1040 NE 7th Dr Newport, OR 97365
3
Beds
3
Baths
2,924
Sq Ft
0.28
Acres
Highlights
- Ocean View
- Vaulted Ceiling
- Wood Flooring
- Deck
- Traditional Architecture
- No HOA
About This Home
As of September 2024Perfectly maintained OCEAN VIEW home. Relax in the large second floor family room equipped w/ a wet bar, gas fireplace and huge 2nd story deck. Property features a new roof, hardwood floors, spacious gourmet kitchen with w/ gas appliances. Expansive wrap-around porch, terraced backyard perfect for indoor/outdoor entertaining! Ample storage throughout, walk-in closets in all bedrooms, large attic. Amenities include surround sound, security system, smart-lock technology, a massive two-car garage, exterior shop perfect for a home office or gym, mature landscaping. This ocean view haven is not just a home - it's a lifestyle.
Last Agent to Sell the Property
Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201253368 Listed on: 06/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,238
Year Built
- Built in 1997
Lot Details
- 0.28 Acre Lot
- Irregular Lot
- Property is zoned R-1 Residential, Single
Parking
- Attached Garage
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
- Cedar Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,924 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Window Treatments
- Den
- Ocean Views
- Security System Owned
Kitchen
- <<microwave>>
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Covered patio or porch
- Shop
Utilities
- Forced Air Cooling System
- Electricity To Lot Line
- Gas Water Heater
Community Details
- No Home Owners Association
- Candletree Park Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Tax Lot 5400
- Assessor Parcel Number 111104CC-5400-00
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
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
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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
Average Home Value in this Area
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
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
-
Elise Jordan
Seller's Agent in 2024
Elise Jordan
Advantage Real Estate
(541) 961-9285
12 Total Sales
-
Karla Kuhlenbeck
Buyer's Agent in 2024
Karla Kuhlenbeck
Windermere West Coast Properties
(541) 270-2965
33 Total Sales
-
Brodie Becksted
Seller's Agent in 2022
Brodie Becksted
Equity Plus Real Estate
(541) 270-2484
225 Total Sales
-
H
Seller Co-Listing Agent in 2022
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
-
L
Buyer's Agent in 2022
Lila Timmons
Next Home Picket Fence Realty
-
M
Seller's Agent in 2015
Michael Kessinger
Emerald Coast Realty - Seal Rock
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 24-1413
APN: R255456
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