NOT LISTED FOR SALE

Estimated Value: $756,935 - $944,000

4 Beds
3 Baths
2,940 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $722,000 $246 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,921/month

28 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 3-minute walk to Literacy Park

About This Home

As of August 2021

Whitewater Ocean view from multiple floors & rooms in this massive home located in the Scenic Nye Beach District of Newport. Freshly painted exterior, nicely updated interior & a studio with separate entrance on the ground level. This beautiful home has 2 gas fireplaces with one of them in the primary bedroom on the 3rd floor along with a jetted tub, tile counters, radiant heat tile floor, walk-in closet & private deck. 2nd level has another gas fireplace, custom cabinets, full bath, more bedrooms, dining room & living room with large enclosed deck for enjoying the views! 1st floor has 2 car garage & off street parking.
Beach Access, Fantastic Restaurants & Nye Beach shops all within 2-3 blocks.
Home is in R4 zoning which allows for many uses including multi-family or investment property

Last Agent to Sell the Property

Matt Moore

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #200307084 Listed on: 06/26/2021

Co-Listed By

Carrie Moore

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #201236807

Last Buyer's Agent

Tasha Brittsan

Ocean Equity Real Estate & Investments, LLC License #201232002

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1981

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned R-4 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Concrete Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,940 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Cressy Blocks Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 111105CC-13700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,363

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Subdivision Name: Cressy Blocks
  • Directions: West on NW 6th from Hwy 101 then Left on NW High St. Home will be on the Left approximately halfway down the block.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1981
  • Attribution Contact: elkhornrealestate@gmail.com
  • 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: None
  • General Property Description:Lot SqFt: 4086
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 13700
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 8
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Tankless
  • Siding:Lap: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Patio: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Forced Air, Radiant
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105CC-13700-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 5363.13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Aug 24, 2021
Sold by
Sanders Richard Anthony and Paulette E Sanders Trust
Bought by
Trauman Alan F and Trauman Rosette
Seller's Agent
Matt Moore
Elkhorn Real Estate
Buyer's Agent
Tasha Brittsan
Ocean Equity Real Estate & Investments, LLC
List Price
$750,000
Sold Price
$722,000
Premium/Discount to List
-$28,000
-3.73%
Current Estimated Value
$837,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,984
Avg. Annual Appreciation
3.65%
Original Mortgage
$738,606
Outstanding Balance
$670,610
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$167,374

Purchase Details

Closed on
Apr 14, 2021
Sold by
Sanders Paulette E
Bought by
Sanders Paulette E and Sanders Richard Anthony
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
Trauman Alan F $722,000 Western Title & Escrow Co
Sanders Paulette E -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trauman Alan F $738,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $722,000 -3.7% $246 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $750,000 -- $255 / 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 $5,907 $327,340 -- --
2023 $5,768 $317,810 $0 $0
2022 $5,590 $308,560 $0 $0
2021 $5,493 $299,580 $0 $0
2020 $5,363 $290,860 $0 $0
2019 $5,133 $282,390 $0 $0
2018 $4,975 $274,170 $0 $0
2017 $4,931 $266,190 $0 $0
2016 $4,827 $258,440 $0 $0
2015 $4,475 $250,920 $0 $0
2014 $4,374 $243,620 $0 $0
2013 -- $236,530 $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: 21-1519

APN: R380942