NOT LISTED FOR SALE

375 SE Scenic Loop Newport, OR 97365

Estimated Value: $140,382 - $210,000

0.2 Acre
$888,970 Price per Acre
8,712 Sq Ft Lot

Last Sold November 12, 2015

Last sale price $43,000

Est. 313% increase in value since last sale

Current estimated payment $1,048/month

392 Days on Market

About This Lot

As of November 2015

Fantastic Development of Newer Homes! This large lot has already had some preparation for a homesite completed. Close to the activity of the Bayfront and views of Yaquina Bay. Think of the potential! Two tax lots equaling .42 of an acre, OR: could be sold individually for $25,000 each.

Last Agent to Sell the Property

Diana Abbott

Windermere West Coast Properties Listed on: 07/11/2014

Last Buyer's Agent

Diana Abbott

Windermere West Coast Properties Listed on: 07/11/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $531

Lot Details

  • Sloped Lot
  • Property is zoned R-4 Residential

Additional Features

  • Bay Views
  • Natural Gas Not Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 4, 5
  • Assessor Parcel Number 111109BC-400-00

Community Details

Overview

  • No Home Owners Association
  • Yaquina Knoll Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$531

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size: .42
  • Road Surface Type: Paved
  • Subdivision Name: Yaquina Knoll
  • Directions: East on Hwy. 20 from Newport, right on John Moore Rd., left on Spruce Way, right on Scenic Loop.
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 0
  • Miscellaneous Survey: No
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Sewer:City Street2: Yes
  • General Property Description:Lot Dimensions: .42
  • Location Tax and Other Information:Subdv ParcelLot: 4, 5
  • Miscellaneous Cable T V: Avail
  • Special Features: None

Exterior Features

  • View: Bay

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: At Street

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111109BC-400-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 530.53
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Mcentee Celeste
Bought by
Wilson Mark W and Wilson Denise L
Current Estimated Value
$177,794

Purchase Details

Closed on
Feb 26, 2009
Sold by
Excelsior Mortgage Equity Fund Ii Llc
Bought by
Mckeen Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,500
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2007
Sold by
Vocque Linda
Bought by
Roberts Kent B and Roberts Lori S

Purchase Details

Closed on
Jun 29, 2006
Sold by
New Port Iii Llc
Bought by
Advocate Group Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2006
Sold by
Thornton Robert E
Bought by
New Port Iii Llc

Purchase Details

Closed on
Aug 12, 2005
Sold by
Ross Investments Inc
Bought by
Thornton Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving
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
Wilson Mark W $150,000 Frontier Title & Escrow
Mckeen Charles E $227,575 Multiple
Roberts Kent B $168,000 Wte
Advocate Group Enterprises Llc $240,000 First American Title Ins Co
New Port Iii Llc $55,000 First American Title Ins Co
New Port Iii Llc $55,000 First American Title Ins Co
Thornton Robert E $35,000 Western Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckeen Charles E $654,500
Previous Owner Advocate Group Enterprises Llc $826,000
Previous Owner Thornton Robert E $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $43,000 -28.3% --
08/07/2015 08/07/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $60,000 -- --
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 $696 $38,590 $38,590 --
2023 $680 $37,470 $0 $0
2022 $659 $36,380 $0 $0
2021 $648 $35,330 $0 $0
2020 $614 $33,320 $0 $0
2019 $606 $33,320 $0 $0
2018 $623 $34,310 $0 $0
2017 $617 $33,320 $0 $0
2016 $617 $33,040 $0 $0
2015 $572 $32,080 $0 $0
2014 $559 $31,150 $0 $0
2013 -- $30,250 $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: 14-1968

APN: R500966