A
Seller's Agent in 2024
Alexandra Underhill
Martek Real Estate
4 in this area
85 Total Sales
701 NW 1st St Newport, OR 97365
Nye Beach NeighborhoodEstimated Value: $684,000 - $881,000
3
Beds
3
Baths
1,871
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Vaulted Ceiling
- New Construction
- Contemporary Architecture
- 2-minute walk to Coast Park
About This Home
As of July 2024Location, location, location! New Construction in Newport's Nye Beach District! Corner Lot within a few blocks of Shops, Restaurants, Beach Access, and The Performing Arts Center. Main floor features an open foyer, living room with Gas Fireplace, dining room, and kitchen with Island, Stainless Steel Appliances, and pantry. Large Windows and Vaulted Ceilings provide an abundance of natural light. Retreat to the Upstairs Deck and enjoy sunsets overlooking Nye Beach and the Pacific Ocean. Primary and secondary bedrooms have Ocean Views & deck access. Commercial zoning creates the opportunity for a number of uses. Put the property on Newport's waitlist for a short term rental license, use it as a second home, full time residence, live-work space, or business (buyer due-diligence).
Last Agent to Sell the Property
Martek Real Estate Brokerage Phone: 541-265-8785 License #201220028 Listed on: 06/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,535
Year Built
- Built in 2022 | New Construction
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 45' x 55'
- Property is zoned C-2 General Commercial
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Composition Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,871 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Living Room
- Dining Room
- Vinyl Flooring
- Ocean Views
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Heat Pump System
- Electricity To Lot Line
- Tankless Water Heater
Community Details
- No Home Owners Association
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 111108BB-8600-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Jul 19, 2024
Sold by
Miguel D Livermore Revocable Living Trus and Livermore Miguel D
Bought by
Livermore Miguel D
Seller's Agent
Alexandra Underhill
Martek Real Estate
Buyer's Agent
Brodie Becksted
Equity Plus Real Estate
List Price
$799,000
Sold Price
$779,000
Premium/Discount to List
-$20,000
-2.5%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386
Avg. Annual Appreciation
1.52%
Original Mortgage
$623,200
Outstanding Balance
$618,485
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$174,153
Purchase Details
Listed on
Jun 3, 2024
Closed on
Jul 16, 2024
Sold by
Livermore Miquel D and Livermore Linda R
Bought by
Theiring Logan
Seller's Agent
Alexandra Underhill
Martek Real Estate
Buyer's Agent
Brodie Becksted
Equity Plus Real Estate
List Price
$799,000
Sold Price
$779,000
Premium/Discount to List
-$20,000
-2.5%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,200
Outstanding Balance
$618,485
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$174,153
Purchase Details
Closed on
Apr 1, 2024
Sold by
Livermore Miquei D
Bought by
Miguel D Livermore Revocable Living Trust and Livermore
Purchase Details
Listed on
Jan 28, 2020
Closed on
Jun 1, 2020
Sold by
Ocean Equity Investments Llc
Bought by
Livermore Miquel D and Livermore Linda R
Seller's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Greg Eide
Realty One Group Willamette Valley
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.83%
Purchase Details
Closed on
Oct 30, 2018
Sold by
Heisler Property Holdings Llc
Bought by
Ocean Equity Investments Llc
Purchase Details
Closed on
Jan 23, 2018
Sold by
Cornelius Janet
Bought by
Ocean Equity Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2005
Sold by
Johnsen Carla A
Bought by
Maguire Paul J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
5.72%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Livermore Miguel D | -- | Western Title | |
| Theiring Logan | $779,000 | Western Title | |
| Miguel D Livermore Revocable Living Trust | -- | None Listed On Document | |
| Livermore Miquel D | $130,000 | Western Title & Escrow | |
| Ocean Equity Investments Llc | $125,000 | Western Title & Escrow | |
| Ocean Equity Investments Llc | $330,000 | Western Title & Escrow | |
| Maguire Paul J | $675,000 | Wte |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Theiring Logan | $623,200 | |
| Previous Owner | Ocean Equity Investments Llc | $104,000 | |
| Previous Owner | Ocean Equity Investments Llc | $330,000 | |
| Previous Owner | Maguire Paul J | $527,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $779,000 | -2.5% | $416 / Sq Ft |
| 06/03/2024 06/03/24 | For Sale | $799,000 | +514.6% | $427 / Sq Ft |
| 06/02/2020 06/02/20 | Sold | $130,000 | -12.8% | $69 / Sq Ft |
| 03/11/2020 03/11/20 | Pending | -- | -- | -- |
| 01/27/2020 01/27/20 | For Sale | $149,000 | +35.5% | $80 / Sq Ft |
| 07/05/2018 07/05/18 | Sold | $110,000 | -12.0% | $59 / Sq Ft |
| 06/22/2018 06/22/18 | Pending | -- | -- | -- |
| 05/23/2018 05/23/18 | For Sale | $125,000 | -- | $67 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Tax History Compared to Growth
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 | $6,563 | $363,710 | -- | -- |
| 2023 | $5,535 | $304,990 | $0 | $0 |
| 2022 | $2,588 | $142,830 | $0 | $0 |
| 2021 | $1,458 | $79,520 | $0 | $0 |
| 2020 | $1,424 | $77,210 | $0 | $0 |
| 2019 | $1,363 | $74,970 | $0 | $0 |
| 2018 | $1,321 | $72,790 | $0 | $0 |
| 2017 | $1,309 | $70,670 | $0 | $0 |
| 2016 | $1,282 | $68,620 | $0 | $0 |
| 2015 | $1,188 | $66,630 | $0 | $0 |
| 2014 | $1,162 | $64,690 | $0 | $0 |
| 2013 | -- | $62,810 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alexandra Underhill
-
Brodie Becksted
Buyer's Agent in 2024
Brodie Becksted
Equity Plus Real Estate
(541) 270-2484
13 in this area
215 Total Sales
-
G
Buyer's Agent in 2020
Greg Eide
Realty One Group Willamette Valley
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 24-1193
APN: R33267
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