NOT LISTED FOR SALE

1120 NW Spring St Unit A Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $528,000 - $692,000

2 Beds
2 Baths
1,389 Sq Ft
$300/mo HOA Fee

Last Sold September 12, 2018

Last sale price $328,075 $236 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,936/month

23 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Furnished
  • Patio

About This Home

As of September 2018

Fantastic Nye Beach panoramic ocean and lighthouse condo. Elevator leads to third story condo has a wonderful layout and all living on one level. Developers end unit with the best views from every room. Huge master bedroom with walk-in closet and full bath, granite counter tops, jetted tub and step in shower. Second bedroom also has fantastic views. Large open concept living room with fantastic views, hardwood floors and gas fireplace and Balcony with coastline and lighthouse views. Kitchen is modern with granite counter tops, high-end cabnitry, pantry, Stainless appliances and lots of counter top space on center island. Two car tandem garage, elevator, stackable washer/dryer and great parking and just a short walk to Nye Beach shopping, entertainment and long beach to walk on. Furnished This condo has Just been Set up for a Vacation Rental with Vacasa and comes fully Furnished. It's in Very good condition and very move in ready. Layout is fantastic for full time living or vacation use. Really nice and a great price.

Last Agent to Sell the Property

Audra Powell

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 07/04/2018

Last Buyer's Agent

K. Kier

Advantage Real Estate License #910500212

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 2007

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Siding
  • Concrete Siding

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Patio

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number R40079

Community Details

Overview

  • Association fees include trash, insurance
  • Lee Hardy Yaquina Ba Association
  • Spring Block Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,428

Year Built

Built in 2007

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Inclusions: Furniture, all
  • Subdivision Name: Spring Block
  • Directions: Hwy 101. West on NW 11th Street. Right on Spring Street to address
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2007
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 70001
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 0
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Patio: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Handicap Features:Level Entry: Yes
  • Alternate Heat:Gas Fireplace Insert: Yes
  • Utilities:Sewer2: City
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Miscellaneous Possession: COE
  • External Features:Roof: Composition
  • External Features:Siding: Hardi Plank
  • External Features:DeckPatio: Patio
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Other11: Special Assessment $20,000 Paid
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Lee Hardy-Yaquina Ba
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

  • Association Fee Includes: Other, Trash, Insurance

Lot Info

  • Parcel #: R40079
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 4428.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Sep 6, 2018
Sold by
Schneider Terry L and Schneider Diane M
Bought by
Joos Hunter
Seller's Agent
Audra Powell
Advantage Real Estate
Buyer's Agent
K. Kier
Advantage Real Estate
List Price
$325,000
Sold Price
$328,075
Premium/Discount to List
$3,075
0.95%
Current Estimated Value
$578,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,353
Avg. Annual Appreciation
8.82%
Original Mortgage
$260,075
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Equs Lending Llc
Bought by
Schneider Terry L and Schneider Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 2007
Sold by
Bills Quality Construction
Bought by
Kycour Inc

Purchase Details

Closed on
Apr 14, 2006
Sold by
Thomas Gordon Gene and Thomas Patricia
Bought by
Bills Quality Construction Inc
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
Joos Hunter $330,075 Western Title & Escrow
Schneider Terry L $310,000 First American Title Ins Co
Kycour Inc -- None Available
Bills Quality Construction Inc $140,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joos Hunter $260,200
Closed Joos Hunter $260,075
Previous Owner Schneider Terry L $125,000
Previous Owner Schneider Terry L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $328,075 +0.9% $236 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $325,000 -- $234 / 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 $5,304 $293,960 -- $293,960
2023 $5,179 $285,400 $0 $0
2022 $5,020 $277,090 $0 $0
2021 $4,933 $269,020 $0 $0
2020 $4,816 $261,190 $0 $0
2019 $4,610 $253,590 $0 $0
2018 $4,468 $246,210 $0 $0
2017 $4,428 $239,040 $0 $0
2016 $4,334 $232,080 $0 $0
2015 $4,019 $225,330 $0 $0
2014 $3,928 $218,770 $0 $0
2013 -- $212,400 $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: 18-1830

APN: R40079