NOT LISTED FOR SALE

1120 NW Spring St Unit B Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $519,000 - $674,000

3 Beds
2 Baths
1,571 Sq Ft
$400/mo HOA Fee

Last Sold November 25, 2020

Last sale price $386,500 $246 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,077/month

10 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Living Room
  • Deck
  • 1 Car Attached Garage
  • Zoned Cooling

About This Home

As of November 2020

Great top floor unit includes 3 bedrooms, 2 baths, an ocean view, an elevator on site (elevator used by the entire complex), a garage, a storage shed, partially furnished, granite counter tops, open living, and a balcony. Only 1 block to the beach!! Make this your Full time, Vacation get-away or Rental.

Last Agent to Sell the Property

Nadine Hankins

Coldwell Banker Professional Group - Lincoln City License #201007056 Listed on: 10/03/2020

Co-Listed By

Dusty Hankins

Coldwell Banker Professional Group - Lincoln City License #201225441

Last Buyer's Agent

Ashley Kennedy

Coldwell Banker Professional Group - Lincoln City License #201234803

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 2007

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Deck

Listing and Financial Details

  • Tax Lot 70002
  • Assessor Parcel Number 111105CB-70002-00

Community Details

Overview

  • Association fees include trash, insurance
  • Lee Hardy Yaquina Association, Phone Number (541) 265-3537
  • Secondary HOA Phone (541) 265-3537
  • Spring Street Oceanview Condominiums Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,399

Year Built

Built in 2007

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: Spring Street Oceanview Condominiums
  • Directions: Hwy 101 then west on NW 11th, right on Spring St to address. Park in back and take elevator to top Floor.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2007
  • 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
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 70002
  • General Property Description:Total Bedrooms: 3
  • 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
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

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: 400.0
  • Association Fee Frequency: Monthly
  • Phone: 541-265-3537
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Lee Hardy-Yaquina
  • CondoAssociation:Assoc Contact Phone: 541-265-3537

Fee Information

  • Association Fee Includes: Trash, Insurance

Lot Info

  • Parcel #: 111105CB-70002-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 3398.75
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Nov 24, 2020
Sold by
Joseph Kevin and Joseph Brandon
Bought by
Updike John R and Updike Katherine E
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Ashley Kennedy
Coldwell Banker Professional Group - Lincoln City
List Price
$389,000
Sold Price
$386,500
Premium/Discount to List
-$2,500
-0.64%
Current Estimated Value
$598,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,019
Avg. Annual Appreciation
9.80%
Original Mortgage
$309,200
Outstanding Balance
$278,884
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$318,636

Purchase Details

Closed on
Jan 2, 2009
Sold by
Equs Lending Llc
Bought by
Joseph Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Updike John R $386,500 Western Title & Escrow
Joseph Kathleen B $280,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Updike John R $309,200
Previous Owner Joseph Kathleen B $81,250
Previous Owner Joseph Kathleen B $154,400
Previous Owner Joseph Kathleen B $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $386,500 -0.6% $246 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $389,000 -- $248 / 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 $4,464 $247,380 -- $247,380
2023 $4,359 $240,180 $0 $0
2022 $4,225 $233,190 $0 $0
2021 $4,152 $226,400 $0 $0
2020 $4,053 $219,810 $0 $0
2019 $3,399 $186,970 $0 $0
2018 $3,294 $181,530 $0 $0
2017 $3,265 $176,250 $0 $0
2016 $3,196 $171,130 $0 $0
2015 $2,963 $166,150 $0 $0
2014 $2,896 $161,310 $0 $0
2013 -- $156,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nadine Hankins

    Coldwell Banker Professional Group - Lincoln City

  • D

    Seller Co-Listing Agent in 2020

    Dusty Hankins

    Coldwell Banker Professional Group - Lincoln City

  • A

    Buyer's Agent in 2020

    Ashley Kennedy

    Coldwell Banker Professional Group - Lincoln City

See All Agents

Map

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

MLS Number: 20-1136

APN: R523822

Oregon Lincoln County Newport 97365 Nye Beach

1120 NW Spring St Unit B, Newport, OR

This home is located at 1120 NW Spring St Unit B, Newport, OR 97365 since 03 October 2020 and is currently estimated at $592,965, approximately $377 per square foot. This property was built in 2007. 1120 NW Spring St Unit B is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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