NOT LISTED FOR SALE

425 NW Brook St Unit 5 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $316,000 - $455,000

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

Last Sold July 03, 2023

Last sale price $350,000 $427 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,470/month

59 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Living Room
  • Deck
  • Fireplace
  • 3-minute walk to Literacy Park

About This Home

As of July 2023

Sold TURN KEY and FULLY FURNISHED! Nye Beach Area condo with OCEAN VIEWS! Enjoy all Newport has to offer from this elegantly appointed unit, centrally located with easy access to multiple BEACH ACCESSES, trendy shops and restaurants in Newport's Nye Beach district, Oregon Coast Aquarium, and much more! Ocean view deck overlooking whitewater views and all the action of Nye Beach. LARGE BASEMENT for storage, or convert it to a third level living space or ADU! Great pet friendly condo complex of only 6 units. Low HOA dues of only $130/mo. Currently a successful mid-term vacation rental.

Last Agent to Sell the Property

Brodie Becksted

Equity Plus Real Estate License #200302191 Listed on: 05/17/2023

Co-Listed By

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892

Last Buyer's Agent

Lexis Sharde Clay-Weary

MORE Realty License #201247500

MORE Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1980

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 820 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Exclusions: Furnishings
  • Tax Lot 90005
  • Assessor Parcel Number 111105CC-90005-00

Community Details

Overview

  • Zane Simpson Association, Phone Number (702) 271-1608
  • Secondary HOA Phone (702) 271-1608
  • 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

$2,193

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
  • Exclusions: Furnishings
  • Subdivision Name: Brookview Condo
  • Directions: Hwy 101 in Newport, west on NW 6th St, south on NW Brook to complex on right. Park on street.
  • 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: 90005
  • 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:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Vinyl: Yes
  • Miscellaneous Exclusions: Furnishings
  • Roof:Membrane: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Fireplace(s)
  • 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: 702-271-1608
  • 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: Zane Simpson
  • CondoAssociation:Assoc Contact Phone: 702-271-1608

Lot Info

  • Parcel #: 111105CC-90005-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2192.81
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 30, 2023
Sold by
Platt Jessica Rice and Irwin Shirley
Bought by
Britton Chandra
Seller's Agent
Brodie Becksted
Equity Plus Real Estate
Buyer's Agent
Lexis Sharde Clay-Weary
MORE Realty
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%
Current Estimated Value
$394,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,857
Avg. Annual Appreciation
6.92%
Original Mortgage
$339,500
Outstanding Balance
$331,140
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$73,278

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 17, 2021
Sold by
Turner John H and Turner Carol K
Bought by
Platt Jessica Rice and Irwin Shirley
Seller's Agent
Tasha Brittsan
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Michel Roy
Lincoln City Realty, LLC
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.17%
Original Mortgage
$260,200
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 12, 2018
Sold by
Horne Delma I
Bought by
Turner John H and Turner Carol K
Seller's Agent
Patricia Patrick-Joling
Dolphin Real Estate, LLC
Buyer's Agent
Michael Todd
Taylor & Taylor Realty Company
List Price
$175,900
Sold Price
$160,000
Premium/Discount to List
-$15,900
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
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
Britton Chandra $350,000 Western Title
Platt Jessica Rice $265,000 Western Title & Escrow
Turner John H $160,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britton Chandra $339,500
Previous Owner Platt Jessica Rice $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $350,000 -5.1% $427 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $369,000 +39.2% $450 / Sq Ft
05/26/2021 05/26/21 Sold $265,000 +10.9% $323 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $239,000 +49.4% $291 / Sq Ft
09/12/2018 09/12/18 Sold $160,000 -9.0% $195 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $175,900 -- $215 / 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 $2,317 $128,410 -- $128,410
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

  • Brodie Becksted

    Seller's Agent in 2023

    Brodie Becksted

    Equity Plus Real Estate

    (541) 270-2484

    13 in this area

    220 Total Sales

    Brodie Becksted
    Section Image

  • H

    Seller Co-Listing Agent in 2023

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

  • L

    Buyer's Agent in 2023

    Lexis Sharde Clay-Weary

    MORE Realty

    Section Image

  • T

    Seller's Agent in 2021

    Tasha Brittsan

    Ocean Equity Real Estate & Investments, LLC

  • T

    Seller Co-Listing Agent in 2021

    Trevor Brittsan

    Ocean Equity Real Estate & Investments, LLC

  • M

    Buyer's Agent in 2021

    Michel Roy

    Lincoln City Realty, LLC

    (541) 992-1683

    1 in this area

    84 Total Sales

    Michel Roy
    Section Image
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Map

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

MLS Number: 23-565

APN: R449381

Oregon Lincoln County Newport 97365 Nye Beach

425 NW Brook St Unit 5, Newport, OR

This home is located at 425 NW Brook St Unit 5, Newport, OR 97365 since 17 May 2023 and is currently estimated at $394,857, approximately $481 per square foot. This property was built in 1980. 425 NW Brook St Unit 5 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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