NOT LISTED FOR SALE

1409 NW Spring St Newport, OR 97365

Estimated Value: $746,000 - $896,000

2 Beds
3 Baths
1,512 Sq Ft
$550/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $575,000 $380 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,917/month

4 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of December 2019

Outstanding Oceanfront view. Easy steps to the beach and out of the tsunami zone. 2bdrm, 2.5 bath with attached garage and gated access.

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 10/31/2019

Last Buyer's Agent

Jon Lynch

Coldwell Banker - Central Coast Realty - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 54x270
  • Ocean Front
  • Property is zoned R-2 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shake Roof
  • Shingle Roof
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Newport Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111105BC-1802-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,303

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: 0.33
  • Lot Size: 54x270
  • Lot Size Sq Ft: 14374.8
  • Road Surface Type: Paved
  • Subdivision Name: Newport
  • Directions: West on 12th street to Spring then north to address
  • Architectural Style: Traditional
  • 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:_pound_ of Acres: 0.33
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1802
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Shingle: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 54x270
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • DeckPatio:Deck and Patio: Yes
  • Ceiling:Beam: Yes
  • Foundation:Pilings: Yes
  • Roof:Shake: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pilings
  • Roof: Shake, Shingle
  • 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 Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105BC-1802-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 5302.67
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 16, 2019
Sold by
Gauvin Jeffrey M
Bought by
Jacks Thomas Mathew and Jacks Heather Lynn
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Jon Lynch
Coldwell Banker - Central Coast Realty - Newport
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$831,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,110
Avg. Annual Appreciation
6.51%
Original Mortgage
$517,500
Outstanding Balance
$456,251
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$374,859

Purchase Details

Listed on
Jun 8, 2017
Closed on
Oct 4, 2017
Sold by
Cochran Irene and Poseldon Realty Trust
Bought by
Gauvin Jeffrey M
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Jon Lynch
Coldwell Banker - Central Coast Realty - Newport
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$400,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Jacks Thomas Mathew $575,000 Western Title & Escrow
Gauvin Jeffrey M $500,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacks Thomas Mathew $517,500
Previous Owner Gauvin Jeffrey M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2019 12/19/19 Sold $575,000 0.0% $380 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $575,000 +15.0% $380 / Sq Ft
10/09/2017 10/09/17 Sold $500,000 -8.3% $329 / Sq Ft View Prior Sale
08/12/2017 08/12/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $545,000 -- $358 / 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 $6,293 $348,750 -- --
2023 $6,145 $338,600 $0 $0
2022 $5,956 $328,740 $0 $0
2021 $5,853 $319,170 $0 $0
2020 $5,714 $309,880 $0 $0
2019 $5,469 $300,860 $0 $0
2018 $5,303 $292,200 $0 $0
2017 $5,255 $283,690 $0 $0
2016 $5,144 $275,430 $0 $0
2015 $4,769 $267,410 $0 $0
2014 $4,662 $259,630 $0 $0
2013 -- $252,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jon Lynch

    John L Scott Newport

See All Agents

Map

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

MLS Number: 19-2705

APN: R123033

Oregon Lincoln County Newport 97365

1409 NW Spring St, Newport, OR

This home is located at 1409 NW Spring St, Newport, OR 97365 since 31 October 2019 and is currently estimated at $831,110, approximately $549 per square foot. This property was built in 1981. 1409 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.

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