NOT LISTED FOR SALE

208 NW Coast St Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $597,000 - $957,927

6 Beds
5 Baths
2,690 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $835,500 $311 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,972/month

14 Days on Market

Highlights

  • Deck
  • Cottage
  • 1-Story Property
  • No HOA
  • Ramp on the main level
  • 3-minute walk to Coast Park

About This Home

As of November 2022

Wonderful Multi-unit property in Historic Nye Beach. Zoned C-2, this incredible location currently combines Commercial Retail space with two 2bd/2bth units, a single 1bd/1bth unit, and a studio apartment in 3 adorable cottages each rented with month-to-month tenants. The Newport Performing Arts Center, restaurants, shops, the Newport Visual Arts Center, beach access & more are all within a few blocks. So many opportunities for a buyer to explore in one of Newport's most vibrant and popular areas.

Last Agent to Sell the Property

Randy Olsen

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201207873 Listed on: 09/08/2022

Last Buyer's Agent

Kylie Lynch

Kelly Right Real Estate of Portland License #201237536

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1949

Lot Details

  • 7,405

Home Design

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

Interior Spaces

  • 2,690 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Ramp on the main level
  • Deck
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Saratoga Blocks Subdivision

Listing and Financial Details

  • Tax Lot 7 & 8 ptns of
  • Assessor Parcel Number 111108BB-6200-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Paved
  • Subdivision Name: Saratoga Blocks
  • Directions: From Highway 101 west on Olive Street to Coast St. North on Coast 1 block.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1949
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 7,501
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 6200
  • General Property Description:Total Bedrooms: 6
  • General Property Description:Total Bathrooms: 5.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • 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:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 7 & 8 ptns of
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Siding:Shingle2: Yes
  • Handicap Features:Ramped Main Level: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Flooring: Carpet, Vinyl
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • General Property Description:Garage Type: None
  • External Features:Parking Spaces: 6.0

Utilities

  • Heating: Ductless Heat Pump, Radiant
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108BB-6200-00
  • Zoning: C-2 General Commercial

Tax Info

  • Tax Annual Amount: 4849.07
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 15, 2022
Sold by
Neigebauer Linda Rae
Bought by
Poly Vinyl Films Inc
Seller's Agent
Randy Olsen
Advantage Real Estate
Buyer's Agent
Kylie Lynch
Kelly Right Real Estate of Portland
List Price
$800,000
Sold Price
$835,500
Premium/Discount to List
$35,500
4.44%
Current Estimated Value
$817,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,191
Avg. Annual Appreciation
-0.81%
Original Mortgage
$668,400
Outstanding Balance
$598,376
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Estimated Equity
$218,933
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
Poly Vinyl Films Inc $835,500 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poly Vinyl Films Inc $333,257
Open Poly Vinyl Films Inc $668,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $835,500 +4.4% $311 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $800,000 -- $297 / 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 $5,495 $304,530 -- --
2023 $5,091 $280,540 $0 $0
2022 $4,934 $272,370 $0 $0
2021 $4,849 $264,440 $0 $0
2020 $4,734 $256,740 $0 $0
2019 $4,531 $249,270 $0 $0
2018 $4,167 $229,620 $0 $0
2017 $4,130 $222,940 $0 $0
2016 $4,043 $216,450 $0 $0
2015 $3,748 $210,150 $0 $0
2014 $3,664 $204,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Randy Olsen

    Advantage Real Estate

    (541) 270-7774

    1 in this area

    29 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kylie Lynch

    Kelly Right Real Estate of Portland

    1 in this area

    25 Total Sales

    Section Image
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Map

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

MLS Number: 22-1953

APN: R451638

Oregon Lincoln County Newport 97365 Nye Beach

208 NW Coast St, Newport, OR

This home is located at 208 NW Coast St, Newport, OR 97365 since 08 September 2022 and is currently estimated at $817,309, approximately $303 per square foot. This property was built in 1949. 208 NW Coast St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

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