NOT LISTED FOR SALE

511 SW 3rd St Newport, OR 97365

Estimated Value: $219,000 - $372,000

2 Beds
1 Bath
905 Sq Ft
$100/mo HOA Fee

Last Sold April 06, 2017

Last sale price $122,000 $135 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,970/month

48 Days on Market

Highlights

  • Ocean View
  • Furnished
  • 1-Story Property
  • Wood Flooring
  • Living Room
  • 2-minute walk to Coast Park

About This Home

As of April 2017

Ocean and Lighthouse View. One block to a children's play park, great beach access and the Performing Arts Center. Close walk to restaurants and shops. Nice single level condo with furnishings included for a turnkey vacation rental. Two bedroom, 1 bath condo with hardwood floors in the living room and bedrooms. Tile in the bath. Detached laundry building with storage and carport.

Last Agent to Sell the Property

Janis Neigebauer

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #880400039 Listed on: 11/29/2016

Last Buyer's Agent

Wendy Birchfield

Windermere WCP Real Estate Gallery

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1972

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 905 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Microwave

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Garage
  • Carport

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Listing and Financial Details

  • Tax Lot Lot Unit 3
  • Assessor Parcel Number 111108BC-70003-00

Community Details

Overview

  • Pacific Surf Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,713

Year Built

Built in 1972

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Inclusions: Furnishings
  • Subdivision Name: Pacific Surf Condo
  • Directions: Off Hwy 101 on SW 2nd. Left on SW 3rd.
  • Garage Yn: Yes
  • Year Built: 1972
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • Location Tax and Other Information:Tax Lot: 70003
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Location Tax and Other Information:Subdv ParcelLot: Lot Unit 3
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Flooring:Wood3: Yes
  • Flooring:Tile2: Yes
  • Siding:Brick: Yes
  • Miscellaneous Possession: negotiable
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Lot Info

  • Parcel #: 111108BC-70003-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 1712.97
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
Mar 30, 2017
Sold by
Meyer Kolleen J
Bought by
Fraser Robert T and Gibson Nora
Seller's Agent
Janis Neigebauer
Advantage Real Estate
Buyer's Agent
Wendy Birchfield
Windermere WCP Real Estate Gallery
List Price
$139,000
Sold Price
$122,000
Premium/Discount to List
-$17,000
-12.23%
Current Estimated Value
$317,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,333
Avg. Annual Appreciation
11.90%
Original Mortgage
$97,600
Outstanding Balance
$50,357
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$266,976
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
Fraser Robert T $122,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Robert T $97,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2017 04/06/17 Sold $122,000 -12.2% $135 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $139,000 -- $154 / 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 $2,260 $125,260 -- $125,260
2023 $2,207 $121,620 $0 $0
2022 $2,139 $118,080 $0 $0
2021 $2,102 $114,650 $0 $0
2020 $2,053 $111,320 $0 $0
2019 $1,965 $108,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Janis Neigebauer

    Advantage Real Estate

    Section Image

  • W

    Buyer's Agent in 2017

    Wendy Birchfield

    Windermere WCP Real Estate Gallery

See All Agents

Map

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

MLS Number: 16-3087

APN: R13988

Oregon Lincoln County Newport 97365

511 SW 3rd St, Newport, OR

This home is located at 511 SW 3rd St, Newport, OR 97365 since 29 November 2016 and is currently estimated at $317,333, approximately $350 per square foot. This property was built in 1972. 511 SW 3rd 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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