NOT LISTED FOR SALE

Estimated Value: $563,000 - $685,000

3 Beds
2 Baths
2,272 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $248,521 $109 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,835/month

93 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • 4-minute walk to Frank V Wade Field

About This Home

As of March 2016

Beautifully remodeled Ocean View family home! All upgraded finish materials! Ocean View master bedroom & deck! Exquisite master suite (check out the photos) w/soaking tub and spacious walk in closet! Gorgeous hardwood flooring throughout! Custom kitchen with granite counter tops, wine rack, & custom cabinets & lighting! Elegant fireplace in living room! Skylights! Oversized 2 car garage! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Jerry Biesterfeld

Taylor & Taylor Realty Company License #200606246 Listed on: 10/14/2015

Last Buyer's Agent

K. Kier

Advantage Real Estate License #910500212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Ocean View Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 8
  • Assessor Parcel Number 111105CA-1200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,446

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size: 6717 sq ft
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Ocean View
  • Directions: Hwy 101 in Newport to signal at NW 11th St, west on NW 11th to Hurbert St, left on Hurbert to house on left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1954
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.15
  • Location Tax and Other Information:Tax Lot: 1200
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: 6717 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 8
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous:Den: Yes
  • DeckPatio:Patio: Yes
  • Miscellaneous Possession: negotiable
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105CA-1200-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 4446.38
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Mar 11, 2016
Sold by
Fannie Mae
Bought by
Hare Rita O
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
K. Kier
Advantage Real Estate
List Price
$299,900
Sold Price
$248,521
Premium/Discount to List
-$51,379
-17.13%
Current Estimated Value
$631,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,064
Avg. Annual Appreciation
11.45%
Original Mortgage
$150,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Cutchin Wally T and Cutchin Jill H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 2, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association and Fnma

Purchase Details

Closed on
Jul 21, 2005
Sold by
Lewis Roger Allen and Lewis Sheila A
Bought by
Cutchin Wally T and Cutchin Jill H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,527
Interest Rate
5.56%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Hare Rita O $248,521 Wte
Wells Fargo Bank Na $366,627 First American Title Ins Co
Federal National Mortgage Association -- First American Title Ins Co
Cutchin Wally T $298,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rita Ohare Trust $200,000
Closed Hare Rita O $150,000
Previous Owner Cutchin Wally T $47,000
Previous Owner Cutchin Wally T $305,567
Previous Owner Cutchin Wally T $26,000
Previous Owner Cutchin Wally T $272,527
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $248,521 -17.1% $109 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $299,900 -- $132 / 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 $6,004 $332,740 -- --
2023 $5,863 $323,050 $0 $0
2022 $5,682 $313,650 $0 $0
2021 $5,584 $304,520 $0 $0
2020 $5,452 $295,660 $0 $0
2019 $5,218 $287,050 $0 $0
2018 $5,057 $278,690 $0 $0
2017 $5,013 $270,580 $0 $0
2016 $4,906 $262,700 $0 $0
2015 $4,549 $255,050 $0 $0
2014 $4,446 $247,630 $0 $0
2013 -- $240,420 $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: 15-2891

APN: R418160