NOT LISTED FOR SALE

338 SW Woods St Newport, OR 97365

Estimated Value: $391,000

16 Beds
8 Baths
7,616 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $1,150,000 $151 Per Sq Ft

Current estimated payment $2,055/month

112 Days on Market

Highlights

  • RV Access or Parking
  • Carpet
  • 1-minute walk to Ocean Shore State Recreation Area
  • No HOA
  • Heating Available

About This Home

As of January 2021

Newport 8 Plex coastal investment with many investment opportunities. Just across the street from oceanfront and miles of sandy beaches. This property has been established as 8 condominiums all on their own tax lots. Currently grossing $101,400 each 2 bed 1 bath unit is on individual electric meter with 1 water meter. Close to the historic Nye Beach area restaurants and shops. **Shown by appointment only**

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 06/30/2020

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Fallback agent

Fall Back Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,749

Year Built

  • Built in 1972

Lot Details

  • 0.38 Acre Lot

Parking

  • RV Access or Parking

Home Design

  • 7,616 Sq Ft Home
  • Built-Up Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating Available
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 111108BC-90001-00

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Elizabeth Shores Condo Subdivision

Building Details

  • Operating Expense $15,447
  • Gross Income $101,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,749

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552.8
  • Road Surface Type: Paved
  • Co List Office Mls Id: TAY
  • Subdivision Name: Elizabeth Shores Condo
  • Directions: Highway 101 to W Olive St. W Olive St. to SW Elizabeth St. SW Elizabeth St. to SW Woods.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Total Bedrooms: 16
  • Flooring: Carpet, Vinyl
  • Window Features: Window Treatments

Exterior Features

  • Waterfront: No
  • Construction Type: Concrete
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Other Structures: None
  • Roof: Built-Up

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 13.0

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BC-90001-00
  • Zoning: R-4 Residential

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 101400.0
  • Annual Operating Expense: 15447.01

Tax Info

  • Tax Annual Amount: 9749.2
  • Tax Lot: 90001
  • Tax Map Number: 11118BC
  • Tax Year: 2020

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $1,150,000 -3.8% $151 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $1,195,000 -- $157 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 -- -- -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2021

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    625 Total Sales

    Dennis Regen
    Section Image
  • Korey Hazard

    Seller Co-Listing Agent in 2021

    Korey Hazard

    Taylor & Taylor Realty Company

    (541) 961-7519

    311 Total Sales

    Korey Hazard
    Section Image

  • F

    Buyer's Agent in 2021

    Fallback agent

    Fall Back Office

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-90311

Oregon Coast Multiple Listing Service

APN: R501731

Oregon Lincoln County Newport 97365

338 SW Woods St, Newport, OR

Not Listed for Sale

MultiFamily

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