NOT LISTED FOR SALE

701 NW Coast St Unit 109 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $270,000 - $322,000

1 Bed
1 Bath
515 Sq Ft
1983 Built

Last Sold December 21, 2020

Last sale price $174,000 $338 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,798/month

Highlights

  • Ocean Front
  • 1-Story Property
  • 1-minute walk to Sam Moore Parkway
  • No HOA

About This Home

As of December 2020

This first-floor oceanfront studio has been recently updated and offers large windows perfect for taking in views of the Pacific
Ocean and a covered deck great for watching the seasonal whale migrations (usually in late December and March). There's also
a seasonal pool available at the building. This condo is in the Nye Beach neighborhood of Newport, which is known for its wide
array of shops and restaurants. The property is just steps away from miles of sandy beach, great for kite flying or taking a relaxing
stroll. The condo is in close proximity to Newport's Historic Bayfront, the Oregon Coast Aquarium, and Yaquina Bay Lighthouse.

Last Agent to Sell the Property

Taj Richardson

Vacasa Real Estate LLC License #200709164 Listed on: 11/17/2020

Co-Listed By

Angela Downs

Vacasa Real Estate LLC License #201229057

Last Buyer's Agent

Ross Rehberg

Vacasa Real Estate LLC License #201217993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1983

Lot Details

  • Ocean Front

Parking

  • 2 Car Garage

Interior Spaces

  • 1 Bathroom
  • 515 Sq Ft Home
  • 1-Story Property
  • Ocean Views

Community Details

  • No Home Owners Association
  • Pacific Crest Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 94009
  • Assessor Parcel Number 111105CC-94009-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,931

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Subdivision Name: Pacific Crest Condo
  • Directions: Take Hwy 101 to N W 6th; turn on NW 6th toward Ocean; go to Coast Street & turn Right; continue North on Coast Street approx. 1 block; condos are on Left
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1983
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 94009
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Special Features: None

Exterior Features

  • View: Ocean

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 2

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: Yes

Lot Info

  • Parcel #: 111105CC-94009-00
  • Zoning: C - Commercial

Tax Info

  • Tax Annual Amount: 1930.69
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 14, 2020
Sold by
Carmody Kevin
Bought by
Poel Richard William and Poel Katie Dianne
Seller's Agent
Taj Richardson
Vacasa Real Estate LLC
Buyer's Agent
Ross Rehberg
Vacasa Real Estate LLC
List Price
$175,000
Sold Price
$174,000
Premium/Discount to List
-$1,000
-0.57%
Current Estimated Value
$296,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,000
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Nov 12, 2010
Sold by
Gray William Reid and Rogers Gray Diana Adele
Bought by
Carmody Kevin

Purchase Details

Closed on
May 1, 2006
Sold by
Carmody Brendan and Carmody Bonnie
Bought by
Gray William Reid and Rogers Gray Diana Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
6.29%
Mortgage Type
Seller Take Back
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
Poel Richard William $174,000 Western Title & Escrow
Carmody Kevin -- Wte
Gray William Reid $209,500 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poel Richard William $130,500
Previous Owner Gray William Reid $179,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $174,000 -0.6% $338 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $175,000 -- $340 / 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 $2,221 $123,110 -- $123,110
2023 $2,169 $119,530 $0 $0
2022 $2,102 $116,050 $0 $0
2021 $2,066 $112,670 $0 $0
2020 $2,017 $109,390 $0 $0
2019 $1,931 $106,210 $0 $0
2018 $1,871 $103,120 $0 $0
2017 $1,855 $100,120 $0 $0
2016 $1,816 $97,210 $0 $0
2015 $1,683 $94,380 $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: 20-2481

APN: R40478