$315,000
SOLD AUG 19, 2025
3 Beds
1 Bath
995 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$317 Per Sq Ft

3% Below List Price

55 Days on Market

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 2025

Investor 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

Samantha McClain

Realty One Group At The Beach, Newport License #201235872 Listed on: 05/27/2025

Realty One Group At The Beach, Newport

Co-Listed By

Gina Bebek

Realty One Group At The Beach, Newport License #971000169

Realty One Group At The Beach, Newport

Last Buyer's Agent

Gina Bebek

Realty One Group At The Beach, Newport License #971000169

Realty One Group At The Beach, Newport

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 50' x 125'
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Co List Office Mls Id: R1G
  • Co List Office Phone: 503-990-7137
  • Subdivision Name: N/A
  • Directions: From HWY 101 heading North turn west onto 2nd street, turn right onto NW Brook st and property is on the left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1915
  • Road Surface Type: Paved
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Treatments
  • Window Features: Window Treatments

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: None
  • Roof: Composition
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached Garage, RV Access/Parking
  • Parking Features: Detached Garage, RV Access/Parking

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available, Water Connected
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available, Water Connected
  • Water Source: Public
  • Heating: Baseboard, Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel #: 111108BB-24900-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2229.53
  • Tax Lot: 24900
  • Tax Map Number: 111108BB
  • Tax Year: 2024

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
$351,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,549
Avg. Annual Appreciation
28.34%
Original Mortgage
$220,500
Outstanding Balance
$220,307
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$131,242

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $315,000 Western Title
Warranty Deed $120,000 Fidelity Natl Ttl Co Of Or
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,500 New Conventional
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 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
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

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-103890

Oregon Coast Multiple Listing Service

APN: R281863