$328,000
PENDING

4229 SW Beach Ave Unit 27 Lincoln City, OR 97367

Estimated payment $2,518/month

Total Views 7,103
1 Bed
1 Bath
612 Sq Ft
$536 Price per Sq Ft

Highlights

  • Ocean Front
  • Community Pool
  • Living Room
  • Sauna
  • Party Room
  • Zoned Heating

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!

Listing Agent

Dennis Regen

Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #810604051 Listed on: 05/01/2025

Co-Listing Agent

Korey Hazard

Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #201219450

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • 1 Common Wall

HOA Fees

  • $479 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Taft Elementary And Middle School
  • Taft High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R13443

Community Details

Overview

  • Ocean Terrace HOA, Phone Number (541) 996-3623
  • Ocean Terrace Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Sauna
  • Party Room

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,691

Year Built

Built in 1970

Lot Details

0

HOA Fees

$479 per month

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1970
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: CommonWall
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Unit Floor Number: 3
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring
  • Basement: None
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Association Contact: Front Desk
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: InGroundPool, Sauna
  • Lot Size: 1 to 2.99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons
  • Road Surface Type: Paved
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: ExteriorMaintenance, MaintenanceGrounds, PartyRoom, Pool, Sauna, Sewer, Utilities, Water
  • Senior Community: No
  • Association Fee: 1438.0
  • Association Fee Frequency: Quarterly
  • Association Name: Ocean Terrace HOA
  • Phone: 541-996-3623
  • Association: Yes
  • Association Email: unknown@unknown.com

Association/Amenities

  • AssociationAddress: 4229 SW Beach Ave
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Taft
  • High School: Taft
  • Middle Or Junior School: Taft

Lot Info

  • Farm: No
  • Zoning: RC
  • Land Lease: No
  • Lot Size Acres: 2.0
  • Lot Size: Commons
  • Lot Size Sq Ft: 87120.0
  • Parcel #: R13443

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 2691.14
  • Tax Opportunity Zone: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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: Regional Multiple Listing Service (RMLS)

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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    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft
    • 1424 SE 3rd St
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    Heather Duncan Taylor & Taylor Realty Co.

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 316244621

Regional Multiple Listing Service (RMLS)

APN: R13443