$269,000
SOLD AUG 10, 2023
-- Bed
1 Bath
256 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$1,051 Per Sq Ft

57% Below List Price

5 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Living Room

About This Home

As of August 2023

Truly Exceptional Views from inside and out of this charming old cottage. Sunrises over Yaquina Bay at private dead end street. Almost 180 degrees of awe-inspiring features to daydream with. Bayfront, boat moorages of both commercial docks and sport docks, South Beach and Hatfield Marine Science Center, NOAA ships, Newport's historic bridge, and Coastal Range mountains all in clear view! Plumbing and electricity hooked-up and on site. Give this coastal getaway a new life, or tear-down and build your dream home. Cracked foundation has settled with hill over the years. House is partially gutted, and bare on the inside. Most value is in lot/land. Lot has been expanded 10.9 feet to the West to allow more set-back for potential new build. More photos to come.

Last Agent to Sell the Property

Drew Rasmussen

Coldwell Banker Professional Group - Newport License #201237517 Listed on: 07/20/2023

Coldwell Banker Professional Group - Newport

Last Buyer's Agent

Alisha Smith

Coldwell Banker Professional Group - Lincoln City License #201241702

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-3 Residential

Property Views

  • Bay
  • Bridge

Home Design

  • Traditional Architecture
  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Bathroom
  • 256 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • No Heating
  • Electricity To Lot Line
  • Natural Gas Not Available

Community Details

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

Listing and Financial Details

  • Tax Lot 6400
  • Assessor Parcel Number 111108CA-6400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,351

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Gravel
  • Subdivision Name: Bayley and Case's
  • Directions: From Hwy 101, turn East on SW Abbey St. After SW 10th St, take Left at the fork to stay on SW Abbey. Drive up hill to dead end. Find house ahead on left side, overlooking Yaquina Bay.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1930
  • 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:Lot SqFt: 5282
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 6400
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Gas:None6: Yes
  • HeatingCooling:No - Heat: Yes
  • Flooring:Wood3: Yes
  • Siding:Wood: Yes
  • Roof:Membrane: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Water On Property: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Water Source: On Property, Public
  • HeatingCooling:No - Cooling: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108CA-6400-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 2350.79
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 2, 2023
Sold by
Butcher Stephen Aaron
Bought by
Bates Bryan Lang
Seller's Agent
Drew Rasmussen
Coldwell Banker Professional Group - Newport
Buyer's Agent
Alisha Smith
Coldwell Banker Professional Group - Lincoln City
List Price
$629,000
Sold Price
$269,000
Premium/Discount to List
-$360,000
-57.23%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 2, 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
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%

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

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Range of Values:

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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 $269,000 Western Title
Warranty Deed $200,000 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $425,000 +58.0% $1,660 / Sq Ft
08/10/2023 08/10/23 Sold $269,000 -57.2% $1,051 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $629,000 +214.5% $2,457 / Sq Ft
09/07/2021 09/07/21 Sold $200,000 -23.1% $781 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $260,000 -- $1,016 / 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 $2,363 $130,950 -- --
2023 $1,871 $103,080 $0 $0
2022 $2,351 $129,760 $0 $0
2021 $2,310 $125,990 $0 $0
2020 $2,256 $122,330 $0 $0
2019 $2,159 $118,770 $0 $0
2018 $2,093 $115,320 $0 $0
2017 $2,074 $111,970 $0 $0
2016 $2,030 $108,710 $0 $0
2015 $1,882 $105,550 $0 $0
2014 $1,840 $102,480 $0 $0
2013 -- $99,500 $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: 23-1427

APN: R456485