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  • Price cut: $49K (5/14)
    $650,000

    5055 NW Terrace Ct, Waldport, OR 97394

    3beds
    1,576sqft
    : 
    $4,396/mo
    Get pre-qualified
    Single Family Residence
    Built in 1999
    0.9 Acres Lot
    $748,900 Zestimate®
    $412/sqft
    $25/mo HOA

    What's special

    Open living designFenced yard for petsSurrounded by treesCovered hot tub pergolaFire pitCentral vacuumVaulted ceilings
    Privately located on an oversized parcel close to the beach and surrounded by trees, this custom home offers comfort, versatility, and exceptional shop space. The custom 36x40 two-bay shop is ideal for RV or boat storage, hobbies, projects, or additional workspace. It is fully insulated and secure, with a large workshop area and overhead storage. Additional parking is available beside the shop and near the home. Inside, the home features vaulted ceilings, abundant natural light, and an open living design. The efficient kitchen offers granite counters and a garden window, along with a spacious laundry, craft, and pantry area. Additional features include a central vacuum, a Ring camera, and an attached oversized two-car garage. The primary suite includes a jetted tub, a walk-in closet, a step-in shower, and access to the covered porch, where you can enjoy beautiful sunsets. The grounds feature raised garden beds, a covered hot tub pergola, a fenced yard for pets, a fire pit, and more. Well-maintained, conveniently located, and move-in ready.
    388 days
    |
    358
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine Scarlett Kier (541)265-2200,

    Advantage Real Estate,

    Shelly Heim 541-270-2077,

    Advantage Real Estate

    Source: OCMLS,MLS#: LC-104265MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Suite
      Dining room
      • Description: Open living concept
      Heating
      • Electric
      Cooling
      • Ductless, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
      Features
      • Vaulted Ceiling(s)
      • Flooring: Tile, Wood
      • Windows: Window Treatments
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,576
      • Total interior livable area: 1,576 sqft
      • Finished area above ground: 1,576
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage, RV Access/Parking
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered Porch
      • Fencing: Partial
      Lot
      • Size: 0.9 Acres
      • Features: Irregular Lot
      Details
      • Additional structures: Pergola
      • Parcel number: 131107B90000
      • Zoning description: R-1 Residential, Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available

      Community & HOA

      Community
      • Subdivision: Ocean View Terrace
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • Services included: Maintenance Grounds
      • HOA fee: $300 annually
      • HOA name: Ocean View Terrace HOA
      • HOA phone: 541-961-4324
      Location
      • Region: Waldport

      Financial & listing details

      • Price per square foot: $412/sqft
      • Tax assessed value: $800,240
      • Annual tax amount: $5,000
      • Date on market: 3/2/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $748,900

        $711,000 - $786,000

        $2,627/mo

        Price history

        DateEventPrice
        5/14/2026Price change$650,000-7%$412/sqft
        Source: OCMLS #LC-104265 Report a problem
        4/23/2026Price change$699,000-4.9%$444/sqft
        Source: OCMLS #LC-104265 Report a problem
        3/16/2026Price change$735,000-5.2%$466/sqft
        Source: OCMLS #LC-104265 Report a problem
        3/2/2026Listed for sale$775,000$492/sqft
        Source: OCMLS #LC-104265 Report a problem
        2/23/2026Pending sale$775,000$492/sqft
        Source: OCMLS #LC-104265 Report a problem
        12/4/2025Price change$775,000-3%$492/sqft
        Source: OCMLS #25-1501 Report a problem
        8/18/2025Price change$799,000-6%$507/sqft
        Source: OCMLS #25-1501 Report a problem
        7/1/2025Listed for sale$850,000+84900%$539/sqft
        Source: OCMLS #25-1501 Report a problem
        2/3/2017Sold$1,000-99.7%$1/sqft
        Source: Public Record Report a problem
        9/12/2007Sold$320,000$203/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,851 +1.9%$371,510 +3%
        2023$4,759 +14.9%$360,690 +19%
        2022$4,143 +7.4%$303,090 +5.2%
        2021$3,859 -7.5%$288,120 -9.6%
        2020$4,171 $318,710 +3%
        2019-- $309,430 +12.6%
        2018$3,759 $274,840 +33.9%
        2017$3,759 +49%$205,220 +6.8%
        2016$2,524 $192,160 +3%
        2015$2,524 +13.5%$186,570 +3%
        2014$2,223 $181,140 +3%
        2013$2,223 +3.4%$175,870 +3%
        2012$2,151 +8.2%$170,750 +3%
        2011$1,987 +5.8%$165,780
        2010$1,879 +3%$165,780 +6.1%
        2009$1,823 +2.7%$156,280
        2008$1,776 +5.2%$156,280 +6.1%
        2007$1,688 $147,320
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97394

        Getting around

        2 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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