NOT LISTED FOR SALE

55 SW Coast St Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $417,715 - $601,000

2 Beds
2 Baths
1,480 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $336,000 $227 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,750/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Den
  • Wood Flooring
  • No HOA
  • 1-minute walk to Coast Park

About This Home

As of July 2020

Location, Location, Location! This home which is located across from the Performing Art Center and the City Park is absolutely charming! Panoramic Ocean views from the Master Bedrooms wall of windows! The upstairs master bedroom/bath has been remodeled and there is a low step in shower. The main level also has an enclosed porch. The lower level has a little sitting area and bedroom, with an entrance from the outside. The back yard is very private and the storage shed with a little work would be a great space for a studio or potential Auxiliary Dwelling Unit (Check with the City for building permits and usage) Zoned Commercial so there are many potential uses. Walking distance to Nye Beach, shops, grocery store, and best of all it's only 2 blocks from the beach

Last Agent to Sell the Property

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 05/27/2020

Last Buyer's Agent

Andrew Rosborough

John L Scott Newport License #201230531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned C-2 General Commercial

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • Beamed Ceilings
  • Living Room
  • Den
  • Bonus Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Shed
  • Heating Available

Community Details

  • No Home Owners Association
  • Barlow Blocks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111108BB-22100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,161

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 4,160
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Barlow Blocks
  • Directions: Hwy 101 then west on Olive, left on Coast to address.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1915
  • Attribution Contact: 541-265-8785
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Basement YN: No
  • Total Bedrooms: 2
  • Flooring: Vinyl, Wood
  • Interior Amenities: Beamed Ceilings
  • Window Features: Window Treatments

Exterior Features

  • Waterfront: No
  • Construction Type: Shake Siding, Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BB-22100-00
  • Zoning: C-2 General Commercial

Tax Info

  • Tax Annual Amount: 2160.82
  • Tax Lot: 22100
  • Tax Map Number: 111108BB
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 29, 2020
Sold by
Lyles Patsy Ann
Bought by
Purpuree Victor Curtis and Emery Timmy Lee
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Andrew Rosborough
John L Scott Newport
List Price
$335,000
Sold Price
$336,000
Premium/Discount to List
$1,000
0.3%
Current Estimated Value
$482,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,929
Avg. Annual Appreciation
6.96%
Original Mortgage
$302,400
Outstanding Balance
$266,950
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$215,979
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Purpuree Victor Curtis $336,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purpuree Victor Curtis $302,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $336,000 +0.3% $227 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $335,000 -- $226 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $2,539 $141,910 -- --
2024 $2,486 $137,780 -- --
2023 $2,428 $133,770 $0 $0
2022 $2,353 $129,880 $0 $0
2021 $2,312 $126,100 $0 $0
2020 $2,257 $122,430 $0 $0
2019 $2,161 $118,870 $0 $0
2018 $2,094 $115,410 $0 $0
2017 $2,076 $112,050 $0 $0
2016 $2,032 $108,790 $0 $0
2015 $1,884 $105,630 $0 $0
2014 $1,842 $102,560 $0 $0
2013 -- $99,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    15 in this area

    163 Total Sales

    Sonja Lovas
    Section Image

  • A

    Buyer's Agent in 2020

    Andrew Rosborough

    John L Scott Newport

See All Agents

Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-90812

Oregon Coast Multiple Listing Service

APN: R222850

Oregon Lincoln County Newport 97365 Nye Beach

55 SW Coast St, Newport, OR

Not Listed for Sale

Detached

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