NOT LISTED FOR SALE

605 SW Abbey St Unit 1 Newport, OR 97365

Estimated Value: $358,079 - $429,000

2 Beds
2 Baths
1,124 Sq Ft
$300/mo HOA Fee

Last Sold October 16, 2018

Last sale price $200,000 $178 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,574/month

20 Days on Market

Highlights

  • Fireplace
  • Dining Room
  • Utility Room
  • Living Room
  • 1 Car Garage
  • 4-minute walk to Yaquina Bay Lighthouse

About This Home

As of October 2018

Ocean, Lighthouse, and Bridge views, from this nicely maintained end unit condo. 2 bedroom, 1.5 bath, 1,124 Sq. Ft. New carpet and paint. Newer stainless appliances, and newer washer and dryer included. Wood burning fireplace. Attached garage, and south side of building has new hardi-plank siding and paint. Trex decking with glass railing, and much more. Great location!

Last Agent to Sell the Property

Tony Holly

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200408184 Listed on: 09/20/2018

Last Buyer's Agent

Jana Westhusing

Martek Real Estate License #201213839

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1972

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Membrane Roofing

Interior Spaces

  • 1,124 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater

Community Details

  • Association fees include insurance
  • Abbey Terrace Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111108BC-80001-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,317

Year Built

Built in 1972

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Abbey Terrace Condo
  • Directions: Highway 101, West on SW Abbey (Pet Bath & Beyond) to address. Far West unit.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1972
  • Attribution Contact: (541) 265-2200
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Water Heater
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Other, Vinyl
  • Window Features: Window Treatments

Exterior Features

  • View: Bridge(s)
  • Waterfront: No
  • Construction Type: Concrete, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Garage

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Other

Lot Info

  • Parcel #: 111108BC-80001-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2316.78
  • Tax Lot: 80001
  • Tax Map Number: 00100
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 15, 2018
Sold by
Busby Sharon J and Busby Ralph H
Bought by
Mcdermott John and Mcdermott Robert
Seller's Agent
Tony Holly
Advantage Real Estate
Buyer's Agent
Jana Westhusing
Martek Real Estate
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
$387,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,770
Avg. Annual Appreciation
9.66%

Purchase Details

Listed on
Dec 1, 2011
Closed on
Dec 22, 2011
Sold by
Gannon John E
Bought by
Busby Sharon J and Busby Ralph H
Seller's Agent
Barbara Le Pine
S & W REAL ESTATE
Buyer's Agent
Tony Holly
Yaquina Bay Realty
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Oct 14, 2008
Sold by
Bolander Jesse C
Bought by
Gannon John E

Purchase Details

Closed on
Oct 11, 2007
Sold by
Gannon John E
Bought by
Bolander Jesse C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mcdermott John $200,000 Western Title & Escrow
Busby Sharon J $130,000 Western Title & Escrow
Gannon John E $220,000 Wte
Bolander Jesse C $220,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolander Jesse C $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2018 10/16/18 Sold $200,000 -2.4% $178 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $205,000 +57.7% $182 / Sq Ft
01/03/2012 01/03/12 Sold $130,000 -16.1% $107 / Sq Ft View Prior Sale
12/15/2011 12/15/11 Pending -- -- --
12/01/2011 12/01/11 For Sale $155,000 -- $128 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $2,834 $158,380 -- $158,380
2024 $2,775 $153,770 -- $153,770
2023 $2,710 $149,300 $0 $0
2022 $2,626 $144,960 $0 $0
2021 $2,581 $140,740 $0 $0
2020 $2,520 $136,650 $0 $0
2019 $2,412 $132,670 $0 $0
2018 $2,338 $128,810 $0 $0
2017 $2,317 $125,060 $0 $0
2016 $2,268 $121,420 $0 $0
2015 $2,102 $117,890 $0 $0
2014 $2,055 $114,460 $0 $0
2013 -- $111,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tony Holly

    Advantage Real Estate

  • J

    Buyer's Agent in 2018

    Jana Westhusing

    Martek Real Estate

  • B

    Seller's Agent in 2012

    Barbara Le Pine

    S & W REAL ESTATE

See All Agents

Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-86264

Oregon Coast Multiple Listing Service

APN: R18686

Oregon Lincoln County Newport 97365

605 SW Abbey St Unit 1, Newport, OR

Not Listed for Sale

Condos

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