NOT LISTED FOR SALE

56 SW Cottage St Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $552,000 - $579,000

3 Beds
2 Baths
2,184 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $300,000 $137 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,402/month

162 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • 3-minute walk to Literacy Park

About This Home

As of February 2018

Renovated 19th Century home in the heart of Newport. Solid hardwood floors throughout, newer vinyl windows, updated kitchen with stainless appliances, and upgraded bathrooms. 3 beds, 2 baths, 2 car garage and extra 480 sf SHOP space! New paint and carpet! Large wrap-around deck with patio seating and arbor, fenced yard area and low maintenance landscaping. HOT TUB and SAUNA included. Master bedroom upstairs features ocean peeks, an attached bath, and walk-in closet.

Last Agent to Sell the Property

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892 Listed on: 07/19/2017

Last Buyer's Agent

Heidi Rogers

At the Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Irregular Lot
  • Property is zoned R-4 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shake Roof
  • Cedar Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Wood Flooring
  • Ocean Views
  • Natural lighting in basement
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • No Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Newport Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 111108BA-10500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,129

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.08
  • Lot Size: Irr
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: Newport
  • Directions: In Newport, west on Olive St, left on Cottage to address on right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1890
  • 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: 0.08
  • Location Tax and Other Information:Tax Lot: 10500
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: Irr
  • Location Tax and Other Information:Subdv ParcelLot: 19
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Roof:Shake: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Shake
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BA-10500-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 4129.01
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Feb 2, 2018
Sold by
Vanderbeck Jillian and Vanderbeck Lance
Bought by
Boyd Linda Diane and Boyd Robert Keith
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$380,000
Sold Price
$300,000
Premium/Discount to List
-$80,000
-21.05%
Current Estimated Value
$562,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,264
Avg. Annual Appreciation
8.53%
Original Mortgage
$240,000
Outstanding Balance
$203,054
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$359,210

Purchase Details

Closed on
Nov 3, 2015
Sold by
Wilson Lucinda S
Bought by
Vanderbeck Jillian and Vanderbeck Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.99%
Mortgage Type
FHA
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
Boyd Linda Diane $300,000 Western Title & Escrow
Vanderbeck Jillian $205,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Linda Diane $240,000
Previous Owner Vanderbeck Jillian $201,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2018 02/15/18 Sold $300,000 -21.1% $137 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $380,000 -- $174 / 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 $5,053 $280,010 -- --
2023 $4,934 $271,860 $0 $0
2022 $4,782 $263,950 $0 $0
2021 $4,699 $256,270 $0 $0
2020 $4,588 $248,810 $0 $0
2019 $4,391 $241,570 $0 $0
2018 $4,256 $234,540 $0 $0
2017 $4,218 $227,710 $0 $0
2016 $4,129 $221,080 $0 $0
2015 $3,828 $214,650 $0 $0
2014 $3,563 $198,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

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Map

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

MLS Number: 17-2114

APN: R239307

Oregon Lincoln County Newport 97365 Nye Beach

56 SW Cottage St, Newport, OR

This home is located at 56 SW Cottage St, Newport, OR 97365 since 19 July 2017 and is currently estimated at $562,264, approximately $257 per square foot. This property was built in 1890. 56 SW Cottage 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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