NOT LISTED FOR SALE

1540 SE Running Springs Ct Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $686,000 - $821,000

3 Beds
3 Baths
2,394 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $540,000 $226 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,713/month

47 Days on Market

Highlights

  • Bay View
  • Deck
  • Traditional Architecture
  • 0.38 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of April 2021

Beautiful home with fantastic BAY VIEW. Custom interior with stained glass accents. Upper level has kitchen, dining, living Master Bed/Bath and two bed rooms. Hardwood and tile floring. Lower level has large shop and separate living area with a kitchen. Nicely landscaped yard with numerous fruit trees. Located just outside of town but still has Newport City services. There are 2 central vacuum systems. Make this home yours! Inactive HOA. There have been no meetings or dues for the past 4 years. Hot tub included.

Last Agent to Sell the Property

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063 Listed on: 12/29/2020

Co-Listed By

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108

Last Buyer's Agent

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,266

Year Built

  • Built in 2003

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Newport Bay Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 3900
  • Assessor Parcel Number 111109DB-3900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,266

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552.8
  • Road Surface Type: Paved
  • Subdivision Name: Newport Bay Estates
  • Directions: Bay Blvd towards Toledo. About a mile from Bay Front to Running springs to right on Running Springs Ct. First house on Right
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2003
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 16,749
  • General Property Description:_pound_ of Acres: 0.38
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 3900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Gas
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: Yes

Lot Info

  • Parcel #: 111109DB-3900-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 7265.55
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Apr 20, 2021
Sold by
Valenzuela George J and Valenzuela Valerie J
Bought by
Carlton Debra L and Carlton Christopher W
Seller's Agent
Steve Lovas
Martek Real Estate
Buyer's Agent
Sonja Lovas
Martek Real Estate
List Price
$625,000
Sold Price
$540,000
Premium/Discount to List
-$85,000
-13.6%
Current Estimated Value
$757,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,442
Avg. Annual Appreciation
7.85%
Original Mortgage
$300,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2015
Closed on
Jan 8, 2016
Sold by
Davi Anthony and Davi Teresa
Bought by
Valenzuela George J and Valenzuela Valerie J
Seller's Agent
Doretta Smith
Windermere West Coast Properties
Buyer's Agent
Freddy Saxton
Advantage Real Estate
List Price
$460,000
Sold Price
$443,000
Premium/Discount to List
-$17,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Carlton Debra L and Carlton Christopher W
Bought by
Carlton 2014 Trust
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
Carlton Debra L $540,000 Western Title & Escrow
Valenzuela George J $443,000 Western Title & Escrow
Carlton 2014 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlton Debra L $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2021 04/21/21 Sold $540,000 -13.6% $226 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $625,000 +41.1% $261 / Sq Ft
01/12/2016 01/12/16 Sold $443,000 -3.7% $185 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $460,000 -- $192 / 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 $8,361 $463,340 -- --
2023 $8,164 $449,850 $0 $0
2022 $7,912 $436,750 $0 $0
2021 $7,775 $424,030 $0 $0
2020 $7,591 $411,680 $0 $0
2019 $7,266 $399,690 $0 $0
2018 $7,042 $388,050 $0 $0
2017 $6,979 $376,750 $0 $0
2016 $6,796 $363,870 $0 $0
2015 $6,523 $365,780 $0 $0
2014 $6,377 $355,130 $0 $0
2013 -- $344,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    17 in this area

    132 Total Sales

    Steve Lovas
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    18 in this area

    173 Total Sales

    Sonja Lovas
    Section Image

  • D

    Seller's Agent in 2016

    Doretta Smith

    Windermere West Coast Properties

  • Freddy Saxton

    Buyer's Agent in 2016

    Freddy Saxton

    Advantage Real Estate

    (541) 961-2085

    10 in this area

    116 Total Sales

    Freddy Saxton
    Section Image
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Map

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

MLS Number: 20-1787

APN: R504545

Oregon Lincoln County Newport 97365 Bayfront

1540 SE Running Springs Ct, Newport, OR

This home is located at 1540 SE Running Springs Ct, Newport, OR 97365 since 29 December 2020 and is currently estimated at $757,442, approximately $316 per square foot. This property was built in 2003. 1540 SE Running Springs Ct is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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