NOT LISTED FOR SALE

Estimated Value: $432,000 - $691,000

4 Beds
2 Baths
1,546 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $319,000 $206 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,696/month

35 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Vaulted Ceiling
  • Den

About This Home

As of August 2014

Stunning Bay/Bridge/peak of the Ocean Views ...walk down to the boardwalk and enjoy the boats, restaurants, galleries and shops along the Newport Bayfront. Charming Cape Cod Home with Beautiful deck and fenced yard, 4 bedroom 2 bath, shop and shed. Plenty of parking space for a boat or extra friends or build an over-sized garage!

Last Agent to Sell the Property

Deanna Tacchini

Windermere West Coast Properties Listed on: 06/11/2014

Last Buyer's Agent

Steve Lovas

Windermere West Coast Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Irregular Lot
  • Property is zoned R-2 Residential

Property Views

  • Ocean
  • Bay

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Den
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Shop

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • Tax Lot 1 & 2 PTNS of Vacant
  • Assessor Parcel Number 111108AD-1600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,847

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.15
  • Lot Size: 60 x 100
  • Lot Size Sq Ft: 6534.0
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: Hwy 20 from Newport turn on John More Rd to the Bay. Turn right onto 4th St and right onto Fogarty to the address.
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built: 1940
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.15
  • Location Tax and Other Information:Tax Lot: 1600
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 60 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 1 & 2 PTNS of Vacant
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Alternate Heat:None7: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • DeckPatio:Covered Porch: Yes
  • DeckPatio:Patio: Yes
  • Siding:Vinyl: Yes
  • Miscellaneous Possession: NEGO
  • External Features:Roof: Composition
  • External Features:Siding: Vinyl
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck and Patio
  • External Features:Outbuildings: Shop
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Bay
  • Foundation Details: Cont/Con
  • Other Structures: Shop, Shed
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108AD-1600-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2846.6
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jul 10, 2014
Sold by
Butcher Ray L and Butcher Janice M
Bought by
Parks Robert E and Parks Debra Rae
Seller's Agent
Deanna Tacchini
Windermere West Coast Properties
Buyer's Agent
Steve Lovas
Windermere West Coast Properties
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$602,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,745
Avg. Annual Appreciation
6.16%
Original Mortgage
$100,000
Outstanding Balance
$77,161
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$532,377
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
Parks Robert E $319,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Robert E $100,000
Previous Owner Butcher Janice M $203,213
Previous Owner Butcher Ray L $224,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $319,000 0.0% $206 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $319,000 -- $206 / 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 $4,053 $224,610 -- --
2023 $3,958 $218,070 $0 $0
2022 $3,836 $211,720 $0 $0
2021 $3,769 $205,560 $0 $0
2020 $3,680 $199,580 $0 $0
2019 $3,522 $193,770 $0 $0
2018 $3,414 $188,130 $0 $0
2017 $3,384 $182,660 $0 $0
2016 $3,312 $177,340 $0 $0
2015 $3,071 $172,180 $0 $0
2014 $3,002 $167,170 $0 $0
2013 -- $162,310 $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: 14-1622

APN: R451335