NOT LISTED FOR SALE

625 SW Case St Newport, OR 97365

Estimated Value: $436,000 - $544,000

2 Beds
4 Baths
1,956 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 01, 2017

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

Est. 115% increase in value since last sale

Current estimated payment $3,097/month

9 Days on Market

About This Home

As of August 2017

Newport income property featuring small tri-plex with 2 one bedroom & 1 studio unit PLUS single detached 1 bedroom 1.5 bath apt. Built in 1951 & 1992 respectively, units are well maintained w/steady occupancy. Rents are low & could be increased to current market rates (current income is $1610.00/month). Total of 1956 square feet, 4 kitchens, 3 bedrooms, 4.5 baths and located close to bus line, shopping, restaurants & beach access!!

Last Agent to Sell the Property

Debbie Davilla

RE/MAX Integrity License #990100072 Listed on: 07/02/2017

RE/MAX Integrity

Last Buyer's Agent

Debbie Davilla

RE/MAX Integrity License #990100072 Listed on: 07/02/2017

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1952

Lot Details

  • 4,792

Parking

  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Additional Features

  • Range
  • Crawl Space
  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,774

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1956
  • Year Built: 1952
  • Remarks Public: Newport income property featuring small tri-plex with 2 one bedroom & 1 studio unit PLUS single detached 1 bedroom 1.5 bath apt. Built in 1951 & 1992 respectively, units are well maintained w/steady occupancy. Rents are low & could be increased to current market rates (current income is $1610.00/month). Total of 1956 square feet, 4 kitchens, 3 bedrooms, 4.5 baths and located close to bus line, shopping, restaurants & beach access!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BAYLEY AND CASE'S THIRD ADDN., BLOCK 86, LOT 1 & 2,W 1/2 OF, MF25
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Sam Case
  • High School: Newport

Lot Info

  • Lot Description: On Busline, Level, Ocean Beach 1/4 Mile or Less
  • Zoning: R-4

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3900.95
  • Assessor Parcel Number: R250697

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.16

MLS Schools

  • Elementary School: Sam Case
  • High School: Newport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2017
Closed on
Jul 31, 2017
Sold by
Neal Patricia A
Bought by
Stickles Sam and Stickles Vikki
Seller's Agent
Debbie Davilla
RE/MAX Integrity
Buyer's Agent
Debbie Davilla
RE/MAX Integrity
List Price
$245,000
Sold Price
$226,500
Premium/Discount to List
-$18,500
-7.55%
Current Estimated Value
$486,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,840
Avg. Annual Appreciation
10.14%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Stickles Sam $226,500 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Patricia A $141,400
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 -- -- --
07/02/2017 07/02/17 For Sale $245,000 -- $125 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,774 $264,550 -- --
2023 $4,661 $256,850 $0 $0
2022 $4,518 $249,370 $0 $0
2021 $4,440 $242,110 $0 $0
2020 $4,334 $235,060 $0 $0
2019 $4,149 $228,220 $0 $0
2018 $4,021 $221,580 $0 $0
2017 $3,985 $215,130 $0 $0
2016 $3,901 $208,870 $0 $0
2015 $3,617 $202,790 $0 $0
2014 $3,535 $196,890 $0 $0
2013 -- $191,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Davilla

    Seller's Agent in 2017

    Debbie Davilla

    RE/MAX

    (541) 921-0119

    23 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17172651

Regional Multiple Listing Service (RMLS)

APN: R250697

Oregon Lincoln County Newport 97365

625 SW Case St, Newport, OR

This home is located at 625 SW Case St, Newport, OR 97365 since 02 July 2017 and is currently estimated at $486,340, approximately $248 per square foot. This property was built in 1952. 625 SW Case St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case 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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