1005 SE Bay Bl Newport, OR 97365
Bayfront NeighborhoodEstimated payment $1,691/month
Highlights
- Waterfront
- Territorial View
- High Speed Internet
About This Lot
Attention all builders: we are now accepting reservations for shovel-ready duplex lots starting at $300,000. This newly established neighborhood is zoned R2 and will consist of 11 brand new townhome style duplexes, offering spectacular views and exceptional access to Newport's Bayfront District. Seize the opportunity to showcase your quality in this uniquely remarkable development. Situated directly across from the Embarcadero Resort and Marina, the site boasts stunning views of the Bay Bridge and the ocean. Essential utilities, including water, sewer, and power, will be provided to each lot prior to sale, making this a premium development opportunity. Residents will have easy access to popular attractions such as the Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the diverse offerings of the Oregon Coast. This prime location presents an excellent investment opportunity—act now!
Listing Agent
BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201215479 Listed on: 09/27/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $376
Lot Details
- 5,500 Sq Ft Lot
- Waterfront
- Irregular Lot
- Property is zoned R2
Property Views
- Territorial Views
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Walker Heights Subdivision
Listing and Financial Details
- Tax Lot *
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,232 | $234,530 | $234,530 | -- |
| 2023 | $4,132 | $227,700 | $0 | $0 |
| 2022 | $4,005 | $221,070 | $0 | $0 |
| 2021 | $3,851 | $210,010 | $0 | $0 |
| 2020 | $3,958 | $214,640 | $0 | $0 |
| 2019 | $3,788 | $208,390 | $0 | $0 |
| 2018 | $3,761 | $207,250 | $0 | $0 |
| 2017 | $3,725 | $201,100 | $0 | $0 |
| 2016 | $3,756 | $201,100 | $0 | $0 |
| 2015 | $3,586 | $201,100 | $0 | $0 |
| 2014 | $3,611 | $201,100 | $0 | $0 |
| 2013 | -- | $201,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | For Sale | $3,300,000 | 0.0% | -- |
| 01/03/2025 01/03/25 | For Sale | $3,300,000 | +2100.0% | -- |
| 09/27/2024 09/27/24 | For Sale | $150,000 | -50.0% | -- |
| 09/27/2024 09/27/24 | For Sale | $300,000 | -80.0% | -- |
| 09/18/2024 09/18/24 | For Sale | $1,500,000 | 0.0% | -- |
| 09/17/2024 09/17/24 | Off Market | $1,500,000 | -- | -- |
| 07/12/2024 07/12/24 | For Sale | $1,500,000 | 0.0% | -- |
| 07/03/2024 07/03/24 | Off Market | $1,500,000 | -- | -- |
| 01/11/2024 01/11/24 | For Sale | $1,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | First American Title | |
| Bargain Sale Deed | $200,000 | None Available | |
| Sheriffs Deed | $224,765 | None Available | |
| Warranty Deed | $420,000 | None Available | |
| Trustee Deed | $465,938 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $461,444 | New Conventional | |
| Previous Owner | $175,000 | Balloon | |
| Previous Owner | $30,000 | Unknown | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $51,000 | Stand Alone Second | |
| Closed | $400,000 | No Value Available |
Source: Willamette Valley MLS
MLS Number: 821847
APN: R132556
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson
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