NOT LISTED FOR SALE

537 SW 3rd St Newport, OR 97365

Estimated Value: $455,000 - $568,000

3 Beds
1 Bath
1,226 Sq Ft
$421/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $518,000 $423 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,107/month

18 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Attached Garage
  • RV Access or Parking
  • No HOA
  • 2-minute walk to Coast Park

About This Home

As of February 2024

Across the street to the ocean, in Newport's oceanfront historic district, Nye Beach; this rare three bedroom ranch one story home, has been completely remodeled with quality and attention to detail. Plenty of room for RV parking and oversized lot for your family and pets.
Upgrades galore and several of the furnishings convey with the price. This won't last long.

Last Agent to Sell the Property

Lucinda Chapman

Equity Oregon Real Estate License #0331599 Listed on: 12/23/2023

Last Buyer's Agent

Michele Hallmark

Coldwell Banker Professional Group - Newport License #201235221

Coldwell Banker Professional Group - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,899

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R-3 Residential

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • Attached Garage
  • RV Access or Parking

Accessible Home Design

  • Handicap Accessible

Utilities

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

Community Details

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

Listing and Financial Details

  • Exclusions: see list*
  • Tax Lot 1000
  • Assessor Parcel Number 111108BC-1000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,899

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Paved
  • Exclusions: see list*
  • Inclusions: appliances, furnitur
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to Olive Street, west on Olive to Coast St, to SW 3rd Street. Across the street from the ocean in Nye Beach.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1962
  • 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: 0.16
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Gas:None6: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • Foundation:Combination: Yes
  • Siding:Wood: Yes
  • Miscellaneous Exclusions: see list*
  • Miscellaneous:Handicap Accessible: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • View: Ocean
  • Foundation Details: Combination
  • Roof: Composition
  • Water On Property: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: On Property, Public
  • HeatingCooling:Electric Baseboard: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108BC-1000-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 3899.21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
Feb 26, 2024
Sold by
Mccleney Bryan and Venditti Robbi
Bought by
Kaiser Benjamin C and Geare Jody M
Seller's Agent
Lucinda Chapman
Equity Oregon Real Estate
Buyer's Agent
Michele Hallmark
Coldwell Banker Professional Group - Newport
List Price
$595,000
Sold Price
$518,000
Premium/Discount to List
-$77,000
-12.94%
Views
48
Current Estimated Value
$520,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,950
Avg. Annual Appreciation
1.24%
Original Mortgage
$492,100
Outstanding Balance
$486,237
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$41,145

Purchase Details

Closed on
Sep 27, 2016
Sold by
Chapman Lucinda and Sweeney Peyton Fletcher
Bought by
Mccleney Bryan and Venditti Robbi

Purchase Details

Closed on
Oct 9, 2012
Sold by
Chapman Lucinda
Bought by
Chapman Lucinda and Sweeney Peyton Fletcher
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kaiser Benjamin C $518,000 Western Title
Mccleney Bryan $240,000 Western Title & Escrow
Chapman Lucinda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaiser Benjamin C $492,100
Previous Owner Chapman Lucinda $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $518,000 -12.9% $423 / Sq Ft
12/21/2023 12/21/23 For Sale $595,000 +147.9% $485 / Sq Ft
12/20/2016 12/20/16 Sold $240,000 -19.7% $171 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $299,000 -- $214 / 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 $4,120 $228,330 -- --
2023 $4,023 $221,680 $0 $0
2022 $3,899 $215,230 $0 $0
2021 $3,832 $208,970 $0 $0
2020 $3,741 $202,890 $0 $0
2019 $3,581 $196,990 $0 $0
2018 $3,471 $191,260 $0 $0
2017 $3,440 $185,690 $0 $0
2016 $3,367 $180,290 $0 $0
2015 $3,122 $175,040 $0 $0
2014 $3,052 $169,950 $0 $0
2013 -- $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucinda Chapman

    Seller's Agent in 2024

    Lucinda Chapman

    Equity Oregon Real Estate

    (541) 270-3435

    8 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Michele Hallmark

    Coldwell Banker Professional Group - Newport

    (541) 430-5415

    93 Total Sales

    Section Image
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Map

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

MLS Number: 23-2269

APN: R272123

Oregon Lincoln County Newport 97365

537 SW 3rd St, Newport, OR

This home is located at 537 SW 3rd St, Newport, OR 97365 since 23 December 2023 and is currently estimated at $516,045, approximately $420 per square foot. This property was built in 1962. 537 SW 3rd 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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