$245,000
SOLD JUL 17, 2013
3 Beds
1 Bath
1,358 Sq Ft
0.9 Acres

Recently Sold

$180 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • 0.9 Acre Lot
  • Wood Flooring
  • 3-minute walk to Literacy Park

About This Home

As of July 2022

Adorable Nye Beach cottage with ocean view main level and Light house view up. New windows, newer roof, new kitchen appliances, flooring and full of charm. Close to shopping, Nye Beach, Bay Front, and restaurants. There is an easement for the driveway for convenient parking by the kitchen door.

Last Agent to Sell the Property

Sonja Lovas

Windermere West Coast Properties Listed on: 06/24/2013

Last Buyer's Agent

Steve Lovas

Windermere West Coast Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1915

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 83.3 x 49.92
  • Property is zoned R-4 Residential

Home Design

  • Cottage
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Den
  • Ocean Views
  • Natural lighting in basement
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Newport Subdivision

Listing and Financial Details

  • Tax Lot 11000
  • Assessor Parcel Number 111108BA-11000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,217

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.9
  • Lot Size: 83.3 x 49.92
  • Lot Size Sq Ft: 39204.0
  • Road Surface Type: Paved
  • Subdivision Name: Newport
  • Directions: Hwy. 101 to West on Olive, South on Hurbert
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1915
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.9
  • Location Tax and Other Information:Tax Lot: 11000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: 83.3 x 49.92
  • Location Tax and Other Information:Subdv ParcelLot: 11000
  • General Property Description:Property Sub-Type: Single Family Residence
  • Flooring:Vinyl2: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Miscellaneous:Den: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Vinyl, Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Con/Post, Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BA-11000-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2217.15
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 8, 2022
Sold by
Torres Christina C
Bought by
Chernoff Gerald F and Chernoff Linda O
Seller's Agent
Danielle Cutler
John L Scott Newport
Buyer's Agent
Eddie Townsend
Oregon Life Homes
List Price
$597,000
Sold Price
$565,000
Premium/Discount to List
-$32,000
-5.36%
Current Estimated Value
$578,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,192
Avg. Annual Appreciation
0.79%
Original Mortgage
$200,000
Outstanding Balance
$191,662
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$386,530

Purchase Details

Listed on
Jun 24, 2013
Closed on
Jul 17, 2013
Sold by
Penzola Joseph P and Penzola Nancy K Farrell
Bought by
Torres Christina
Seller's Agent
Sonja Lovas
Windermere West Coast Properties
Buyer's Agent
Steve Lovas
Windermere West Coast Properties
List Price
$257,000
Sold Price
$245,000
Premium/Discount to List
-$12,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$196,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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    Section Image

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 $565,000 None Listed On Document
Warranty Deed $245,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $38,000 Credit Line Revolving
Previous Owner $196,000 New Conventional
Previous Owner $24,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $565,000 -5.4% $339 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $597,000 +143.7% $358 / Sq Ft
07/17/2013 07/17/13 Sold $245,000 -4.7% $180 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $257,000 -- $189 / 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 $4,184 $231,850 -- --
2023 $4,085 $225,100 $0 $0
2022 $3,959 $218,550 $0 $0
2021 $3,891 $212,190 $0 $0
2020 $3,381 $183,340 $0 $0
2019 $3,236 $178,000 $0 $0
2018 $3,136 $172,820 $0 $0
2017 $3,108 $167,790 $0 $0
2016 $3,043 $162,910 $0 $0
2015 $2,821 $158,170 $0 $0
2014 $2,757 $153,570 $0 $0
2013 -- $149,100 $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: 13-1060

APN: R251190