NOT LISTED FOR SALE

619 NW Alpine St Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $629,000 - $823,000

3 Beds
2 Baths
1,520 Sq Ft
$488/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $450,000 $296 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,486/month

30 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Deck
  • Furnished
  • Cottage

About This Home

As of May 2017

Unique opportunity to own this remodeled ocean view home in historic Nye Beach, Newport. Feels like oceanfront!

This turnkey vacation rental is being sold furnished and with a guaranteed rental revenue of $3300-$3500 per month, through Vacasa.

Buyers should confirm with the City of Newport that a new STR permit can be obtained. All bookings to be honored.

See the 'Supplemental' tab This turnkey vacation rental has strong history as a rental through Vacasa. The home has over 40 ratings and reviews with an average rating of 4.5 out of 5.
Upon confirming with the City of Newport that a buyer could obtain a short term rental permit, Vacasa would transfer the vacation rental management agreement from the current owner to the new owner, and honor the monthly fixed revenue payment of $3,300 nine months out of the year, and $3,500 three months out of the year. This rental management agreement is reviewed and adjusted annually.
To see this wonderful vacation home's vacation rental website follow the link below:

See a virtual tour of the interior of the home at the above website, see how well the calendar is booked up, get a better feel for the home through the home's description, and look through all the great reviews previous guests have left for the home.

Learn more about partnering with Vacasa to manage your short term rental investment property:

Last Agent to Sell the Property

Taj Richardson

Kelly Right Real Estate of Portland Listed on: 02/04/2017

Last Buyer's Agent

Pam Mugleston

Emerald Coast Realty - Seal Rock License #940600295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1922

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35x80
  • Irregular Lot
  • Property is zoned C-2 General Commercial

Home Design

  • Cottage
  • Composition Roof
  • Shake Siding
  • T111 Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Ocean Views
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Nye & Thompson Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111105CC-6300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,063

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Lot Size: 35x80
  • Lot Size Sq Ft: 2613.6
  • Road Surface Type: Paved
  • Exclusions: None
  • Inclusions: Fully Furnished
  • Subdivision Name: Nye & Thompson
  • Directions: From Hwy 101 in Newport, turn right on NW 6th St. Follow NW 6th St. until it dead ends at NW Alpine St. Turn right on Alpine and the home will be on the left.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1922
  • 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
  • General Property Description:_pound_ of Acres: 0.06
  • Location Tax and Other Information:Tax Lot: 6300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • 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:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: 35x80
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:T1-11: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Miscellaneous Exclusions: None
  • Ceiling:Beam: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Beamed Ceilings
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111105CC-6300-00
  • Zoning: C-2 General Commercial

Tax Info

  • Tax Annual Amount: 5062.83
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
May 3, 2017
Sold by
Hauser Investment Properties I Llc
Bought by
Clifford Michael and Clifford Katrina
Seller's Agent
Taj Richardson
Kelly Right Real Estate of Portland
Buyer's Agent
Pam Mugleston
Emerald Coast Realty - Seal Rock
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$741,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,582
Avg. Annual Appreciation
5.65%
Original Mortgage
$405,000
Outstanding Balance
$341,940
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$371,094

Purchase Details

Closed on
May 29, 2015
Sold by
Weiss Gregory A and Weiss Tracey P
Bought by
Hauser Investment Properties I Llc

Purchase Details

Closed on
Jan 9, 2015
Sold by
Gorilla Capital Or 101 Llc
Bought by
241 Pioneer Exchange Accommodation Title

Purchase Details

Closed on
Oct 21, 2014
Sold by
Weiss Gregory A and Weiss Tracey P
Bought by
Gorilla Capital Or 101 Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Weiss Gregory
Bought by
Crown W Lp
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 Buyer Sale Price Title Company
Clifford Michael $450,000 Western Title & Escrow
Hauser Investment Properties I Llc $167,000 None Available
241 Pioneer Exchange Accommodation Title -- Accommodation
Gorilla Capital Or 101 Llc $167,000 First American Title Ins Co
Crown W Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Michael $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $450,000 -5.3% $296 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $475,000 -- $313 / 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 $6,406 $355,020 -- --
2023 $6,255 $344,680 $0 $0
2022 $6,063 $334,650 $0 $0
2021 $5,958 $324,910 $0 $0
2020 $5,817 $315,450 $0 $0
2019 $5,567 $306,270 $0 $0
2018 $5,396 $297,350 $0 $0
2017 $5,348 $288,690 $0 $0
2016 $5,063 $271,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Taj Richardson

    Kelly Right Real Estate of Portland

  • Pam Mugleston

    Buyer's Agent in 2017

    Pam Mugleston

    Emerald Coast Realty - Seal Rock

    (541) 270-7998

    1 in this area

    82 Total Sales

    Pam Mugleston
    Section Image
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Map

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

MLS Number: 17-312

APN: R227570

Oregon Lincoln County Newport 97365 Nye Beach

619 NW Alpine St, Newport, OR

This home is located at 619 NW Alpine St, Newport, OR 97365 since 04 February 2017 and is currently estimated at $741,582, approximately $487 per square foot. This property was built in 1922. 619 NW Alpine St is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View 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.

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