NOT LISTED FOR SALE

612 SE 5th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $950,000 - $1,246,000

3 Beds
3 Baths
3,072 Sq Ft
$355/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $675,000 $220 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,647/month

5 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • Bonus Room
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of May 2020

Enjoy spectacular bay and bridge views from this bay-front home in Newport. Enjoy front-row seats to the July 4th fireworks. There is a view from most every room in the house. Home has open concept living on the main floor with beautiful hardwood floors and modern kitchen with tile countertops, stainless steel appliances and big island with bar seating. The entire upper floor is the master suite with a bonus room for crafting, sewing, painting or other hobby. A double-sided gas fireplace will warm you on those winter nights. Master bath has large jetted tub with views along with a separate shower and walk-in closet. Lower level has separate entrace and its own driveway with possibility of mother-in-law. Zoned R2. Don't miss out on this gem!

Last Agent to Sell the Property

Diana Abbott

Martek Real Estate Brokerage Phone: 541-265-8785 License #800604237 Listed on: 03/10/2020

Co-Listed By

Doretta Smith

Martek Real Estate Brokerage Phone: 541-265-8785 License #200707030

Last Buyer's Agent

Randy Olsen

Advantage Real Estate License #201207873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,445

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Bridge

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 3,072 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • Tax Lot 1 & 2
  • Assessor Parcel Number 111108AD-8000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,445

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: Corner of Bay Blvd and Fogarty
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1956
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Bridge
  • General Property Description:_pound_ of Acres: 0.19
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 08000
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 1 & 2
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Flooring:Tile2: Yes
  • Siding:Shake2: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Cont/Con
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108AD-8000-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 10445.08
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 24, 2020
Sold by
Kay Kenneth E and Kay Diane S
Bought by
Giacalone Peter and Giacalone Laura
Seller's Agent
Diana Abbott
Martek Real Estate
Buyer's Agent
Randy Olsen
Advantage Real Estate
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Total Days on Market
5
Current Estimated Value
$1,035,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,906
Avg. Annual Appreciation
8.43%
Original Mortgage
$450,000
Outstanding Balance
$403,494
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$633,083

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 21, 2014
Sold by
Mcmanus Dennis P
Bought by
Kay Kenneth E and Kay Diane S
Seller's Agent
Deanna Tacchini
Windermere West Coast Properties
Buyer's Agent
Wendy Weimer
Beachcomber Real Estate, LLC
List Price
$524,000
Sold Price
$485,000
Premium/Discount to List
-$39,000
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$436,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2010
Sold by
Mcmanus Dennis P and Mcmanus Dennis P
Bought by
Mcmanus Dennis P and Dennis P Mcmanus Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2008
Sold by
Harland Debra
Bought by
Mcmanus Dennis P

Purchase Details

Closed on
Jun 27, 2005
Sold by
Mcmanus Dennis P
Bought by
Mcmanus Dennis P and Dennis P Mcmanus Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Giacalone Peter $675,000 Western Title & Escrow
Kay Kenneth E $485,000 Western Title & Escrow
Mcmanus Dennis P -- Premier Title Of Oregon
Mcmanus Dennis P -- None Available
Mcmanus Dennis P -- Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giacalone Peter $450,000
Previous Owner Kay Kenneth E $436,000
Previous Owner Mcmanus Dennis P $150,000
Previous Owner Mcmanus Dennis P $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $675,000 -3.4% $220 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $699,000 +44.1% $228 / Sq Ft
07/24/2014 07/24/14 Sold $485,000 -7.4% $147 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $524,000 -- $158 / 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 $12,019 $666,090 -- --
2023 $11,736 $646,690 $0 $0
2022 $11,375 $627,860 $0 $0
2021 $11,178 $609,580 $0 $0
2020 $10,913 $591,830 $0 $0
2019 $10,445 $574,600 $0 $0
2018 $10,124 $557,870 $0 $0
2017 $10,034 $541,630 $0 $0
2016 $9,821 $525,860 $0 $0
2015 $9,105 $510,550 $0 $0
2014 $8,900 $495,680 $0 $0
2013 -- $485,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Diana Abbott

    Martek Real Estate

    (541) 270-1994

    21 Total Sales

    Section Image
  • Doretta Smith

    Seller Co-Listing Agent in 2020

    Doretta Smith

    Martek Real Estate

    (541) 961-6688

    10 in this area

    142 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Randy Olsen

    Advantage Real Estate

    (541) 270-7774

    4 in this area

    29 Total Sales

    Section Image

  • D

    Seller's Agent in 2014

    Deanna Tacchini

    Windermere West Coast Properties

  • W

    Buyer's Agent in 2014

    Wendy Weimer

    Beachcomber Real Estate, LLC

See All Agents

Map

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

MLS Number: 20-522

APN: R108876

Oregon Lincoln County Newport 97365 Bayfront

612 SE 5th St, Newport, OR

This home is located at 612 SE 5th St, Newport, OR 97365 since 10 March 2020 and is currently estimated at $1,091,777, approximately $355 per square foot. This property was built in 1956. 612 SE 5th St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes