$131,500
SOLD JAN 17, 2014

513 SW 5th St Newport, OR 97365

2 Beds
2 Baths
1,165 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

6% Below List Price

80 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered patio or porch
  • 1 Car Attached Garage
  • No HOA
  • Fireplace
  • 1-minute walk to Mombetsu sister city park

About This Home

As of January 2017

Opportunity!! Opportunity!! To invest in a duplex and live in part and rent out the 2nd unit. Close to the beach so could serve well as a vacation get-a-way! Larger unit has a fireplace but hasn't been used for some time. Laundry facilities for both units. Larger unit has the use of a single car garage. Some upgrades, @ windows, etc.

Last Agent to Sell the Property

Diana Abbott

Windermere West Coast Properties Listed on: 08/16/2013

Last Buyer's Agent

Sonja Lovas

Windermere West Coast Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1935

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,165 Sq Ft Home
  • 2-Story Property
  • Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces

Utilities

  • Baseboard Heating
  • Natural Gas Not Available
  • Water Heater

Additional Features

  • Covered patio or porch
  • 4,792 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Bayley And Case's Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 111108BC-6500-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,551

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: .11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Gravel
  • Exclusions: None
  • Inclusions: Appliances
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy. 101 to SW Neff Way which turns into SW Alder St., 5th is off Alder. Not far from Performing Arts.
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1935
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 6500
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: .11
  • Location Tax and Other Information:Subdv ParcelLot: 4
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Wood: Yes
  • Miscellaneous Exclusions: None
  • Miscellaneous Possession: TBD
  • Miscellaneous Basement3: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1
  • External Features:Parking Spaces: 4.0

Utilities

  • Heating: Baseboard, Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: City Property
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BC-6500-00
  • Zoning: R-3 Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1550.98
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Dhillon Nesh S
Bought by
Motif Holdings Np Llc
Current Estimated Value
$395,045

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jan 24, 2017
Sold by
Robinson Bernadette and Robinson Thomas
Bought by
Dhillon Nesh S
Seller's Agent
Woody Ouderkirk
Mishey Real Estate
Buyer's Agent
Woody Ouderkirk
Mishey Real Estate
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2013
Closed on
Jan 13, 2014
Sold by
Johnson James Henry and Johnson Roongaroon
Bought by
Robinson Bernadette and Robinson Thomas
Seller's Agent
Diana Abbott
Windermere West Coast Properties
Buyer's Agent
Sonja Lovas
Windermere West Coast Properties
List Price
$139,500
Sold Price
$131,500
Premium/Discount to List
-$8,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$6,575
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2012
Sold by
Johnson James Henry and Johnson Roongaroon
Bought by
Johnson James Henry and Johnson Roongaroon
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 Type Sale Price Title Company
Bargain Sale Deed $103,000 None Listed On Document
Warranty Deed $165,000 Western Title & Escrow
Warranty Deed $131,500 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $6,575 Credit Line Revolving
Previous Owner $98,625 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $165,000 -10.8% $142 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $185,000 +40.7% $159 / Sq Ft
01/17/2014 01/17/14 Sold $131,500 -5.7% $113 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $139,500 -- $120 / 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 $2,300 $127,460 -- --
2023 $2,246 $123,750 $0 $0
2022 $2,177 $120,150 $0 $0
2021 $2,139 $116,660 $0 $0
2020 $2,089 $113,270 $0 $0
2019 $1,999 $109,980 $0 $0
2018 $1,938 $106,780 $0 $0
2017 $1,921 $103,670 $0 $0
2016 $1,880 $100,660 $0 $0
2015 $1,743 $97,730 $0 $0
2013 -- $92,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 13-2336

APN: R387901