$130,000
SOLD JAN 3, 2012

605 SW Abbey St Unit 1 Newport, OR 97365

2 Beds
2 Baths
1,214 Sq Ft
1972 Built

Recently Sold

$107 Per Sq Ft

16% Below List Price

14 Days on Market

Highlights

  • Ocean View
  • Living Room
  • 4-minute walk to Yaquina Bay Lighthouse
  • 1 Car Attached Garage

About This Home

As of October 2018

OCEAN VIEWS! End unit condo,2 decks, lighthouse view from living room and ocean/bridge views from lovely master bedroom. Stainless appl, attached garage, close to Nye Beach. Radiant heat! Exceptional!

Last Agent to Sell the Property

Barbara Le Pine

S & W REAL ESTATE Listed on: 12/01/2011

Last Buyer's Agent

Tony Holly

Yaquina Bay Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1972

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Water Heater

Community Details

  • Property has a Home Owners Association
  • Abbey Terrace Condo Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111108BC-80001-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,767

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Subdivision Name: Abbey Terrace Condo
  • Directions: Hwy 101, West on SW Abbey to address.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 1972
  • 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: Ocean
  • Location Tax and Other Information:Tax Lot: 80001
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • Internal Features:Water Heater: Electric
  • Utilities:Sewer2: City
  • Water: City
  • Utilities:Electric3: On Property
  • Utilities:Gas3: 100+ Away
  • Miscellaneous Possession: COE
  • External Features:Roof: Composition
  • External Features:Siding: Vinyl
  • External Features:Foundation: Slab
  • External Features:DeckPatio: Deck and Patio
  • External Features:Street Surface: Paved
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: Yes

Lot Info

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

Tax Info

  • Tax Annual Amount: 1767.13
  • Tax Year: 2010

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
$380,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,249
Avg. Annual Appreciation
9.92%

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:

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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 $200,000 Western Title & Escrow
Warranty Deed $130,000 Western Title & Escrow
Bargain Sale Deed $220,000 Wte
Warranty Deed $220,000 Wte
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $176,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
12/15/2011 12/15/11 Pending -- -- --
12/01/2011 12/01/11 For Sale $155,000 -- $128 / 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 $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

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Map

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

MLS Number: 11-2914

APN: R18686