NOT LISTED FOR SALE

545 SE 4th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $784,000 - $1,027,000

3 Beds
2 Baths
2,034 Sq Ft
$463/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $120,000 $59 Per Sq Ft

Est. 685% increase in value since last sale

Current estimated payment $5,883/month

44 Days on Market

Highlights

  • Bay View
  • No HOA
  • Forced Air Cooling System
  • Wood Flooring
  • 1 Car Attached Garage
  • Living Room

About This Home

As of July 2015

Lots of potential for this diamond in the rough. 3 bedrooms and 1.5 bathrooms. Great location near the bay with over 2000 sq ft and ready for new owners. This is a HomePath Property.

Last Agent to Sell the Property

Mary O'Connor

Coldwell Banker Gesik Realty, Inc Listed on: 01/05/2015

Last Buyer's Agent

Mary O'Connor

Coldwell Banker Gesik Realty, Inc Listed on: 01/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned R-2 Residential

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,034 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Bay Views
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Cooling System
  • No Heating
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5
  • Assessor Parcel Number 111108AD-1901-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,232

Year Built

Built in 1930

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: 50x100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: Hwy 20 to Fogarty, south to SE 4th, right to property.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 1930
  • Contract Information:BankLender Owned: Yes
  • 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: 1901
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Two Story
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 50x100
  • Location Tax and Other Information:Subdv ParcelLot: 5
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Siding:Lap: Yes
  • Flooring:Wood3: Yes
  • Sewer:City Property2: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Wood

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Water Source: City Property
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108AD-1901-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 2231.56
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2019
Sold by
Severson Cynthia J and Severson Thomas E
Bought by
Severson Thomas E and Severson Cynthia J
Current Estimated Value
$942,333

Purchase Details

Listed on
Jan 5, 2015
Closed on
Jul 16, 2015
Sold by
Fannie Mae
Bought by
Severson Cynthia J and Severson Thomas E
Seller's Agent
Mary O'Connor
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Mary O'Connor
Coldwell Banker Gesik Realty, Inc
List Price
$133,900
Sold Price
$120,000
Premium/Discount to List
-$13,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Sparks Jonathan and Sparks Kari
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 22, 2014
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 2005
Sold by
Robinson Evalyn
Bought by
Sparks Jonathan and Sparks Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
5.72%
Mortgage Type
Stand Alone Second
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
Severson Thomas E -- None Available
Severson Cynthia J $120,000 Wte
Federal National Mortgage Association $158,684 First American Title Ins Co
Federal National Mortgage Association -- First American Title Ins Co
Sparks Jonathan $150,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparks Jonathan $22,500
Previous Owner Sparks Jonathan $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $120,000 -10.4% $59 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $133,900 -- $66 / 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 $10,643 $589,800 -- --
2023 $10,392 $572,630 $0 $0
2022 $10,072 $555,960 $0 $0
2021 $9,898 $539,770 $0 $0
2020 $9,663 $524,050 $0 $0
2019 $9,249 $508,790 $0 $0
2018 $8,252 $454,730 $0 $0
2017 $2,653 $143,190 $0 $0
2016 $2,596 $139,020 $0 $0
2015 $2,407 $134,980 $0 $0
2014 -- $131,050 $0 $0
2013 -- $127,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mary O'Connor

    Coldwell Banker Gesik Realty, Inc

See All Agents

Map

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

MLS Number: 15-19

APN: R460712

Oregon Lincoln County Newport 97365 Bayfront

545 SE 4th St, Newport, OR

This home is located at 545 SE 4th St, Newport, OR 97365 since 05 January 2015 and is currently estimated at $942,333, approximately $463 per square foot. This property was built in 1930. 545 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.

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