NOT LISTED FOR SALE

617 E Olive St Newport, OR 97365

Newport Area

Estimated Value: $395,513

3 Beds
1 Bath
1,756 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2019

Last sale price $207,500 $118 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,555 / mo

46 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • 1 Car Attached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of September 2019

Charming 3 bedroom 1 bathroom home conveniently located near schools, shopping, gas, coffee, and the Historic Bayfront! Hardwood floors, and new carpet downstairs, with large bedroom and office space upstairs! Good sized fully fenced in backyard, with no neighbors. This home is a residential in commercial zone, but check with your lender as this could go conventional.

Last Agent to Sell the Property

Casey O'Callaghan

Martek Real Estate License #201215737 Listed on: 05/16/2019

Last Buyer's Agent

Casey O'Callaghan

Martek Real Estate License #201215737 Listed on: 05/16/2019

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Property fronts a highway
  • Property is zoned C-3 Highway (Heavy) Commercial

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Natural Gas Connected
  • Electric Water Heater

Community Details

  • Fredericksburg Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 & W1/2 of 3 / 23
  • Assessor Parcel Number 111108AA-3500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,851

Year Built

Built in 1949

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: .16 acres
  • Lot Size Sq Ft: 6969.6
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Fredericksburg
  • Directions: Head East on HWY 20 towards Toledo. On left hand side where HWY 20 meets SE Fogarty. House sits on lot directly east of coffee shop.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1949
  • Additional Tax and Location Information: Subdivision Block: 23
  • Additional Tax and Location Information: Subdivision Parcel/Lot: 2 & W1/2 of 3
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Construction Materials: Lap Siding
  • Levels: Two
  • Outdoor Living Spaces Features: Covered Porch
  • Water Heater: Electric
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood
  • Fireplace Features: Gas
  • Interior: Basement YN: No
  • Interior: Fireplace YN: Yes

Exterior Features

  • Waterfront: Yes
  • Construction Type: Lap Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Water Source: Public
  • Heating: Baseboard, Electric

Lot Info

  • Parcel #: 111108AA-3500-00
  • Zoning: C-3 Highway (Heavy) Commercial

Tax Info

  • Tax Annual Amount: 2850.69
  • Tax Lot: 3500
  • Tax Map Number: 111108AA
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Sep 17, 2019
Sold by
Hayward Joseph C E and Hayward Joseph
Bought by
Seller's Agent
Casey O'Callaghan
Martek Real Estate
Buyer's Agent
Casey O'Callaghan
Martek Real Estate
List Price
$385,000
Sold Price
$207,500
Premium/Discount to List
-$177,500
-46.1%
Current Estimated Value
$395,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,013
Avg. Annual Appreciation
9.60%
Original Mortgage
$157,500
Outstanding Balance
$134,895
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$260,618

Purchase Details

Closed on
Sep 22, 2016
Sold by
Durrett Hayward Suzanne
Bought by
Hayward Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.42%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Mathewson Robert C and Mathewson Beth H
Bought by
Hayward Joseph C E and Durrett Suzanne

Purchase Details

Closed on
Apr 25, 2008
Sold by
Mathewson Albert C and Mathewson Georgina M
Bought by
Mathewson Robert C and Mathewson Beth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,327
Interest Rate
5.81%
Mortgage Type
Seller Take Back
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$207,500 Western Title & Escrow
Hayward Joseph -- None Available
Hayward Joseph C E $380,000 First American Title Ins Co
Mathewson Robert C $127,327 Western Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $157,500
Previous Owner Hayward Joseph --
Previous Owner Mathewson Robert C $127,327
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2019 09/18/19 Sold $207,500 -46.1% $118 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $385,000 -- $219 / Sq Ft
Source: Oregon Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,671 $205,190
2024 $3,595 $199,220
2023 $3,510 $193,420 $0 $0
2022 $3,402 $187,790 $0 $0
2021 $3,343 $182,330 $0 $0
2020 $3,264 $177,020 $0 $0
2019 $2,967 $163,240 $0 $0
2018 $2,876 $158,490 $0 $0
2017 $2,851 $153,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-86458

Oregon Coast Multiple Listing Service

APN: R319116

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