NOT LISTED FOR SALE

4229 SW Beach Ave Unit 5 Lincoln City, OR 97367

1 Bed
1 Bath
612 Sq Ft
$435/mo HOA Fee

Last Sold November 17, 2023

Last sale price $197,000 $322 Per Sq Ft

176 Days on Market

Highlights

  • Ocean Front
  • Patio
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Room

About This Home

As of November 2023

Opportunity to own an Affordable, Oceanfront Getaway! This Ground-Floor unit features Whitewater Ocean Views and is being sold Turnkey! Private Beach access stairs are mere steps away, with restaurants and shopping just down the road! The low HOA dues of $1,300 per quarter make this a great option for a second home at the beach. Enjoy Daily Sunsets from the open layout kitchen, dining and living space, or out on the patio. The unit has newer flooring in the bedroom and bathroom, and new furnishings throughout. Located at Lincoln City's Ocean Terrace Complex, other amenities include an Indoor Swimming Pool, Rec Room, and Dry Heat Sauna! Option to keep unit in Ocean Terrace Rental Pool to help cover dues. Access from the sliding back door to avoid stairs. Ocean Terrace does not allow pets.

Last Agent to Sell the Property

Alexandra Underhill

Martek Real Estate Brokerage Phone: 541-265-8785 License #201220028 Listed on: 05/04/2023

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1970

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Patio
  • Ocean Front

Listing and Financial Details

  • Tax Lot 80005
  • Assessor Parcel Number 071127CA-80005-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, security, water
  • Chelsea Marble Association, Phone Number (541) 996-3623
  • Visit Association Website
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,544

Year Built

Built in 1970

Lot Details

0

HOA Fees

$435 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: From Hwy 101 in Lincoln City's Taft District, turn west onto SW Beach Avenue (across from Premier RV Resorts & south of the Inn at Spanish Head Resort), and the Ocean Terrace Office will be on the right. Parking lot for access to unit 5 is the first right turn off Beach Avenue, just below the office.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1970
  • Attribution Contact: 541-265-8785
  • 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: Ocean
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 80005
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • DeckPatio:Patio: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 1304.0
  • Association Fee Frequency: Quarterly
  • Phone: 541-996-3623
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: Chelsea Marble
  • CondoAssociation:Assoc Contact Phone: (541)996-3623
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Security2: Yes
  • CondoAssociation:Association Website: https://www.oceanterrace.com

Fee Information

  • Association Fee Includes: Trash, Sewer, Insurance, Security, Water

Lot Info

  • Parcel #: 071127CA-80005-00
  • Zoning: RC - Recreational Commercial

Tax Info

  • Tax Annual Amount: 2544.15
  • Tax Year: 2022

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $197,000 -21.2% $322 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $249,900 +30.2% $408 / Sq Ft
06/18/2021 06/18/21 Sold $192,000 -1.5% $314 / Sq Ft View Prior Sale
03/11/2021 03/11/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $195,000 -- $319 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

  • Loren Leach

    Seller's Agent in 2021

    Loren Leach

    Coldwell Banker Professional Group - Lincoln City

    (541) 921-0925

    35 Total Sales

    Loren Leach
    Section Image

  • T

    Buyer's Agent in 2021

    Tasha Brittsan

    Ocean Equity Real Estate & Investments, LLC

See All Agents

Map

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

MLS Number: 23-779

Oregon Lincoln County Lincoln City 97367

4229 SW Beach Ave Unit 5, Lincoln City, OR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes