NOT LISTED FOR SALE

1120 NW Spring St Unit H Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $452,000 - $554,000

2 Beds
2 Baths
1,389 Sq Ft
$400/mo HOA Fee

Last Sold December 16, 2019

Last sale price $285,000 $205 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,363/month

16 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Living Room
  • Deck
  • 1 Car Attached Garage
  • 4-minute walk to Newport Skate Park

About This Home

As of December 2019

SINGLE LEVEL LUXURY condominium with ELEVATOR near Newport's NYE BEACH district! Wonderful WHITE WATER OCEAN VIEWS and the perfect location! Easy walk to BEACH ACCESS--multiple beach trails as well as drive-up access for people with limited mobility. Central to Newport and a just a few blocks to the restaurants and shops in Nye Beach! END UNIT features high end finishes throughout, GAS FIREPLACE, OPEN CONCEPT kitchen/living/dining areas with OCEAN VIEWS! Kitchen with GRANITE COUNTERS, STAINLESS APPLIANCES, PANTRY, island, and plenty of cabinets. Step out onto the large COVERED DECK to hear the crashing waves. Huge MASTER BEDROOM has walk-in closet and bath. Unit includes SINGLE CAR GARAGE, COVERED PARKING SPACE. This condo has it all! Come see it today!

Last Agent to Sell the Property

Brodie Becksted

Equity Plus Real Estate License #200302191 Listed on: 10/07/2019

Co-Listed By

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892

Last Buyer's Agent

Vickie Phillips

Martek Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 2007

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 111105CB-70008-00

Community Details

Overview

  • Spring Street Oceanview Condominiums Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,102

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
  • Inclusions: Partial furnishings
  • Subdivision Name: Spring Street Oceanview Condominiums
  • Directions: From Hwy 101 in Newport, west on NW 12th, south on NW Spring St to property on left. Park on street.
  • 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: Ocean
  • Location Tax and Other Information:Tax Lot: 70008
  • 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
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • Internal Features:Water Heater: Gas
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Handicap Features:Level Entry: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • 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
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: 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
  • Association Fee Inclusions:Other11: Elevator
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 111105CB-70008-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 3102.29
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Zavacki Nancy Ann and Mackey Justin R
Bought by
Zavacki Nancy Ann and Mackey Justin R
Current Estimated Value
$501,095

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 11, 2019
Sold by
Marko Lynn F and Marko Family Trust
Bought by
Zavacki Nancy A and Mackey Justin R
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Vickie Phillips
Martek Real Estate
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$228,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Marko Kenneth A and Marko Lynn F
Bought by
Marko Family Trust

Purchase Details

Closed on
May 18, 2015
Sold by
Marko Katharine M
Bought by
Marko Kenneth and Marko Lynn

Purchase Details

Closed on
Oct 29, 2009
Sold by
Equs Lending Llc
Bought by
Marko Katharine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2005
Sold by
Garbarino Tony A and Garbarino Laurie D
Bought by
Amick Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.77%
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
Zavacki Nancy Ann -- None Listed On Document
Zavacki Nancy A $285,000 Western Title & Escrow
Marko Family Trust -- None Available
Marko Kenneth $237,309 First American Title Ins Co
Marko Katharine M $230,000 First American Title Ins Co
Amick Robert E $235,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zavacki Nancy A $228,000
Previous Owner Marko Katharine M $172,500
Previous Owner Amick Robert E $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $285,000 -1.7% $205 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $290,000 -- $209 / 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: 19-2576

APN: R523832