$485,000
SOLD SEP 30, 2025

568 NW 3rd St Newport, OR 97365

Nye Beach Neighborhood
6 Beds
4 Baths
2,992 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

19% Below List Price

20 Days on Market

Highlights

  • Traditional Architecture
  • Zoned Cooling
  • 1-minute walk to Literacy Park
  • No HOA
  • Vinyl Flooring

About This Home

As of September 2025

In the heart of Historical Nye Beach, this wonderfully located 4 plex is in walking distance to the beach, shops and restaurants. This investment property provides onsite parking, onsite coin-operated washer and dryer. two single bedroom units and two dual bedroom units with long term and reliable tenants.

Last Agent to Sell the Property

Colleen Benson

Keller Williams Capital City, Oregon Coast License #961200091 Listed on: 07/02/2025

Keller Williams Capital City, Oregon Coast

Last Buyer's Agent

Timothy Myrick

Advantage Real Estate License #920600305

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 1979

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Metal Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Vinyl Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Zoned Cooling
  • Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Cressy Blocks Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 13100
  • Assessor Parcel Number 111105CC-13100-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,093

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Cressy Blocks
  • Directions: Hwy 101 to West on NW 3rd St.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1979
  • Contract Information:BankLender Owned: Yes
  • 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:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 13100
  • General Property Description:Total Bedrooms: 6
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Roof:Metal: Yes
  • Siding:Concrete Composite: Yes
  • HeatingCooling:Zone - Elect: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Flooring: Vinyl
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • External Features:Parking Spaces: 5.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111105CC-13100-00
  • Zoning: R-4 Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5093.19
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Sep 27, 2019
Sold by
Whiteman Carl R and Whiteman Lorene Rae
Bought by
Murphy Patricia and Murphy Robert
Seller's Agent
Out of Area
OUT OF AREA
Buyer's Agent
Amy Plechaty
Emerald Coast Realty - Depoe Bay
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$428,000
Outstanding Balance
$375,713
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$219,596

Purchase Details

Closed on
Jul 6, 2006
Sold by
Urban Design Llc
Bought by
Whiteman Carl R and Whiteman Lorene Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,080
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Staffenson Donald E and Staffenson Joyce M
Bought by
Urban Design Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $419,000 Western Title & Escrow
Warranty Deed $346,000 Western Title & Escrow Co
Warranty Deed $244,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 VA
Previous Owner $166,080 Purchase Money Mortgage
Previous Owner $164,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Sold $485,000 -19.0% $162 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $599,000 +43.0% $200 / Sq Ft
10/03/2019 10/03/19 For Sale $419,000 0.0% $140 / Sq Ft
10/01/2019 10/01/19 Sold $419,000 -- $140 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
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 $5,093 $282,260 -- --
2023 $4,973 $274,040 $0 $0
2022 $4,820 $266,060 $0 $0
2021 $4,737 $258,320 $0 $0
2020 $4,625 $250,800 $0 $0
2019 $4,426 $243,500 $0 $0
2018 $4,290 $236,410 $0 $0
2017 $4,252 $229,530 $0 $0
2016 $4,162 $222,850 $0 $0
2015 $3,859 $216,360 $0 $0
2014 $3,772 $210,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Benson

    Seller's Agent in 2025

    Colleen Benson

    Keller Williams Capital City, Oregon Coast

    (503) 830-9467

    2 in this area

    832 Total Sales

    Colleen Benson
    Section Image

  • T

    Buyer's Agent in 2025

    Timothy Myrick

    Advantage Real Estate

    (541) 270-1424

    5 in this area

    69 Total Sales

    Timothy Myrick
    Section Image

  • O

    Seller's Agent in 2019

    Out of Area

    OUT OF AREA

  • Amy Plechaty

    Buyer's Agent in 2019

    Amy Plechaty

    Emerald Coast Realty - Depoe Bay

    (541) 992-4469

    1 in this area

    190 Total Sales

    Amy Plechaty
    Section Image
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Map

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

MLS Number: 25-1519

APN: R366668

Oregon Lincoln County Newport 97365 Nye Beach

568 NW 3rd St, Newport, OR

This home is located at 568 NW 3rd St, Newport, OR 97365 and is currently priced at $485,000, approximately $162 per square foot. This property was built in 1979. 568 NW 3rd St is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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