NOT LISTED FOR SALE

1120 NW Spring St Unit F Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $520,000 - $661,000

2 Beds
2 Baths
1,571 Sq Ft
$500/mo HOA Fee

Last Sold September 08, 2022

Last sale price $549,000 $349 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,875/month

7 Days on Market

Highlights

  • Ocean View
  • Den
  • Forced Air Cooling System
  • Deck
  • 1 Car Attached Garage
  • Living Room

About This Home

As of September 2022

Beautiful Condo in popular Nye Beach area with gorgeous ocean and lighthouse view. Two bedrooms and a den/office, two full bathrooms with in-unit laundry. Granite countertops and stainless-steel appliances in the kitchen with recently remodeled deck and new gas fireplace. Conveniently located near beach access, shopping, and restaurants. There is also a storage unit included, along with an insulated one-car garage. Come see this one before it's gone!

Last Agent to Sell the Property

Sean Corbett

Taylor & Taylor Realty Company License #201232567 Listed on: 07/28/2022

Last Buyer's Agent

Samantha Wright

Coldwell Banker Professional Group - Lincoln City License #201235012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 2007

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Den
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 70006
  • Assessor Parcel Number 111105CB-70006-00

Community Details

Overview

  • Association fees include insurance
  • Spring Street Oceanv 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

$3,425

Year Built

Built in 2007

Lot Details

0

HOA Fees

$500 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 to NW 11th to NW Spring St
  • 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: 70006
  • 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
  • Foundation:Concrete Perimeter: 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
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Phone: 541-265-3537
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: 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
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Spring Street Oceanv
  • CondoAssociation:Assoc Contact Phone: 541-265-3537

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 111105CB-70006-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 3425.17
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 8, 2022
Sold by
Barbra Foth
Bought by
Hibbard Family 2001 Trust
Seller's Agent
Sean Corbett
Taylor & Taylor Realty Company
Buyer's Agent
Samantha Wright
Coldwell Banker Professional Group - Lincoln City
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$555,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,607
Avg. Annual Appreciation
0.14%

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 24, 2017
Sold by
Jack Frederick W
Bought by
Foth Barbra
Seller's Agent
Jana Westhusing
Martek Real Estate
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$244,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Equs Lending Llc
Bought by
Jack Fred W and Jack Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.92%
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
Hibbard Family 2001 Trust $549,000 --
Foth Barbra $305,000 Western Title & Escrow
Jack Fred W $235,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foth Barbra $244,000
Previous Owner Foth Barbra $244,000
Previous Owner Jack Fred W $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $549,000 0.0% $349 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $549,000 +80.0% $349 / Sq Ft
04/28/2017 04/28/17 Sold $305,000 -3.2% $194 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $315,000 -- $201 / 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 $3,683 $204,100 -- $204,100
2023 $3,596 $198,160 $0 $0
2022 $3,485 $192,390 $0 $0
2021 $3,425 $186,790 $0 $0
2020 $3,344 $181,350 $0 $0
2019 $3,201 $176,070 $0 $0
2018 $3,102 $170,950 $0 $0
2017 $3,075 $165,980 $0 $0
2016 $3,010 $161,150 $0 $0
2015 $2,790 $156,460 $0 $0
2014 $2,728 $151,910 $0 $0
2013 -- $147,490 $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: 22-1608

APN: R523830