NOT LISTED FOR SALE

1424 NW Lake St Newport, OR 97365

Estimated Value: $652,000 - $819,000

0.18 Acre
$4,082,794 Price per Acre
7,841 Sq Ft Lot

Last Sold September 22, 2017

Last sale price $80,000

Est. 819% increase in value since last sale

Current estimated payment $4,475/month

537 Days on Market

About This Lot

As of September 2017

Nice flat parcel in the NW part of Newport. A home had been there at one time. Price includes owner clearing the property.

Last Agent to Sell the Property

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063 Listed on: 07/27/2017

Last Buyer's Agent

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $881

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Property is zoned R-2 Residential

Utilities

  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 111105BD-1200-00

Community Details

Overview

  • No Home Owners Association
  • Ocean View Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$881

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.18
  • Lot Size: 7819 sq ft
  • Lot Size Sq Ft: 7840.8
  • Road Surface Type: Gravel
  • Subdivision Name: Ocean View
  • Directions: Hwy 101 to west onto 15th to South onto Lake
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.18
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1200
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Electric:At Street2: Yes
  • Sewer:City Street2: Yes
  • General Property Description:Lot Dimensions: 7819 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 8
  • Gas:None6: Yes
  • Special Features: None

Exterior Features

  • View: None
  • Water On Property: Yes

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: On Property

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105BD-1200-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 880.65
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2017
Closed on
Sep 21, 2017
Sold by
Hathaway Darlene and Schrank Darlene J
Bought by
Samoylich Slavic and Samoylich Jenna
Seller's Agent
Steve Lovas
Martek Real Estate
Buyer's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
List Price
$72,000
Sold Price
$80,000
Premium/Discount to List
$8,000
11.11%
Current Estimated Value
$734,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,903
Avg. Annual Appreciation
31.01%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Hathaway George A and Hathaway Roe Joanne D
Bought by
Schrank Darlene J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Samoylich Slavic $80,000 Western Title & Escrow
Schrank Darlene J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $80,000 +11.1% --
09/05/2017 09/05/17 Pending -- -- --
03/16/2016 03/16/16 For Sale $72,000 -- --
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 $6,942 $384,730 -- --
2023 $6,779 $373,530 $0 $0
2022 $6,570 $362,660 $0 $0
2021 $6,456 $352,100 $0 $0
2020 $6,303 $341,850 $0 $0
2019 $6,033 $331,900 $0 $0
2018 $979 $53,950 $0 $0
2017 $970 $52,380 $0 $0
2016 $950 $50,860 $0 $0
2015 $881 $49,380 $0 $0
2014 $861 $47,950 $0 $0
2013 -- $46,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    135 Total Sales

    Steve Lovas
    Section Image

  • B

    Buyer's Agent in 2017

    Brodie Becksted

    Ocean Equity Real Estate & Investments, LLC

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Map

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

MLS Number: 16-801

APN: R257987

Oregon Lincoln County Newport 97365

1424 NW Lake St, Newport, OR

This home is located at 1424 NW Lake St, Newport, OR 97365 since 27 July 2017 and is currently estimated at $734,903. 1424 NW Lake 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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