NOT LISTED FOR SALE

261 NE 17th Ct Newport, OR 97365

Estimated Value: $436,000 - $479,000

3 Beds
1 Bath
1,320 Sq Ft
$348/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $198,000 $150 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,793/month

52 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Living Room
  • No HOA
  • 1 Car Attached Garage
  • Shed

About This Home

As of February 2024

**Investor Special**Are you ready to roll up your sleeves and transform a hidden treasure into a coastal gem? This revamp-ready home is situated in the heart of Newport, offering a canvas for endless possibilities. With a little TLC and your personal touch, this property could become your ideal investment OR future residence. Don't miss this incredible opportunity to craft your dream coastal home! Being offered AS-IS Cash offers only..

Last Agent to Sell the Property

Ashley Kennedy

Coldwell Banker Professional Group - Newport License #201234803 Listed on: 12/11/2023

Coldwell Banker Professional Group - Newport

Last Buyer's Agent

Blair Belloni

Emerald Coast Realty - Seal Rock License #201210145

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1974

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned C-2 General Commercial

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Utility Room
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Shed

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3603
  • Assessor Parcel Number 111105AB-3603-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,287

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: From Hwy 101, go East on NE 17th between Sea Towne shopping center and Mini Pet Mart, the home is on N side of 17th which dead ends.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1974
  • 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:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3603
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.25
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:T1-11: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Other, Carpet

Exterior Features

  • View: None
  • Foundation Details: Slab
  • Other Structures: Shed
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105AB-3603-00
  • Zoning: C-2 General Commercial

Tax Info

  • Tax Annual Amount: 3286.7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Rjjl Llc
Bought by
Thomas Matthew and Thomas Katrina
Current Estimated Value
$459,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Outstanding Balance
$464,477
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$5,612

Purchase Details

Listed on
Dec 11, 2023
Closed on
Feb 22, 2024
Sold by
Ward Brendan and Dodge Natasha A
Bought by
Rjjl Llc
Seller's Agent
Ashley Kennedy
Coldwell Banker Professional Group - Newport
Buyer's Agent
Blair Belloni
Emerald Coast Realty - Seal Rock
List Price
$299,000
Sold Price
$198,000
Premium/Discount to List
-$101,000
-33.78%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.12%

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 8, 2015
Sold by
Anderson Barry C and Anderson Karen A
Bought by
Ward Brendan and Dodge Natasha A
Seller's Agent
Rick Wright
S & W REAL ESTATE
Buyer's Agent
Diana Abbott
Windermere West Coast Properties
List Price
$199,000
Sold Price
$180,500
Premium/Discount to List
-$18,500
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$177,230
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Matthew $475,000 Western Title
Rjjl Llc $198,000 Western Title
Ward Brendan $180,500 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Matthew $466,396
Previous Owner Ward Brendan $177,230
Previous Owner Anderson Barry C $118,000
Previous Owner Anderson Karen A $79,495
Previous Owner Anderson Barry C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $198,000 -28.0% $150 / Sq Ft
01/29/2024 01/29/24 Price Changed $275,000 -3.2% $208 / Sq Ft
01/27/2024 01/27/24 Price Changed $284,050 -5.0% $215 / Sq Ft
12/11/2023 12/11/23 For Sale $299,000 +65.7% $227 / Sq Ft
10/09/2015 10/09/15 Sold $180,500 -9.3% $137 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $199,000 -- $151 / 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 $3,473 $192,460 -- --
2023 $3,391 $186,860 $0 $0
2022 $3,287 $181,420 $0 $0
2021 $3,230 $176,140 $0 $0
2020 $3,153 $171,010 $0 $0
2019 $3,018 $166,030 $0 $0
2018 $2,925 $161,200 $0 $0
2017 $2,899 $156,510 $0 $0
2016 $2,728 $146,070 $0 $0
2015 $2,630 $147,480 $0 $0
2014 $2,656 $147,910 $0 $0
2013 -- $127,250 $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: 23-2236

APN: R354440