NOT LISTED FOR SALE

5249 NW Rocky Way Newport, OR 97365

Agate Beach Neighborhood

Estimated Value: $605,000 - $1,037,000

2 Beds
1 Bath
1,148 Sq Ft
$696/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $725,000 $632 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,807/month

94 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • 0.94 Acre Lot
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of November 2023

This Agate Beach property has over five generations of memories at the Beach! Home was designed and built by renown builder, Bill Bouchet, in 1965. The entirety of the home features cedar, lending to the original mid century appeal. At one time, the family owned all the property from Rocky Way, to Agate Beach, including the rock quarry, which is now the Interpretive Center. First time on the market, this property now being sold with four tax lots; just shy of 1 acre of unobstructed ocean views! It is a short walk to the beach to the Cove at Agate Beach! It can be said that this property has some of the best ocean views along the entire Oregon Coast!

Last Agent to Sell the Property

Chris Watkins

Windermere West Coast Properties License #200804085 Listed on: 06/01/2023

Windermere West Coast Properties

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,241

Year Built

  • Built in 1965

Lot Details

  • 0.94 Acre Lot
  • Irregular Lot
  • Property is zoned R-2 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Cabin
  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Agate Beach Subdivision

Listing and Financial Details

  • Tax Lot 4800
  • Assessor Parcel Number 101129BD-4800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,241

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.94
  • Lot Size Sq Ft: 40946.4
  • Road Surface Type: Gravel
  • Subdivision Name: Agate Beach
  • Directions: North of Newport, Hwy 101, West on Lighthouse Drive, North on Rocky Way, 2nd driveway on the left.
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Year Built: 1965
  • 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:_pound_ of Acres: 0.94
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4800
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One and One Half
  • General Property Description:Style: Cabin
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Block2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Siding:T1-11: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Alternate Heat:Wood Stove: Not Certified
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: R385262 .01 acres R387644 .18 acres R390017 .67 acres R392238 .08 acres
  • Parcel #: 101129BD-4800-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7240.83
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Oct 12, 2023
Sold by
John and John Marguerite Altree
Bought by
Newell James M and Newell Jamie R
Seller's Agent
Chris Watkins
Windermere West Coast Properties
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$1,200,000
Sold Price
$725,000
Premium/Discount to List
-$475,000
-39.58%
Views
190
Current Estimated Value
$799,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,188
Avg. Annual Appreciation
5.97%
Original Mortgage
$507,500
Outstanding Balance
$499,909
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$299,279
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
Newell James M $725,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newell James M $507,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $725,000 -39.6% $632 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,200,000 -- $1,045 / 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 $4,711 $261,100 -- --
2023 $4,600 $253,500 $0 $0
2022 $4,459 $246,120 $0 $0
2021 $4,382 $238,960 $0 $0
2020 $4,278 $232,000 $0 $0
2019 $4,095 $225,250 $0 $0
2018 $3,969 $218,690 $0 $0
2017 $3,933 $212,330 $0 $0
2016 $3,850 $206,150 $0 $0
2015 $3,570 $200,150 $0 $0
2014 $3,489 $194,330 $0 $0
2013 -- $188,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Watkins

    Seller's Agent in 2023

    Chris Watkins

    Windermere West Coast Properties

    (541) 270-6774

    3 in this area

    82 Total Sales

    Chris Watkins
    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 23-1003

APN: R387644

Oregon Lincoln County Newport 97365 Agate Beach

5249 NW Rocky Way, Newport, OR

This home is located at 5249 NW Rocky Way, Newport, OR 97365 since 01 June 2023 and is currently estimated at $799,188, approximately $696 per square foot. This property was built in 1965. 5249 NW Rocky Way is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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