NOT LISTED FOR SALE

355 NE 9th St Newport, OR 97365

Estimated Value: $427,000 - $482,000

3 Beds
2 Baths
1,312 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $399,000 $304 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,706/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Dining Room
  • No HOA
  • Tile Flooring
  • 2 Car Garage

About This Home

As of March 2023

This home is tucked away in a quiet neighborhood and situated on a dead-end street. It is close to the ocean and the bay front area. Centrally located for shopping, schools and recreation. The house has been newly painted inside and out within the past year. The roof, siding and deck are all in very good condition. This home has a gas tankless water heater, radiant heat plus a gas fireplace. A delightful, good looking and well maintained, home that is ''Move-In Ready'' and just waiting for a new owner.

Last Agent to Sell the Property

Wendy Becker

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201239244 Listed on: 02/22/2023

Last Buyer's Agent

Michael Kessinger

OPT License #201208522

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1979

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50' x 100'
  • Property is zoned R-2 Residential

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Phelps Newport Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111105DB-9602-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,136

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50' X 100'
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Gravel
  • Subdivision Name: Phelps - Newport
  • Directions: Hwy 101, East on NE 8th, North on NE Douglas, left on NE 9th, House on immediate right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1979
  • Attribution Contact: (541) 265-2200
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Window Features: Window Treatments

Exterior Features

  • Waterfront: No
  • Construction Type: T1-11 Type
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105DB-9602-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 3135.63
  • Tax Lot: 9602
  • Tax Map Number: 111105DB
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 30, 2023
Sold by
Jacobson Michael Marc
Bought by
Smithies John M and Smithies Jennifer
Seller's Agent
Wendy Becker
Advantage Real Estate
Buyer's Agent
Michael Kessinger
OPT
List Price
$411,000
Sold Price
$399,000
Premium/Discount to List
-$12,000
-2.92%
Current Estimated Value
$452,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,426
Avg. Annual Appreciation
4.73%
Original Mortgage
$89,376
Outstanding Balance
$86,468
Interest Rate
6.32%
Estimated Equity
$365,958

Purchase Details

Listed on
Apr 22, 2016
Closed on
Feb 16, 2017
Sold by
Weaver Timothy A and Weaver Lorraine H
Bought by
Jacobson Michael Marc
Seller's Agent
Rick Wright
S & W REAL ESTATE
Buyer's Agent
Katherine Kier
Advantage Real Estate
List Price
$239,000
Sold Price
$227,500
Premium/Discount to List
-$11,500
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$157,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Weaver Timothy A
Bought by
Weaver Timothy A and Weaver Lorraine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2010
Sold by
Raskauskas Stanley W and Raskauskas Sally
Bought by
Larsen Jerry and Larsen Cathleen E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Smithies John M $399,000 Western Title
Jacobson Michael Marc $227,500 Western Title & Escrow
Weaver Timothy A -- Wte
Larsen Jerry $7,200 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smithies John M $89,376
Previous Owner Jacobson Michael Marc $157,500
Previous Owner Weaver Timothy A $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $399,000 -2.9% $304 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $411,000 +80.7% $313 / Sq Ft
02/17/2017 02/17/17 Sold $227,500 -4.8% $173 / Sq Ft View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $239,000 -- $182 / 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 $3,948 $220,680 -- --
2024 $3,866 $214,260 -- --
2023 $3,775 $208,020 $0 $0
2022 $3,136 $173,080 $0 $0
2021 $3,081 $168,040 $0 $0
2020 $3,008 $163,150 $0 $0
2019 $3,360 $184,840 $0 $0
2018 $3,257 $179,460 $0 $0
2017 $3,228 $174,240 $0 $0
2013 -- $154,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-98093

Oregon Coast Multiple Listing Service

APN: R139596