NOT LISTED FOR SALE

1235 NW Spring St Newport, OR 97365

Estimated Value: $638,000 - $917,000

2 Beds
2 Baths
1,326 Sq Ft
$589/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $790,000 $596 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,750/month

6 Days on Market

Highlights

  • Ocean Front
  • Bonus Room
  • No HOA
  • Deck
  • Furnished
  • 1 Car Attached Garage

About This Home

As of February 2023

Catch the rays of the setting sun in this oceanfront home on the Oregon Coast which features a cozy and comfortable sunroom. Central location in the City of Newport, north of the quaint Nye Beach commercial district and south of Agate Beach. Split level home with great room, sunroom, deck and laundry on the main level. Home features two primary bedrooms, one on each level. Lower level bedroom has access to a patio area. Garage is currently being used as a game room and a multi-purpose room used for sleeping. Beach access is less than a block to the north. Move in ready, home is being sold furnished. Note: property is located outside City Short Term Rental zone. Enjoy views of surf, sunsets and peak of the Yaquina Head lighthouse!

Last Agent to Sell the Property

Lisa Morrigan

Cascade Hasson Sotheby's International Realty License #200109047 Listed on: 01/28/2023

Co-Listed By

Ed Tanabe

Cascade Hasson Sotheby's International Realty License #200308237

Last Buyer's Agent

Roland Woodcock

Seashore Homes Realty License #200802191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 1981

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54 x 125
  • Ocean Front
  • Property is zoned R-2 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,326 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Ocean View Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 111105BC-3700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,595

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.15
  • Lot Size: 54 x 125
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Ocean View
  • Directions: Hwy 101, West on NW 12th, Cross Oceanvew St & take Right on Spring to address on left.
  • Architectural Style: Split-Level
  • Garage Yn: Yes
  • Year Built: 1981
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 6534
  • General Property Description:_pound_ of Acres: 0.15
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Split-Level
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: 54 x 125
  • Location Tax and Other Information:Subdv ParcelLot: 4
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Patio: Yes
  • Alternate Heat:Gas FP Insert: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: Land to west owned by City of Newport
  • Parcel #: 111105BC-3700-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 5595.1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Feb 24, 2023
Sold by
Joys House Llc
Bought by
Stoery Scott Thomas and Stoery Emilee
Seller's Agent
Lisa Morrigan
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Roland Woodcock
Seashore Homes Realty
List Price
$715,000
Sold Price
$790,000
Premium/Discount to List
$75,000
10.49%
Views
53
Current Estimated Value
$781,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,667
Avg. Annual Appreciation
-0.74%
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
Stoery Scott Thomas $790,000 Western Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $790,000 +10.5% $596 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $715,000 -- $539 / 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 $5,912 $327,640 -- --
2023 $5,773 $318,100 $0 $0
2022 $5,595 $308,840 $0 $0
2021 $5,498 $299,850 $0 $0
2020 $5,368 $291,120 $0 $0
2019 $5,138 $282,650 $0 $0
2018 $4,980 $274,420 $0 $0
2017 $4,936 $266,430 $0 $0
2016 $4,831 $258,670 $0 $0
2015 $4,479 $251,140 $0 $0
2014 $4,378 $243,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lisa Morrigan

    Cascade Hasson Sotheby's International Realty

  • E

    Seller Co-Listing Agent in 2023

    Ed Tanabe

    Cascade Hasson Sotheby's International Realty

    (541) 921-1179

    82 Total Sales

    Ed Tanabe
    Section Image

  • R

    Buyer's Agent in 2023

    Roland Woodcock

    Seashore Homes Realty

    (971) 570-1256

    60 Total Sales

    Roland Woodcock
    Section Image
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Map

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

MLS Number: 23-119

APN: R168110

Oregon Lincoln County Newport 97365

1235 NW Spring St, Newport, OR

This home is located at 1235 NW Spring St, Newport, OR 97365 since 28 January 2023 and is currently estimated at $781,333, approximately $589 per square foot. This property was built in 1981. 1235 NW Spring St is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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