NOT LISTED FOR SALE

1525 NW Oceanview Dr Unit 1 Newport, OR 97365

Estimated Value: $248,000 - $333,206

1 Bed
1 Bath
394 Sq Ft
$150/mo HOA Fee

Last Sold July 03, 2024

Last sale price $325,000 $825 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,792/month

22 Days on Market

Highlights

  • Ocean View
  • Furnished
  • 1-Story Property
  • Deck
  • Living Room
  • Vinyl Flooring

About This Home

As of July 2024

Ocean view Condo with low HOA. 1 bedroom, 1 bathroom, Furnished, 394 sqft end unit of this single level building. Unit remodeled in 2019. New kitchen new appliances, new flooring, new windows including added slider with a deck. HOA only $150/mo has replaced the roof and the siding. Must see!! Schedule a viewing and check it out before it's gone.

Last Agent to Sell the Property

Kathleen Gibson

Realty One Group At The Beach, Newport License #201217539 Listed on: 05/01/2024

Realty One Group At The Beach, Newport

Co-Listed By

James Gibson

Realty One Group At The Beach, Newport License #201228600

Last Buyer's Agent

Sonja Lovas

Martek Real Estate License #201104108

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1949

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 394 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Electric Fireplace
  • Window Treatments
  • Living Room
  • Vinyl Flooring
  • Ocean Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 90001
  • Assessor Parcel Number 111105BA-90001-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Barbara Association
  • Tradewinds Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,244

Year Built

Built in 1949

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: Tradewinds Condo
  • Directions: From Hwy 101, West on NW 20th St, Left on Oceanview Dr to the complex. Unit #1 on the south end of building. Sign in the window.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1949
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90001
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Alternate Heat:Electric Fireplace: Yes
  • Siding:Concrete Composite: Yes
  • Roof:Membrane: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Other - Heat: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Barbara
  • CondoAssociation:Assoc Contact Phone: N/A

Fee Information

  • Association Fee Includes: Trash, Sewer, Insurance, Water

Lot Info

  • Parcel #: 111105BA-90001-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 1243.67
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 1, 2024
Sold by
Nash Michael and Nash Cossette C
Bought by
Marcy J Kenyon Trust and Kenyon
Seller's Agent
Kathleen Gibson
Realty One Group At The Beach, Newport
Buyer's Agent
Sonja Lovas
Martek Real Estate
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Views
70
Current Estimated Value
$289,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,198
Avg. Annual Appreciation
-4.02%

Purchase Details

Listed on
Feb 24, 2018
Closed on
Apr 25, 2018
Sold by
Oreskovich James S
Bought by
Nash Michael and Nash Cossette C
Seller's Agent
Kathleen Gibson
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Kathleen Gibson
Ocean Equity Real Estate & Investments, LLC
List Price
$137,000
Sold Price
$142,000
Premium/Discount to List
$5,000
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Listed on
Nov 23, 2016
Closed on
Dec 19, 2016
Sold by
Mccann Gary L
Bought by
Oreskovich James S
Seller's Agent
Carol Owens
Martek Real Estate
Buyer's Agent
Danielle Cutler
John L Scott Newport
List Price
$82,000
Sold Price
$82,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.07%
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
Marcy J Kenyon Trust $325,000 Western Title
Nash Michael $142,000 Western Title & Escrow
Oreskovich James S $82,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $325,000 -6.9% $825 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $349,000 +145.8% $886 / Sq Ft
04/27/2018 04/27/18 Sold $142,000 +3.6% $360 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $137,000 +67.1% $348 / Sq Ft
01/04/2017 01/04/17 Sold $82,000 0.0% $208 / Sq Ft
11/23/2016 11/23/16 For Sale $82,000 -- $208 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
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 $1,274 $70,580 -- $70,580
2023 $1,244 $68,530 $0 $0
2022 $1,205 $66,540 $0 $0
2021 $1,185 $64,610 $0 $0
2020 $1,157 $62,730 $0 $0
2019 $1,107 $60,910 $0 $0
2018 $1,073 $59,140 $0 $0
2013 -- $52,930 $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: 24-875

APN: R63668