NOT LISTED FOR SALE

425 SE Scenic Loop Newport, OR 97365

Estimated Value: $1,136,000 - $1,487,000

6 Beds
5 Baths
5,387 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $625,000 $116 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,650/month

7 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Den

About This Home

As of November 2019

Spacious home in central Newport has views of Yaquina Bay and Bridge to the ocean and offers single level living! Main level has an open plan kitchen/dining/living with wall of large windows and gas fireplace, covered deck, Master suite with deck, den/office/nursery, laundry and half bath. This home has 6 bedrooms, 4.5 baths, 2nd floor family room w/ wet bar, theater room and ground floor family room that opens to a covered patio w/ jetted hot tub and fenced back yard w/ custom play structure. Home theater has a movie projector, 106'' screen, surround sound and platform for stadium seating. Custom finishes include hickory flooring, maple cabinets, granite, travertine, marble, onyx, heated floor in master bath and hard-wired sound system. Motivated Seller will consider all reasonable offers Solar panels installed in 2015 cut electric bills by about half.

The view doesn't end with sunset! Watch the boats on Yaquina Bay and the lights around the bay throughout the year. This is a great place to see the Fourth of July fireworks!

Last Agent to Sell the Property

Danielle Cutler

John L Scott Newport License #200607013 Listed on: 06/14/2019

Last Buyer's Agent

Timothy McNichol

CENTURY 21 Shorepine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,383

Year Built

  • Built in 2007

Lot Details

  • 7,841 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-4 Residential

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Shake Roof
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 5,387 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Yaquina Knoll Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 111109BC-1300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,383

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.18
  • Lot Size: irreg
  • Lot Size Sq Ft: 7840.8
  • Road Surface Type: Paved
  • Inclusions: See list
  • Subdivision Name: Yaquina Knoll
  • Directions: In Newport: Hwy 20 east, Right on SE John Moore Dr, Left on SE View Dr, Right on SE Spruce, Right on Scenic Loop and stay right to address.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.18
  • Location Tax and Other Information:Tax Lot: 00
  • General Property Description:Total Bedrooms: 6
  • General Property Description:Total Bathrooms: 4.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Shingle: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: irreg
  • Location Tax and Other Information:Subdv ParcelLot: 13
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Roof:Shake: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Bay
  • Foundation Details: Con/Post
  • Other Structures: Shed
  • Roof: Shake, Shingle
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111109BC-1300-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 9382.69
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 23, 2019
Sold by
Catalano Giovanni and Catalano Annie H
Bought by
Mccue Daniel A and Mccue Penelope A
Seller's Agent
Danielle Cutler
John L Scott Newport
Buyer's Agent
Timothy McNichol
CENTURY 21 Shorepine Properties
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Current Estimated Value
$1,257,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,579
Avg. Annual Appreciation
12.96%
Original Mortgage
$350,000
Outstanding Balance
$311,789
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$972,212

Purchase Details

Closed on
Jun 23, 2011
Sold by
Huserik Richard K and Huserik Teresa R
Bought by
Catalano Giovanni and Catalano Annie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,250
Interest Rate
4.56%
Mortgage Type
VA

Purchase Details

Closed on
Oct 8, 2010
Sold by
Payne Norman A and Payne Irene J
Bought by
Huserik Richard K and Huserik Teresa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,500
Interest Rate
4.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 2009
Sold by
Huserik Richard and Huserik Teresa
Bought by
Payne Norman A and Payne Irene J

Purchase Details

Closed on
Feb 3, 2006
Sold by
Mcentee Dylan A and Mcentee Celeste
Bought by
Huserik Richard and Huserik Teresa
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
Mccue Daniel A $625,000 Western Title & Escrow
Catalano Giovanni $600,000 Western Title & Escrow
Huserik Richard K $463,000 Multiple
Payne Norman A $397,600 Multiple
Huserik Richard $130,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccue Daniel A $350,000
Previous Owner Catalano Giovanni $554,250
Previous Owner Huserik Richard K $461,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $625,000 -10.6% $116 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $699,000 -- $130 / 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 $11,793 $653,540 -- --
2023 $11,515 $634,510 $0 $0
2022 $11,160 $616,030 $0 $0
2021 $10,967 $598,090 $0 $0
2020 $10,707 $580,670 $0 $0
2019 $9,767 $537,320 $0 $0
2018 $9,467 $521,670 $0 $0
2017 $9,383 $506,480 $0 $0
2016 $9,184 $491,740 $0 $0
2015 $8,636 $484,220 $0 $0
2014 $8,441 $470,120 $0 $0
2013 -- $478,580 $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: 18-152

APN: R500975