NOT LISTED FOR SALE

Estimated Value: $659,000 - $972,000

3 Beds
3 Baths
2,400 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $826,000 $344 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,247/month

41 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Vaulted Ceiling
  • Bay View
  • Contemporary Architecture
  • No HOA

About This Home

As of December 2021

BEST LOCATION IN NEWPORT. This 3 bed, 3 bath home has had a complete remodel down to the STUDS! All new electrical, plumbing, insulation, sheetrock, floors, kitchens, bathrooms, appliances and much much more. NEW 50 year presidential architectural roof, hardie plank siding, vinyl windows/sliders. Large 12' x 48' deck with hot tub and great views of the HISTORIC YAQUINA BRIDGE and BAY. Vaulted ceilings with Cedar Beams, COZY gas fireplace, under cabinet and toe kick lighting, SS appliances and Quartz counters throughout. R/V or Trailer parking, with two driveways, one of them custom stamped with compass. Home has Ductless Heat pump for A/C and gas forced air for heating. ONE MINUTE WALK TO BAYFRONT. Seller is the listing agent and a licensed Real Estate Broker in the State of Oregon

Last Agent to Sell the Property

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 10/09/2021

Last Buyer's Agent

Ross Rehberg

Vacasa Real Estate LLC License #201217993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75' x 107'
  • Property is zoned R-2 Residential

Property Views

  • Bay
  • Bridge

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Family Room
  • Living Room
  • Vinyl Flooring
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • Tax Lot 8 & 9, PTN of alley
  • Assessor Parcel Number 111108AD-5000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,234

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.18
  • Lot Size: 75' x 107'
  • Lot Size Sq Ft: 7840.8
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: Hwy 20 to SE Fogarty Street, turn west on SE 4th Street.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1959
  • 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:Lot SqFt: 8025
  • General Property Description:_pound_ of Acres: 0.18
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 75' x 107'
  • Location Tax and Other Information:Subdv ParcelLot: 8 & 9, PTN of alley
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • Ceiling:Beam: Yes
  • Alternate Heat:Gas FP Insert: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter
  • 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: 1
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Ductless Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108AD-5000-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 5234.07
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Dec 20, 2021
Sold by
Ocean Equity Investments Llc
Bought by
Vagg Brian R and Vagg Shelby D
Seller's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Ross Rehberg
Vacasa Real Estate LLC
List Price
$899,000
Sold Price
$826,000
Premium/Discount to List
-$73,000
-8.12%
Current Estimated Value
$848,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,426
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Samson Donald D and Samson Celeste J
Bought by
Ocean Equity Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Kennison Jesse T and Kennison Dianna L
Bought by
Samson Donald D and Samson Celeste J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 2005
Sold by
Mines Gary L and Mines Vicki R
Bought by
Chan David K and Cheng Liann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac
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
Vagg Brian R $826,000 Western Title & Escrow
Ocean Equity Investments Llc $301,100 Western Title & Escrow
Samson Donald D $300,000 First American Title Ins Co
Chan David K $135,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ocean Equity Investments Llc $400,000
Previous Owner Ocean Equity Investments Llc $410,000
Previous Owner Ocean Equity Investments Llc $250,000
Previous Owner Samson Donald D $234,000
Previous Owner Samson Donald D $240,000
Previous Owner Chan David K $101,250
Previous Owner Kennison Jesse T $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $826,000 -8.1% $344 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $899,000 -- $375 / 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 $7,482 $414,670 -- --
2023 $7,306 $402,600 $0 $0
2022 $7,081 $390,880 $0 $0
2021 $6,959 $379,500 $0 $0
2020 $5,234 $283,860 $0 $0
2019 $5,010 $275,600 $0 $0
2018 $4,856 $267,580 $0 $0
2017 $4,813 $259,790 $0 $0
2016 $4,711 $252,230 $0 $0
2015 $4,367 $244,890 $0 $0
2014 $4,269 $237,760 $0 $0
2013 -- $230,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 21-2417

APN: R42380