.03639

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,062
Gross rental yield
6.35%
Implied cap rate
4.12%
Trend-extrapolated value

Frequently asked questions

When did 5640 Palisades Dr last sell?
5640 Palisades Dr most recently sold on Aug 5, 2022 for $579,000.
What is the current tax assessment for 5640 Palisades Dr?
The most recent total assessment for 5640 Palisades Dr (year 2021) is $249,030 with $3,190 in property tax.
How does 5640 Palisades Dr's assessment compare to its last sale price?
The current assessment is 57.0% below the last sale price of $579,000.
When was 5640 Palisades Dr built?
5640 Palisades Dr was built in 2003.
How does 5640 Palisades Dr compare to others on Palisades Dr?
We track 8 other properties on Palisades Dr. Browse the list under "Other properties on Palisades Dr" to compare beds, baths, and sale history.
What are the property facts for 5640 Palisades Dr?
5640 Palisades Dr is a 3 bed, 3 bath, 1,531 sqft, 7,405 sqft lot single_family.
Is 5640 Palisades Dr a flip candidate?
No — 5640 Palisades Dr does not appear in our flips dataset.
Is 5640 Palisades Dr a tax-appeal candidate?
No — 5640 Palisades Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-1.0%
2026 Q3
$421.1K
2026 Q4
$420.1K
ZIP 97367 — Median Price History + Forecast

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