$240,000
SOLD DEC 20, 2016

537 SW 3rd St Newport, OR 97365

3 Beds
1 Bath
1,400 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

20% Below List Price

235 Days on Market

Highlights

  • Ocean View
  • Ranch Style House
  • No HOA
  • RV Access or Parking
  • Wood Flooring
  • 2-minute walk to Coast Park

About This Home

As of February 2024

Across the street to the ocean and great beach access, in Nye Beach the ocean front neighborhood in Newport. Extensive remodel in 2012, new 35 year roof paint, appliances and heating. Hardwood floors throughout and wood burning fireplace.' Now easy show.
Great location and walking to all of the fun things in Nye Beach. Across the street to the new park.
Seller is a licensed real estate broker.

Last Agent to Sell the Property

Lucinda Chapman

Oregon Coast Properties Listed on: 01/29/2016

Last Buyer's Agent

Lucinda Chapman

Oregon Coast Properties Listed on: 01/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70 x 100
  • Property is zoned R-3 Residential

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

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

Listing and Financial Details

  • Exclusions: some furniture/fixtu
  • Tax Lot 10
  • Assessor Parcel Number 111108BC-1000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

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: 70 X 100
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Paved
  • Exclusions: some furniture/fixtu
  • Inclusions: some furniture
  • Subdivision Name: Bayley and Case's
  • Directions: SW 2nd to SW 3rd Street, up one house from Elizabeth the Ocean front street in Nye Beach.
  • Architectural Style: Ranch
  • 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
  • Location Tax and Other Information:Tax Lot: 1000
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • General Property Description:Lot Dimensions: 70 X 100
  • Location Tax and Other Information:Subdv ParcelLot: 10
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Flooring:Wood3: Yes
  • Miscellaneous:Den: Yes
  • Miscellaneous Exclusions: some furniture/fixtu
  • Foundation:PillarPostPier: Yes
  • Siding:Shake2: Yes
  • Miscellaneous Possession: close of escrow
  • External Features:Roof: Composition
  • External Features:Siding: Cedar
  • External Features:DeckPatio: Covered Patio
  • External Features:Street Surface: Paved
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pillar/Post/Pier, Slab
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

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

Tax Info

  • Tax Annual Amount: 3051.59
  • Tax Year: 2014

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
1.29%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $518,000 Western Title
Warranty Deed $240,000 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,100 New Conventional
Previous Owner $182,000 New Conventional
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

    90 Total Sales

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Map

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

MLS Number: 15-151

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 and is currently priced at $240,000, approximately $171 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.

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