NOT LISTED FOR SALE

525 SE 4th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $589,000 - $843,000

3 Beds
3 Baths
2,636 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $394,000 $149 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,355/month

8 Days on Market

Highlights

  • Bay View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of June 2019

Location location. Bay view home with a terrific view. Very popular location but not a huge amount of traffic. Home has separate appartment for inlaw's, guests etc. Very large great room on main level. Needs some updating but the home is sound. Down stairs apartment with kitchen and laundry. Great home for extended family or caregiver.

Last Agent to Sell the Property

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063 Listed on: 05/30/2019

Co-Listed By

Diana Abbott

Martek Real Estate Brokerage Phone: 541-265-8785 License #800604237

Last Buyer's Agent

Amy Boynton

Ocean Equity Real Estate & Investments, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 1993

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,636 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Bay Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 111108AD-2000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,012

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 5001 sq ft
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: US 20 east from Newport to south on Fogarty to west on 4th to address.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1993
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 2000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 5001 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 3
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Pellet Stove: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Pellet Stove
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108AD-2000-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 6012.22
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Whittier Scott
Bought by
Whittier Mark S
Current Estimated Value
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$285,018
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$385,231

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 26, 2019
Sold by
Scanlon Mike R and Martha Frances Dowell Trust
Bought by
Whittier Scott
Seller's Agent
Steve Lovas
Martek Real Estate
Buyer's Agent
Amy Boynton
Ocean Equity Real Estate & Investments, LLC
List Price
$399,000
Sold Price
$394,000
Premium/Discount to List
-$5,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
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
Whittier Mark S $395,000 Western Title & Escrow
Whittier Scott $394,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whittier Mark S $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $394,000 -1.3% $149 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $399,000 -- $151 / 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 $7,138 $395,560 -- --
2023 $6,970 $384,040 $0 $0
2022 $6,755 $372,860 $0 $0
2021 $6,638 $362,000 $0 $0
2020 $6,481 $351,460 $0 $0
2019 $6,203 $341,230 $0 $0
2018 $6,012 $331,300 $0 $0
2017 $5,959 $321,660 $0 $0
2016 $5,833 $312,300 $0 $0
2015 $5,408 $303,210 $0 $0
2014 $5,076 $282,720 $0 $0
2013 -- $290,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steve Lovas

    Martek Real Estate

    (541) 265-8785

    15 in this area

    141 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Diana Abbott

    Martek Real Estate

    (541) 270-1994

    21 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Amy Boynton

    Ocean Equity Real Estate & Investments, LLC

See All Agents

Map

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

MLS Number: 19-1082

APN: R463172

Oregon Lincoln County Newport 97365 Bayfront

525 SE 4th St, Newport, OR

This home is located at 525 SE 4th St, Newport, OR 97365 since 30 May 2019 and is currently estimated at $712,792, approximately $270 per square foot. This property was built in 1993. 525 SE 4th 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.

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