NOT LISTED FOR SALE

507 NW Alpine St Unit 305 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $451,000 - $758,000

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

Last Sold August 05, 2022

Last sale price $629,000 $536 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,089/month

4 Days on Market

Highlights

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

About This Home

As of August 2022

OCEAN FRONT, Top Floor Condo! Located in the popular Nye Beach district with direct beach access. This location is uniquely positioned for easy walking distance to restaurants and shops. Nye Sands Condominiums just transitioned to a UNIQUE Gated Condo Community. Exterior has been fully renovated within last 2 years! MOVE-IN ready with recent updates! Light and bright! Larger size great room, master loft with expansive view, walk-in closet, master bath with jetted tub and skylight, vaulted living room, and ample storage throughout, easy elevator access and laundry room onsite. This RARE to find oceanfront top floor two-bedroom condo, with amazing ocean views, in a highly sought-after location, is a MUST SEE!

Last Agent to Sell the Property

Sherry Meek

Martek Real Estate Brokerage Phone: 541-265-8785 License #201247329 Listed on: 06/20/2022

Last Buyer's Agent

Roland Woodcock

Seashore Homes Realty License #200802191

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,357

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
  • Living Room
  • Carpet
  • Ocean Views
  • Dishwasher

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 95021
  • Assessor Parcel Number 111105CC-95021-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Yaquina Bay Property 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

$4,357

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: 95021
  • 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:RangeOven: Electric
  • Internal Features:Furnished: Negotiable
  • Internal Features:Water Heater: Electric
  • 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: Other, 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: Yaquina Bay Property
  • 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-95021-00
  • Zoning: C-2 Tourist Commercial (Newport)

Tax Info

  • Tax Annual Amount: 4356.9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 29, 2022
Sold by
Bresnan 1991 Living Trust
Bought by
Friderici James and Blum Madelon
Seller's Agent
Sherry Meek
Martek Real Estate
Buyer's Agent
Roland Woodcock
Seashore Homes Realty
List Price
$639,000
Sold Price
$629,000
Premium/Discount to List
-$10,000
-1.56%
Current Estimated Value
$601,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,271
Avg. Annual Appreciation
0.55%
Original Mortgage
$471,750
Outstanding Balance
$453,367
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$186,050

Purchase Details

Closed on
Apr 26, 2016
Sold by
Bresnan Patrick S and Bresnan Elizabeth F
Bought by
Bresnan 19912 Living Trust
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
Friderici James $629,000 Western Title
Bresnan 19912 Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friderici James $471,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $629,000 -1.6% $536 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $639,000 -- $545 / 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 $4,685 $259,620 -- $259,620
2023 $4,574 $252,060 $0 $0
2022 $4,433 $244,720 $0 $0
2021 $4,357 $237,600 $0 $0
2020 $4,254 $230,680 $0 $0
2019 $4,071 $223,970 $0 $0
2018 $3,946 $217,450 $0 $0
2017 $3,911 $211,120 $0 $0
2016 $3,828 $204,980 $0 $0
2015 $3,549 $199,010 $0 $0
2014 $3,469 $193,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sherry Meek

    Martek Real Estate

    Section Image

  • R

    Buyer's Agent in 2022

    Roland Woodcock

    Seashore Homes Realty

    (971) 570-1256

    15 in this area

    62 Total Sales

    Section Image
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Map

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

MLS Number: 22-1275

APN: R156620

Oregon Lincoln County Newport 97365 Nye Beach

507 NW Alpine St Unit 305, Newport, OR

This home is located at 507 NW Alpine St Unit 305, Newport, OR 97365 since 20 June 2022 and is currently estimated at $609,669, approximately $519 per square foot. This property was built in 1984. 507 NW Alpine St Unit 305 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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