$474,000

916 SW 48th St Lincoln City, OR 97367

Estimated payment $3,057/month

Total Views 5,870
2 Beds
2 Baths
880 Sq Ft
$539 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Deck
  • Living Room
  • Bay View
  • 1 Car Attached Garage
  • 3-minute walk to Taft City Park

About This Home

Fantastic Lincoln City STR Investment Potential! This new construction, top-floor end unit offers Siletz Bay views and a modern design. It's perfectly positioned to easily obtain a rare Lincoln City vacation rental permit. Other units within Ebb Street Lofts have demonstrated strong rental activity this summer, indicating robust market interest. With its prime location just two blocks from the beach and surrounded by amazing Oregon Coast amenities, this property presents a compelling opportunity for the savvy investor to explore its potential. The developer is currently renting this great condo unit and selling it turnkey.

Listing Agent

Seth Belsey

Harcourts Coast Realty License #201236206 Listed on: 06/25/2025

Harcourts Coast Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $719

Year Built

  • Built in 2002 | Newly Remodeled

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Carport

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R283301

Community Details

Overview

  • 6 Units
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$719

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 2002
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: No
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 521-22-000191-STR
  • Property Sub Type: Condominium
  • Architectural Style: DetachedCondo
  • New Construction: Yes
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 6
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • CondominiumTotalLevels: 3
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Basement: None
  • Appliances: BuiltinRange, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • 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: Other
  • Exterior Features: Deck
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Commons
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Membrane
  • View: Bay

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Carport
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingTandemYN: No

Utilities

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

Condo/Co-op/Association

  • Unit Location: DetachedCondo
  • Association Amenities: MaintenanceGrounds, Utilities
  • Senior Community: No
  • Association Fee: 414.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: TBD
  • CondominiumAssociationEmail: TBD
  • CondominiumAssociationName: TBD
  • CondominiumAssociationPhone: 000-000-0000
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R283301

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 719.06
  • Tax Opportunity Zone: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 -- -- -- --
2023 $719 $42,110 $0 $0
2022 $791 $46,270 $0 $0
2021 $754 $44,930 $0 $0
2020 $737 $43,630 $0 $0
2019 $697 $93,580 $0 $0
2018 $1,536 $90,860 $0 $0
2017 $1,470 $88,220 $0 $0
2016 $1,379 $85,660 $0 $0
2015 $1,349 $83,170 $0 $0
2014 $699 $80,750 $0 $0
2013 -- $51,260 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $474,000 -- $539 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $520,000 Wfg Title
Warranty Deed $564,635 Fidelity National Title
Warranty Deed $475,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,250 New Conventional
Previous Owner $508,171 New Conventional
Previous Owner $312,000 New Conventional
Previous Owner $4,145,083 Construction
Previous Owner $535,000 Construction
Previous Owner $4,006,668 Construction
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 672071029

Regional Multiple Listing Service (RMLS)

APN: R283301