NOT LISTED FOR SALE

1525 NW Oceanview Dr Unit 3 Newport, OR 97365

Estimated Value: $156,000 - $293,000

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

Last Sold July 21, 2022

Last sale price $225,000 $733 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,452/month

12 Days on Market

Highlights

  • Ocean View
  • 1-Story Property
  • Electric Baseboard Heater
  • Patio

About This Home

As of July 2022

Perfect OCEAN VIEW Getaway! Central location halfway between Newport's Nye Beach and Agate Beach with local BEACH ACCESS with miles of sandy shores to explore. WHITEWATER OCEAN VIEWS with random whale sightings. Recent upgrades include BRAND NEW luxury laminate flooring and refrigerator. Roof replaced in 2017 and new HardiPlank siding installed in 2019. Sliding glass doors lead out onto a small patio adjacent to an expansive grassy commons on a bluff overlooking the ocean. This 1-bedroom, 1-bath condo with efficiency kitchen could be your very own Newport home base!! A piece of Newport history, the Tradewinds Motel was a 1949-built fixture on the original Pacific Highway. Still retaining its mid-century charm, you must see it to appreciate!

Last Agent to Sell the Property

Brodie Becksted

Equity Plus Real Estate License #200302191 Listed on: 06/18/2022

Co-Listed By

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892

Last Buyer's Agent

Cheryl Swan-Agent- Newport, Oreg

Martek Real Estate License #980100072

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $923

Year Built

  • Built in 1949

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • HardiePlank Siding

Interior Spaces

  • 307 Sq Ft Home
  • 1-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Patio

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 90003
  • Assessor Parcel Number 111105BA-90003-00

Community Details

Overview

  • Association fees include electricity, trash, sewer, insurance, water
  • Tradewinds Condos Association, Phone Number (541) 256-3537
  • Secondary HOA Phone (541) 256-3537
  • 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

$923

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: Hwy 101 in Newport, West on NW 15th St, North on NW Oceanview Dr to property on left.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1949
  • 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: Ocean
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90003
  • 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
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Siding:Hardi Plank: Yes
  • DeckPatio:Patio: Yes
  • Roof:Membrane: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Other

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Membrane

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Phone: 541-256-3537
  • 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:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Tradewinds Condos
  • CondoAssociation:Assoc Contact Phone: 541-256-3537
  • Association Fee Inclusions:Electric - Unit: Yes

Fee Information

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

Lot Info

  • Parcel #: 111105BA-90003-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 923.09
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jul 19, 2022
Sold by
Bush Barbara A
Bought by
English Barbara A
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$220,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,193
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Jun 18, 2022
Closed on
May 23, 2022
Sold by
Prentice Katherine D
Bought by
Bush Barbara A
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
List Price
$225,000
Sold Price
$225,000

Purchase Details

Listed on
Nov 20, 2017
Closed on
Dec 14, 2017
Sold by
Studer Donald D and Studer Judith M
Bought by
Maier Harold F
Seller's Agent
Carol Owens
Martek Real Estate
Buyer's Agent
Kathleen Gibson
Ocean Equity Real Estate & Investments, LLC
List Price
$96,500
Sold Price
$60,000
Premium/Discount to List
-$36,500
-37.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.29%
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
English Barbara A $225,000 Western Title
Bush Barbara A $125,000 Western Title
Maier Harold F $60,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $225,000 0.0% $733 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $225,000 +275.0% $733 / Sq Ft
12/15/2017 12/15/17 Sold $60,000 -37.8% $195 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $96,500 -- $314 / 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 $992 $55,000 -- $55,000
2023 $969 $53,400 $0 $0
2022 $939 $51,850 $0 $0
2021 $923 $50,340 $0 $0
2020 $901 $48,880 $0 $0
2019 $863 $47,460 $0 $0
2018 $836 $46,080 $0 $0
2017 $829 $44,740 $0 $0
2016 $811 $43,440 $0 $0
2015 $761 $42,670 $0 $0
2014 $762 $42,410 $0 $0
2013 -- $41,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brodie Becksted

    Seller's Agent in 2022

    Brodie Becksted

    Equity Plus Real Estate

    (541) 270-2484

    225 Total Sales

    Brodie Becksted
    Section Image

  • H

    Seller Co-Listing Agent in 2022

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

  • C

    Seller's Agent in 2017

    Carol Owens

    Martek Real Estate

  • K

    Buyer's Agent in 2017

    Kathleen Gibson

    Ocean Equity Real Estate & Investments, LLC

See All Agents

Map

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

MLS Number: 22-1254

APN: R68590

Oregon Lincoln County Newport 97365

1525 NW Oceanview Dr Unit 3, Newport, OR

This home is located at 1525 NW Oceanview Dr Unit 3, Newport, OR 97365 since 18 June 2022 and is currently estimated at $220,807, approximately $719 per square foot. This property was built in 1949. 1525 NW Oceanview Dr Unit 3 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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