1040 NW Hurbert St Newport, OR 97365
Nye Beach Neighborhood
2
Beds
2
Baths
1,500
Sq Ft
6,534
Sq Ft Lot
Highlights
- Ocean View
- Deck
- Wood Flooring
- RV Access or Parking
- Vaulted Ceiling
- 5-minute walk to Frank V Wade Field
About This Home
As of August 2024Presenting a must-see, fantastic opportunity for the right buyer! Originally constructed as a one-story ranch-style home in 1957, the owner then added an engineered and permitted steel beam structure up to the third story height, upon which a 30 x 30 home was built. Situated just two blocks from the ocean and minutes away from essential amenities such as hospital, groceries, and fuel, this property in Newport, Oregon, offers unparalleled convenience. With a breathtaking, unobstructed ocean view, a spacious lot providing front and rear access, and a generously sized garage (15 feet tall, 20 feet wide, and 30 feet deep), suitable for a motorhome, boat, workshop, and more, this home provides endless possibilities. Additionally, downstairs features a completely separate one-bedroom rental apartment, ensuring a steady stream of income. This home is waiting to be finished and transformed into someone's dream ocean view residence. Don't miss out,schedule your tour today!
Last Agent to Sell the Property
Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 08/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,458
Year Built
- Built in 1957
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 52x120
- Property is zoned R-4 Residential
Home Design
- Block Foundation
- Slab Foundation
- Composition Roof
- Shake Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ocean Views
Kitchen
- <<microwave>>
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 1 Car Attached Garage
- RV Access or Parking
Accessible Home Design
- Accessible Bathroom
- Halls are 36 inches wide or more
Outdoor Features
- Deck
Utilities
- Zoned Cooling
- Heating Available
- Electricity To Lot Line
- Natural Gas Not Available
- Tankless Water Heater
Community Details
- No Home Owners Association
- Ocean View Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 111105CA-1100-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Aug 13, 2024
Sold by
Sorensen Larry James
Bought by
Redpath Amanda Christine
Seller's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Stacey Clendenin
Realty One Group At The Beach, Newport
List Price
$515,000
Sold Price
$450,000
Premium/Discount to List
-$65,000
-12.62%
Views
9
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
$30,594
Avg. Annual Appreciation
7.58%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Western Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,000 | Credit Line Revolving | |
| Previous Owner | $45,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $450,000 | -12.6% | $300 / Sq Ft |
| 08/09/2024 08/09/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | For Sale | $515,000 | +14.4% | $343 / Sq Ft |
| 08/06/2024 08/06/24 | Off Market | $450,000 | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $515,000 | -- | $343 / 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 | $4,063 | $225,140 | -- | -- |
| 2023 | $3,458 | $190,530 | $0 | $0 |
| 2022 | $3,351 | $184,990 | $0 | $0 |
| 2021 | $3,294 | $179,610 | $0 | $0 |
| 2020 | $3,215 | $174,380 | $0 | $0 |
| 2019 | $3,078 | $169,310 | $0 | $0 |
| 2018 | $3,549 | $195,570 | $0 | $0 |
| 2017 | $2,957 | $159,600 | $0 | $0 |
| 2016 | $2,894 | $154,960 | $0 | $0 |
| 2015 | $2,683 | $150,450 | $0 | $0 |
| 2014 | $2,623 | $146,070 | $0 | $0 |
| 2013 | -- | $141,820 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Katz
Seller's Agent in 2024
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
(541) 418-3101
7 in this area
357 Total Sales
-
Stacey Clendenin
Buyer's Agent in 2024
Stacey Clendenin
Realty One Group At The Beach, Newport
(503) 539-7816
9 in this area
122 Total Sales
-
Alishia Smith
A
Buyer Co-Listing Agent in 2024
Alishia Smith
Realty One Group At The Beach, Newport
(541) 992-3241
6 in this area
74 Total Sales
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 24-904
APN: R415909
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