Seller's Agent in 2025
Samantha McClain
Realty One Group At The Beach, Newport
(503) 318-3020
6 in this area
54 Total Sales
118 SW Brook St Newport, OR 97365
Nye Beach NeighborhoodEstimated Value: $309,000 - $422,000
3
Beds
1
Bath
995
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Water Views
- Property is near an ocean
- Wood Flooring
- RV Access or Parking
- Vaulted Ceiling
- 2-minute walk to Literacy Park
About This Home
As of August 2025Investor alert in prime Nye Beach location! Zoned R4, this 0.14-acre lot offers development potential—build a motel, lodge, clinic, office, or multi-unit housing. The current 3 bed, 1 bath home uses half the lot—develop the other half or expand upward to capture the ocean views. Enclose the unfinished basement for added living space or rebuild the detached garage for storage or ADU potential. Updated electric panel (approx. 3 years ago). Just blocks from shops, restaurants, and the beach. Ocean views from main level—stunning views possible from upper floors. Endless options in a high-demand coastal zone. This is a rare find with major upside in Newport's sought-after Nye Beach District! Buyer to confirm permitted uses, building or remodeling guidelines and restrictions, with the county.
Last Agent to Sell the Property
Realty One Group At The Beach, Newport License #201235872 Listed on: 05/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,230
Year Built
- Built in 1915
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50' x 125'
- Property is zoned R-4 Residential
Parking
- 1 Car Detached Garage
- RV Access or Parking
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 995 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Window Treatments
- Living Room
- Bonus Room
- Water Views
- Basement
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Outdoor Features
- Property is near an ocean
- Covered Patio or Porch
Utilities
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 111108BB-24900-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Aug 16, 2025
Sold by
Eleanor George N and Eleanor Nagai
Bought by
Montgomery Michael David and Montgomery Lonna Therese
Seller's Agent
Samantha McClain
Realty One Group At The Beach, Newport
Buyer's Agent
Gina Bebek
Realty One Group At The Beach, Newport
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,167
Avg. Annual Appreciation
22.83%
Original Mortgage
$220,500
Outstanding Balance
$220,307
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$133,860
Purchase Details
Closed on
May 15, 2019
Sold by
Shroyer Loris Joline and Loris Joline Shroyer Trust
Bought by
Barton George N and Nagai Eleanor
Purchase Details
Closed on
Dec 4, 2018
Sold by
Shroyer Loris J and Shroyer Jerald A
Bought by
Shroyer Loris Joline and Loris Joline Shroyer Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montgomery Michael David | $315,000 | Western Title | |
| Barton George N | $120,000 | Fidelity Natl Ttl Co Of Or | |
| Shroyer Loris Joline | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montgomery Michael David | $220,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Sold | $315,000 | -3.1% | $317 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $325,000 | -- | $327 / Sq Ft |
Source: Oregon Coast Multiple Listing Service
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 |
|---|---|---|---|---|
| 2025 | $2,277 | $127,260 | -- | -- |
| 2024 | $2,230 | $123,560 | -- | -- |
| 2023 | $2,177 | $119,970 | $0 | $0 |
| 2022 | $2,110 | $116,480 | $0 | $0 |
| 2021 | $2,074 | $113,090 | $0 | $0 |
| 2020 | $2,025 | $109,800 | $0 | $0 |
| 2019 | $1,938 | $106,610 | $0 | $0 |
| 2018 | $1,878 | $103,510 | $0 | $0 |
| 2017 | $1,862 | $100,500 | $0 | $0 |
| 2016 | $1,822 | $97,580 | $0 | $0 |
| 2015 | $1,690 | $94,740 | $0 | $0 |
| 2014 | $1,652 | $91,990 | $0 | $0 |
| 2013 | -- | $89,320 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Samantha McClain
-
Gina Bebek
Seller Co-Listing Agent in 2025
Gina Bebek
Realty One Group At The Beach, Newport
(503) 753-9071
7 in this area
103 Total Sales
Map
Source: Oregon Coast Multiple Listing Service
MLS Number: LC-103890
APN: R281863
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