$100,000
SOLD DEC 31, 2015

508 SW Abbey St Newport, OR 97365

2 Beds
2 Baths
1,092 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

18% Below List Price

36 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Carpet
  • No HOA
  • Lap Siding
  • 4-minute walk to Yaquina Bay Lighthouse

About This Home

As of May 2017

This townhouse is half of a duplex. Very affordable 2 bedroom, 2 bath home with a single car garage. Great location near the beach in Newport. This is a HomePath Property.

Last Agent to Sell the Property

Mary O'Connor

Coldwell Banker Gesik Realty, Inc Listed on: 11/12/2015

Last Buyer's Agent

Jon Lynch

John L Scott Newport License #780303684

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 45x50
  • Property is zoned R-4 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Newport Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 111108CB-1300-00

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.05
  • Lot Size: 45x50
  • Lot Size Sq Ft: 2178.0
  • Road Surface Type: Paved
  • Subdivision Name: Newport
  • Directions: Hwy 101 west on SW Abbey to corner of 6th.
  • Architectural Style: Town House
  • Garage Yn: Yes
  • Year Built: 1997
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.05
  • Location Tax and Other Information:Tax Lot: 1300
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Town House
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • General Property Description:Lot Dimensions: 45x50
  • Location Tax and Other Information:Subdv ParcelLot: n/a
  • General Property Description:Property Sub-Type: Single Family Residence
  • Alternate Heat:None7: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Flooring:Carpet: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet

Exterior Features

  • View: None
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Water On Property: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall Furn
  • Heating Yn: Yes
  • Water Source: On Property
  • HeatingCooling:Electric Wall Furn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108CB-1300-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2604.32
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
May 22, 2017
Sold by
Wunrow Timothy and Wunrow Madie
Bought by
Burns Richard and Burns Anne Marie
Seller's Agent
Matthew Murray
Advantage Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$168,000
Sold Price
$156,000
Premium/Discount to List
-$12,000
-7.14%
Current Estimated Value
$395,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,493
Avg. Annual Appreciation
12.11%
Original Mortgage
$140,400
Outstanding Balance
$118,417
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$275,736

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 28, 2015
Sold by
Fannie Mae
Bought by
Wunrow Timothy and Wunrow Madie
Seller's Agent
Mary O'Connor
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Jon Lynch
John L Scott Newport
List Price
$121,900
Sold Price
$100,000
Premium/Discount to List
-$21,900
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.70%

Purchase Details

Closed on
May 19, 2015
Sold by
Hays Robert A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 2015
Sold by
Everbank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 10, 2008
Sold by
Hays Robert A
Bought by
Hays Robert A and Robert A Hays Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2006
Sold by
Hays Robert A
Bought by
Hays Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,168
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $156,000 Western Title & Escrow
Special Warranty Deed $100,000 Multiple
Sheriffs Deed $232,792 Wte
Sheriffs Deed $232,792 Wte
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,400 New Conventional
Previous Owner $176,000 Unknown
Previous Owner $122,168 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $156,000 -7.1% $143 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $168,000 +68.0% $154 / Sq Ft
12/31/2015 12/31/15 Sold $100,000 -18.0% $92 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $121,900 -- $112 / 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 $3,516 $194,880 -- --
2023 $3,434 $189,210 $0 $0
2022 $3,328 $183,700 $0 $0
2021 $3,270 $178,350 $0 $0
2020 $3,193 $173,160 $0 $0
2019 $3,056 $168,120 $0 $0
2018 $2,962 $163,230 $0 $0
2017 $2,936 $158,480 $0 $0
2016 $2,874 $153,870 $0 $0
2015 $2,664 $149,390 $0 $0
2014 $2,604 $145,040 $0 $0
2013 -- $144,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Matthew Murray

    Advantage Real Estate

  • O

    Buyer's Agent in 2017

    Out of Area

    OUT OF AREA

  • M

    Seller's Agent in 2015

    Mary O'Connor

    Coldwell Banker Gesik Realty, Inc

  • J

    Buyer's Agent in 2015

    Jon Lynch

    John L Scott Newport

See All Agents

Map

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

MLS Number: 15-2329

APN: R257836

Oregon Lincoln County Newport 97365

508 SW Abbey St, Newport, OR

This home is located at 508 SW Abbey St, Newport, OR 97365 and is currently priced at $100,000, approximately $91 per square foot. This property was built in 1997. 508 SW Abbey St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

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