NOT LISTED FOR SALE

5705 SW Arbor Dr Unit 118 Newport, OR 97366

South Beach Neighborhood

Estimated Value: $131,597 - $635,000

0.13 Acre
$2,279,992 Price per Acre
5,662 Sq Ft Lot

Last Sold March 25, 2019

Last sale price $90,000

Est. 229% increase in value since last sale

Current estimated payment $1,991/month

361 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Sport Court
  • Gated Community
  • Community Spa
  • 5-minute walk to South Jetty (South Beach State Park)

About This Lot

As of March 2019

Great opportunity to build your dream beach house in a private gated community nestled along miles of sandy beaches! Great location just minutes to downtown Newport. 3 lots are for sale listed at 98,900 each. Ready to build with UG- utilities to street, HOA fee's are not due until house is built.

Last Agent to Sell the Property

Jacob Price

Keller Williams Sunset Corridor License #201216206 Listed on: 03/21/2018

Keller Williams Sunset Corridor

Last Buyer's Agent

Barbara Greenman

Greenman Properties License #900400097

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,608

Lot Details

  • 5,662 Sq Ft Lot
  • Gated Home
  • Level Lot
  • Property is zoned R4

HOA Fees

  • $167 Monthly HOA Fees

Schools

  • Sam Case Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number R521654

Community Details

Overview

  • Southshore Subdivision

Recreation

  • Sport Court
  • Fitness Center
  • Community Spa

Additional Features

  • Sauna
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,608

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Manufactured Home Allowed: No
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: No
  • View: No
  • Road Frontage: Yes
  • Lot Features: Gated
  • Road Surface Type: Paved
  • Disclosures: Disclosure

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, NaturalGasAvailable, PhoneConnected, SewerAvailable, UndergroundUtilities, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association Amenities: AthleticCourt, Gated, Sauna, SpaHotTub, WeightRoom
  • Association Fee: 502.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Sam Case
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Zoning: R4
  • Present Use: Residential
  • Additional Parcels: No
  • Land Description: Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.0
  • Number Of Lots: 1
  • Parcel #: R521654

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 1607.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Sexton David and Sexton Nancy
Bought by
Sexton Revocable Trust and Sexton
Total Days on Market
361
Current Estimated Value
$296,399

Purchase Details

Listed on
Mar 21, 2018
Closed on
Mar 21, 2019
Sold by
Biggi Construction Llc
Bought by
Sexton David and Sexton Nancy
Seller's Agent
Jacob Price
Keller Williams Sunset Corridor
Buyer's Agent
Barbara Greenman
Greenman Properties
List Price
$98,900
Sold Price
$90,000
Premium/Discount to List
-$8,900
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Source: Public Records

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Range of Values:

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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
Sexton Revocable Trust -- None Listed On Document
Sexton David $90,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $90,000 -9.0% --
03/17/2019 03/17/19 Pending -- -- --
03/21/2018 03/21/18 For Sale $98,900 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $1,925 $106,710 $106,710 --
2023 $1,880 $103,610 $0 $0
2022 $1,823 $100,600 $0 $0
2021 $1,791 $97,670 $0 $0
2020 $1,749 $94,830 $0 $0
2019 $1,674 $92,070 $0 $0
2018 $1,622 $89,390 $0 $0
2017 $1,608 $86,790 $0 $0
2016 $1,574 $84,270 $0 $0
2015 $1,459 $81,820 $0 $0
2014 $1,426 $79,440 $0 $0
2013 -- $77,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18374820

Regional Multiple Listing Service (RMLS)

APN: R521654