NOT LISTED FOR SALE

621 SW Abbey St Newport, OR 97365

Estimated Value: $369,965 - $412,000

2 Beds
2 Baths
1,316 Sq Ft
$200/mo HOA Fee

Last Sold August 24, 2015

Last sale price $164,000 $125 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,584/month

33 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • 1 Car Attached Garage
  • Vaulted Ceiling
  • Fireplace
  • 4-minute walk to Yaquina Bay Lighthouse

About This Home

As of August 2015

Lovely condo with Mission-Style interior. Fireplace. Floors are bamboo. Dark woodwork. Distant ocean views. Two new decks to enjoy the views. Owner can carry the loan.

Last Agent to Sell the Property

Jann Pate

Assurance Real Estate Services License #200005178 Listed on: 06/12/2015

Last Buyer's Agent

K. Kier

Advantage Real Estate License #910500212

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1972

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Built-Up Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Fireplace
  • Wood Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 111108BC-80003-00

Community Details

Overview

  • Abbey Terrace Owners Association
  • Abbey Terrace Condo Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,055

Year Built

Built in 1972

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Lot Size: Condo
  • Road Surface Type: Paved
  • Inclusions: Ref/DW/W/D/Rng/Furni
  • Subdivision Name: Abbey Terrace Condo
  • Directions: In Newport, Highway 101. West onto SW Abbey Street. After SW 7th Street, condo is on the right side.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: 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: 88000300
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • General Property Description:Lot Dimensions: Condo
  • Location Tax and Other Information:Subdv ParcelLot: 3
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Vinyl: Yes
  • Foundation:Pilings: Yes
  • Roof:Built-Up: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Pilings
  • Other Structures: None
  • Roof: Built-Up, Other

Garage/Parking

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

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Abbey Terrace Owners

Lot Info

  • Parcel #: 111108BC-80003-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2055.22
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Aug 21, 2015
Sold by
Hill Gabriela C and Cabrera Hill Gabriela
Bought by
Lovejoy Gari L
Seller's Agent
Jann Pate
Assurance Real Estate Services
Buyer's Agent
K. Kier
Advantage Real Estate
List Price
$189,000
Sold Price
$164,000
Premium/Discount to List
-$25,000
-13.23%
Current Estimated Value
$387,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,991
Avg. Annual Appreciation
9.14%
Original Mortgage
$144,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Lovejoy Gari L $164,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovejoy Gari L $120,000
Closed Lovejoy Gari L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2015 08/24/15 Sold $164,000 -13.2% $125 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $189,000 -- $144 / 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: 15-1718

APN: R23521