$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

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

Outdoor Features

  • Deck

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.37%

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

Similar Homes in Lincoln City, OR

  • 1415 NW 31st Place Unit 356, Lincoln City, OR 97367

    $350,000

    • 1 Bed
    • 1 Bath
    • 590 Sq Ft
    • 1415 NW 31st Place
    • Unit 356
    • Lincoln City, OR

    Unbelievable ocean views that feel like ocean front. Dedicated beach access, salt water swimming pool, game room, hot tub, laundry onsite. Live full time w/pets, or add to the rental pool. Sold furnished. Seller will pay current assessment at closing.

    Shelli Neal Realty One Group At the Beach,

    Section Image
  • 5201 SW Highway 101 Unit 312, Lincoln City, OR 97367

    $370,000

    • 1 Bed
    • 1 Bath
    • 684 Sq Ft
    • 5201 SW Highway 101
    • Unit 312
    • Lincoln City, OR

    BAY FRONT. One bedroom Waters Edge Condo #312 located in the Taft District where you'll find much to explore and enjoy. Watch the sea lions and gulls play from the comfort of the living room. Winter storm watching is dynamic or play on the beach during the warmer months. Easy to walk to shops restaurants galleries and so much! If you are traveling with a large party ask us how our other 24

    Jennifer Gregoriou eXp Realty, LLC

    Section Image
  • 5201 SW Highway 101 Unit 310, Lincoln City, OR 97367

    $379,999

    • 1 Bed
    • 1 Bath
    • 683 Sq Ft
    • 5201 SW Highway 101
    • Unit 310
    • Lincoln City, OR

    Welcome to coastal living at its finest! This condo offers breathtaking ocean views with windows that flood the space with natural light. Enjoy morning coffee or sunset wine on your private balcony just steps from the sand. This turn-key property is ready for you for you to enjoy! The building includes an elevator, parking, and unbeatable beach access and view. Don't miss your chance to own a

    Vanessa Corder Coldwell Banker Professional

    Section Image
  • 5201 SE Highway 101 Unit 102, Lincoln City, OR 97367

    $425,000

    • 1 Bed
    • 1 Bath
    • 690 Sq Ft
    • 5201 SE Highway 101
    • Unit 102
    • Lincoln City, OR

    Every aspect of this first floor bay frontage condo has been renovated with modern coastal vibes in mind. Beautiful white quartz counters throughout, stainless steel appliances and LVT flooring. This unit has a full bathroom remodel to allow easier access to the walk-in shower. Fully furnished aside from artwork, this condo is ready for your vacations! Easy to schedule a showing.

    Riley Hoagland Oregon Life Homes

    Section Image
  • 5201 SE Highway 101 Unit 312, Lincoln City, OR 97367

    $380,000

    • 1 Bed
    • 1 Bath
    • 684 Sq Ft
    • 5201 SE Highway 101
    • Unit 312
    • Lincoln City, OR

    BAY FRONT. One bedroom Waters Edge Condo #312 located in the Taft District where you'll find much to explore and enjoy. Watch the sea lions and gulls play from the comfort of the living room. Winter storm watching is dynamic or play on the beach during the warmer months. Easy to walk to shops restaurants galleries and so much! If you are traveling with a large party ask us how our other 24

    Jennifer Gregoriou eXp Realty, LLC

    Section Image
  • 5201 SE Highway 101 Unit 110, Lincoln City, OR 97367

    $405,000

    • 1 Bed
    • 1 Bath
    • 679 Sq Ft
    • 5201 SE Highway 101
    • Unit 110
    • Lincoln City, OR

    Bayfront beach level on Siletz Bay. Beautiful bay views & the Four Brothers Rock formation. Enjoy fishing, crabbing, clamming & kayaking on the bay & up Schooner creek, relax on the deck, enjoy the 4th of July fireworks show, making a lifetime of memories with family & friends- sleeps 7. Sold turnkey! Zoned for Short Term Rentals use. Impeccably maintained. Upgrades include: kitchen w/SS

    Anita Quilici Emerald Coast Realty - Depoe Bay

    Section Image
  • 5201 SE Highway 101 Unit 310, Lincoln City, OR 97367

    $379,999

    • 1 Bed
    • 1 Bath
    • 683 Sq Ft
    • 5201 SE Highway 101
    • Unit 310
    • Lincoln City, OR

    Welcome to coastal living at its finest! This condo offers breathtaking ocean views with windows that flood the space with natural light. Enjoy morning coffee or sunset wine on your private balcony just steps from the sand. This turn-key property is ready for you for you to enjoy!The building includes an elevator, parking, and unbeatable beach access and view. Don't miss your chance to own a

    Vanessa Corder Coldwell Banker Professional Group - Lincoln City

    Section Image
  • 5201 SE Highway 101 Unit 314, Lincoln City, OR 97367

    $550,000

    • 2 Beds
    • 1 Bath
    • 990 Sq Ft
    • 5201 SE Highway 101
    • Unit 314
    • Lincoln City, OR

    Discover the best of coastal living in this stunning bayfront condo nestled in Lincoln City's popular Taft district! Prepare to be captivated by the incredible views encompassing both the Siletz bay and the ocean. Offered fully furnished and currently operating as a successful vacation rental; obtaining a rental permit for new owners is straightforward. Inside, you'll find a meticulously

    Taj Richardson Harcourts Coast Realty

    Section Image
  • 920 SW 48th St Unit 3, Lincoln City, OR 97367

    $474,000

    • 2 Beds
    • 2 Baths
    • 880 Sq Ft
    • 920 SW 48th St
    • Unit 3
    • Lincoln City, OR

    Discover your ideal Lincoln City second home! This chic new construction, top-floor condo offers stunning Siletz Bay views and a great modern layout. Enjoy private coastal getaways just two blocks from the beach, surrounded by Taft's vibrant dining and shops. Plus, easily secure a desirable vacation rental permit, providing a flexible income perk when you're not savoring your own piece of the

    Seth Belsey Harcourts Coast Realty

    Section Image

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

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 Change Sq Ft Price
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

  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 490404670

Regional Multiple Listing Service (RMLS)

APN: R513606