NOT LISTED FOR SALE

1525 NW Spring St Unit A Newport, OR 97365

Estimated Value: $1,191,762

3 Beds
3.5 Baths
2,711 Sq Ft
$325/mo HOA Fee

Last Sold September 16, 2022

Last sale price $1,190,000 $439 Per Sq Ft

Current estimated payment $7,897/month

10 Days on Market

Highlights

  • Ocean Front
  • Covered Deck
  • High Ceiling
  • New Construction
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of September 2022

Enjoy fantastic sunsets from luxurious new construction condo with 3 bedrooms, 3.5 baths and over 2711 Sq. Ft. Large oceanfront decks on every level that extend views to Yaquina lighthouse and South Jetty. Luxurious finish details, natural quartz and marble surround gas insert with wood mantle. Oceanfront primary bedroom with private covered deck, Beautiful bath with tile, quartz, deep soaking tub, walk in closet. Lower level family room with bar. Own one of the best views in Newport.

Last Agent to Sell the Property

Audra Powell

Advantage Real Estate License #200404265 Listed on: 08/25/2022

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Ocean Front
  • Sprinkler System

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,711 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Natural lighting in basement
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Stainless Steel Appliances
  • Cooking Island
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Schools

  • Sam Case Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Covered Deck

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number R533986

Community Details

Overview

  • 2 Units
  • Villas At Nye Beach Condominiu Association, Phone Number (503) 806-0943

Amenities

  • Courtyard
  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,305

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2022
  • Property Condition: NewConstruction
  • Unreinforced Masonry Building: No
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 625-21-000192-DWL
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 2
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: Yes
  • Open House: No
  • PublicRemarksCondominium: New Condo Development, Call Listing Agent for all Disclosures, Bylaws, OREA Approved condo sale agreement etc.
  • Special Features: 4098

Interior Features

  • Accessibility Features: GarageonMain
  • Total Bathrooms: 3.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, GarageDoorOpener, HighCeilings, Quartz, SoakingTub, TileFloor, VinylFloor
  • Basement: Daylight
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: CookIsland, FreeStandingGasRange, GasAppliances, Granite, Island, Microwave, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Insert
  • Fireplace: Yes
  • Stories: 3
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 2
  • BathroomsPartialUpperLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.1
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: CoveredDeck, Deck, Sprinkler
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Metal
  • View: Ocean

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,DSL
  • Security: Entry
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: MainLevel
  • Senior Community: No
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: JT Roth.
  • CondominiumAssociationName: Villas at Nye Beach Condominiu
  • CondominiumAssociationPhone: 503-806-0943
  • CondominiumAssociationURL: N/A
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Newport
  • Elementary School #2: Sam Case

Lot Info

  • Farm: No
  • Zoning: R-2
  • Parcel #: R533986

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 1304.85

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,190,000 -2.5% $439 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $1,220,000 -- $450 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 -- -- -- --
2023 $11,878 $654,520 $0 $0
2022 $0 $0 $0 $0
2021 $0 $180,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22327828

Regional Multiple Listing Service (RMLS)

APN: R533986