$440,000
SOLD JUL 28, 2015

1040 NE 7th Dr Newport, OR 97365

3 Beds
3 Baths
2,924 Sq Ft
0.28 Acres

Recently Sold

$150 Per Sq Ft

4% Below List Price

82 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Covered patio or porch

About This Home

As of September 2024

3 BR, 2.5 Bath, den, huge family room (with bar), Ocean Views, close to schools. Gas fireplace, hardwood floors, covered porch, deck, hot tub and so much more! Plenty of storage, including a 2 car attached garage and a single detached garage. Beautiful, recent remodel in the kitchen. This home has a great floor plan and sits in one of the more desirable neighborhoods in Newport. MUST SEE!!

Last Agent to Sell the Property

Michael Kessinger

Emerald Coast Realty - Seal Rock Listed on: 03/24/2015

Last Buyer's Agent

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,248

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-S Residential Single

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shop

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Candletree Park Subdivision

Listing and Financial Details

  • Tax Lot 5400
  • Assessor Parcel Number 111104CC-5400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,248

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.28
  • Lot Size: 12,200
  • Lot Size Sq Ft: 12196.8
  • Road Surface Type: Paved
  • Subdivision Name: Candletree Park
  • Directions: From Hwy 20, North on Eads, East on 7th St. up the hill, past the Middle School, continue straight and house is to the Left to 7th Dr.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1997
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.28
  • Location Tax and Other Information:Tax Lot: 4
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 12,200
  • Location Tax and Other Information:Subdv ParcelLot: 5400
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Hardi Plank: Yes
  • DeckPatio:Deck and Patio: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: Shop
  • Roof: Composition, Shingle
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111104CC-5400-00
  • Zoning: R-S Residential Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6247.72
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 16, 2024
Sold by
Parkins Sally and Parkins Christopher
Bought by
Chynoweth-Thomson Living Trust and Chynoweth
Seller's Agent
Elise Jordan
Advantage Real Estate
Buyer's Agent
Karla Kuhlenbeck
Windermere West Coast Properties
List Price
$930,000
Sold Price
$900,000
Premium/Discount to List
-$30,000
-3.23%
Views
70
Current Estimated Value
$878,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,745
Avg. Annual Appreciation
-2.87%
Original Mortgage
$720,000
Outstanding Balance
$716,019
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$162,236

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 31, 2022
Sold by
Accept Holdings And Relocation Llc
Bought by
Parkins Sally and Parkins Christopher
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Lila Timmons
Next Home Picket Fence Realty
List Price
$850,000
Sold Price
$902,500
Premium/Discount to List
$52,500
6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Original Mortgage
$200,000
Interest Rate
4.31%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 26, 2022
Sold by
Cory Williams Robert
Bought by
Accept Holdings And Relocation Llc
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Lila Timmons
Next Home Picket Fence Realty
List Price
$850,000
Sold Price
$902,500
Premium/Discount to List
$52,500
6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.31%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jul 24, 2015
Sold by
Belloni Aaron and Belloni Autumn
Bought by
Williams Robert Cory
Seller's Agent
Michael Kessinger
Emerald Coast Realty - Seal Rock
Buyer's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$417,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2009
Sold by
Mastrolia Joseph T and Mastrolia Katrina
Bought by
Belloni Aaron and Belloni Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Newport, OR

  • 333 NE 7th St, Newport, OR 97365

    $469,000

    • 4 Beds
    • 1 Bath
    • 1,149 Sq Ft
    • 333 NE 7th St
    • Newport, OR

    A rare Newport find—this charming 4-bedroom, 1-bath home blends comfort, character, and smart upgrades. Recent updates include new windows, Hardi-plank siding, fresh interior paint, roof cleaning, pressure wash, and a vapor barrier total replacement—making it truly move-in ready. The converted garage serves as a roomy primary suite with shop space, easily returned to its original use if desired.

    Nickolas Dyer Advantage Real Estate

    Section Image
  • 363 NE 4th St, Newport, OR 97365

    $485,000

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • 363 NE 4th St
    • Newport, OR

    Beautifully maintained 3 bedroom two bath home built in 2013 on a nice sized corner lot. Close to all the amenities and conveniences of Newport. Quartz countertops in the kitchen and bathrooms. Shaw versa lock laminate flooring throughout the kitchen, dining & living area and hallway; carpet in the bedrooms.A lot of storage space and natural light. Stainless steel appliances, the bar

    Jessica Hawkes Advantage Real Estate

    Section Image
  • 905 NE Douglas St, Newport, OR 97365

    $350,000

    • 4 Beds
    • 1 Bath
    • 1,520 Sq Ft
    • 905 NE Douglas St
    • Newport, OR

    Charming 4-bedroom, 1-bath farmhouse-style home in a quiet beach town cul-de-sac. Offers main floor living with wide plank pine floors, a fully fenced backyard, and a brand-new shed. Cozy rustic interior with plenty of character. Just minutes from the beach and local amenities.

