$500,000
SOLD OCT 9, 2017

1409 NW Spring St Newport, OR 97365

2 Beds
3 Baths
1,522 Sq Ft
0.49 Acres

Recently Sold

$329 Per Sq Ft

8% Below List Price

65 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of December 2019

Panoramic ocean view with easy private steps to the beach. Modern 2bdrm, 2.5 bath with vaulted beamed ceilings, cedar interior walls, maple flooring, floor to ceiling windows. Modern fixtures and easy to maintain property. 2 modern gas fireplaces add the perfect finishing touches. Seller is a past Oregon licensed broker with inactive license.

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 06/08/2017

Last Buyer's Agent

Jon Lynch

Coldwell Banker - Central Coast Realty - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,144

Year Built

  • Built in 1981

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 54 x 180
  • Ocean Front
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Utility Room
  • Wood Flooring
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,144

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: 0.49
  • Lot Size: 54 x 180
  • Lot Size Sq Ft: 21344.4
  • Road Surface Type: Paved
  • Directions: Hwy 101 to NW 15th. Then west to Spring St. South to first home on the right
  • 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: 0.49
  • 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: No
  • Roof:Shingle: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 54 x 180
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • DeckPatio: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: Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pilings
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio
  • 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:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105BC-1802-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 5144.06
  • Tax Year: 2016

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
$872,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,934
Avg. Annual Appreciation
7.74%
Original Mortgage
$517,500
Interest Rate
3.6%
Mortgage Type
New Conventional

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

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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 $575,000 Western Title & Escrow
Warranty Deed $500,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $659,000 New Conventional
Closed $517,500 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

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

MLS Number: 17-1

APN: R123033