NOT LISTED FOR SALE

1227 NE 5th St Newport, OR 97365

Estimated Value: $559,000 - $595,233

4 Beds
2 Baths
2,112 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $386,500 $183 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,660/month

16 Days on Market

Highlights

  • Ocean View
  • Private Lot
  • 2 Fireplaces
  • Wood Burning Stove
  • Traditional Architecture
  • No HOA

About This Home

As of August 2020

Rare opportunity! This residence has two separate living spaces in one beautiful property. Ocean views in the distance, as well as a view of the city below. Upper and lower levels each have two bedrooms, as well as their own kitchens, bathrooms, living rooms and fireplaces. Each has a separate entrance and driveway. Property has a shared laundry room and quality landscaping.

Last Agent to Sell the Property

Sage Coleman

eXp Realty, LLC License #201218750 Listed on: 06/15/2020

eXp Realty, LLC

Last Buyer's Agent

Matt Moore

Elkhorn Real Estate License #200307084

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Private Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Ocean
  • City
  • Woods

Home Design

  • Traditional Architecture
  • Wood Siding
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Sam Case Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R264856

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,781

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1973
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 2
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt15000to19999
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding,T111Siding,WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Level, Private
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: City,Ocean,TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, WoodStove
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sam Case
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0
  • Parcel #: R264856

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 2800

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 4780.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 6, 2020
Sold by
Cartmill Ryan F and Cartmill Kasey
Bought by
Morelli Nathaniel and Morelli Lisa
Seller's Agent
Sage Coleman
eXp Realty, LLC
Buyer's Agent
Matt Moore
Elkhorn Real Estate
List Price
$399,000
Sold Price
$386,500
Premium/Discount to List
-$12,500
-3.13%
Current Estimated Value
$574,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,308
Avg. Annual Appreciation
8.53%
Original Mortgage
$367,175
Outstanding Balance
$329,351
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$245,457

Purchase Details

Closed on
Apr 10, 2019
Sold by
Degeorge Larry
Bought by
Cartmill Ryan F and Cartmill Kasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2014
Sold by
Lister Carol A
Bought by
Degeorge Larry

Purchase Details

Listed on
Jul 3, 2013
Closed on
Aug 26, 2013
Sold by
Lister Carol A
Bought by
Lister Carol A and Carol A Lister Trust
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
Anita Quilici
S & W REAL ESTATE
List Price
$227,900
Sold Price
$228,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Listed on
Jul 3, 2013
Closed on
Aug 2, 2013
Sold by
Federal National Mortgage Association
Bought by
Lister Carol A
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
Anita Quilici
S & W REAL ESTATE
List Price
$227,900
Sold Price
$228,000
Premium/Discount to List
$100
0.04%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Becker David D
Bought by
Federal National Mortgage Association
Source: Public Records

Similar Homes in Newport, OR

  • 333 NE 7th St, Newport, OR 97365

    $469,000

    • 4 Beds
    • 1 Bath
    • 1,149 Sq Ft
    • 333 NE 7th St
    • Newport, OR

    A rare Newport find—this charming 4-bedroom, 1-bath home blends comfort, character, and smart upgrades. Recent updates include new windows, Hardi-plank siding, fresh interior paint, roof cleaning, pressure wash, and a vapor barrier total replacement—making it truly move-in ready. The converted garage serves as a roomy primary suite with shop space, easily returned to its original use if desired.

    Nickolas Dyer Advantage Real Estate

    Section Image
  • 103 NE Lincoln Ln, Newport, OR 97365

    $585,000

    • 3 Beds
    • 2 Baths
    • 1,554 Sq Ft
    • 103 NE Lincoln Ln
    • Newport, OR

    Charming New Construction Home in Quiet, Up-and-Coming NeighborhoodThis beautiful one-level, single-family home offers modern living in a peaceful, growing neighborhood. Located above the fog bank, enjoy sunny days and a serene atmosphere. Inside, you'll find an open floor plan with high-end finishes and abundant natural light. The spacious kitchen features sleek countertops and beautiful

    Blair Belloni Emerald Coast Realty - Seal Rock

    Section Image
  • 594 NE Newport Heights Dr, Newport, OR 97365

    $675,000

    • 3 Beds
    • 2 Baths
    • 2,021 Sq Ft
    • 594 NE Newport Heights Dr
    • Newport, OR

    Discover the perfect blend of country charm & town convenience with this turnkey, move-in ready 3.52-acre property in Newport. Nestled on a quiet, secluded street yet close to downtown, schools, parks, and beaches, this home offers a serene setting surrounded by nature. The spacious open-concept layout features vaulted ceilings, expansive windows, and natural light-filled rooms. The private

    Samantha McClain Realty One Group At The Beach, Newport

    Section Image
  • 605 SE 2nd St, Newport, OR 97365

    $549,900

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 605 SE 2nd St
    • Newport, OR

