NOT LISTED FOR SALE

1565 SE Running Springs Ct Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $802,000 - $862,000

3 Beds
3 Baths
2,679 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $725,000 $271 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,074/month

128 Days on Market

Highlights

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

About This Home

As of May 2023

Located in Bay Wood Estates with a distant view of the Bay, this home offers continual source of privacy. Out of the fog zone, in the ''banana belt'' surrounded by trees at the end of the cul-de-sac provides the best of both worlds. Features include: Open floor plan with large area for dining, kitchen with lots of counter space, primary bedroom with TWO walk-in closets, Main Floor Living, 3 bedrooms, 3 full baths, Gas fireplace thermostatically controlled, Whole House Air Purifier, Bonus Room on upper level, Large Covered Front Porch and Expansive Private Deck off the kitchen living room. Move-in-Ready allows you to experience the great life style this home has to offer the day you move in!

Last Agent to Sell the Property

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 02/10/2023

Co-Listed By

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063

Last Buyer's Agent

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 02/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 1999

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,679 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bay Views
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • 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 4200
  • Assessor Parcel Number 111109DB-4200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,290

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829.2
  • Road Surface Type: Paved
  • Subdivision Name: Newport Bay Estates
  • Directions: Hwy 101 to John Moore Rd. West on Yaquina Bay Rd to Running Springs, then right on Running Springs Ct. to end of cul-de-sac to property.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1999
  • 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: 24,829
  • General Property Description:_pound_ of Acres: 0.57
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 4200
  • 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: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Handicap Features:Level Entry: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111109DB-4200-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 7289.73
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2025
Sold by
Yost Roger W and Yost Kathryn E
Bought by
Yost Roger W
Current Estimated Value
$833,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,300
Outstanding Balance
$461,541
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$372,308

Purchase Details

Listed on
Feb 10, 2023
Closed on
May 11, 2023
Sold by
Posner Living Trust
Bought by
Yost Roger W and Yost Kathryn E
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Sonja Lovas
Martek Real Estate
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$450,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Harrison William M and Harrison Jennifer R
Bought by
Posner Merrill A and Posner Marie H

Purchase Details

Closed on
Jun 3, 2006
Sold by
Rackowski Joseph P and Rackowski Shannon M
Bought by
Harrison William M and Harrison Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yost Roger W -- None Listed On Document
Yost Roger W $725,000 Western Title
Posner Merrill A $579,000 Wte
Harrison William M $450,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yost Roger W $464,300
Previous Owner Yost Roger W $450,000
Previous Owner Harrison William M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $725,000 -9.3% $271 / Sq Ft
11/05/2022 11/05/22 For Sale $799,000 -- $298 / 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 $7,838 $434,390 -- --
2023 $7,654 $421,740 $0 $0
2022 $7,418 $409,460 $0 $0
2021 $7,290 $397,540 $0 $0
2020 $7,117 $385,970 $0 $0
2019 $6,812 $374,730 $0 $0
2018 $6,602 $363,820 $0 $0
2017 $6,544 $353,230 $0 $0
2016 $6,405 $342,950 $0 $0
2015 $5,938 $332,970 $0 $0
2014 $5,805 $323,280 $0 $0
2013 -- $313,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    18 in this area

    173 Total Sales

    Sonja Lovas
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    17 in this area

    132 Total Sales

    Steve Lovas
    Section Image
See All Agents

Map

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

MLS Number: 22-2303

APN: R504551

Oregon Lincoln County Newport 97365 Bayfront

1565 SE Running Springs Ct, Newport, OR

This home is located at 1565 SE Running Springs Ct, Newport, OR 97365 since 10 February 2023 and is currently estimated at $833,849, approximately $311 per square foot. This property was built in 1999. 1565 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes