$455,000
SOLD JUN 2, 2025

5201 SW Highway 101 Unit 307 Lincoln City, OR 97367

2 Beds
1.5 Baths
810 Sq Ft
$556/mo HOA Fee

Recently Sold

$562 Per Sq Ft

4% Below List Price

54 Days on Market

Highlights

  • Ocean View
  • Deck
  • Elevator
  • Property Fronts a Bay or Harbor
  • Quartz Countertops
  • 1-minute walk to Siletz Bay Park

About This Home

As of June 2025

RARE 2 bedroom end unit condo with amazing views of Siletz Bay and ocean in distance. Fully furnished and vacation rental friendly! Quartz counters, stainless appliances, engineered flooring. Located in the Taft district of Lincoln City close to fun, groceries, restaurants and entertainment. Direct access to beautiful beach, public dock and wildlife. Go clamming, crabbing, fishing or kayaking out your front door. Elevator for easy access. HOA covers all utilities.

Last Agent to Sell the Property

Barbara Bechmann

Emerald Coast Realty-Seal Rock License #201212071 Listed on: 03/25/2025

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1999

Lot Details

  • Property Fronts a Bay or Harbor
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $556 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Range
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • No Garage
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

  • Oceanlake Elementary School
  • Taft Middle School
  • Taft High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Gas Available
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Deck
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number R513606

Community Details

Overview

  • 56 Units
  • Waters Edge Association, Phone Number (503) 480-9653
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,559

Year Built

Built in 1999

Lot Details

0

HOA Fees

$556 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1999
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 3
  • CondominiumUnitsInComplex: 56
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • CondominiumTotalLevels: 4
  • Unit Floor Number: 3
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: Floor3rd, HighSpeedInternet, LuxuryVinylTile, WasherDryer
  • Basement: None
  • Appliances: BuiltinRange, FreeStandingRefrigerator, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 4
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodComposite
  • Exterior Features: Deck, PublicRoad
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Water Body Name: Siletz Bay
  • Waterfront Features: BayFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Bay,Ocean

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No
  • CondominiumGarageType: None
  • CondominiumParkingTandemYN: No

Utilities

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

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: AllLandscaping, Commons, Electricity, ExteriorMaintenance, Gas, Insurance, MaintenanceGrounds, Trash, Utilities, Water
  • Senior Community: No
  • Association Fee: 556.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Art Arroyo
  • CondominiumAssociationEmail: watersedgecoa1@gmail.com
  • CondominiumAssociationName: Waters Edge
  • CondominiumAssociationPhone: 503-480-9653
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: R513606

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3559.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Jun 2, 2025
Sold by
Barbara Phillips Trust and Phillips Barbara
Bought by
Petersen Margaret
Seller's Agent
Barbara Bechmann
Emerald Coast Realty-Seal Rock
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$474,900
Sold Price
$455,000
Premium/Discount to List
-$19,900
-4.19%
Views
40
Current Estimated Value
$453,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,952
Avg. Annual Appreciation
-1.19%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Goddard Aaron Michael Charles
Bought by
Phillips Barbara

Purchase Details

Closed on
Feb 22, 2016
Sold by
Marlowe Henry and Marlowe Ieda
Bought by
Goddard Aaron Michael Charles
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $455,000 Western Title
Warranty Deed $236,000 Western Title & Escrow
Warranty Deed $190,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Sold $455,000 -4.2% $562 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $474,900 -- $586 / 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 $3,559 $208,770 -- $208,770
2023 $3,461 $202,690 $0 $0
2022 $3,365 $196,790 $0 $0
2021 $3,205 $191,060 $0 $0
2020 $3,131 $185,500 $0 $0
2019 $3,025 $180,100 $0 $0
2018 $2,957 $174,860 $0 $0
2017 $2,830 $169,770 $0 $0
2016 $2,654 $164,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 490404670

Regional Multiple Listing Service (RMLS)

APN: R513606