NOT LISTED FOR SALE

Estimated Value: $343,000 - $427,000

2 Beds
1 Bath
744 Sq Ft
$519/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $70,100 $94 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $2,404/month

9 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Zoned Cooling
  • 2-minute walk to Agate Beach State Recreation Site

About This Home

As of March 2018

Fixer in central Newport location, west side of Highway 101 near county court house. 744 sq. ft., 2 Bedrooms, 1 bath on oversized lot. Being sold AS IS. See attachment for PAS requirements and WFHM offer submittal information. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted off), please call: 1-877-617-5274. Offers will not be considered until seven (7) calendar days after initial listing period begins. Only offers from buyers utilizing federal funds under the Neighborhood Stabilization Program (NSP), municipalities, non-profit organizations and owner-occupants will be considered during the eighth (8th) through the fifteenth (15th) calendar days after the initial listing date. Seller will consider all offers from all buyers beginning on the sixteenth (16th) calendar day following initial listing date.

Last Agent to Sell the Property

Mary McDonald

Lincoln City Realty, LLC Brokerage Email: linda@lincolncityrealty.net License #971000044 Listed on: 01/31/2018

Last Buyer's Agent

Linda Roy

Lincoln City Realty, LLC License #201205388

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is zoned R-4 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • Nye & Thompson Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 10
  • Assessor Parcel Number 11-11-08-BA-12600

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Lot Size: 50x125
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: Nye & Thompson
  • Directions: Highway 101 to West on Olive, left of SW Lee to property on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1952
  • Attribution Contact: linda@lincolncityrealty.net
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.14
  • Location Tax and Other Information:Tax Lot: 12600
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 50x125
  • Location Tax and Other Information:Subdv ParcelLot: 10
  • General Property Description:Property Sub-Type: Single Family Residence
  • Foundation:Block2: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Total Bedrooms: 2

Exterior Features

  • View: None
  • Roof: Composition
  • Water On Property: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: On Property
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11-11-08-BA-12600
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2057.99
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Grimstad Richard
Bought by
Grimstad Richard and Grimstad Lori Luann
Current Estimated Value
$386,200

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 28, 2018
Sold by
Wells Fargo Bank Na
Bought by
Grimstad Richard
Seller's Agent
Mary McDonald
Lincoln City Realty, LLC
Buyer's Agent
Linda Roy
Lincoln City Realty, LLC
List Price
$59,900
Sold Price
$70,100
Premium/Discount to List
$10,200
17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.17%

Purchase Details

Closed on
Oct 5, 2017
Sold by
Mayfield Emeralde I and Barlet Emerald I
Bought by
Wells Fargo Bank Na
Source: Public Records

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Range of Values:

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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
Grimstad Richard -- None Listed On Document
Grimstad Richard $70,100 None Available
Wells Fargo Bank Na $78,233 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayfield Emerald I $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $70,100 +17.0% $94 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $59,900 -- $81 / 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 $3,033 $168,080 -- --
2023 $2,962 $163,190 $0 $0
2022 $2,870 $158,440 $0 $0
2021 $2,821 $153,830 $0 $0
2020 $2,754 $149,350 $0 $0
2019 $2,636 $145,000 $0 $0
2018 $2,121 $116,890 $0 $0
2017 $2,102 $113,490 $0 $0
2016 $2,058 $110,190 $0 $0
2015 $1,908 $106,990 $0 $0
2014 $1,865 $103,880 $0 $0
2013 -- $100,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 18-260

APN: R291157