4229 SW Beach Ave Unit 27 Lincoln City, OR 97367
Estimated payment $2,477/month
Total Views
7,119
1
Bed
1
Bath
612
Sq Ft
$536
Price per Sq Ft
Highlights
- Ocean Front
- Furnished
- Zoned Cooling
- Deck
- Living Room
- 1-Story Property
About This Home
Oceanfront top-floor unit at Ocean Terrace Condominiums with stunning panoramic ocean views! This 1-bedroom, 1-bathroom condo accommodates up to 6 guests and generated over 42,000 dollars in gross revenue in 2024; it has been the highest-earning unit in the complex over the past five years. The condo is fully furnished and turnkey, making it ideal as a personal beach retreat, a high-income nightly rental, or both. Ocean Terrace offers private beach access, a recreation room, and a heated indoor pool for year-round enjoyment. Schedule your showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,691
Year Built
- Built in 1970
HOA Fees
- $479 Monthly HOA Fees
Home Design
- Composition Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 612 Sq Ft Home
- 1-Story Property
- Furnished
- Living Room
- Carpet
- Ocean Views
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Utilities
- Zoned Cooling
- Heating Available
- Electricity To Lot Line
- Gas Available at Street
- Water Heater
Additional Features
- Deck
- Ocean Front
Listing and Financial Details
- Tax Lot 82027
- Assessor Parcel Number 071127CA-82027-00
Community Details
Overview
- Association fees include trash, sewer, insurance, water
- Ocean Terrace Association, Phone Number (541) 996-3623
- Secondary HOA Phone (541) 996-3623
- Ocean Terrace Condo Subdivision
- The community has rules related to covenants, conditions, and restrictions
Pet Policy
- No Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,691 | $157,850 | -- | $157,850 |
| 2023 | $2,617 | $153,260 | $0 | $0 |
| 2022 | $2,544 | $148,800 | $0 | $0 |
| 2021 | $2,424 | $144,470 | $0 | $0 |
| 2020 | $2,368 | $140,270 | $0 | $0 |
| 2019 | $2,287 | $136,190 | $0 | $0 |
| 2018 | $2,236 | $132,230 | $0 | $0 |
| 2017 | $2,140 | $128,380 | $0 | $0 |
| 2016 | $2,007 | $124,650 | $0 | $0 |
| 2015 | $1,962 | $121,020 | $0 | $0 |
| 2014 | $1,912 | $117,500 | $0 | $0 |
| 2013 | -- | $114,080 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | For Sale | $328,000 | +96.4% | $536 / Sq Ft |
| 10/30/2018 10/30/18 | Sold | $167,000 | 0.0% | $273 / Sq Ft |
| 10/30/2018 10/30/18 | Sold | $167,000 | -13.9% | $273 / Sq Ft |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- |
| 09/16/2018 09/16/18 | For Sale | $194,000 | 0.0% | $317 / Sq Ft |
| 09/10/2017 09/10/17 | For Sale | $194,000 | -- | $317 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,000 | Commercial | |
| Previous Owner | $54,100 | Credit Line Revolving |
Source: Public Records
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Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 25-934
APN: R13443
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