NOT LISTED FOR SALE

507 NW Alpine St Unit 301 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $450,000 - $762,000

2 Beds
2 Baths
1,173 Sq Ft
$404/mo HOA Fee

Last Sold June 08, 2022

Last sale price $660,000 $563 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,164/month

4 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Carpet
  • Deck
  • Zoned Cooling
  • 1-minute walk to Sam Moore Parkway

About This Home

As of June 2022

Incredible rare and highly desirable top floor OCEAN FRONT condo! Expansive ocean and jetty views throughout! Located in the heart of Nye Beach with direct beach access. Close walking distance to restaurants and shops. Exterior fully renovated in 2020 with complex currently in process of becoming a gated community (no additional cost). Condo has been well maintained. Master bath with jetted tub and skylight, kitchen Corian countertops, full laundry room in unit, vaulted living room, ample storage throughout, easy elevator access. If you are looking for a RARE find two-bedroom top floor condo, with expansive ocean views in a highly sought-after location, this is the one not to miss!

Last Agent to Sell the Property

Sherry Meek

Martek Real Estate Brokerage Phone: 541-265-8785 License #201247329 Listed on: 05/12/2022

Last Buyer's Agent

Holly Eckles

EXP Realty License #201213566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,782

Year Built

  • Built in 1984

HOA Fees

  • $404 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Tax Lot 95017
  • Assessor Parcel Number 111105CC-95017-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Lee Hardy Association, Phone Number (541) 265-3537
  • Secondary HOA Phone (541) 265-3537
  • Nye Sands Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,782

Year Built

Built in 1984

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Road Surface Type: Paved
  • Subdivision Name: Nye Sands Condo
  • Directions: Hwy 101 to west on NW 6th St. Continue toward the beach. Left onto Alpine. Condo on west side. Use elevator to get to 3rd floor or take the stairs.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1984
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 95017
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 404.0
  • Association Fee Frequency: Monthly
  • Phone: 541-265-3537
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • Association Fee Inclusions:Other11: Elevator
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Lee Hardy
  • CondoAssociation:Assoc Contact Phone: 541-265-3537
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

  • Association Fee Includes: Other, Trash, Sewer, Insurance, Water

Lot Info

  • Parcel #: 111105CC-95017-00
  • Zoning: C-2 Tourist Commercial (Newport)

Tax Info

  • Tax Annual Amount: 4781.77
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 1, 2022
Sold by
Rowen Robert D
Bought by
Ridgway William Hayes and Ridgway Susan Marie
Seller's Agent
Sherry Meek
Martek Real Estate
Buyer's Agent
Holly Eckles
EXP Realty
List Price
$600,000
Sold Price
$660,000
Premium/Discount to List
$60,000
10%
Current Estimated Value
$608,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,497
Avg. Annual Appreciation
-0.69%
Original Mortgage
$385,000
Outstanding Balance
$329,949
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$315,765
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ridgway William Hayes $660,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgway William Hayes $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $660,000 +10.0% $563 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $600,000 -- $512 / 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 $5,141 $284,930 -- $284,930
2023 $5,020 $276,640 $0 $0
2022 $4,866 $268,590 $0 $0
2021 $4,782 $260,770 $0 $0
2020 $4,668 $253,180 $0 $0
2019 $4,468 $245,810 $0 $0
2018 $4,331 $238,660 $0 $0
2017 $4,292 $231,710 $0 $0
2016 $4,202 $224,970 $0 $0
2015 $3,895 $218,420 $0 $0
2014 $3,808 $212,060 $0 $0
2013 -- $205,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sherry Meek

    Martek Real Estate

    Section Image

  • H

    Buyer's Agent in 2022

    Holly Eckles

    EXP Realty

See All Agents

Map

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

MLS Number: 22-906

APN: R147054

Oregon Lincoln County Newport 97365 Nye Beach

507 NW Alpine St Unit 301, Newport, OR

This home is located at 507 NW Alpine St Unit 301, Newport, OR 97365 since 12 May 2022 and is currently estimated at $617,043, approximately $526 per square foot. This property was built in 1984. 507 NW Alpine St Unit 301 is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes