NOT LISTED FOR SALE

5201 SW Highway 101 Unit 401 Lincoln City, OR 97367

Estimated Value: $464,000 - $522,000

2 Beds
1 Bath
926 Sq Ft
$512/mo HOA Fee

Last Sold April 20, 2023

Last sale price $430,000 $464 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,494/month

7 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Living Room
  • Property Fronts a Bay or Harbor
  • Patio
  • 1-minute walk to Siletz Bay Park

About This Home

As of April 2023

Come see this updated Waters Edge Condo with bay, mountain, and ocean views from your patio. The TOP FLOOR, END UNIT allows you to be immersed in nature and soak in natural light from every room. Two bedrooms, 1 bathroom, fully furnished and ready to enjoy for a vacation home or zoned to be used as a nightly rental. Convenient location only steps from the Taft Historical District, home to many great restaurants and shops. Go from inside to toes in the sand and agates in hand in the blink of an eye! Top floor accessible by elevator, with HOA fees that cover utilities. Don't miss out on this sought after complex!

Last Agent to Sell the Property

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 03/24/2023

Last Buyer's Agent

Kent Norris

Taylor & Taylor Realty Company License #201235290

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1999

HOA Fees

  • $512 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 926 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Additional Features

  • Patio
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Tax Lot 90028
  • Assessor Parcel Number 071134AA-90028-00

Community Details

Overview

  • Association fees include electricity, trash, gas, internet, sewer, water
  • Julie Mcentire Association, Phone Number (503) 643-9000
  • Secondary HOA Phone (503) 643-9000
  • Waters Edge Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,919

Year Built

Built in 1999

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Bay/Harbor
  • Road Surface Type: Paved
  • Subdivision Name: Waters Edge Condo
  • Directions: Hwy 101 in Lincoln City, Turn West at SW 51st. Turn left into Waters Edge Condo Unit.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1999
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Bay
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Ocean
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 90028
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Patio: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Handicap Features:Level Entry: Yes
  • Foundation:PillarPostPier: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 512.0
  • Association Fee Frequency: Monthly
  • Phone: 503-643-9000
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Internet - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Julie McEntire
  • CondoAssociation:Assoc Contact Phone: 5036439000
  • Association Fee Inclusions:Electric - Unit: Yes
  • Association Fee Inclusions:Gas - Unit: Yes

Fee Information

  • Association Fee Includes: Electricity, Trash, Gas, Internet, Sewer, Water

Lot Info

  • Parcel #: 071134AA-90028-00
  • Zoning: TVC - Taft Village Core

Tax Info

  • Tax Annual Amount: 3919.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 14, 2023
Sold by
Ives Family Trust
Bought by
Janet M Buzzell Living Trust
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
Kent Norris
Taylor & Taylor Realty Company
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$487,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,474
Avg. Annual Appreciation
5.41%

Purchase Details

Listed on
Feb 7, 2021
Closed on
Mar 9, 2021
Sold by
Chamberlain Judy F
Bought by
Ives Richard B and Ives Revecca N
Seller's Agent
Ryan Maddy
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Amy Graham
Taylor & Taylor Realty Company
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%

Purchase Details

Closed on
Aug 26, 2014
Sold by
Kirwn Carl Michael Anthony and Kirwan Valerie Rae Marie
Bought by
Chamberlain Judy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Federal National Mortgage Association
Bought by
Kirwan Carl Michael Anthony and Kirwan Valerie Rae Marie

Purchase Details

Closed on
Sep 3, 2008
Sold by
Phh Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2005
Sold by
Oak Brook Financial Corp
Bought by
Eicher John C and Eicher Bubs Burton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,905
Interest Rate
7.05%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Janet M Buzzell Living Trust $430,000 Western Title
Ives Richard B $320,000 Western Title & Escrow
Chamberlain Judy F $170,000 Western Title & Escrow
Kirwan Carl Michael Anthony $165,000 Ticor Title
Federal National Mortgage Association -- Wte
Phh Mortgage Corp $237,816 Wte
Eicher John C $239,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chamberlain Judy F $136,000
Previous Owner Eicher John C $71,600
Previous Owner Eicher John C $227,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $430,000 0.0% $464 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $430,000 +34.4% $464 / Sq Ft
03/10/2021 03/10/21 Sold $320,000 -1.5% $346 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $325,000 -- $351 / 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 $4,146 $243,190 -- $243,190
2023 $4,032 $236,110 $0 $0
2022 $3,919 $229,240 $0 $0
2021 $3,734 $222,570 $0 $0
2020 $3,643 $216,090 $0 $0
2019 $3,524 $209,800 $0 $0
2018 $3,444 $203,690 $0 $0
2017 $3,251 $197,760 $0 $0
2016 $3,048 $192,000 $0 $0
2015 $2,620 $164,000 $0 $0
2014 $2,860 $178,350 $0 $0
2013 -- $188,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Graham

    Seller's Agent in 2023

    Amy Graham

    Taylor & Taylor Realty Company

    (541) 992-1050

    400 Total Sales

    Amy Graham
    Section Image

  • K

    Buyer's Agent in 2023

    Kent Norris

    Taylor & Taylor Realty Company

    Section Image
  • Ryan Maddy

    Seller's Agent in 2021

    Ryan Maddy

    Coldwell Banker Professional Group - Lincoln City

    (503) 930-5678

    89 Total Sales

    Ryan Maddy
    Section Image
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Map

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

MLS Number: 23-347

APN: R513670

Oregon Lincoln County Lincoln City 97367

5201 SW Highway 101 Unit 401, Lincoln City, OR

This home is located at 5201 SW Highway 101 Unit 401, Lincoln City, OR 97367 since 24 March 2023 and is currently estimated at $487,474, approximately $526 per square foot. This property was built in 1999. 5201 SW Highway 101 Unit 401 is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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