$386,500
SOLD AUG 14, 2020

1227 NE 5th St Newport, OR 97365

4 Beds
2 Baths
2,112 Sq Ft
0.35 Acres

Recently Sold

$183 Per Sq Ft

3% Below List Price

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
$566,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,944
Avg. Annual Appreciation
9.60%
Original Mortgage
$367,175
Outstanding Balance
$329,351
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$279,506

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
8.55%

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

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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 $386,500 Western Title & Escrow
Warranty Deed $289,000 Frontier T&E Of Or Llc
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $228,000 Wte
Warranty Deed -- Wte
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,175 New Conventional
Previous Owner $231,200 New Conventional
Previous Owner $468,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $332,025 Reverse Mortgage Home Equity Conversion Mortgage
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

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20064697

Regional Multiple Listing Service (RMLS)

APN: R264856