1242 NW Spring St Newport, OR 97365
4
Beds
3
Baths
2,529
Sq Ft
7,405
Sq Ft Lot
Highlights
- Ocean View
- No HOA
- Beamed Ceilings
- Deck
- Den
- 1 Car Attached Garage
About This Home
As of May 2025Classic 1960's beach house with many updates. With close ocean view & beach access trail across the street, this is a great location for peaceful full-time living or vacations. Well maintained two-story home has a reverse floor plan to optimize the ocean view. Chef's kitchen, with Wolf gas range, opens to the living room & the view. Beamed ceiling with gentle vaults & certified woodstove adds to the beach feeling. Adjacent undeveloped street adds to yard space & privacy. Lower deck has hot tub & upper deck from the BBQ. Large primary suite on the lower level has attached bath. The spacious den has a gas stove & makes for a great media/recreation room. With 3 bedrooms & 1.5 baths upstairs, there's plenty of room for family & friends. Relax at the beach & enjoy the attractions of Newport!
Last Agent to Sell the Property
Advantage Real Estate Brokerage Phone: (541) 265-2200 License #920600305 Listed on: 02/01/2025
Last Buyer's Agent
Out of Area
OUT OF AREA
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,303
Year Built
- Built in 1963
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 54 x 135
- Property is zoned R-2 Residential
Parking
- 1 Car Attached Garage
Home Design
- Block Foundation
- Slab Foundation
- Composition Roof
- Lap Siding
- T111 Siding
Interior Spaces
- 2,529 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Window Treatments
- Living Room
- Dining Room
- Den
- Utility Room
- Ocean Views
Kitchen
- Stove
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Shed
Utilities
- Forced Air Zoned Cooling System
- Heating Available
- Electricity To Lot Line
- Gas Water Heater
Community Details
- No Home Owners Association
- Ocean View Subdivision
Listing and Financial Details
- Tax Lot 6 & Ptn Vac Alley
- Assessor Parcel Number 111105BC-3600-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2025
Closed on
May 21, 2025
Sold by
Deliseo Patricia A and Birt Bruce
Bought by
Work Susan M and Work Rickey W
Seller's Agent
Timothy Myrick
Advantage Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$945,000
Sold Price
$900,000
Premium/Discount to List
-$45,000
-4.76%
Total Days on Market
77
Views
79
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.27%
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$444,323
Purchase Details
Closed on
Jan 14, 2019
Sold by
Eliseo Patricia A D
Bought by
Birt Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | Western Title | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $239,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $900,000 | -4.8% | $356 / Sq Ft |
| 02/01/2025 02/01/25 | For Sale | $945,000 | -- | $374 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Tax History Compared to Growth
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 | $7,479 | $414,460 | -- | -- |
| 2023 | $7,303 | $402,390 | $0 | $0 |
| 2022 | $7,078 | $390,670 | $0 | $0 |
| 2021 | $6,955 | $379,300 | $0 | $0 |
| 2020 | $6,790 | $368,260 | $0 | $0 |
| 2019 | $6,499 | $357,540 | $0 | $0 |
| 2018 | $6,300 | $347,130 | $0 | $0 |
| 2017 | $6,243 | $337,020 | $0 | $0 |
| 2016 | $6,111 | $327,210 | $0 | $0 |
| 2015 | $5,666 | $317,680 | $0 | $0 |
| 2014 | $5,538 | $308,430 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Myrick
T
Seller's Agent in 2025
Timothy Myrick
Advantage Real Estate
(541) 270-1424
67 Total Sales
-
O
Buyer's Agent in 2025
Out of Area
OUT OF AREA
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 25-186
APN: R165599
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