    Michele Hallmark Coldwell Banker Professional Group - Newport

    Section Image
  • 123 NE 2nd St, Newport, OR 97365

    $375,000

    • 3 Beds
    • 1 Bath
    • 1,474 Sq Ft
    • 123 NE 2nd St
    • Newport, OR

    Seize this incredible opportunity to own a property w/ ample BOAT STORAGE in the heart of Newport — home to one of the largest & most productive fishing fleets on the West Coast! Whether you're a boating enthusiast, an outdoor adventurer, or looking for the perfect investment, this property offers it all. The garage is an impressive 30 feet deep w/ high ceilings — perfect for your boat & all your

    Amanda Graves Kiwanda Coastal Properties

    Section Image
  • 654 NW Nye St, Newport, OR 97365

    $450,000

    • 3 Beds
    • 1 Bath
    • 1,385 Sq Ft
    • 654 NW Nye St
    • Newport, OR

    Tucked away on a double lot in the heart of Newport, this charming beach cottage offers a private, garden-like retreat just minutes from it all. Surrounded by mature fruit trees, the property provides a peaceful setting full of natural beauty and coastal charm. Inside, you'll find hardwood floors, a box beam ceiling in the living room, granite countertops in the eat-in kitchen, and an efficient

    Victoria Strauss Martek Real Estate

    Section Image
  • 665 NW Nye St, Newport, OR 97365

    $529,000

    • 3 Beds
    • 2 Baths
    • 1,532 Sq Ft
    • 665 NW Nye St
    • Newport, OR

    Get yourself a dreamy coastal home just a short walk from the beach! This light and bright, beautifully updated home is located in a quaint neighborhood with an easy, low-maintenance yard; perfect for entertaining. Open and spacious with 3 bedrooms, 2 baths and an upper bonus room that could be a 4th bedroom. Excellent kitchen for cooking and entertaining with quartz countertops, ample cabinets

    Freeman Corbin Hybrid Real Estate

    Section Image
  • 433 NW Hurbert St, Newport, OR 97365

    $499,900

    • 3 Beds
    • 2 Baths
    • 1,020 Sq Ft
    • 433 NW Hurbert St
    • Newport, OR

    Amazing opportunity to own a home with an Additional unit in Beautiful Nye Beach. Walk to the Pacific Ocean, crab in the bay, enjoy great shopping and restaurants all within walking distance. This home will have you enjoying all of the best things Newport has to offer. Home includes 2 units: a 784 sq ft house and a cute 256 sq ft ADU. Live in one and use the other for a family member or guests.

    Lila Timmons NEXTHOME PICKET FENCE REALTY

    Section Image
  • 313 NW 16th St, Newport, OR 97365

    $364,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 313 NW 16th St
    • Newport, OR

    Great home close to everything! Take your pick -- a day at the beach, shopping and dining in Nye Beach, or more adventures just a little further away. This three bed one bath cozy home is located just north of the Nye Beach district and four blocks east of the beach. Enjoy original hardwood floors throughout the living room and two bedrooms. The furnace was recently replaced, keeping the house

    Chantelle Charpentier Martek Real Estate

    Section Image
  • 449 SW 10th St, Newport, OR 97365

    $459,000

    • 2 Beds
    • 1 Bath
    • 1,144 Sq Ft
    • 449 SW 10th St
    • Newport, OR

    What a unique FIND located in the Bayfront District of Newport, Oregon. This remodeled 2 bedroom, 1 bath, 1144 sq. ft cottage is ready for the next owner. New Electrical, Plumbing, floors, paint and more! Enjoy the southern exposure while taking in the view of the South Beach Harbor, the boats and the Yaquina Bay Bridge. New concrete walkway with wood railing. Subway tile backsplash. Double

    Brodie Becksted Equity Plus Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $900,000 Western Title
Warranty Deed $902,500 Western Title
Warranty Deed $902,500 Western Title
Warranty Deed $440,000 Western Title & Escrow
Warranty Deed $388,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Previous Owner $200,000 Balloon
Previous Owner $393,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $308,000 New Conventional
Previous Owner $310,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $900,000 -2.7% $308 / Sq Ft
07/19/2024 07/19/24 Price Changed $925,000 -0.5% $316 / Sq Ft
06/27/2024 06/27/24 For Sale $930,000 +3.0% $318 / Sq Ft
05/27/2022 05/27/22 Sold $902,500 +6.2% $309 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $850,000 +93.2% $291 / Sq Ft
07/28/2015 07/28/15 Sold $440,000 -4.1% $150 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $459,000 -- $157 / 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 $8,437 $467,560 -- --
2023 $8,238 $453,950 $0 $0
2022 $7,984 $440,730 $0 $0
2021 $7,846 $427,900 $0 $0
2020 $7,660 $415,440 $0 $0
2019 $7,332 $403,340 $0 $0
2018 $7,107 $391,600 $0 $0
2017 $7,043 $380,200 $0 $0
2016 $6,894 $369,130 $0 $0
2015 $6,391 $358,380 $0 $0
2014 $6,248 $347,950 $0 $0
2013 -- $337,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 15-783

APN: R255456