NOT LISTED FOR SALE

525 E Olive St Newport, OR 97365

Estimated Value: $348,301

1.3 Acres
$267,924 Price per Acre
56,628 Sq Ft Lot

Last Sold September 19, 2017

Last sale price $897,750 $1,039 Per Sq Ft

Current estimated payment $2,134/month

249 Days on Market

About This Lot

As of September 2017

Price based on land value 56000 sq. ft.
Buildings have little or no value.

Last Agent to Sell the Property

Woody Ouderkirk

Mishey Real Estate License #890400094 Listed on: 11/26/2016

Last Buyer's Agent

Woody Ouderkirk

Mishey Real Estate License #890400094 Listed on: 11/26/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,498

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 300 x 190
  • Property fronts a highway
  • Level Lot
  • Property is zoned C - Commercial

Utilities

  • Electricity To Lot Line
  • Gas Available at Street
  • Septic System

Listing and Financial Details

  • Tax Lot 1- 12
  • Assessor Parcel Number 111108AA-5200-00

Property Details

Property Type

Land

Est. Annual Taxes

$2,498

Lot Details

0

Listing Details

  • Property Sub Type: Land - Commercial
  • Prop. Type: Land-Commercial
  • Road Frontage Type: Highway
  • Lot Size Acres: 1.3
  • Lot Size: 300 X 190
  • Lot Size Sq Ft: 56628.0
  • Road Surface Type: Paved
  • Directions: Prime Hwy 20 frontage. east side of Hwy 101. Central location. Five blocks from Hwy 101 intersection
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 1.3
  • Location Tax and Other Information:Tax Lot: 700
  • Miscellaneous Survey: Surveyed
  • Topography:Level: Yes
  • Gas:At Street3: Yes
  • Septic:Sewer: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 300 X 190
  • Location Tax and Other Information:Subdv ParcelLot: 1- 12
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Water Source: Public

Lot Info

  • Parcel #: 111108AA-5200-00
  • Zoning: C - Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2497.7
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Paulson Ronald G and Paulson Karen
Bought by
M And T Lands Llc
Current Estimated Value
$348,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
M And T Lands Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & T Lands Llc $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2017 09/19/17 Sold $897,750 -18.4% $1,039 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
11/26/2016 11/26/16 For Sale $1,100,000 -- $1,273 / 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 $2,330 $129,140 -- --
2023 $2,275 $125,380 $0 $0
2022 $2,205 $121,730 $0 $0
2021 $2,167 $118,190 $0 $0
2020 $2,116 $114,750 $0 $0
2019 $2,025 $111,410 $0 $0
2018 $1,963 $108,170 $0 $0
2017 $1,946 $105,020 $0 $0
2016 $1,904 $101,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Woody Ouderkirk

    Seller's Agent in 2017

    Woody Ouderkirk

    Mishey Real Estate

    (541) 961-1128

    7 Total Sales

    Woody Ouderkirk
    Section Image
See All Agents

Map

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

MLS Number: 16-451

APN: R328548

Oregon Lincoln County Newport 97365

525 E Olive St, Newport, OR

This home is located at 525 E Olive St, Newport, OR 97365 since 26 November 2016 and is currently estimated at $348,301, approximately $403 per square foot. 525 E Olive St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes