NOT LISTED FOR SALE

1027 NW Lake St Unit 1027, 1023 Newport, OR 97365

Nye Beach Neighborhood
6 Beds
4 Baths
3,024 Sq Ft
7,841 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $325,000 $107 Per Sq Ft

60 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Traditional Architecture
  • 3-minute walk to Frank V Wade Field

About This Home

As of May 2016

Quality built and well maintained spacious duplex in the heart of Newport with Great Ocean Views! Top dollar rents, minimum upkeep, & recently updated. Short walk to Nye Beach, restaurants and shops. Nice separate back yard spaces great for pets or gardening.

Last Agent to Sell the Property

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 02/27/2016

Last Buyer's Agent

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 02/27/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1979

Lot Details

  • 7,841

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ocean Views
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Car Attached Garage
  • 6 Open Parking Spaces

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Gas Available at Street
  • Water Heater

Additional Features

  • Deck
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 1500
  • Assessor Parcel Number 111105CA-1500-00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,680
  • Gross Income $30,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.18
  • Lot Size: 7,749 SqFt
  • Lot Size Sq Ft: 7840.8
  • Road Surface Type: Paved
  • Directions: Hwy 101 to NW 11th, North on Lake
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1979
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.18
  • Location Tax and Other Information:Tax Lot: 3 & PTN 2
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 6
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 7,749 SqFt
  • Location Tax and Other Information:Subdv ParcelLot: 1500
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Gross Income: 30060.0
  • Alternate Heat:Pellet Stove: Yes
  • Expense:Expenses: 1680.0
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3
  • External Features:Parking Spaces: 6.0

Utilities

  • Heating: Baseboard, Pellet Stove
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City Street
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105CA-1500-00
  • Zoning: R-2 Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30060.0

Tax Info

  • Tax Annual Amount: 4106.34
  • Tax Year: 2015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $325,000 -6.9% $107 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $349,000 -- $115 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    16 in this area

    176 Total Sales

    Sonja Lovas
    Section Image
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Map

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

MLS Number: 16-595

Oregon Lincoln County Newport 97365 Nye Beach

1027 NW Lake St Unit 1027, 1023, Newport, OR

This home is located at 1027 NW Lake St Unit 1027, 1023, Newport, OR 97365 since 27 February 2016. This property was built in 1979. 1027 NW Lake St Unit 1027, 1023 is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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.

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