$167,000
SOLD OCT 30, 2018

4229 SW Beach Ave Unit 27 Lincoln City, OR 97367

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

Recently Sold

$273 Per Sq Ft

14% Below List Price

388 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Deck
  • Fitness Center
  • Sauna
  • Wood Flooring

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 Co. License #810604051 Listed on: 09/10/2017

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • 1 Common Wall

HOA Fees

  • $338 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

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

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Taft Elementary And Middle School
  • Taft High School

Utilities

  • No Cooling
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R13443

Community Details

Overview

  • 41 Units
  • Ocean Terrace Condominium Association, Phone Number (541) 996-3632
  • Mk43 Subdivision

Amenities

  • Community Deck or Porch
  • Common Area
  • Sauna

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

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

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1970
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 41
  • CondominiumYardYN: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 0.1
  • Interior Amenities: Floor3rd, HardwoodFloors
  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, Microwave
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Stories: 3
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: Deck, Pool, Sauna
  • Waterfront: Yes
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: None
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, Gym, Internet, Management, Pool, Sauna, Trash, Water
  • Senior Community: No
  • Association Fee: 1013.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Ed Long
  • CondominiumAssociationName: Ocean Terrace Condominium
  • CondominiumAssociationPhone: 541-996-3632
  • CondominiumAssociationURL: www.oceanterrace.com
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Zoning: RecCom
  • Lot Size: Condo
  • Parcel #: R13443

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 2139.87

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
9.56%

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: Regional Multiple Listing Service (RMLS)

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: Regional Multiple Listing Service (RMLS)

MLS Number: 17616575

Regional Multiple Listing Service (RMLS)

APN: R13443