NOT LISTED FOR SALE

625 SW Case St Newport, OR 97365

Estimated Value: $430,000 - $516,000

2 Beds
4 Baths
1,956 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 01, 2017

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

Est. 105% increase in value since last sale

Current estimated payment $2,840/month

9 Days on Market

Highlights

  • Property is near a bus stop
  • Level Lot
  • 4-minute walk to Yaquina Bay Lighthouse

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
  • Property is near a bus stop
  • 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
  • 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

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
$463,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,770
Avg. Annual Appreciation
8.99%
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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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

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • D

    Seller's Agent in 2017

    Debbie Davilla

    RE/MAX

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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

Not Listed for Sale

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