$167,000
SOLD OCT 30, 2018

4229 SW Beach Ave Unit 27 Lincoln City, OR 97367

1 Bed
1 Bath
612 Sq Ft
$338/mo HOA Fee

Recently Sold

$273 Per Sq Ft

14% Below List Price

17 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Zoned Cooling
  • Deck
  • Living Room
  • Dining Room

About This Home

As of October 2018

This popular 1 bedroom 1 bath, 3rd Floor unit has a Deck with spectacular Ocean Views. Fully equipped kitchen. Currently in the rental pool and has On site property manager. Direct beach access, indoor heated pool, sauna, game room, cable tv, internet, water, garbage included in reasonable HOA dues. 2016 rental annual rental income $24,012.00. Sale subject to probate court approval.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 09/16/2018

Co-Listed By

B. Kelly Colkitt

Taylor & Taylor Realty Company

Last Buyer's Agent

Christine Hansen

Lincoln City Realty, LLC License #201217312

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1970

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 612 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Zoned Cooling
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Water Heater

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 071127CA-82027-00

Community Details

Overview

  • Ed Long Association, Phone Number (541) 996-3623
  • Secondary HOA Phone (541) 996-3623
  • Ocean Terrace Condo Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,140

Year Built

Built in 1970

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Road Surface Type: Paved
  • Subdivision Name: Ocean Terrace Condo
  • Directions: Highway 101 South to Beach Avenue, West on Beach, property on right side of road
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1970
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 82027
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Location Tax and Other Information:Subdv ParcelLot: N/A
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Siding:Lap: Yes
  • Flooring:Carpet: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 338.0
  • Association Fee Frequency: Monthly
  • Phone: 541-996-3623
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Ed Long
  • CondoAssociation:Assoc Contact Phone: 541-996-3623

Lot Info

  • Parcel #: 071127CA-82027-00
  • Zoning: C-2 General Commercial

Tax Info

  • Tax Annual Amount: 2139.87
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2018
Closed on
Oct 29, 2018
Sold by
Hall Scott
Bought by
Lincoln Adam Carl
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Christine Hansen
Lincoln City Realty, LLC
List Price
$194,000
Sold Price
$167,000
Premium/Discount to List
-$27,000
-13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Pollock Diane
Bought by
Hall Martha Pitts and Estate Of Richard F Hall Jr

Purchase Details

Closed on
Aug 9, 2018
Sold by
Hall Scott
Bought by
Hall Martha Pitts and Estate Of Richard F Hall Jr

Purchase Details

Closed on
Jul 6, 2018
Sold by
Hall Richard S
Bought by
Hall Martha Pitts and Estate Of Richard F Hall Jr
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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)

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 17-2627

APN: R13443