NOT LISTED FOR SALE

624 E Olive St Newport, OR 97365

Estimated Value: $255,000 - $274,000

2 Beds
1 Bath
690 Sq Ft
$385/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $61,000 $88 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $1,547/month

2 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Garage
  • Heating Available
  • Living Room

About This Home

As of January 2019

Earnest money to be at least 3%. Excellent opportunity to own a very affordable commercial building. Located with prime Hwy 20 frontage.

Last Agent to Sell the Property

Jon Lynch

John L Scott Newport License #780303684 Listed on: 11/26/2018

Last Buyer's Agent

Jon Lynch

John L Scott Newport License #780303684 Listed on: 11/26/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned C-3 Highway (Heavy) Commercial

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 690 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Heating Available

Community Details

  • Fredericksburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111108AA-6100-00

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: .1
  • Lot Size Sq Ft: 4356.0
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: Fredericksburg
  • Directions: Hwy 20 east to address. Hwy 20 and Olive Street are the same inside the city limits. Located 1 blk west of John Moore Rd
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1940
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Special Features: 1028

Interior Features

  • Basement YN: No
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Yes
  • Construction Type: Shake Siding, Wood 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 Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Water Available
  • Water Source: Public
  • Heating: Baseboard

Lot Info

  • Parcel #: 111108AA-6100-00
  • Zoning: C-3 Highway (Heavy) Commercial

Tax Info

  • Tax Annual Amount: 1668.76
  • Tax Lot: 6100
  • Tax Map Number: 11-11-8-AA
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Limbrunner Louis
Bought by
Pilsting Partners Llc
Current Estimated Value
$265,926

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 28, 2018
Sold by
Nrz Reo Viii Llc
Bought by
Limbrunner Louis
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Jon Lynch
John L Scott Newport
List Price
$49,900
Sold Price
$61,000
Premium/Discount to List
$11,100
22.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.26%

Purchase Details

Listed on
Nov 26, 2018
Closed on
Nov 16, 2018
Sold by
Ouderkirk William Stanley and Us Bank National Association
Bought by
Nrz Reo Viii Llc
Seller's Agent
Jon Lynch
John L Scott Newport
Buyer's Agent
Jon Lynch
John L Scott Newport
List Price
$49,900
Sold Price
$61,000
Premium/Discount to List
$11,100
22.24%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Limbrunner Mary Malinda and Limbrunner Louis Marcue
Bought by
Ouderkirk Ii William Stanley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pilsting Partners Llc -- None Listed On Document
Limbrunner Louis $61,000 Freedom Title & Escrow Of Or
Nrz Reo Viii Llc $95,000 None Available
Ouderkirk Ii William Stanley -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $61,000 +22.2% $88 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $49,900 -- $72 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $2,041 $114,080 -- --
2024 $1,999 $110,760 -- --
2023 $1,952 $107,540 $0 $0
2022 $1,892 $104,410 $0 $0
2021 $1,859 $101,370 $0 $0
2020 $1,815 $98,420 $0 $0
2019 $1,737 $95,560 $0 $0
2018 $1,684 $92,780 $0 $0
2017 $1,669 $90,080 $0 $0
2016 $1,633 $87,460 $0 $0
2015 $1,515 $84,920 $0 $0
2014 $1,480 $82,450 $0 $0
2013 -- $80,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jon Lynch

    John L Scott Newport

See All Agents

Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-86697

Oregon Coast Multiple Listing Service

APN: R380382

Oregon Lincoln County Newport 97365

624 E Olive St, Newport, OR

Not Listed for Sale

Detached

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