NOT LISTED FOR SALE

5940 SW Arbor Dr Newport, OR 97366

South Beach Neighborhood

Estimated Value: $647,000 - $848,000

3 Beds
2 Baths
1,684 Sq Ft
$458/Sq Ft Est. Value

Last Sold February 07, 2018

Last sale price $405,000 $240 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,030/month

6 Days on Market

Highlights

  • Bridge View
  • Wood Flooring
  • 2 Car Attached Garage
  • Cape Cod Architecture
  • Covered patio or porch
  • 3-minute walk to South Jetty (South Beach State Park)

About This Home

As of February 2018

Hurry! and I mean Hurry!. This house is the only single story house in Southshore, for sale!.. It may be the only one with a view of the park (pond, waterfall and bridge) to the West and a beautiful view of the manicured round about to the east. Well designed to accommodate ez, comfortable lifestyle with panache!. Fenced back yard for pets; lighted steps on porch areas; wood floors, granite eating counter; Even T&G walls and ceiling in the garage. This is will sale in a snap. Beach side community with clubhouse/pool, sauna, fitness, Indoor tennis, private access to miles of sandy beach and so much more. HOA dues: 568/qtr. (gates down 24-7) Private, safe community:-) For ccr, rules and regs: www.southshorehoa.com. (house plans available upon request)

Last Agent to Sell the Property

Barbara Greenman

Greenman Properties Brokerage Email: barb@greenmanproperties.com License #900400097 Listed on: 01/07/2018

Last Buyer's Agent

Sonja Lovas

Martek Real Estate License #201104108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 2012

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bridge
  • Park or Greenbelt

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Hot Water Heating System
  • Electricity To Lot Line

Community Details

  • Larry Brown Association, Phone Number (503) 317-2149
  • Secondary HOA Phone (503) 317-2149
  • Southshore Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 111119DD-1500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,981

Year Built

Built in 2012

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Lot Size: 6098 sq ft
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: Southshore
  • Directions: 1.5 Miles S. of Yaquina Bay Bridge. Rt. on SW 62nd; Rt. on SW Arbor through gate; Stay on SW Arbor to round about- follow it around to the west . House is the middle of 3 houses.
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 2012
  • Attribution Contact: barb@greenmanproperties.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Park
  • General Property Description:Secondary View: Bridge
  • General Property Description:_pound_ of Acres: 0.14
  • Location Tax and Other Information:Tax Lot: 1500
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 6098 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: 70
  • General Property Description:Property Sub-Type: Single Family Residence
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Hardi Plank: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Covered Porch: Yes
  • Miscellaneous Possession: TBD
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Window Features: Window Coverings

Exterior Features

  • View: Park
  • Foundation Details: Cont/Con
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Association Fee: 568.0
  • Association Fee Frequency: Quarterly
  • Phone: +1 503-317-2149
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Quarterly
  • CondoAssociation:Assoc Contact Name: larry brown
  • CondoAssociation:Assoc Contact Phone: 15033172149

Lot Info

  • Parcel #: 111119DD-1500-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4981.21
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Chamberlain Charles C and Chamberlain Marcia M
Bought by
Rauch Cynthia and Rauch Joe
Total Days on Market
6
Current Estimated Value
$771,869

Purchase Details

Listed on
Jan 7, 2018
Closed on
Feb 1, 2018
Sold by
Shaw Steven L and Shaw Patricia M
Bought by
Georger Jeffrey J and Georger Cynthia J
Seller's Agent
Barbara Greenman
Greenman Properties
Buyer's Agent
Sonja Lovas
Martek Real Estate
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$85,000
Interest Rate
4.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 9, 2011
Sold by
Black Richard J and Black Marilynn S
Bought by
Shaw Steven L and Shaw Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
South Shores Development Llc
Bought by
Black Richard J and Black Marilyn S
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
Rauch Cynthia $725,000 Western Title & Escrow
Georger Jeffrey J $405,000 Western Title & Escrow
Shaw Steven L $120,000 Western Title & Escrow
Black Richard J $95,810 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Georger Jeffrey J $85,000
Previous Owner Shaw Steven L $270,000
Previous Owner Shaw Steven L $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $405,000 -2.4% $240 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $415,000 -- $246 / 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 $6,096 $337,820 -- --
2023 $5,952 $327,990 $0 $0
2022 $5,769 $318,440 $0 $0
2021 $5,669 $309,170 $0 $0
2020 $5,535 $300,170 $0 $0
2019 $5,298 $291,430 $0 $0
2018 $5,135 $282,950 $0 $0
2017 $5,089 $274,710 $0 $0
2016 $4,981 $266,710 $0 $0
2015 $4,618 $258,950 $0 $0
2014 $4,514 $251,410 $0 $0
2013 -- $244,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Greenman

    Seller's Agent in 2018

    Barbara Greenman

    Greenman Properties

    (503) 997-7953

    Section Image

  • S

    Buyer's Agent in 2018

    Sonja Lovas

    Martek Real Estate

    (541) 961-3866

    12 in this area

    193 Total Sales

    Sonja Lovas
    Section Image
See All Agents

Map

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

MLS Number: 17-3278

APN: R510083

Oregon Lincoln County Newport 97366 South Beach

5940 SW Arbor Dr, Newport, OR

This home is located at 5940 SW Arbor Dr, Newport, OR 97366 since 07 January 2018 and is currently estimated at $771,869, approximately $458 per square foot. This property was built in 2012. 5940 SW Arbor Dr 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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