NOT LISTED FOR SALE

625 SW Case St Unit 4 Units Newport, OR 97365

3 Beds
5 Baths
1,956 Sq Ft
4,792 Sq Ft Lot

Last Sold August 01, 2017

Last sale price $226,500 $116 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Yaquina Bay Lighthouse
  • Covered patio or porch
  • Electric Baseboard Heater

About This Home

As of August 2017

Newport income property featuring small tri-plex w/2 one bedroom & 1 studio unit PLUS single detached 1 bedroom 1.5 bath apartment. Built in 1951 & 1992 respectively, units have been well maintained and have enjoyed steady occupancy. Rents are low and could be increased to more reasonably reflect current market rates (current income is $1610.00/month). Tenants are long term & assist with some of the maintenance. Total of 1956 square feet, 4 kitchens, 3 bedrooms, 4.5 baths and located close to the bus line, shopping, restaurants, hospital and miles of sandy beach!!!

Last Agent to Sell the Property

Debbie Davilla

RE/MAX Integrity, Depoe Bay License #990100072 Listed on: 07/03/2017

Last Buyer's Agent

Debbie Davilla

RE/MAX Integrity, Depoe Bay License #990100072 Listed on: 07/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,901

Year Built

  • Built in 1952

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Covered patio or porch

Utilities

  • Electric Baseboard Heater
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot Portions of 1 &2
  • Assessor Parcel Number 111108CB-1103-00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Bayley And Case's Subdivision

Building Details

  • Operating Expense $10,430
  • Gross Income $18,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,901

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to southwest side of Newport (near Hospital) west on SW Case to property on north. No signage on property.
  • Garage Yn: No
  • Year Built Details: New Unit in 1992
  • Year Built: 1952
  • 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: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 1103
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 4.5
  • General Property Description:Levels: One
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: Portions of 1 &2
  • Siding:T1-11: Yes
  • Sewer:City Property2: Yes
  • DeckPatio:Covered Porch: Yes
  • Gross Income: 18620.0
  • HeatingCooling:Baseboard - Electric: Yes
  • Miscellaneous Possession: COE
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4.0
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • External Features:Parking Spaces: 4.0

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108CB-1103-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 18620.0
  • Annual Operating Expense: 10430.0

Tax Info

  • Tax Annual Amount: 3900.95
  • Tax Year: 2017

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $226,500 -7.6% $116 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $245,000 -- $125 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 17-1941