NOT LISTED FOR SALE

Estimated Value: $555,000 - $793,000

0.23 Acre
$2,819,191 Price per Acre
10,019 Sq Ft Lot

Last Sold February 08, 2018

Last sale price $130,000 $243 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $3,916/month

171 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 5-minute walk to Lost Creek State Park

About This Lot

As of February 2018

Take a second look at this residential lot located in the heart of Newport. The deteriorated home has been removed, leaving a nice, level lot with city services on site. The lot is within walking distance to the waterfront, state park and uptown. This is a great opportunity to build your dream home in a desirable location. It might also be possible (check with city) to divide the property into two lots.

Last Agent to Sell the Property

Alexandra Underhill

Martek Real Estate Brokerage Phone: 541-265-8785 License #201220028 Listed on: 07/22/2017

Last Buyer's Agent

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,177

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100'x100'
  • Level Lot
  • Property is zoned R-4 Residential

Utilities

  • Gas Available at Street

Community Details

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

Listing and Financial Details

  • Tax Lot 10 & 11
  • Assessor Parcel Number 111108CA-11600-00

Property Details

Property Type

Land

Est. Annual Taxes

$2,177

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.23
  • Lot Size: 100'x100'
  • Lot Size Sq Ft: 10018.8
  • Road Surface Type: Gravel
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to East on Abbey St. to North on 10th St. Destination on East side of the street.
  • Attribution Contact: 541-265-8785
  • 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: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.23
  • Location Tax and Other Information:Tax Lot: 11600
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Gas:At Street3: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 100'x100'
  • Location Tax and Other Information:Subdv ParcelLot: 10 & 11
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108CA-11600-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2177.12
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2017
Closed on
Feb 7, 2018
Sold by
Laforce Betty Ejan and Reed Jimmy L
Bought by
Hannah Paul C and Hannah Virginia C
Seller's Agent
Alexandra Underhill
Martek Real Estate
Buyer's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Current Estimated Value
$648,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,414
Source: Public Records

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    Section Image

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
Hannah Paul C $130,000 Western Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold $130,000 -25.7% $243 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
07/22/2017 07/22/17 For Sale $175,000 -- $326 / 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 $5,696 $315,680 -- --
2023 $5,562 $306,490 $0 $0
2022 $5,391 $297,570 $0 $0
2021 $6,137 $334,690 $0 $0
2020 $3,252 $176,390 $0 $0
2019 $2,209 $121,520 $0 $0
2018 $1,015 $55,950 $0 $0
2017 $1,948 $105,140 $0 $0
2016 $2,177 $116,570 $0 $0
2015 $2,019 $113,180 $0 $0
2014 $1,973 $109,890 $0 $0
2013 -- $106,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 17-2158

APN: R85411