$419,000
SOLD SEP 30, 2016

1522 NW Spring St Newport, OR 97365

3 Beds
2 Baths
1,568 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$267 Per Sq Ft

5 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Furnished
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of February 2019

Fantastic ocean view. Currently set up as two vacation rentals. One with 2bdrm 1 bath and the other 1bdrm 1 bath. separate entrances, fully furnished, step to the beach. See from the lighthouse north to the jetties south. New roof fall of 2014, complete turnkey rental setup with full documentation for VRBO. Computerized Nexia Home Locks. Container store organized closets. Kit&bath remodel 09&2012

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 08/20/2016

Last Buyer's Agent

Jon Lynch

Coldwell Banker - Central Coast Realty - Newport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1977

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof
  • T111 Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Accessible Home Design

  • Handicap Accessible
  • Level Entry For Accessibility

Utilities

  • Cooling Available
  • Heating Available
  • Gas Available at Street
  • Water Heater

Additional Features

  • Deck
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Ocean View Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 111105BB-1700-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,607

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Lot Size: irregular
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: Ocean View
  • Directions: HWY 101 to NW 15th. West to Spring and right to driveway. Home is up to hill. Or you can down 16th until the last street on the left and go to address park on upper level.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1977
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.14
  • Location Tax and Other Information:Tax Lot: 1700
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: irregular
  • Location Tax and Other Information:Subdv ParcelLot: 7
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:T1-11: Yes
  • Handicap Features:Level Entry: Yes
  • Roof:Built-Up: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Built-Up
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • External Features:Parking Spaces: 3.0

Utilities

  • Heating: Electric, Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105BB-1700-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3607.16
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Callahan Michael
Bought by
Beach Street Retreat Llc
Current Estimated Value
$665,218

Purchase Details

Closed on
Nov 17, 2020
Sold by
Cassell Santha A
Bought by
Callahan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2018
Closed on
Feb 22, 2019
Sold by
Cross Timothy A and Cross Margaret J
Bought by
Callahan Michael and Cassell Santha A
Seller's Agent
Karla Kuhlenbeck
Windermere Distinctive Coastal Properties
Buyer's Agent
Linda Wilson
Emerald Coast Realty - Yachats
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$235,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2016
Closed on
Sep 23, 2016
Sold by
Reniers Donald P and Renier Ruth Ce
Bought by
Cross Timothy A and Cross Margaret J
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Jon Lynch
Coldwell Banker - Central Coast Realty - Newport
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Jul 8, 2009
Sold by
Mcadams Harry D and Mcadams Donnett J
Bought by
Reniers Donald P and Reniers Ruth C E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Bargain Sale Deed -- Accommodation
Bargain Sale Deed $192,368 Wfg Title
Warranty Deed $500,000 Western Title & Escrow
Warranty Deed $419,000 Western Title & Escrow
Warranty Deed $345,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $235,000 New Conventional
Previous Owner $345,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $500,000 -6.5% $319 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $535,000 +27.7% $341 / Sq Ft
09/30/2016 09/30/16 Sold $419,000 0.0% $267 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $419,000 -- $267 / 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 $4,761 $263,840 -- --
2023 $4,649 $256,160 $0 $0
2022 $4,506 $248,700 $0 $0
2021 $4,428 $241,460 $0 $0
2020 $4,323 $234,430 $0 $0
2019 $4,138 $227,610 $0 $0
2018 $4,010 $220,990 $0 $0
2017 $3,975 $214,560 $0 $0
2013 -- $190,660 $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: 16-2430

APN: R437171