NOT LISTED FOR SALE

1205 SW Abbey St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $453,000 - $613,000

2 Beds
2 Baths
1,116 Sq Ft
$475/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $542,500 $486 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,139/month

191 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Shed
  • Wood Flooring
  • Living Room
  • Dining Room

About This Home

As of January 2024

Timeless home sits on wooded property with impressive views of the docks, marinas, bridge, and coastal mountains of Yaquina Bay. Listen to the sea lions in the bay from your front stoop. Enjoy privacy and peace on this cozy dead-end street. Home nestled in the trees, boasts sliding glass doors to new deck, newer siding and windows, updated bathrooms with ceramic floors, interior paint, and new vinyl flooring throughout main level. Natural landscape is beautiful but low-maintenance with granite rock and park-like setting. Kitchen has been remodeled with granite countertops, stainless appliances, and ceramic tile flooring as well. Partial basement provides utility room and ample storage. Updated throughout! Furnishings negotiable.

Last Agent to Sell the Property

Drew Rasmussen

Coldwell Banker Professional Group - Newport License #201237517 Listed on: 08/31/2023

Coldwell Banker Professional Group - Newport

Last Buyer's Agent

Katherine Kier

Advantage Real Estate License #910500212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 78x75
  • Property is zoned R-3 Residential

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,116 Sq Ft Home
  • Furniture Can Be Negotiated
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Bayley And Case's Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111108CA-6300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,713

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 78x75
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Gravel
  • Subdivision Name: Bayley and Case's
  • Directions: From HWY 101, turn East onto SW Abbey St. Continue on and stay Left at the Fork. Home on the top of the hill, on left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl, Wood

Exterior Features

  • Waterfront: No
  • Construction Type: Concrete
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108CA-6300-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 2712.78
  • Tax Lot: 6300
  • Tax Map Number: 111108CA
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Dec 27, 2023
Sold by
Butcher Stephen Aaron
Bought by
Kennerley William L and Barlow Dawn R
Seller's Agent
Drew Rasmussen
Coldwell Banker Professional Group - Newport
Buyer's Agent
Katherine Kier
Advantage Real Estate
List Price
$859,000
Sold Price
$542,500
Premium/Discount to List
-$316,500
-36.85%
Views
264
Current Estimated Value
$530,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,279
Avg. Annual Appreciation
-1.17%
Original Mortgage
$372,500
Outstanding Balance
$365,407
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$164,814

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 7, 2021
Sold by
Burdett John David and John Burdett Revocable Living
Bought by
Butcher Stephen Aaron
Seller's Agent
Steve Lovas
Martek Real Estate
Buyer's Agent
Alexandra Underhill
Martek Real Estate
List Price
$275,000
Sold Price
$277,500
Premium/Discount to List
$2,500
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.03%

Purchase Details

Closed on
Aug 7, 2006
Sold by
Burdett John D
Bought by
Burdett John David and John David Burdett Revocable Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kennerley William L $542,500 Western Title
Butcher Stephen Aaron $277,500 Western Title & Escrow
Burdett John David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennerley William L $372,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $542,500 -5.6% $486 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $574,900 -2.5% $515 / Sq Ft
09/20/2023 09/20/23 Price Changed $589,900 -31.3% $529 / Sq Ft
06/02/2023 06/02/23 For Sale $859,000 +209.5% $770 / Sq Ft
12/07/2021 12/07/21 Sold $277,500 +0.9% $290 / Sq Ft View Prior Sale
08/19/2021 08/19/21 For Sale $275,000 -- $288 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
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 $4,221 $235,900 -- --
2024 $4,133 $229,030 -- --
2023 $3,262 $179,760 $0 $0
2022 $2,713 $149,740 $0 $0
2021 $2,666 $145,380 $0 $0
2020 $2,603 $141,150 $0 $0
2019 $2,491 $137,040 $0 $0
2018 $2,415 $133,050 $0 $0
2017 $2,393 $129,180 $0 $0
2016 $2,342 $125,420 $0 $0
2015 $2,188 $122,690 $0 $0
2014 $2,114 $117,720 $0 $0
2013 -- $118,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Drew Rasmussen

    Coldwell Banker Professional Group - Newport

    5 in this area

    22 Total Sales

    Drew Rasmussen
    Section Image

  • K

    Buyer's Agent in 2024

    Katherine Kier

    Advantage Real Estate

  • S

    Seller's Agent in 2021

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    17 in this area

    134 Total Sales

    Steve Lovas
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    17 in this area

    163 Total Sales

    Sonja Lovas
    Section Image

  • A

    Buyer's Agent in 2021

    Alexandra Underhill

    Martek Real Estate

    (541) 961-5390

    5 in this area

    76 Total Sales

    Alexandra Underhill
    Section Image
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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-98893

Oregon Coast Multiple Listing Service

APN: R454075

Oregon Lincoln County Newport 97365 Bayfront

1205 SW Abbey St, Newport, OR

Not Listed for Sale

Detached

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