NOT LISTED FOR SALE

1212 SW Lee St Unit 8 Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $357,000 - $463,000

2 Beds
1 Bath
852 Sq Ft
$500/mo HOA Fee

Last Sold January 20, 2023

Last sale price $335,000 $393 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,830/month

21 Days on Market

Highlights

  • Bay View
  • Living Room
  • Tile Flooring
  • Deck
  • Shed
  • 1-Story Property

About This Home

As of January 2023

You will FALL IN LOVE the minute you see this view! Bay Knoll condo, main level entry tucked away on a quiet street with dramatic views of the bay & bridge. Watch the activity in the harbor during the day and the lights on the bridge and waterfront at night. This is the perfect place for viewing the 4th of July Fireworks and there is an outside common area where owners and friends gather to watch the festivities and celebrate. The condo features new bamboo flooring, water heater, newer refrigerator, built in Murphy Bed, wood burning fireplace, a storage shed, private deck. Modest HOA fees include: exterior maintenance, water/sewer, garbage, landscape, building pest control, insurance & Window Washing! This is a condo where you just MOVE-IN and start enjoying life at the beach!

Last Agent to Sell the Property

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 12/16/2022

Co-Listed By

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063

Last Buyer's Agent

Rick Sams

Sams Realty License #201223190

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1968

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Bay
  • Bridge

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 90008
  • Assessor Parcel Number 111108AC-90008-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Pati Roberts Association
  • Bay Knoll Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,789

Year Built

Built in 1968

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: Bay Knoll Condo
  • Directions: From Highway 101, Turn East on SW Lee St, and continue go down the hill then turn right into the complex, park immediately on the left, which is for guest parking
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1968
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Bridge
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90008
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Roof:Membrane: Yes
  • Siding:ShingleShake: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Phone: 505-350-992
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Pati Roberts
  • CondoAssociation:Assoc Contact Phone: 505-350-992
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

  • Association Fee Includes: Trash, Sewer, Insurance, Water

Lot Info

  • Parcel #: 111108AC-90008-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2788.7
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jan 18, 2023
Sold by
Chapin Christina
Bought by
Duval Luther Thomas and Duval Elise Luther
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Rick Sams
Sams Realty
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Current Estimated Value
$379,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,844
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Ewell James A and Ewell Joy C
Bought by
Leuthauser James and Chapin Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Duval Luther Thomas $355,000 Western Title
Leuthauser James $152,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leuthauser James $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $335,000 -8.2% $393 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $365,000 -- $428 / 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 $2,998 $166,160 -- $166,160
2023 $2,928 $161,330 $0 $0
2022 $2,838 $156,640 $0 $0
2021 $2,789 $152,080 $0 $0
2020 $2,723 $147,660 $0 $0
2019 $2,606 $143,360 $0 $0
2018 $2,526 $139,190 $0 $0
2017 $2,504 $135,140 $0 $0
2016 $2,451 $131,210 $0 $0
2015 $2,272 $127,390 $0 $0
2014 $2,221 $123,680 $0 $0
2013 -- $120,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    17 in this area

    180 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    15 in this area

    141 Total Sales

    Section Image
  • Rick Sams

    Buyer's Agent in 2023

    Rick Sams

    Sams Realty

    (541) 948-2311

    1 in this area

    63 Total Sales

    Section Image
  • Abbie Kephart Sams

    Buyer Co-Listing Agent in 2023

    Abbie Kephart Sams

    Sams Realty

    (503) 812-2025

    1 in this area

    56 Total Sales

    Section Image
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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 22-2466

APN: R75918

Oregon Lincoln County Newport 97365 Bayfront

1212 SW Lee St Unit 8, Newport, OR

This home is located at 1212 SW Lee St Unit 8, Newport, OR 97365 since 16 December 2022 and is currently estimated at $404,423, approximately $474 per square foot. This property was built in 1968. 1212 SW Lee St Unit 8 is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

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