NOT LISTED FOR SALE

637 SE 2nd St Newport, OR 97365

Estimated Value: $618,000 - $671,000

3 Beds
2 Baths
2,442 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $590,000 $242 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,882/month

42 Days on Market

Highlights

  • Bay View
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Vaulted Ceiling
  • No HOA

About This Home

As of July 2023

Charming cape cod 3 bedroom, 2 bath home on .33 acres with additional lot and bay views from second story. Fenced flat yard with beautiful established maple trees, stone courtyard and fire pit. Small side yard with blueberry bushes. Natural light floods cozy living room with new carpet. Kitchen has tile back splash, stainless appliances and a dining room with sliding door to private deck and patio. Main level has oak hardwood floors, bedroom, and utility/laundry room and full bath with maple cabinetry. Upstairs two bedrooms with charming coves and bay views and a full bath. Lowest level is a partially finished basement, with edison style lighting and exposed ceiling. Just blocks to the Bayfront.Room to expand by building on the additional lot.

Last Agent to Sell the Property

Audra Powell

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 05/02/2023

Last Buyer's Agent

Casey O'Callaghan

Martek Real Estate License #201215737

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 1962

Lot Details

  • 0.33 Acre Lot
  • Property is zoned R-2 Residential

Property Views

  • Bay
  • Bridge

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,442 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Utility Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Fredericksburg Subdivision

Listing and Financial Details

  • Tax Lot 111108AA0770000
  • Assessor Parcel Number 111108AA77007400

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,873

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.33
  • Lot Size: 95 by 150
  • Lot Size Sq Ft: 14374.8
  • Road Surface Type: Gravel
  • Subdivision Name: Fredericksburg
  • Directions: Hwy 20, South on fogarty, left on SE 2nd Street.
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built: 1962
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Bridge
  • General Property Description:_pound_ of Acres: 0.33
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 7700
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: Yes
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 95 by 150
  • Location Tax and Other Information:Subdv ParcelLot: 111108AA0770000
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Foundation:Block2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Patio: Yes
  • Siding:Wood: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: 111108AA TL 7700, 7400. Lots 4,5,6.
  • Parcel #: 111108AA77007400
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 4872.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jul 25, 2023
Sold by
Joseph W Kertis Revocable Trust
Bought by
Gustafson Lillian I and Parrish James I
Seller's Agent
Audra Powell
Advantage Real Estate
Buyer's Agent
Casey O'Callaghan
Martek Real Estate
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Current Estimated Value
$643,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,492
Avg. Annual Appreciation
4.07%
Original Mortgage
$590,000
Outstanding Balance
$576,840
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$65,452
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
Gustafson Lillian I $590,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Lillian I $590,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $590,000 -9.2% $242 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $650,000 +74.7% $266 / Sq Ft
10/15/2019 10/15/19 Sold $372,000 0.0% $152 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $372,000 -- $152 / 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 $4,841 $268,280 -- --
2023 $4,727 $260,470 $0 $0
2022 $4,581 $252,890 $0 $0
2021 $4,502 $245,530 $0 $0
2020 $4,395 $238,380 $0 $0
2019 $3,925 $215,930 $0 $0
2018 $3,805 $209,650 $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: 23-762

APN: R399421