Estimated Value: $467,000 - $861,000
Well established four-plex with good rental history. Coin-op laundry gives additional income. Owner pays water/sewer, garbage and electricity for laundry. Washer and dryer have been replaced in the last two years. All the water heaters replaced & roof in the last 5 years. Outside painted in 2013. Unit #2 was completely remodeled (cabinets, floor covering painting etc about 2 years ago). Unit #4 has all new appliances and is being painted. #Unit #3 has an all new bathroom.
Last Agent to Sell the Property
Advantage Real Estate Brokerage Phone: (541) 265-2200 License #870600040 Listed on: 09/05/2015
Last Buyer's Agent
Jack Baldwin
Advantage Real Estate
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Parking
Utilities
Additional Features
Listing and Financial Details
Overview
Building Details
$600,000
A Bumpable Offer has Been Accepted. Rare four unit property in downtown Newport. Great space to increase your portfolio or owner occupied. Two units on the property, one stand alone 1 bed 1 bath house. 3 units in the other building- studio, 1 bed 1 bath and 2 bed 1 bath. Interior updates on multiple units. Newer siding, roof, paint, plumbing and electrical. Close to downtown, shops and
Katy Rosecrans SMI REAL ESTATE
$649,000
Fabulous remodeled home. 2 story home offers 4 bedrooms and 1.5 baths top story. Beautiful kitchen and comfortable living room. Laundry inside the unit. Views off the back deck. 2nd unit in the basement offers 3 bedroom and 1 bath. laundry area in the bathroom. Beautiful kitchen with living room and great room feel. Plenty of parking. House located at end of the street so not much traffic. Easy
Suzie Miller John L. Scott Salem
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kretschmer Michael W | $440,000 | Western Title & Escrow | |
| Lepe Andres Roberto | -- | Ticor Title | |
| Lepe Andres R | -- | None Available | |
| Healy Lepe Dian F | $250,000 | Western Title & Escrow |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kretschmer Michael W | $242,000 | |
| Closed | Kretschmer Michael W | $230,000 | |
| Previous Owner | Lepe Andres Roberto | $210,000 | |
| Previous Owner | Healy Lepe Dian F | $187,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2016 03/08/16 | Sold | $250,000 | -20.6% | $84 / Sq Ft |
| 12/19/2015 12/19/15 | Pending | -- | -- | -- |
| 09/05/2015 09/05/15 | For Sale | $315,000 | -- | $105 / Sq Ft |
| 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 | $4,530 | $251,020 | -- | -- |
| 2023 | $4,423 | $243,710 | $0 | $0 |
| 2022 | $4,287 | $236,620 | $0 | $0 |
| 2021 | $4,213 | $229,730 | $0 | $0 |
| 2020 | $4,113 | $223,040 | $0 | $0 |
| 2019 | $3,936 | $216,550 | $0 | $0 |
| 2018 | $3,815 | $210,250 | $0 | $0 |
| 2017 | $3,782 | $204,130 | $0 | $0 |
| 2016 | $3,701 | $198,190 | $0 | $0 |
| 2015 | $3,432 | $192,420 | $0 | $0 |
| 2014 | $3,329 | $185,420 | $0 | $0 |
| 2013 | -- | $186,820 | $0 | $0 |
Seller's Agent in 2016
Tammy Gagne
Advantage Real Estate
(541) 265-2200
108 Total Sales
J
Buyer's Agent in 2016
Jack Baldwin
Advantage Real Estate
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 15-329
APN: R47110