425 NW 5th St Newport, OR 97365
Nye Beach Neighborhood
3
Beds
4
Baths
1,562
Sq Ft
2,614
Sq Ft Lot
Highlights
- Ocean View
- Deck
- Traditional Architecture
- New Construction
- Vaulted Ceiling
- 4-minute walk to Literacy Park
About This Home
As of November 2024Welcome to 425 NW 5th Street, a stunning new construction set to be completed in September 2024, offering the perfect blend of coastal elegance and modern convenience. This beautiful home features three bedrooms, 3.5 bathrooms, and spans 1,562 square feet, complete with a single-car garage. Located just five blocks from beach access and three blocks from the charming Historic Nye Beach District, this residence promises an unparalleled coastal lifestyle. Step inside to discover two bedrooms on the main living space, while the ground level boasts a versatile suite with separate access—an ideal setup for a guest suite, ADU space, or home office. This suite includes a kitchenette, private bathroom, and outdoor patio area. The kitchen is outfitted with stainless steel appliances, including a stove, microwave, and dishwasher, complemented by onyx black painted cabinets and quartz slab countertops. Milgard windows throughout ensure abundant natural light and energy efficiency. Relax and entertain on two expansive covered Trex decksone off the living room and another off the master suiteboth offering stunning ocean views. The main living areas feature waterproof laminate flooring, while Luxury Vinyl Tile graces the bathrooms and plush carpeting adorns the upstairs bedrooms. Additional amenities include a gas furnace, stove, and tankless water heater for comfort and efficiency, as well as matte black fixtures that add a touch of sophistication. Enjoy peace of mind with a one-year builder warranty and the added versatility of a two-story accessory building on the lot. Experience the ultimate coastal lifestyle just moments from miles of sandy beaches, eclectic shops, and renowned restaurants. Embrace luxury living in a brand-new home designed for comfort, style, and convenience. Don't miss the opportunity to make 425 NW 5th Street your new addressschedule your private showing today and envision the possibilities of life by the sea.
Last Agent to Sell the Property
Coldwell Banker Professional Group - Lincoln City License #201231711
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,237
Year Built
- Built in 2024 | New Construction
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 30x90
- Property is zoned R-4 Residential
Parking
- 1 Car Attached Garage
Home Design
- Traditional Architecture
- Composition Roof
- HardiePlank Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,562 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Living Room
- Dining Room
- Utility Room
- Ocean Views
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Outdoor Features
- Deck
- Patio
- Shed
Utilities
- Forced Air Cooling System
- Electricity To Lot Line
- Tankless Water Heater
Community Details
- No Home Owners Association
- Rhododendron Park Blk Subdivision
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 111105CD-9500-00
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $632,000 | -1.2% | $405 / Sq Ft |
| 07/16/2024 07/16/24 | For Sale | $639,500 | -- | $409 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
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 | $1,267 | $70,200 | -- | -- |
| 2023 | $1,237 | $68,160 | $0 | $0 |
| 2022 | $1,199 | $66,180 | $0 | $0 |
| 2021 | $1,178 | $64,260 | $0 | $0 |
| 2020 | $1,150 | $62,390 | $0 | $0 |
| 2019 | $1,101 | $60,580 | $0 | $0 |
| 2018 | $1,067 | $58,820 | $0 | $0 |
| 2017 | $1,058 | $57,110 | $0 | $0 |
| 2016 | $1,036 | $55,450 | $0 | $0 |
| 2015 | $1,525 | $85,530 | $0 | $0 |
| 2014 | $1,491 | $83,040 | $0 | $0 |
| 2013 | -- | $80,630 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $399,000 | New Conventional | |
| Previous Owner | $505,600 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Closed | $100,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $599,000 | First American Title | |
| Warranty Deed | $632,000 | Western Title | |
| Warranty Deed | $632,000 | Western Title | |
| Warranty Deed | $269,000 | None Listed On Document |
Source: Public Records
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Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 24-1596
APN: R314849
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