NOT LISTED FOR SALE

533 SE 4th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $527,000 - $855,000

3 Beds
2 Baths
1,740 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $445,000 $256 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,939/month

426 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • No HOA
  • Deck
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of October 2019

Move-In Ready home has fabulous views of YAQUINA BAY and BRIDGE, boats and wildlife! Thoughtful floor plan maximizes views and OPEN-CONCEPT living, dining and kitchen areas! Walls of windows, vaulted ceilings and a skylight in the kitchen allow for light to fill this well appointed home! High end features throughout! Perfectly LOCATED in a very quiet and desirable neighborhood but just steps from the HISTORIC BAY FRONT, shops and restaurants! Enjoy year round sunsets on the south-facing large DECK and one of the best places in town to view the fireworks, electric boat parade and the boats in the harbor! Backyard features a low maintenance landscaped, terraced garden, waterfall and established plantings! Master Suite with a private balcony! Room to add a rail system elevator.

Last Agent to Sell the Property

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 06/20/2018

Co-Listed By

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892

Last Buyer's Agent

Natividad Grajeda-Weber

Coastal Dreams Real Estate LLC License #200403280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1981

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Bridge

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding
  • T111 Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 111108AD-1900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,492

Year Built

Built in 1981

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: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: From E. Olive, turn on SE Fogarty St, right on SE 4th, follow to property on right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1981
  • 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: Bridge
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 1900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 4
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Ceiling:Vaulted: Yes
  • Siding:T1-11: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • DeckPatio:Patio: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Bay
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108AD-1900-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 3492.19
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Sep 24, 2019
Sold by
Hannah Paul and Hannah Virginia C
Bought by
Galicia Efrain Ruiz and Fernandez Rosa Garcia
Seller's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Natividad Grajeda-Weber
Coastal Dreams Real Estate LLC
List Price
$519,000
Sold Price
$445,000
Premium/Discount to List
-$74,000
-14.26%
Current Estimated Value
$658,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,809
Avg. Annual Appreciation
7.45%
Original Mortgage
$422,750
Outstanding Balance
$375,112
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$303,812
Source: Public Records

Range of Values:

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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
Galicia Efrain Ruiz $445,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galicia Efrain Ruiz $422,750
Previous Owner Hannah Paul $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $445,000 -14.3% $256 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
06/20/2018 06/20/18 For Sale $519,000 -- $298 / 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 $4,183 $231,800 -- --
2023 $4,084 $225,050 $0 $0
2022 $3,958 $218,500 $0 $0
2021 $3,890 $212,140 $0 $0
2020 $3,798 $205,970 $0 $0
2019 $3,635 $199,980 $0 $0
2018 $3,523 $194,160 $0 $0
2017 $3,492 $188,510 $0 $0
2016 $3,418 $183,020 $0 $0
2015 $3,169 $177,690 $0 $0
2014 $3,098 $172,520 $0 $0
2013 -- $167,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brodie Becksted

    Ocean Equity Real Estate & Investments, LLC

  • H

    Seller Co-Listing Agent in 2019

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

  • N

    Buyer's Agent in 2019

    Natividad Grajeda-Weber

    Coastal Dreams Real Estate LLC

    (541) 961-5015

    23 Total Sales

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Map

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

MLS Number: 18-1658

APN: R458450

Oregon Lincoln County Newport 97365 Bayfront

533 SE 4th St, Newport, OR

This home is located at 533 SE 4th St, Newport, OR 97365 since 20 June 2018 and is currently estimated at $678,924, approximately $390 per square foot. This property was built in 1981. 533 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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