305 SW 9th St Newport, OR 97365
Estimated Value: $367,000 - $544,000
3
Beds
2
Baths
2,072
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating System
- Wood Flooring
- Fireplace
- 4-minute walk to Lost Creek State Park
About This Home
As of December 2022Welcome to the confluence of location and opportunity. This commercially zoned property is currently being used as a residential rental. Located on a corner lot across the street from the Newport Farmers Market, sandwiched between Bier One & La Maison Cafe. Opportunities like this one are rare. Price reflects that the property needs a little TLC but the potential is endless. Unfinished basement with BONUS room that could easily be converted to a 4th bedroom with separate entrance. Ample parking on property and on the street. Zoning allows for many uses so bring your imagination and start your next chapter on the Oregon Coast!
Last Agent to Sell the Property
Coldwell Banker Professional Group - Newport License #201234803 Listed on: 11/04/2022
Co-Listed By
Kyle Kennedy
Coldwell Banker Professional Group - Newport License #201248528
Last Buyer's Agent
Out of Area
OUT OF AREA
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,416
Year Built
- Built in 1910
Lot Details
- 4,792 Sq Ft Lot
- Property is zoned C-1 Commercial
Home Design
- Traditional Architecture
- Composition Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,072 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Flooring
- Natural lighting in basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Garage
- Carport
Utilities
- Forced Air Heating System
- Electricity To Lot Line
- Natural Gas Not Available
- Water Heater
Community Details
- No Home Owners Association
- Bayley And Case's Subdivision
Listing and Financial Details
- Tax Lot 14100
- Assessor Parcel Number 111108BD-14100-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2022
Closed on
Dec 16, 2022
Sold by
Loyal Brooks Trust
Bought by
Weber John F
Seller's Agent
Ashley Kennedy
Coldwell Banker Professional Group - Newport
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$359,900
Sold Price
$326,000
Premium/Discount to List
-$33,900
-9.42%
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
$96,483
Avg. Annual Appreciation
9.78%
Purchase Details
Closed on
Jan 24, 2014
Sold by
Brooks Loyal
Bought by
Brooks Loyal and Loyal Brooks Trust
Purchase Details
Closed on
Jan 10, 2005
Sold by
Brooks Loretta M
Bought by
Brooks Loyal
Similar Homes in Newport, OR
-
$325,000
- 3 Beds
- 1 Bath
- 995 Sq Ft
- 118 SW Brook St
- Newport, OR
Investor alert in prime Nye Beach location! Zoned R4, this 0.14-acre lot offers development potential—build a motel, lodge, clinic, office, or multi-unit housing. The current 3 bed, 1 bath home uses half the lot—develop the other half or expand upward to capture the ocean views. Enclose the unfinished basement for added living space or rebuild the detached garage for storage or ADU potential.
Gina Bebek Realty One Group At The Beach
-
$525,000
- 3 Beds
- 2 Baths
- 1,020 Sq Ft
- 433 NW Hurbert St
- Newport, OR
Amazing opportunity to own a home with an Additional unit in Beautiful Nye Beach. Walk to the Pacific Ocean, crab in the bay, enjoy great shopping and restaurants all within walking distance. This home will have you enjoying all of the best things Newport has to offer. Home includes 2 units: a 784 sq ft house and a cute 256 sq ft ADU. Live in one and use the other for a family member or guests.
Lila Timmons NextHome Picket Fence Realty
-
$529,000
- 3 Beds
- 2 Baths
- 1,532 Sq Ft
- 665 NW Nye St
- Newport, OR
Get yourself a dreamy coastal home just a short walk from the beach! This light and bright, beautifully updated home is located in a quaint neighborhood with an easy, low-maintenance yard; perfect for entertaining. Open and spacious with 3 bedrooms, 2 baths and an upper bonus room that could be a 4th bedroom. Excellent kitchen for cooking and entertaining with quartz countertops, ample cabinets
Freeman Corbin Hybrid Real Estate
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weber John F | $326,000 | Western Title | |
| Brooks Loyal | -- | None Available | |
| Brooks Loyal | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $326,000 | -9.4% | $157 / Sq Ft |
| 12/03/2022 12/03/22 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $359,900 | -- | $174 / 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 | $2,598 | $143,980 | -- | -- |
| 2023 | $2,537 | $139,790 | $0 | $0 |
| 2022 | $2,459 | $135,720 | $0 | $0 |
| 2021 | $2,416 | $131,770 | $0 | $0 |
| 2020 | $2,359 | $127,940 | $0 | $0 |
| 2019 | $2,258 | $124,220 | $0 | $0 |
| 2018 | $2,189 | $120,610 | $0 | $0 |
| 2017 | $2,169 | $117,100 | $0 | $0 |
| 2016 | $2,123 | $113,690 | $0 | $0 |
| 2015 | $1,969 | $110,380 | $0 | $0 |
| 2014 | $1,924 | $107,170 | $0 | $0 |
| 2013 | -- | $104,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Kennedy
Seller's Agent in 2022
Ashley Kennedy
Coldwell Banker Professional Group - Newport
(541) 921-2886
51 Total Sales
-
K
Seller Co-Listing Agent in 2022
Kyle Kennedy
Coldwell Banker Professional Group - Newport
-
O
Buyer's Agent in 2022
Out of Area
OUT OF AREA
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 22-2299
APN: R170872
Nearby Homes
- 449 SW 10th St
- 1112 SW Hurbert St Unit 3
- 443 SW 7th St
- 143 SW Coast Hwy
- 0 SW Bay Blvd
- 538 SW Coast Hwy
- 5900 Tl Sw 12th St
- 5900-6100 T L Sw 12th St
- 130 SW Brook St
- 118 SW Brook St
- 837-855 SW Bay Blvd
- 7 N Coast Hwy
- T/L 5700 SW 9th St
- 17 N Coast Hwy
- 1223 SW Abbey St
- 2 N Coast Hwy
- 18 N Coast Hwy
- 24 N Coast Hwy
- 80 N Coast Hwy
- 92 N Coast Hwy