NOT LISTED FOR SALE

507 NW Alpine St Unit 306 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $456,000 - $750,000

2 Beds
3 Baths
1,173 Sq Ft
$495/mo HOA Fee

Last Sold March 31, 2023

Last sale price $640,000 $546 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,276/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 March 2023

OCEANFRONT! Highly desirable TOP FLOOR CONDO! Direct beach access in the popular Nye Beach District. This turn-key condo is positioned for easy walking distance to shops, restaurants, and activities. Recent transition to gated community. Major exterior renovation within last few years. Many interior upgrades in this 2 bed, 3 bath condo. Updated kitchen with pantry. Master loft has attached master bath with walk-in shower, skylight, master walk-in closet and laundry in unit. Vaulted living room with expansive views - see and hear the ocean! Easy elevator access. This RARE to find oceanfront top floor condo, in a highly sought-after location, 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: 02/14/2023

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,433

Year Built

  • Built in 1984

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 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 95022
  • Assessor Parcel Number 111105CC-95022-00

Community Details

Overview

  • Association fees include trash, sewer, insurance, water
  • Lori Roberts Association, Phone Number (509) 680-2219
  • Secondary HOA Phone (509) 680-2219
  • 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

$4,433

Year Built

Built in 1984

Lot Details

0

HOA Fees

$495 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 5th St. Continue toward the beach. Left onto Alpine. Condo on west side. Use elevator to get to the 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: 95022
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 3.0
  • 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: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

  • 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: 495.0
  • Association Fee Frequency: Monthly
  • Phone: 509-680-2219
  • 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:Other11: Elevator
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Lori Roberts
  • CondoAssociation:Assoc Contact Phone: 509-680-2219
  • Association Fee Inclusions:Operating Expenses: Yes

Fee Information

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

Lot Info

  • Parcel #: 111105CC-95022-00
  • Zoning: C-2 Tourist Commercial (Newport)

Tax Info

  • Tax Annual Amount: 4433.44
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 20, 2023
Sold by
Luke Lowell H
Bought by
Brent A Ditton Living Trust and Sharmen Newsom Living Trust
Seller's Agent
Sherry Meek
Martek Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$655,000
Sold Price
$640,000
Premium/Discount to List
-$15,000
-2.29%
Views
1
Current Estimated Value
$619,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,626
Avg. Annual Appreciation
-1.47%

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 11, 2017
Sold by
Da Luz Mary S and Light Family Trust
Bought by
Luke Lowell H and Luke Ruth A
Seller's Agent
K. Kier
Advantage Real Estate
Buyer's Agent
Linda Roy
Lincoln City Realty, LLC
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 27, 2014
Sold by
Harms Eric Helge and Harms Sandra Vivian
Bought by
The Light Family Trust
Seller's Agent
John Iwamura
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Patricia Patrick-Joling
Dolphin Real Estate, LLC
List Price
$275,000
Sold Price
$243,100
Premium/Discount to List
-$31,900
-11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Gunner Llc
Bought by
Pollman Dean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brent A Ditton Living Trust $640,000 Western Title
Luke Lowell H $290,000 Western Title & Escrow
The Light Family Trust $243,100 Western Title & Escrow
Pollman Dean W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pollman Dean W $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $640,000 -2.3% $546 / Sq Ft
02/14/2023 02/14/23 For Sale $655,000 +125.9% $558 / Sq Ft
07/13/2017 07/13/17 Sold $290,000 -1.7% $247 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $295,000 +21.3% $251 / Sq Ft
05/28/2014 05/28/14 Sold $243,100 -11.6% $207 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $275,000 -- $234 / 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
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sherry Meek

    Martek Real Estate

    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

  • K

    Seller's Agent in 2017

    K. Kier

    Advantage Real Estate

    (541) 265-2200

    2 in this area

    65 Total Sales

    Section Image
  • Linda Roy

    Buyer's Agent in 2017

    Linda Roy

    Lincoln City Realty, LLC

    (541) 992-1682

    2 in this area

    118 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    John Iwamura

    Coldwell Banker Gesik Realty, Inc

  • Patricia Patrick-Joling

    Buyer's Agent in 2014

    Patricia Patrick-Joling

    Dolphin Real Estate, LLC

    (541) 265-6638

    6 in this area

    46 Total Sales

    Section Image
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Map

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

MLS Number: 23-222

APN: 11-11-05-CC-95022-00

Oregon Lincoln County Newport 97365 Nye Beach

507 NW Alpine St Unit 306, Newport, OR

This home is located at 507 NW Alpine St Unit 306, Newport, OR 97365 since 14 February 2023 and is currently estimated at $617,978, approximately $526 per square foot. This property was built in 1984. 507 NW Alpine St Unit 306 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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