NOT LISTED FOR SALE

628 SE 5th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $866,000 - $1,085,111

0.13 Acre
$7,350,215 Price per Acre
5,663 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $160,000 $52 Per Sq Ft

Est. 497% increase in value since last sale

Current estimated payment $6,279/month

121 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • River View
  • No HOA

About This Lot

As of July 2017

Incredible view of Newport's iconic harbor! A rare opportunity to purchase a lot with water, sewer and electric on property. Build your dream home with ocean, bay and river views! Close to all of Newport's amenities & attractions!

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 03/20/2017

Last Buyer's Agent

Linda Roy

Lincoln City Realty, LLC License #201205388

Property Details

Property Type

  • Land

Lot Details

  • 5,663 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Sloped Lot
  • Property is zoned R-2 Residential

Property Views

  • River Views

Community Details

  • No Home Owners Association
  • Olsson's Newport Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 111108AD-7900-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: Bay/Harbor
  • Lot Size Acres: 0.13
  • Lot Size: 5,528 Sq Ft
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: HWY 101 to HWY 20 (East Olive Street). East on Olive to SE Fogarty Street, South on SE Fogarty St to SE 5th Street. To property, see sign.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: Bay
  • General Property Description:Primary View: River
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.13
  • Location Tax and Other Information:Tax Lot: 7900
  • Miscellaneous Survey: No
  • Topography:Sloped: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 5,528 Sq Ft
  • Location Tax and Other Information:Subdv ParcelLot: 3
  • Special Features: None

Exterior Features

  • View: River
  • Water On Property: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: On Property

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108AD-7900-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8840.15
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jul 26, 2017
Sold by
Roberts Monty B and Roberts Brenda G
Bought by
Wrobel Charles and Affentranger Helen Heidi
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Linda Roy
Lincoln City Realty, LLC
List Price
$221,000
Sold Price
$160,000
Premium/Discount to List
-$61,000
-27.6%
Current Estimated Value
$955,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,528
Avg. Annual Appreciation
25.38%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Frost Betty June
Bought by
Roberts Monty B and Roberts Brenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Wrobel Charles $160,000 Western Title & Escrow
Roberts Monty B $600,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Monty $16,365
Previous Owner Roberts Brenda G $489,500
Previous Owner Roberts Monty B $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $160,000 -27.6% $52 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $221,000 -- $72 / 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 $11,471 $635,720 -- --
2023 $11,201 $617,210 $0 $0
2022 $10,856 $599,240 $0 $0
2021 $10,668 $581,790 $0 $0
2020 $10,415 $564,850 $0 $0
2019 $9,969 $548,400 $0 $0
2018 $3,934 $216,800 $0 $0
2017 $3,968 $214,210 $0 $0
2016 $8,840 $473,330 $0 $0
2014 $8,011 $446,170 $0 $0
2013 -- $433,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2017

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    13 in this area

    669 Total Sales

    Dennis Regen
    Section Image
  • Linda Roy

    Buyer's Agent in 2017

    Linda Roy

    Lincoln City Realty, LLC

    (541) 992-1682

    117 Total Sales

    Linda Roy
    Section Image
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Map

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

MLS Number: 17-728

APN: R106504

Oregon Lincoln County Newport 97365 Bayfront

628 SE 5th St, Newport, OR

This home is located at 628 SE 5th St, Newport, OR 97365 since 20 March 2017 and is currently estimated at $955,528, approximately $309 per square foot. 628 SE 5th 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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