    Welcome to 605 SE 2nd Street—a beautifully updated home just steps from the vibrant energy of Newport's Historic Bayfront. Enjoy a peek of Yaquina Bay from this well-maintained coastal gem, ideally located just one block from waterfront dining, unique shops, and local galleries. Inside, tasteful updates blend comfort and style, creating a warm and welcoming atmosphere—perfect for a full-time

    Hannah Katz Coldwell Banker Professional Group - Lincoln City

    Section Image
  • 728 NE Benton St, Newport, OR 97365

    $649,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 728 NE Benton St
    • Newport, OR

    This stunning 3BR/2BA home is immaculate with many updates resulting in a blend of classic charm & modern luxury featuring superior craftsmanship. 2019 updates include; new cabinets, quartz waterfall countertops, stainless appliances, new garage doors, new electrical, plumbing, gorgeous hardwood floors, PLUS new upscale windows. Updates in 2024 include, Hunter Douglas blinds throughout (remote

    Dennis MacDonald Realty One Group At The Beach

    Section Image
  • 328 NE Avery St, Newport, OR 97365

    $568,000

    • 4 Beds
    • 3 Baths
    • 1,828 Sq Ft
    • 328 NE Avery St
    • Newport, OR

    Central quiet location!! Walk distance close everything: stores, maket, beach, coast, schools, entertainment, hotels, restaurant, hospital, park, forest... multiple rooms for rental or personal use. Dual living possible. It has been expended and renovated since 2000. 1 RV parking space & 2 car garage, new house painting & new roof 4bd, 3ba. The beautiful backyard garden is perfect for growing

    ZOE THOMAS KELLER WILLIAMS REALTY MID WILLAMETTE

    Section Image
  • 665 NW Nye St, Newport, OR 97365

    $529,000

    • 3 Beds
    • 2 Baths
    • 1,532 Sq Ft
    • 665 NW Nye St
    • Newport, OR

    Get yourself a dreamy coastal home just a short walk from the beach! This light and bright, beautifully updated home is located in a quaint neighborhood with an easy, low-maintenance yard; perfect for entertaining. Open and spacious with 3 bedrooms, 2 baths and an upper bonus room that could be a 4th bedroom. Excellent kitchen for cooking and entertaining with quartz countertops, ample cabinets

    Freeman Corbin Hybrid Real Estate

    Section Image
  • 568 SE Benson Rd, Newport, OR 97365

    $595,000

    • 3 Beds
    • 3 Baths
    • 3,213 Sq Ft
    • 568 SE Benson Rd
    • Newport, OR

    Bayview Home with over 3200+ sq. ft. of living with additional 900+ sq. ft. bonus spaces (shops, bonus rooms, utility areas, etc.) The home consists of vaulted ceilings, 2 wood fireplaces, three skylights, an open floor plan with butcher block counters in the kitchen and stainless steel appliances. There are 3 bedrooms with a couple of bonus rooms and 3 baths with an extra shower in the shop. The

    Dave Davis eXp Realty LLC

    Section Image
  • 413 NW 5th St, Newport, OR 97365

    $580,000

    • 3 Beds
    • 2.5 Baths
    • 1,599 Sq Ft
    • 413 NW 5th St
    • Newport, OR

    Nestled just moments from the shimmering shores of the Oregon coast, 413 NW 5th Street epitomizes coastal living at its finest, with Final Occupancy Certificates already issued. This brand-new construction home offers a harmonious blend of modern luxury and relaxed seaside charm. Step into 1,599 square feet of meticulously designed living space, where every detail speaks to comfort and

    Hannah Katz Coldwell Banker Professional

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morelli Nathaniel $386,500 Western Title & Escrow
Cartmill Ryan F $289,000 Frontier T&E Of Or Llc
Degeorge Larry -- None Available
Lister Carol A -- None Available
Lister Carol A $228,000 Wte
Federal National Mortgage Association -- Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelli Nathaniel $367,175
Previous Owner Cartmill Ryan F $231,200
Previous Owner Becker David D $468,000
Previous Owner Becker David D $332,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $386,500 -3.1% $183 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $399,000 +75.0% $189 / Sq Ft
08/12/2013 08/12/13 Sold $228,000 0.0% $108 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $227,900 -- $108 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,501 $304,880 -- --
2023 $5,372 $296,000 $0 $0
2022 $5,206 $287,380 $0 $0
2021 $5,116 $279,010 $0 $0
2020 $4,995 $270,890 $0 $0
2019 $4,781 $263,000 $0 $0
2018 $4,634 $255,340 $0 $0
2017 $4,593 $247,910 $0 $0
2016 $4,495 $240,690 $0 $0
2015 $4,168 $233,680 $0 $0
2014 $4,074 $226,880 $0 $0
2013 -- $220,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20064697

Regional Multiple Listing Service (RMLS)

APN: R264856