$500,000
SOLD SEP 30, 2025

100 SE 40th St Newport, OR 97366

South Beach Neighborhood
2.02 Acres
$247,525 Price per Acre
87,991 Sq Ft Lot

Recently Sold

23% Below List Price

4 Days on Market

About This Lot

As of September 2025

Rare find! Approx. 2.02 acres of flat ground zoned Industrial (I-P) in a very upcoming area of South Beach. Close to the Oregon Coast Community College and several other thriving businesses. Property has an existing 60'x 40' - 4 bay shop. Power, Water & Sewer are located on the property. Zoned for several different uses including shop space and several other designations.

Last Agent to Sell the Property

Brodie Becksted

Equity Plus Real Estate License #200302191 Listed on: 06/11/2025

Last Buyer's Agent

Unrepresented Buyer

Unrepresented Buyer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,331

Lot Details

  • 2.02 Acre Lot
  • Level Lot
  • Property is zoned I-1 Light Industrial

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Tax Lot 700
  • Assessor Parcel Number 111120AB-700-00

Property Details

Property Type

Land

Est. Annual Taxes

$4,331

Lot Details

0

Listing Details

  • Property Sub Type: Land - Commercial
  • Prop. Type: Land-Commercial
  • Road Frontage Type: None
  • Lot Size Acres: 2.02
  • Lot Size Sq Ft: 87991.2
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Directions: Hwy 101 to SE 40th Street. Turn on SE 40th Street, take first right on paved driveway to end of road on left hand side.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 2.02
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 700
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Sewer:City Street2: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Water Source: City

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111120AB-700-00
  • Zoning: I-1 Light Industrial

Tax Info

  • Tax Annual Amount: 4331.46
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Sep 29, 2025
Sold by
Gsbn Llc
Bought by
Samoylich Slavic and Samoylich Jenna Lee
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Unrepresented Buyer
Unrepresented Buyer
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
6.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 2017
Sold by
Pedersen Katharine Lee
Bought by
Gsbn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2017
Sold by
Geil Debra Ann
Bought by
Pedersen Katharine Lee and Stocker Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $500,000 Western Title
Warranty Deed $415,000 Western Title & Escrow
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Seller Take Back
Previous Owner $311,250 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $500,000 -16.5% --
06/15/2025 06/15/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $599,000 -7.8% --
05/18/2025 05/18/25 For Sale $650,000 +30.0% --
04/30/2025 04/30/25 Off Market $500,000 -- --
02/02/2025 02/02/25 For Sale $650,000 -- --
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 $4,577 $253,640 -- --
2023 $4,469 $246,260 $0 $0
2022 $4,331 $239,090 $0 $0
2021 $4,257 $232,130 $0 $0
2020 $4,156 $225,370 $0 $0
2019 $3,978 $218,810 $0 $0
2018 $2,839 $212,440 $0 $0
2017 $2,917 $206,260 $0 $0
2016 $2,725 $200,260 $0 $0
2015 $2,483 $194,430 $0 $0
2014 $2,414 $188,770 $0 $0
2013 -- $183,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brodie Becksted

    Seller's Agent in 2025

    Brodie Becksted

    Equity Plus Real Estate

    (541) 270-2484

    13 in this area

    207 Total Sales

    Brodie Becksted
    Section Image

  • U

    Buyer's Agent in 2025

    Unrepresented Buyer

    Unrepresented Buyer

See All Agents

Map

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

MLS Number: 25-190

APN: R401317

Oregon Lincoln County Newport 97366 South Beach

100 SE 40th St, Newport, OR

Sold

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