NOT LISTED FOR SALE

425 NW Brook St Unit 2 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $314,000 - $443,000

2 Beds
2 Baths
820 Sq Ft
$130/mo HOA Fee

Last Sold March 25, 2022

Last sale price $305,000 $372 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,269/month

124 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Zoned Cooling
  • Deck
  • Living Room
  • 3-minute walk to Literacy Park

About This Home

As of March 2022

PET FRIENDLY NYE BEACH AREA CONDO with OCEAN VIEWS! Enjoy all Newport has to offer from this newly UPDATED unit, centrally located with easy access to multiple BEACH ACCESSES, the trendy shops and restaurants in the Nye Beach District of Newport, and the Oregon Coast Bike Route. This adorable condo is the perfect place to enjoy the BEACH LIFE! Hang out on the OCEAN VIEW DECK overlooking white water views and the action of Nye Beach. Newly updated with high end finishes: hardwood floors, granite kitchen countertops, new LED light fixtures, all new interior paint, glass cinder block accents, and more! Brand new stainless refrigerator/freezer, and new range/double oven. LARGE BASEMENT for storage! Great condo complex with only 6 units. Low monthly dues of $130/month. BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892 Listed on: 02/19/2022

Co-Listed By

Brodie Becksted

Equity Plus Real Estate License #200302191

Last Buyer's Agent

Fiona Parsons

Parsons Properties License #850200012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1980

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 820 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Wood Flooring
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • No Water Heater

Listing and Financial Details

  • Tax Lot 90002
  • Assessor Parcel Number 111105CC-90002-00

Community Details

Overview

  • Paula Simpson Association
  • Brookview Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,104

Year Built

Built in 1980

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Gravel
  • Subdivision Name: Brookview Condo
  • Directions: Hwy 101 in Newport, West on NW 6th St. Left on Brook to property at end of cul-de-sac on the right. Park in #2 spot.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1980
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90002
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Water Heater: None
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Flooring:Wood3: Yes
  • Siding:Vinyl: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Flooring: Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Other
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Phone: Ask LA
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Paula Simpson
  • CondoAssociation:Assoc Contact Phone: Ask LA

Lot Info

  • Parcel #: 111105CC-90002-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2103.89
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 25, 2022
Sold by
Stephanie Faulkner
Bought by
Santos Christine and Oneill Jacob
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Fiona Parsons
Parsons Properties
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$360,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,794
Avg. Annual Appreciation
4.80%
Original Mortgage
$228,750
Outstanding Balance
$213,165
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$147,629

Purchase Details

Listed on
Jan 18, 2017
Closed on
Feb 8, 2017
Sold by
Carney Michael A
Bought by
Faulkner Stephanie
Seller's Agent
Patricia Patrick-Joling
Dolphin Real Estate, LLC
Buyer's Agent
Brenda Starr
Brenda Starr, RBN
List Price
$144,500
Sold Price
$135,000
Premium/Discount to List
-$9,500
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.26%

Purchase Details

Closed on
Feb 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Carney Michael A and Michael A Carney 401 K Profit Sharing Pl

Purchase Details

Closed on
Dec 2, 2010
Sold by
Broshot Madeline E
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 28, 2010
Sold by
Broshot Nancy Ellen and Broshot Madeline Elizabeth
Bought by
Broshot Nancy Ellen
Source: Public Records

Range of Values:

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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
Santos Christine $305,000 New Title Company Name
Santos Christine $305,000 New Title Company Name
Faulkner Stephanie $135,000 Western Title & Escrow
Carney Michael A $90,000 Service Link
Federal Home Loan Mortgage Corp $134,733 Wte
Broshot Nancy Ellen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Christine $228,750
Closed Santos Christine $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $305,000 0.0% $372 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $305,000 +125.9% $372 / Sq Ft
02/10/2017 02/10/17 Sold $135,000 -6.6% $165 / Sq Ft View Prior Sale
02/03/2017 02/03/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $144,500 -- $176 / 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 $2,784 $154,300 -- $154,300
2023 $2,263 $124,670 $0 $0
2022 $2,193 $121,040 $0 $0
2021 $2,155 $117,520 $0 $0
2020 $2,104 $114,100 $0 $0
2019 $2,014 $110,780 $0 $0
2018 $1,952 $107,560 $0 $0
2017 $1,935 $104,430 $0 $0
2016 $1,894 $101,390 $0 $0
2015 $1,756 $98,440 $0 $0
2014 $1,716 $95,580 $0 $0
2013 -- $92,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

  • Brodie Becksted

    Seller Co-Listing Agent in 2022

    Brodie Becksted

    Equity Plus Real Estate

    (541) 270-2484

    12 in this area

    208 Total Sales

    Brodie Becksted
    Section Image
  • Fiona Parsons

    Buyer's Agent in 2022

    Fiona Parsons

    Parsons Properties

    (503) 544-2744

    2 in this area

    23 Total Sales

    Fiona Parsons
    Section Image
  • Patricia Patrick-Joling

    Seller's Agent in 2017

    Patricia Patrick-Joling

    Dolphin Real Estate, LLC

    (541) 265-6638

    5 in this area

    44 Total Sales

    Patricia Patrick-Joling
    Section Image
  • Brenda Starr

    Buyer's Agent in 2017

    Brenda Starr

    Brenda Starr, RBN

    (541) 961-1706

    113 Total Sales

    Brenda Starr
    Section Image
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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 21-2477

APN: R442289

Oregon Lincoln County Newport 97365 Nye Beach

425 NW Brook St Unit 2, Newport, OR

This home is located at 425 NW Brook St Unit 2, Newport, OR 97365 since 19 February 2022 and is currently estimated at $360,794, approximately $439 per square foot. This property was built in 1980. 425 NW Brook St Unit 2 is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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