NOT LISTED FOR SALE

Estimated Value: $237,000 - $346,623

1 Bed
1 Bath
661 Sq Ft
$428/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $255,000 $386 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,729/month

5 Days on Market

Highlights

  • No HOA
  • Living Room
  • Baseboard Heating
  • 1 Car Detached Garage
  • Dining Room
  • 3-minute walk to Mombetsu sister city park

About This Home

As of September 2024

Amazing opportunity to own a piece of Nye Beach charm with this one bedroom, one bath 1938 beach cabin, ideally located just three blocks from the ocean.Huge potential to renovate and refresh to create your own coastal getaway in one of Newport's most sought-after neighborhoods. Offering easy access to beachside activities, parks and the bustling local scene of shops and eateries, this property is an exceptional value. Capitalize on this chance to transform this cozy cabin into your own coastal retreat.

Last Agent to Sell the Property

Mable Bartlett

Oregon First License #201223538 Listed on: 07/31/2024

Oregon First

Last Buyer's Agent

Luba Mulyar

eXp Realty, LLC License #200304187

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 661 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Sam Case Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R262950

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1938
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Sam Case
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0
  • Parcel #: R262950

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1904.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 6, 2024
Sold by
Walls Family Revocable Trust and Walls Nicolette
Bought by
Garboden Alma
Seller's Agent
Mable Bartlett
Oregon First
Buyer's Agent
Luba Mulyar
eXp Realty, LLC
List Price
$185,000
Sold Price
$255,000
Premium/Discount to List
$70,000
37.84%
Views
41
Current Estimated Value
$282,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,656
Avg. Annual Appreciation
12.72%
Original Mortgage
$191,250
Outstanding Balance
$190,085
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$92,571

Purchase Details

Closed on
Oct 10, 2017
Sold by
Walls Rose A
Bought by
Walls Rose A and Walls Family Revocable Trust
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
Garboden Alma $255,000 None Listed On Document
Walls Rose A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garboden Alma $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $255,000 +37.8% $386 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $185,000 -- $280 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,950 $108,060 -- --
2023 $1,904 $104,920 $0 $0
2022 $1,846 $101,870 $0 $0
2021 $1,814 $98,910 $0 $0
2020 $1,771 $96,030 $0 $0
2019 $1,695 $93,240 $0 $0
2018 $1,643 $90,530 $0 $0
2017 $1,628 $87,900 $0 $0
2016 $1,594 $85,340 $0 $0
2015 $1,478 $82,860 $0 $0
2014 $1,445 $80,450 $0 $0
2013 -- $78,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24210899

Regional Multiple Listing Service (RMLS)

APN: R262950