NOT LISTED FOR SALE

Estimated Value: $578,000 - $677,000

3 Beds
2 Baths
2,007 Sq Ft
$320/mo HOA Fee

Last Sold July 31, 2015

Last sale price $400,000 $199 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,462/month

176 Days on Market

Highlights

  • Ocean View
  • Deck
  • Vaulted Ceiling
  • Property Fronts a Bay or Harbor
  • Contemporary Architecture
  • 2-minute walk to Oregon Coast National Wildlife Refuge

About This Home

As of July 2015

Basically Brand New 2 bed + office, 2 bath SINGLE level Bayfront - Ocean View LUXURY condo. Elevator, covered carport and large tandem garage. Covered Lanai, Radiant heated tile & hardwood floors. Glass/Travertine shower and jetted master bath. Granite Slabs, SS appliances, Hepa filtration system, central vacuum, no slam cabinets, fireplace, BEST VIEW in NEWPORT. MUST SEE! Vacation rentals allowed

Last Listed By

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 01/03/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 2007

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,007 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Den
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Radiant Heating System
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Additional Features

  • Deck
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 111117BD-80004-00

Community Details

Overview

  • John Pothoff Association
  • Regatta Condominium Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,801

Year Built

Built in 2007

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Bay/Harbor
  • Road Surface Type: Paved
  • Subdivision Name: Regatta Condominium
  • Directions: Hwy 101 to SW Abalone Street, just south of the Bridge, turn on SW 26th Street. Condos first right on water side, park under unit #4 sign. Garage and carport is on the left hand side.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Bay
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Bay
  • Location Tax and Other Information:Tax Lot: 80004
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Contemporary
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 4
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Roof:Metal: Yes
  • Miscellaneous:Den: Yes
  • Flooring:Tile2: Yes
  • HeatingCooling:Radiant: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition, Metal

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Radiant, Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 320.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: John Pothoff

Lot Info

  • Parcel #: 111117BD-80004-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 5800.74
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2015
Closed on
Jul 28, 2015
Sold by
Regatta Bayfront One Llc
Bought by
Statz Joachim P and Statz Jean C
Seller's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
List Price
$409,000
Sold Price
$400,000
Premium/Discount to List
-$9,000
-2.2%
Total Days on Market
176
Current Estimated Value
$620,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,518
Avg. Annual Appreciation
4.58%
Original Mortgage
$370,000
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 27, 2012
Sold by
Regatta Holdings Ii Llc
Bought by
Regatta Bayfront One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
3.27%
Mortgage Type
Commercial

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
Statz Joachim P $400,000 Western Title & Escrow
Regatta Bayfront One Llc $1,927,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Statz Joachim P $370,000
Previous Owner Regatta Bayfront One Llc $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $400,000 -2.2% $199 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $409,000 -- $204 / 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 $8,423 $466,790 -- $466,790
2023 $8,225 $453,200 $0 $0
2022 $7,971 $440,000 $0 $0
2021 $7,833 $427,190 $0 $0
2020 $7,648 $414,750 $0 $0
2019 $7,508 $413,050 $0 $0
2018 $7,146 $393,750 $0 $0
2017 $7,429 $401,020 $0 $0
2016 $7,272 $389,340 $0 $0
2015 $6,741 $378,000 $0 $0
2014 $6,644 $370,010 $0 $0
2013 -- $330,750 $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: 15-12

APN: R525346