NOT LISTED FOR SALE

429 SW 5th St Newport, OR 97365

Estimated Value: $598,686 - $847,000

4 Beds
2 Baths
2,756 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $376,000 $136 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,135/month

Highlights

  • Ocean View
  • No HOA
  • 1 Car Attached Garage
  • Traditional Architecture
  • Beamed Ceilings
  • 3-minute walk to Mombetsu sister city park

About This Home

As of June 2016

This lovely refurbished 4 bedroom home was built in 1909, and has the most lovely classic ''old home'' charm. Large farm style kitchen, many quaint nooks and sitting areas, with an area in the basement that could be a great hobby room or den/office. Newer Hardi-plank siding and roof, manicured private fenced yard. All with the most amazing views of the ocean and the Yaquina Head Lighthouse.

Last Agent to Sell the Property

Tammy Gagne

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #870600040 Listed on: 04/23/2016

Last Buyer's Agent

Randy Olsen

Advantage Real Estate License #201207873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 51.9 x 100
  • Property is zoned R-3 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2,756 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Window Treatments
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Bayley And Case's Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 111108BD-1200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,533

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 51.9 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Gravel
  • Subdivision Name: Bayley and Case's
  • Directions: Turn North at traffic light Hwy 101 & Hurbert.(Uptown by Mazatlan Restaurant).Hurbert ot SW 2nd immediate left on gravel st, dead end. Green house yellow trim.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1909
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 1200
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • General Property Description:Lot Dimensions: 51.9 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 10
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:Hardi Plank: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Ceiling:Beam: Yes
  • Miscellaneous Possession: close of escrow
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Beamed Ceilings
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BD-1200-00
  • Zoning: R-3 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3532.62
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2016
Closed on
Jun 20, 2016
Sold by
Berman Eric S and Chandler Debora
Bought by
Franklin Michael Thomas and Franklin Amy Jeanette
Seller's Agent
Tammy Gagne
Advantage Real Estate
Buyer's Agent
Randy Olsen
Advantage Real Estate
List Price
$379,000
Sold Price
$376,000
Premium/Discount to List
-$3,000
-0.79%
Current Estimated Value
$672,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,422
Avg. Annual Appreciation
6.68%
Original Mortgage
$338,400
Outstanding Balance
$273,673
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$398,749

Purchase Details

Closed on
Dec 2, 2011
Sold by
Ramsey Katharine F
Bought by
Berman Eric S and Chandler Debora
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
Franklin Michael Thomas $376,000 Western Title & Escrow
Berman Eric S $295,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Michael Thomas $338,400
Previous Owner Chandler Debora $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $376,000 -0.8% $136 / Sq Ft
04/23/2016 04/23/16 For Sale $379,000 -- $138 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
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 $4,663 $258,400 -- --
2023 $4,553 $250,880 $0 $0
2022 $4,413 $243,580 $0 $0
2021 $4,337 $236,490 $0 $0
2020 $4,234 $229,610 $0 $0
2019 $4,052 $222,930 $0 $0
2018 $3,928 $216,440 $0 $0
2017 $3,893 $210,140 $0 $0
2013 -- $186,720 $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: 16-1225

APN: R425710