NOT LISTED FOR SALE

1529 NW Lake St Newport, OR 97365

Estimated Value: $516,000 - $601,873

3 Beds
2 Baths
2,108 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $420,000 $199 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,585/month

23 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 2 Car Attached Garage
  • Wood Flooring
  • Cottage
  • Forced Air Cooling System

About This Home

As of March 2023

This home is in a great area and on a quiet street. Ocean view from the entire west side of the property. Fenced yard, large garage with shed/greenhouse. Home needs someone to bring it back to its full potential. This home is being sold as-is. This is an estate sale. Perfect property for a rehab loan.

Last Agent to Sell the Property

Amy Halligan

Cascade Hasson Sotheby's International Realty License #990300066 Listed on: 12/20/2022

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Amy Halligan

Cascade Hasson Sotheby's International Realty License #990300066 Listed on: 12/20/2022

Cascade Hasson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,077

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Shake Roof
  • Shingle Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Ocean Views
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Electricity To Lot Line

Additional Features

  • Ramp on the main level
  • Shop

Community Details

  • No Home Owners Association
  • Ocean View Subdivision

Listing and Financial Details

  • Tax Lot 12100
  • Assessor Parcel Number 111105BA-12100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,077

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.8
  • Road Surface Type: Paved
  • Subdivision Name: Ocean View
  • Directions: Turn west of Hwy 101 from 15th or 16th and then turn on Lake St.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1948
  • 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: 0.18
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 12100
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Gas
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Shingle2: Yes
  • Outbuildings:Shop: Yes
  • Alternate Heat:Gas Stove: Yes
  • Siding:Shake2: Yes
  • Roof:Shake: Yes
  • HeatingCooling:Hot Water: Yes
  • Handicap Features:Ramped Main Level: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shop
  • Roof: Shake

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Baseboard, Hot Water
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105BA-12100-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5077.37
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 9, 2023
Sold by
Hood Susan Marguerite
Bought by
Wyard Gwendolyn V and Barker Scott
Seller's Agent
Amy Halligan
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Amy Halligan
Cascade Hasson Sotheby's International Realty
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%
Current Estimated Value
$566,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,718
Avg. Annual Appreciation
12.60%
Original Mortgage
$399,000
Outstanding Balance
$388,621
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$165,115

Purchase Details

Closed on
Dec 18, 2006
Sold by
Corporate Relocation Services
Bought by
Hood Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2006
Sold by
Seavey Frederic Gerard and Seavey Sandra Lynne
Bought by
Corporate Relocation Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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
Wyard Gwendolyn V $420,000 Western Title
Hood Susan $299,500 First Amer Title Ins Co Or
Corporate Relocation Services $299,500 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyard Gwendolyn V $399,000
Previous Owner Hood Susan $227,500
Previous Owner Hood Susan $35,000
Previous Owner Hood Susan $239,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $420,000 -8.7% $199 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $460,000 -- $218 / 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 $5,459 $302,550 -- --
2023 $5,331 $293,740 $0 $0
2022 $5,167 $285,190 $0 $0
2021 $5,077 $276,890 $0 $0
2020 $4,957 $268,830 $0 $0
2019 $4,744 $261,000 $0 $0
2018 $4,599 $253,400 $0 $0
2017 $4,558 $246,020 $0 $0
2016 $4,461 $238,860 $0 $0
2015 $4,136 $231,910 $0 $0
2014 $4,043 $225,160 $0 $0
2013 -- $218,610 $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: 22-2475

APN: R458377