NOT LISTED FOR SALE

Estimated Value: $490,000 - $605,000

3 Beds
2 Baths
1,468 Sq Ft
1,089 Sq Ft Lot

Last Sold November 02, 2018

Last sale price $260,000 $177 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,652/month

64 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Patio

About This Home

As of November 2018

Nestled on the South Side of the Jetty, this property offers ever-changing views of the Pacific Ocean, plus the Yaquina Bay, the bridge and the Jetty. Abutting State Park land, there are only sea grass covered sand dunes between you and the fishing boats and pleasure craft moving along the Jetty to the Harbor or the Ocean. This condo is close to fishing, surfing, kite-flying and long walks on the beach. Close to Newport's Bay-front, restaurants and shops. Great Deal for Buyers, ''sellers will pay up to $3,000 towards HOA fees''.

Last Agent to Sell the Property

Cheryl Swan-Agent- Newport, Oreg

Martek Real Estate Brokerage Phone: 541-265-8785 License #980100072 Listed on: 07/31/2018

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1994

Lot Details

  • 1,089

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 111117CA-90004-00

Community Details

Overview

  • No Home Owners Association
  • Emerald Bay Estates Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,001

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: Emerald Bay Estates Condo
  • Directions: South from Newport on Hwy. 101 across Yaquina Bay Bridge. Make first right turn (before stoplight) and then left on 27th to Brandt. Left on Brandt to 29th, then right to address.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 1994
  • Attribution Contact: 541-265-8785
  • 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: Ocean
  • General Property Description:Secondary View: Bay
  • Location Tax and Other Information:Tax Lot: 00
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Location Tax and Other Information:Subdv ParcelLot: D
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Siding:Hardi Plank: Yes
  • DeckPatio:Deck and Patio: Yes
  • Miscellaneous Possession: CAP
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association: No

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly

Lot Info

  • Parcel #: 111117CA-90004-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 5000.53
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Tim Cecil
Bought by
Fermier Robert and Fermier Elise Martin
Total Days on Market
64
Current Estimated Value
$561,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Outstanding Balance
$413,096
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$187,394

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 25, 2018
Sold by
Brim Richard and Brim Judy
Bought by
Cecil Tim and Cecil Amy
Seller's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$343,900
Sold Price
$260,000
Premium/Discount to List
-$83,900
-24.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$208,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2007
Sold by
Murphy Thomas A and Murphy Karel J H
Bought by
Brim Richard and Brim Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2006
Sold by
Vista View Development Llc
Bought by
Lieb Stephen Michael and Lieb Ellen G
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
Fermier Robert $575,000 Western Title
Cecil Tim $260,000 Western Title & Escrow
Brim Richard $455,000 Western Title & Escrow Co
Lieb Stephen Michael $685,437 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fermier Robert $431,250
Previous Owner Cecil Tim $208,000
Previous Owner Brim Richard $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $260,000 -24.4% $177 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $343,900 -- $234 / 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 $5,990 $331,940 -- $331,940
2023 $5,849 $322,280 $0 $0
2022 $5,669 $312,900 $0 $0
2021 $5,571 $303,790 $0 $0
2020 $5,439 $294,950 $0 $0
2019 $5,205 $286,360 $0 $0
2018 $5,045 $278,020 $0 $0
2017 $5,001 $269,930 $0 $0
2016 $4,895 $262,070 $0 $0
2015 $4,538 $254,440 $0 $0
2014 $4,436 $247,030 $0 $0
2013 -- $239,840 $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: 17-2912

APN: R505461