NOT LISTED FOR SALE

514 SW 7th St Unit +617 SW Neff Way Newport, OR 97365

5 Beds
7 Baths
3,316 Sq Ft
0.25 Acres

Last Sold September 30, 2019

Last sale price $645,000 $195 Per Sq Ft

25 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Contemporary Architecture
  • No HOA
  • 4-minute walk to Lost Creek State Park

About This Home

As of September 2019

Custom built, one owner, triplex with a great view of the ocean and Yaquina Head Lighthouse. Close to the beach, bayfront and in town shopping. Shingle style design with craftsman moldings and finishes. ''7th Street'' units each have two bedroom + den, 2.5 baths, gas furnace, gas fireplace and garage with large overhead storage area. Neff Way unit is 1 bedroom and 1 bath with tile counters and floors, new appliances along with a private access. Mostly new appliances and window coverings. Extremely well loved and maintained. Built by Mike Clark and designed by Paul Oltman who are known for their excellent work. Live or vacation in one and have rental income from the other two. Check with the City regarding nightly rental.

Area information below..... Area Attractions with Links:

Yaquina Head Outstanding Natural Area - 100 acre site. Explore the tide pools, and cobble beach, take a tour of Oregon's tallest lighthouse, visit the Interpretive Center or walk the many trails. Peregrine falcons and thousands of seabirds raise their young at Yaquina Head. Chicks are often visible from late spring through mid-summer. Whales may be seen year-round.

Agate Beach Golf Course

Yaquina Bay State Recreation Site with Lighthouse and beach walks.

Oregon State University Hatfield Marine Science Center Visitor Center

Oregon Coast Aquarium

Discover Newport

Last Agent to Sell the Property

Janis Neigebauer

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #880400039 Listed on: 07/09/2019

Last Buyer's Agent

Stacey Clendenin

Ocean Equity Real Estate & Investments, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1979

Lot Details

  • 0.25

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 3,316 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating System

Community Details

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

Listing and Financial Details

  • Tax Lot 2,3,4, and ptn of 9
  • Assessor Parcel Number 111108BD-20500-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,446

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.25
  • Lot Size: IRR
  • Lot Size Sq Ft: 10890.0
  • Road Surface Type: Gravel, Paved
  • Inclusions: Appliances
  • Subdivision Name: Bayley and Case's
  • Directions: Upper units 514/518: Hwy 101 West on SW Alder. Left on SW 7th at end. Lower unit 617: Hwy 101 West on Neff Way driveway on right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built Details: 2004 Remodel
  • Year Built: 1979
  • 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
  • General Property Description:_pound_ of Acres: 0.25
  • Location Tax and Other Information:Tax Lot: 20500
  • General Property Description:Total Bedrooms: 5
  • General Property Description:Total Bathrooms: 7.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: IRR
  • Location Tax and Other Information:Subdv ParcelLot: 2,3,4, and ptn of 9
  • Siding:ShakeShingle: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • HeatingCooling:Forced Air - Elect: Yes
  • HeatingCooling:Forced Air - Gas: Yes
  • Miscellaneous Possession: negotiable
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 6.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City Property

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BD-20500-00
  • Zoning: R-3 Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5445.84
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $645,000 -7.7% $195 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $699,000 -- $211 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Janis Neigebauer

    Advantage Real Estate

    Section Image

  • S

    Buyer's Agent in 2019

    Stacey Clendenin

    Ocean Equity Real Estate & Investments, LLC

See All Agents

Map

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

MLS Number: 19-1783

Oregon Lincoln County Newport 97365

514 SW 7th St Unit +617 SW Neff Way, Newport, OR

This home is located at 514 SW 7th St Unit +617 SW Neff Way, Newport, OR 97365 since 09 July 2019. This property was built in 1979. 514 SW 7th St Unit +617 SW Neff Way 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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