$525,000
SOLD DEC 26, 2024

551 NE 20th Place Newport, OR 97365

3 Beds
2 Baths
1,696 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Fireplace
  • Ranch Style House
  • Den
  • 2 Car Attached Garage

About This Home

As of December 2024

Sea Lake Terrace Home! Discover the charm of one of Newport's established neighborhoods, just moments from shopping, schools, and a short stroll to the beach! Built in 1973, this ranch-style home beautifully retains its original character while offering modern conveniences.
Step inside to an inviting open layout that seamlessly connects the living room, dining area, and kitchen, perfect for entertaining. The cozy fireplace serves as a stunning focal point in the living room and the adjoining bonus room, ideal for relaxation or gatherings.
This lovely home features 3 bedrooms and 2 baths, all situated on a spacious .17-acre lot, providing ample space for gardening and outdoor activities. Don't miss out on this gem—schedule a showing today! This home won't last long! Easy to show.

Last Agent to Sell the Property

Chris Watkins

Windermere West Coast Properties License #200804085 Listed on: 09/20/2024

Windermere West Coast Properties

Last Buyer's Agent

Audra Powell

Advantage Real Estate License #200404265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,978

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-10 Residential Low Density

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,696 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Additional Features

  • Level Entry For Accessibility
  • Patio

Community Details

  • No Home Owners Association
  • Sea Lake Terrace Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 101132DD-4900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,978

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Paved
  • Subdivision Name: Sea Lake Terrace
  • Directions: North Newport, to 20th Place, North of Fred Meyer, to address on the left.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1973
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 7405 sq ft
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4900
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: No
  • Location Tax and Other Information:Subdv ParcelLot: 28
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:T1-11: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Patio: Yes
  • Handicap Features:Level Entry: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Other, Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: Sea Lake Terrace, Lot 28 &PTN of 29
  • Parcel #: 101132DD-4900-00
  • Zoning: R-10 Residential Low Density

Tax Info

  • Tax Annual Amount: 4977.63
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Dec 26, 2024
Sold by
Golden Rodney E
Bought by
Cahn Tracy L
Seller's Agent
Chris Watkins
Windermere West Coast Properties
Buyer's Agent
Audra Powell
Advantage Real Estate
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
18
Current Estimated Value
$526,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,726
Avg. Annual Appreciation
0.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Personal Reps Deed $525,000 Western Title
Personal Reps Deed $525,000 Western Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $525,000 -4.5% $310 / Sq Ft
09/20/2024 09/20/24 For Sale $550,000 -- $324 / 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 $5,098 $282,500 -- --
2023 $4,978 $274,280 $0 $0
2022 $4,824 $266,300 $0 $0
2021 $4,741 $258,550 $0 $0
2020 $4,629 $251,020 $0 $0
2019 $4,430 $243,710 $0 $0
2018 $4,294 $236,620 $0 $0
2017 $4,256 $229,730 $0 $0
2016 $4,166 $223,040 $0 $0
2015 $3,862 $216,550 $0 $0
2014 $3,697 $205,900 $0 $0
2013 -- $209,300 $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: 24-2098

APN: R321520