$1,193,500
SOLD MAY 15, 2025
8 Beds
8 Baths
4,550 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

3% Below List Price

63 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • 0.23 Acre Lot
  • Furnished
  • 1-minute walk to Ocean Shore State Recreation Area

About This Home

As of May 2025

Welcome to Nye Beach Townhomes! Rare in Newport--Turn key Vacation Rental business with 4 transferrable Short-Term Rental licenses. 4 nicely appointed units, each 2 bed, 1.5 bath with full kitchen, covered decks, and just steps to the beach on a paved walkway. Average annual gross of 147K/year for the last 4 years. Great Nye Beach location with easy access to beaches, shopping, restaurants, and Bayfront District. Adjacent to Coast Park, playground and Performing Arts Center. Large 0.23 AC lot, newly paved with 8 marked parking spots and EV charger. Each unit sleeps 6 with king beds in each bedroom and a sleeper sofa in the living area. Tons of storage closets including 2 walk-ins. Buyer to honor existing bookings. Sold furnished. Listing agent is related to sellers.

Last Agent to Sell the Property

Heidi Rogers

Cascade Hasson SIR License #201206892 Listed on: 01/18/2025

Cascade Hasson SIR

Last Buyer's Agent

Tammy Gagne

Advantage Real Estate License #870600040

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,018

Year Built

  • Built in 1969

Home Design

  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,550 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Zoned Cooling
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 99 x 100

Community Details

  • No Home Owners Association
  • 4 Units
  • Barlow Blocks Subdivision

Listing and Financial Details

  • Tax Lot 17400
  • Assessor Parcel Number 111108BB-17400-00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,018

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.23
  • Lot Size: 99 x 100
  • Lot Size Sq Ft: 10018.8
  • Road Surface Type: Paved
  • Subdivision Name: Barlow Blocks
  • Directions: Hwy 101 in Newport, west on Olive, south on Coast, west on 2nd, north on Dolphin to property on right. No sign.
  • Architectural Style: Town House
  • Garage Yn: No
  • Year Built Details: Gutted 2013
  • Year Built: 1969
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 9900
  • General Property Description:_pound_ of Acres: 0.23
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 17400
  • General Property Description:Total Bedrooms: 8
  • General Property Description:Total Bathrooms: 8.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Town House
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: 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: 99 x 100
  • Siding:Concrete Composite: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • HeatingCooling:Zone - Elect: Yes
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 8
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • External Features:Parking Spaces: 8.0

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108BB-17400-00
  • Zoning: C-2 General Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 12017.69
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
May 5, 2025
Sold by
Rogers John D and Rogers Teresa M
Bought by
Peters James Blake and Ruzicka Paul Thomas
Seller's Agent
Heidi Rogers
Cascade Hasson SIR
Buyer's Agent
Tammy Gagne
Advantage Real Estate
List Price
$1,225,000
Sold Price
$1,193,500
Premium/Discount to List
-$31,500
-2.57%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-98.05%
Original Mortgage
$895,125
Outstanding Balance
$895,125
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$179,855

Purchase Details

Closed on
Jun 14, 2013
Sold by
Asbury Coast Properties Llc
Bought by
Rogers John D and Rogers Teresa M
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 $1,193,500 Western Title
Warranty Deed $255,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $895,125 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $1,193,500 -2.6% $262 / Sq Ft
01/18/2025 01/18/25 For Sale $1,225,000 -- $269 / 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 $12,307 $682,070 -- --
2023 $12,018 $662,210 $0 $0
2022 $11,648 $642,930 $0 $0
2021 $11,446 $624,210 $0 $0
2020 $11,175 $606,030 $0 $0
2019 $10,696 $588,380 $0 $0
2018 $10,371 $571,470 $0 $0
2017 $7,832 $422,780 $0 $0
2016 $8,024 $429,630 $0 $0
2015 $7,353 $412,300 $0 $0
2014 $6,163 $343,210 $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: 25-89

APN: R245998