NOT LISTED FOR SALE

434 NE 8th St Newport, OR 97365

Estimated Value: $407,000 - $477,000

3 Beds
1 Bath
1,260 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $325,000 $258 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,599/month

10 Days on Market

Highlights

  • 2-Story Property
  • No HOA
  • 2 Car Detached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Fireplace

About This Home

As of December 2021

Centrally located in the heart of Newport. Main level living with additional family room, fenced back yard, real hardwood floors, two fireplaces, two ductless heaters and detached 2 car garage make this a great beach getaway or starter home. Nice size yard with mature landscaping and enough room for a vegetable garden. This house is light and bright with windows on every side.

Last Agent to Sell the Property

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 11/04/2021

Co-Listed By

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063

Last Buyer's Agent

Natividad Grajeda-Weber

Coastal Dreams Real Estate LLC License #200403280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R-3 Residential

Parking

  • 2 Car Detached Garage

Home Design

  • 2-Story Property
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,260 Sq Ft Home
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 111105DC-401-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,006

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Paved
  • Directions: Hwy 101 to NE 8th St.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1960
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 7,501
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 401
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Covered Patio: Yes
  • Siding:Shingle2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Ductless Heat Pump, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105DC-401-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 3006.07
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 17, 2021
Sold by
Hall Wanda Lee and Coakley Tony
Bought by
Flores Joel Martinez
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Natividad Grajeda-Weber
Coastal Dreams Real Estate LLC
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$432,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,726
Avg. Annual Appreciation
8.27%
Original Mortgage
$292,500
Outstanding Balance
$272,251
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$165,175
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
Flores Joel Martinez $325,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Joel Martinez $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $325,000 -7.1% $258 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $350,000 -- $278 / 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 $3,771 $209,000 -- --
2023 $3,683 $202,920 $0 $0
2022 $3,569 $197,010 $0 $0
2021 $3,079 $167,920 $0 $0
2020 $3,006 $163,030 $0 $0
2019 $2,877 $158,290 $0 $0
2018 $2,789 $153,680 $0 $0
2017 $2,764 $149,210 $0 $0
2016 $2,705 $144,860 $0 $0
2015 $2,508 $140,650 $0 $0
2014 $2,452 $136,560 $0 $0
2013 -- $132,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    176 Total Sales

    Sonja Lovas
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    135 Total Sales

    Steve Lovas
    Section Image

  • N

    Buyer's Agent in 2021

    Natividad Grajeda-Weber

    Coastal Dreams Real Estate LLC

    (541) 961-5015

    23 Total Sales

    Natividad Grajeda-Weber
    Section Image
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Map

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

MLS Number: 21-2359

APN: R267326

Oregon Lincoln County Newport 97365

434 NE 8th St, Newport, OR

This home is located at 434 NE 8th St, Newport, OR 97365 since 04 November 2021 and is currently estimated at $432,726, approximately $343 per square foot. This property was built in 1960. 434 NE 8th St 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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