238 NE 3rd St Newport, OR 97365
Estimated Value: $637,000 - $909,000
6
Beds
4
Baths
2,992
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Electric Baseboard Heater
- Carpet
- No HOA
- Lap Siding
About This Home
As of July 2020GREAT INVESTMENT OPPORTUNITY. THIS 4 PLEX IS CENTRALLY LOCATED BY SCHOOLS, SHOPPING AND THE BEACH. SELLER HAS PUT IN NEW FLOORS APPLIANCES AND RECENTLY PAINTED THE OUTSIDE OF THE BUILDING. GROSS RENTS ARE $44,000.00 A YEAR. THE 4 PLEX ALSO HAS ITS ON COIN OP LAUNDRY ROOM IN THE BUILDING. SELLER IS RELATED TO LISTING BROKER.
Last Agent to Sell the Property
Julie Carroll
Ocean Equity Real Estate & Investments, LLC License #200411078 Listed on: 06/07/2020
Last Buyer's Agent
Shelli Neal
Realty One Group At The Beach, Newport License #201220482
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,458
Year Built
- Built in 1978
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x100
Home Design
- Traditional Architecture
- Composition Roof
- Lap Siding
Interior Spaces
- 2,992 Sq Ft Home
- 2-Story Property
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Electric Baseboard Heater
- Natural Gas Not Available
- Water Heater
Community Details
- No Home Owners Association
- 4 Units
- Fredericksburg Subdivision
Listing and Financial Details
- Tax Lot 111108
- Assessor Parcel Number 111108AB-1701-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2020
Closed on
Jul 16, 2020
Sold by
Carroll George Thomas
Bought by
Neely Mark S and Neely Sheri L
Seller's Agent
Julie Carroll
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Shelli Neal
Realty One Group At The Beach, Newport
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,333
Avg. Annual Appreciation
7.41%
Original Mortgage
$311,500
Outstanding Balance
$282,297
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$350,370
Purchase Details
Listed on
Jun 7, 2020
Closed on
Jun 30, 2020
Sold by
Hanwet Pari Chart and Chart Carroll Pari
Bought by
Carroll George Thomas
Seller's Agent
Julie Carroll
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Shelli Neal
Realty One Group At The Beach, Newport
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Outstanding Balance
$282,297
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$350,370
Purchase Details
Closed on
Apr 9, 2015
Sold by
Miller Frank J
Bought by
Carroll George Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,050
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2009
Sold by
Miller Frank J
Bought by
Miller Frank J and Frank J Miller Trust
Purchase Details
Closed on
Aug 13, 2008
Sold by
Miller Frank J
Bought by
Miller Frank J
Purchase Details
Closed on
May 7, 2007
Sold by
Wagener Scott E and Wagener Maria G
Bought by
Miller Frank J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2005
Sold by
Lynch Jon
Bought by
Wagener Scott E and Wagener Maria G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.6%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Neely Mark S | $445,000 | Western Title & Escrow | |
| Carroll George Thomas | -- | Western Title & Escrow | |
| Carroll George Thomas | $244,500 | Western Title & Escrow | |
| Miller Frank J | -- | None Available | |
| Miller Frank J | -- | None Available | |
| Miller Frank J | -- | None Available | |
| Miller Frank J | $335,000 | Western Title & Escrow Co | |
| Wagener Scott E | $250,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Neely Mark S | $311,500 | |
| Previous Owner | Carroll George Thomas | $220,050 | |
| Previous Owner | Miller Frank J | $234,500 | |
| Previous Owner | Wagener Scott E | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2020 07/17/20 | Sold | $445,000 | -0.9% | $149 / Sq Ft |
| 06/10/2020 06/10/20 | Pending | -- | -- | -- |
| 06/07/2020 06/07/20 | For Sale | $449,000 | -- | $150 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Tax History Compared to Growth
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 | $5,130 | $284,300 | -- | -- |
| 2023 | $5,009 | $276,020 | $0 | $0 |
| 2022 | $4,855 | $267,990 | $0 | $0 |
| 2021 | $4,771 | $260,190 | $0 | $0 |
| 2020 | $4,658 | $252,620 | $0 | $0 |
| 2019 | $4,458 | $245,270 | $0 | $0 |
| 2018 | $4,321 | $238,130 | $0 | $0 |
| 2017 | $4,283 | $231,200 | $0 | $0 |
| 2016 | $4,192 | $224,470 | $0 | $0 |
| 2015 | $3,887 | $217,940 | $0 | $0 |
| 2014 | $3,447 | $191,990 | $0 | $0 |
| 2013 | -- | $211,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2020
Julie Carroll
Ocean Equity Real Estate & Investments, LLC
-
S
Buyer's Agent in 2020
Shelli Neal
Realty One Group At The Beach, Newport
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 20-1109
APN: R49537
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