NOT LISTED FOR SALE

51 NE 55th St Newport, OR 97365

Agate Beach Neighborhood

Estimated Value: $800,915 - $1,022,000

4 Beds
3 Baths
2,777 Sq Ft
$324/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $579,500 $209 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,750/month

11 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of February 2020

Located in Newport's Agate Beach area, this custom family home is on the market for the first time. This property offers privacy just minutes from the beach and Newport amenities. The great ocean views are optimized by it's open concept design. Quality finishes include hardwood floors, granite countertops, custom cabinetry, and hands-free toilets. The third level is dedicated to the Master suite with master bath, built-in clothes storage and an office nook with access onto an ocean-view deck. The front entry and guest bedroom can be closed off to create private guest quarters. The deep two car garage houses a partial basement and a full bathroom. There is a fenced back yard and low maintenance landscaping. This freshly painted, well maintained home is move-in ready. Adjacent lot 2502 is also for sale. See MLS# 19-2880.

Last Agent to Sell the Property

Alexandra Underhill

Martek Real Estate Brokerage Phone: 541-265-8785 License #201220028 Listed on: 12/07/2019

Last Buyer's Agent

Casey O'Callaghan

Martek Real Estate License #201215737

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,523

Year Built

  • Built in 1990

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R-4 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,777 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101129BA-2404-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,523

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Road Surface Type: Gravel
  • Directions: From Hwy 101, turn east onto NE Lucky Gap St. Follow lucky gap to the left and up the hill. Turn left at the stop sign onto NE 54th St. Follow 54th until it turns into NE 56th street and take the first right onto a private road. Property is the 3rd house in on the left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1990
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 10,890sf
  • General Property Description:_pound_ of Acres: 0.25
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2404
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: 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: Gas
  • Internal Features:Microwave: Yes
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Alternate Heat:Wood Stove: Certified
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 101129BA-2404-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7522.63
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Feb 26, 2020
Sold by
Williams Lorie P
Bought by
Osborn Stuart D and Osborn Melanie C
Seller's Agent
Alexandra Underhill
Martek Real Estate
Buyer's Agent
Casey O'Callaghan
Martek Real Estate
List Price
$575,000
Sold Price
$579,500
Premium/Discount to List
$4,500
0.78%
Current Estimated Value
$898,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,479
Avg. Annual Appreciation
7.25%
Original Mortgage
$200,000
Outstanding Balance
$143,890
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$700,657
Source: Public Records

Range of Values:

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Average Value
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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
Osborn Stuart D $579,500 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborn Stuart D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $579,500 +0.8% $209 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/07/2019 12/07/19 For Sale $575,000 -- $207 / 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 $9,422 $522,180 -- --
2023 $9,201 $506,980 $0 $0
2022 $8,917 $492,220 $0 $0
2021 $8,763 $477,890 $0 $0
2020 $8,109 $439,760 $0 $0
2019 $7,761 $426,960 $0 $0
2018 $7,523 $414,530 $0 $0
2017 $7,644 $412,640 $0 $0
2016 $7,482 $400,630 $0 $0
2015 $6,937 $388,970 $0 $0
2014 $6,781 $377,650 $0 $0
2013 -- $366,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alexandra Underhill

    Martek Real Estate

    3 in this area

    87 Total Sales

    Alexandra Underhill
    Section Image
  • Casey O'Callaghan

    Buyer's Agent in 2020

    Casey O'Callaghan

    Martek Real Estate

    (541) 961-2653

    3 in this area

    159 Total Sales

    Casey O'Callaghan
    Section Image
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Map

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

MLS Number: 19-2879

APN: R500752

Oregon Lincoln County Newport 97365 Agate Beach

51 NE 55th St, Newport, OR

This home is located at 51 NE 55th St, Newport, OR 97365 since 07 December 2019 and is currently estimated at $898,979, approximately $323 per square foot. This property was built in 1990. 51 NE 55th St 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.

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