$228,000
SOLD AUG 12, 2013

1227 NE 5th St Newport, OR 97365

4 Beds
2 Baths
2,112 Sq Ft
0.35 Acres

Recently Sold

$108 Per Sq Ft

15 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Traditional Architecture
  • Covered patio or porch

About This Home

As of August 2020

Panoramic, distant Ocean Views and sparkling night time city lights views! Serene end of road location! Lush landscaping! Patios and decks! Single family home with two separate living areas up and down! Each area has 2 bd/1ba, kitchen, living room w/fireplace, & dining room! Property is being sold as is, and is subject to Hud Guidelines 24 CFR 206.125.

Last Agent to Sell the Property

Jerry Biesterfeld

Taylor & Taylor Realty Company License #200606246 Listed on: 07/03/2013

Last Buyer's Agent

Anita Quilici

S & W REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • Irregular Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Candletree Park Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 2
  • Assessor Parcel Number 111104CD-500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.35
  • Lot Size: .35 acre
  • Lot Size Sq Ft: 15246.0
  • Road Surface Type: Gravel
  • Subdivision Name: Candletree Park
  • Directions: Hwy 20 in Newport to signal at Harney St, north on Harney, Rt on NE 3rd St (Yaquina Heights Dr), left on Newport Heights Dr, quick left on Norman St, left on NE 5th to house on right at end of street.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1973
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.35
  • Location Tax and Other Information:Tax Lot: 500
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • General Property Description:Lot Dimensions: .35 acre
  • Location Tax and Other Information:Subdv ParcelLot: 2
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Covered Porch: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Other

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111104CD-500-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 3708.31
  • Tax Year: 2012

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

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

MLS Number: 13-1901

APN: R264856