NOT LISTED FOR SALE

303 NE 2nd St Newport, OR 97365

Estimated Value: $357,000 - $431,000

0.11 Acre
$3,536,164 Price per Acre
4,792 Sq Ft Lot

Last Sold October 14, 2020

Last sale price $220,000

Est. 77% increase in value since last sale

Current estimated payment $2,251/month

18 Days on Market

About This Lot

As of October 2020

Corner lot in NE Newport! R3 zoning, level topography, and a convenient location close to stores, Hwy 101 and Hwy 20. Walk to schools
and recreational activities. All city services at street. To be sold together or after the house next door at 311 NE 2nd St (MLS 20-1421).

Last Agent to Sell the Property

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892 Listed on: 07/10/2020

Co-Listed By

Brodie Becksted

Equity Plus Real Estate License #200302191

Last Buyer's Agent

David Adolf

Realty One Group At The Beach, Newport License #201210041

Realty One Group At The Beach, Newport

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $875

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 48 x 100
  • Level Lot
  • Property is zoned R-3 Residential

Additional Features

  • Mobile Home Allowed
  • Gas Available at Street

Community Details

  • No Home Owners Association
  • Fredericksburg Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111108AB-1900-00

Property Details

Property Type

Land

Est. Annual Taxes

$875

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 48 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Fredericksburg
  • Directions: Hwy 101 in Newport, East on NE 2nd to property on left.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 4800
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1900
  • Miscellaneous Survey: Recorded
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 48 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • Electric:None5: Yes
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: At Street

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108AB-1900-00
  • Zoning: R-3 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 874.72
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 30, 2020
Sold by
Macdonald Daniel
Bought by
Calderon Refugio Islas
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
David Adolf
Realty One Group At The Beach, Newport
List Price
$75,000
Sold Price
$220,000
Premium/Discount to List
$145,000
193.33%
Current Estimated Value
$388,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,978
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Kennan Suzanne B R
Bought by
Kennan Suzanne Bette Raw and Suzanne Bette Rae Kennan Trust
Source: Public Records

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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
Calderon Refugio Islas $220,000 Western Title & Escrow
Kennan Suzanne Bette Raw -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $220,000 +193.3% --
07/29/2020 07/29/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $75,000 -- --
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 $1,006 $55,760 $55,760 --
2023 $983 $54,140 $0 $0
2022 $952 $52,570 $0 $0
2021 $936 $51,040 $0 $0
2020 $914 $49,560 $0 $0
2019 $875 $48,120 $0 $0
2018 $848 $46,720 $0 $0
2017 $840 $45,360 $0 $0
2016 $823 $44,040 $0 $0
2015 $763 $42,760 $0 $0
2014 $746 $41,520 $0 $0
2013 -- $40,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

  • Brodie Becksted

    Seller Co-Listing Agent in 2020

    Brodie Becksted

    Equity Plus Real Estate

    (541) 270-2484

    229 Total Sales

    Brodie Becksted
    Section Image
  • David Adolf

    Buyer's Agent in 2020

    David Adolf

    Realty One Group At The Beach, Newport

    (509) 981-8685

    44 Total Sales

    David Adolf
    Section Image
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Map

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

MLS Number: 20-1425

APN: R54250

Oregon Lincoln County Newport 97365

303 NE 2nd St, Newport, OR

This home is located at 303 NE 2nd St, Newport, OR 97365 since 10 July 2020 and is currently estimated at $388,978. 303 NE 2nd 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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