NOT LISTED FOR SALE

502 NW Brook St Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $426,000 - $486,000

2 Beds
1 Bath
1,272 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $449,759 $354 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,610/month

4 Days on Market

Highlights

  • Ocean View
  • 0.2 Acre Lot
  • No HOA
  • RV Access or Parking
  • Deck
  • Cottage

About This Home

As of September 2022

Enjoy the best of both worlds! Located within the coveted Nye Beach Historic District, just a few blocks from Nye Beach shops, restaurants and beach access with a private end of street location on a spacious and fenced .20 acre lot. Well maintained with numerous upgrades, this clean and comfortable cottage would make an excellent full time residence or a wonderful beach getaway. Located within Newport's permitted short term rental overlay, subject to city licensing requirements.

Last Agent to Sell the Property

Freddy Saxton

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200801080 Listed on: 08/05/2022

Last Buyer's Agent

Jody Sturtze

Emerald Coast Realty - Yachats License #201223464

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 87.5 x 100
  • Property is zoned R-4 Residential

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Den
  • Utility Room
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Nye & Thompson Subdivision

Listing and Financial Details

  • Tax Lot 1, ptn.
  • Assessor Parcel Number 111105CC-15100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,405

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2
  • Lot Size: 87.5 x 100
  • Lot Size Sq Ft: 8712.0
  • Road Surface Type: Gravel
  • Subdivision Name: Nye & Thompson
  • Directions: From Highway 101, west on NW 6th. Left on NW Brook to property at end on left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: (541) 265-2200
  • 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: 8750
  • General Property Description:_pound_ of Acres: 0.2
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 15100
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Lot Dimensions: 87.5 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 1, ptn.
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Block2: Yes
  • Siding:Shingle2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Ocean
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105CC-15100-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2404.55
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 22, 2022
Sold by
Jared Hyde
Bought by
Wakeling Lance
Seller's Agent
Freddy Saxton
Advantage Real Estate
Buyer's Agent
Jody Sturtze
Emerald Coast Realty - Yachats
List Price
$420,000
Sold Price
$449,759
Premium/Discount to List
$29,759
7.09%
Current Estimated Value
$452,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,234
Avg. Annual Appreciation
0.23%
Original Mortgage
$427,271
Outstanding Balance
$407,811
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$45,182

Purchase Details

Closed on
Jun 28, 2006
Sold by
Bohannon Bryan J
Bought by
Hyde Jared and Eager Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,400
Interest Rate
6.63%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Wakeling Lance $449,759 Western Title
Hyde Jared $200,500 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakeling Lance $427,271
Previous Owner Hyde Jared $160,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $449,759 +7.1% $354 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $420,000 -- $330 / 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 $2,585 $143,280 -- --
2023 $2,525 $139,110 $0 $0
2022 $2,447 $135,060 $0 $0
2021 $2,405 $131,130 $0 $0
2020 $2,348 $127,320 $0 $0
2019 $2,247 $123,620 $0 $0
2018 $2,178 $120,020 $0 $0
2017 $2,159 $116,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Freddy Saxton

    Seller's Agent in 2022

    Freddy Saxton

    Advantage Real Estate

    (541) 961-2085

    11 in this area

    115 Total Sales

    Freddy Saxton
    Section Image

  • J

    Buyer's Agent in 2022

    Jody Sturtze

    Emerald Coast Realty - Yachats

    (541) 270-3002

    1 in this area

    34 Total Sales

    Jody Sturtze
    Section Image
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Map

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

MLS Number: 22-1670

APN: R413886

Oregon Lincoln County Newport 97365 Nye Beach

502 NW Brook St, Newport, OR

This home is located at 502 NW Brook St, Newport, OR 97365 since 05 August 2022 and is currently estimated at $452,993, approximately $356 per square foot. This property was built in 1940. 502 NW Brook 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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