NOT LISTED FOR SALE

918 SW 48th St Unit 1 Lincoln City, OR 97367

Estimated Value: $487,000

3 Beds
3 Baths
1,350 Sq Ft
$414/mo HOA Fee

Last Sold May 14, 2024

Last sale price $515,000 $381 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,004/month

279 Days on Market

Highlights

  • Bay View
  • Living Room
  • Heating Available
  • 1 Car Attached Garage
  • Zoned Cooling
  • 3-minute walk to Taft City Park

About This Home

As of May 2024

Discover convenience and luxurious living at these brand new condos-currently under construction- in the Taft District of Lincoln City. The Ebb Street Lofts are near plenty of shops, restaurants, entertainment and the beach. You'll never run out of fun things to explore and experience. Whether this is your home for everyday living, the perfect getaway or as a vacation rental, these condos check off all the boxes. Seller is a licensed real estate broker in the State of Oregon

Last Agent to Sell the Property

Taj Richardson

Harcourts Coast Realty License #200709164 Listed on: 03/25/2024

Harcourts Coast Realty

Co-Listed By

Angi Downs

Lincoln City Realty, LLC License #201229057

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $791

Year Built

  • Built in 2023

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 3600
  • Assessor Parcel Number 071127DC-3600-00

Community Details

Overview

  • Association fees include sewer, water
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$791

Year Built

Built in 2023

Lot Details

0

HOA Fees

$414 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: From Hwy 101 to Taft District. Right on SW 48th.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2023
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 3600
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • 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:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Siding:Concrete Composite: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 414.0
  • Association Fee Frequency: Monthly
  • Phone: TBD
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Sewer - 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: TBD
  • CondoAssociation:Assoc Contact Phone: TBD

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Parcel #: 071127DC-3600-00
  • Zoning: TVC - Taft Village Core

Tax Info

  • Tax Annual Amount: 791.11
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 29, 2024
Sold by
Taft Development Llc
Bought by
Doty Dominic M and Doty Rachel N
Seller's Agent
Taj Richardson
Harcourts Coast Realty
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$515,000
Sold Price
$515,000
Views
16
Current Estimated Value
$487,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,000
Original Mortgage
$354,656
Outstanding Balance
$350,301
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 5, 2024
Sold by
Taft Development Llc
Bought by
Chuc Bui Revocable Living Trust and Bui
Seller's Agent
Taj Richardson
Harcourts Coast Realty
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$515,000
Sold Price
$515,000
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,656
Outstanding Balance
$350,301
Interest Rate
7.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Doty Dominic M $472,875 Fidelity National Title
Doty Dominic M $472,875 Fidelity National Title
Chuc Bui Revocable Living Trust $541,000 Fidelity National Title
Reyes John V $515,000 Fidelity National Title
Chuc Bui Revocable Living Trust $541,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doty Dominic M $354,656
Closed Doty Dominic M $354,656
Previous Owner Reyes John V $400,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $515,000 0.0% $381 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $515,000 0.0% $381 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $515,000 -- $381 / 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 -- -- -- --
2023 $492 $28,800 $0 $0
2022 $478 $27,970 $0 $0
2021 $456 $27,160 $0 $0
2020 $445 $26,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 23-1282

APN: 07-11-27-DC-03601-00