NOT LISTED FOR SALE

507 NW Alpine St Unit 304 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $451,000 - $757,000

2 Beds
2 Baths
1,173 Sq Ft
$345/mo HOA Fee

Last Sold August 16, 2021

Last sale price $550,000 $469 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,987/month

5 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Level Entry For Accessibility
  • Deck
  • Living Room
  • 1-minute walk to Sam Moore Parkway

About This Home

As of August 2021

Stunning OCEAN FRONT condo! Located in the heart of Historic Nye Beach with direct beach access. Totally ADA, and handicap accessible with chair lift to the loft bedroom with large roll in bathroom and a no step shower. This Condo has been totally renovated and transformed. Recent updates include: Heated floors, two air conditioning units, new floors, custom built in Murphy Bed, Gas Fireplace, Built in water cooler, custom cabinets throughout, heated floors and more. See feature list in ''Documents''. If you want a two bedroom condo with the best Ocean View and highly sought after location, this is it! Complex will become a gated community in fall of 2021 (no additional cost).

Last Agent to Sell the Property

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063 Listed on: 07/21/2021

Co-Listed By

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108

Last Buyer's Agent

Ed Haendel

Windermere West Coast Properties License #201219274

Windermere West Coast Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1984

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bathroom
  • Level Entry For Accessibility

Utilities

  • Zoned Cooling
  • Radiant Heating System
  • Hot Water Baseboard Heater
  • Electricity To Lot Line
  • Water Heater

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Tax Lot 95020
  • Assessor Parcel Number 111105CC-95020-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Lee Hardy Association, Phone Number (541) 265-3735
  • Secondary HOA Phone (541) 265-3735
  • 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

$4,194

Year Built

Built in 1984

Lot Details

0

HOA Fees

$345 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: 95020
  • 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
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Handicap Features:ElevatorChair Lift: Yes
  • Handicap Features:Level Entry: Yes
  • HeatingCooling:Radiant: Yes
  • Handicap Features Kitchen Modification: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

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, Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Phone: 541-265-3735
  • 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: 541-265-3735
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

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

Lot Info

  • Parcel #: 111105CC-95020-00
  • Zoning: C-2 Tourist Commercial (Newport)

Tax Info

  • Tax Annual Amount: 4194.11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 16, 2021
Sold by
Rajala Donna M
Bought by
Porter Michael J and Lee Margaret S
Seller's Agent
Steve Lovas
Martek Real Estate
Buyer's Agent
Ed Haendel
Windermere West Coast Properties
List Price
$510,000
Sold Price
$550,000
Premium/Discount to List
$40,000
7.84%
Current Estimated Value
$594,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,831
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Sylvester Gary R and Sylvester Dixie L
Bought by
Rajala Donna M

Purchase Details

Closed on
Jan 11, 2007
Sold by
Vocque Linda
Bought by
Vocque Linda and Estate Of Marjorie Ruth Garvic
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
Porter Michael J $550,000 Western Title & Escrow
Rajala Donna M $255,000 Western Title & Escrow
Vocque Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajala Donna M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $550,000 +7.8% $469 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $510,000 -- $435 / 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 $4,619 $255,980 -- $255,980
2023 $4,510 $248,530 $0 $0
2022 $4,372 $241,300 $0 $0
2021 $4,296 $234,280 $0 $0
2020 $4,194 $227,460 $0 $0
2019 $4,014 $220,840 $0 $0
2018 $3,891 $214,410 $0 $0
2017 $3,856 $208,170 $0 $0
2016 $3,775 $202,110 $0 $0
2015 $3,500 $196,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    12 in this area

    141 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    17 in this area

    180 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Ed Haendel

    Windermere West Coast Properties

    Section Image
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Map

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

MLS Number: 21-1768

APN: R154191

Oregon Lincoln County Newport 97365 Nye Beach

507 NW Alpine St Unit 304, Newport, OR

This home is located at 507 NW Alpine St Unit 304, Newport, OR 97365 since 21 July 2021 and is currently estimated at $606,206, approximately $516 per square foot. This property was built in 1984. 507 NW Alpine St Unit 304 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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