$470,000
SOLD JAN 31, 2025

701 NW Coast St Unit 205 Newport, OR 97365

Nye Beach Neighborhood
1 Bed
2 Baths
694 Sq Ft
$345/mo HOA Fee

Recently Sold

$677 Per Sq Ft

9% Below List Price

74 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Tile Flooring
  • Deck
  • Living Room
  • 1-minute walk to Sam Moore Parkway

About This Home

As of January 2025

Discover the ultimate coastal retreat in Nye Beach—a rare oceanfront condo offering a transferable short-term rental permit. This exceptional property showcases sweeping panoramic ocean views, extending to the iconic Yaquina Lighthouse, providing an unparalleled seaside living experience. Just steps to the sand and sea out back. Designed for versatility, this condo is ideal as a full-time residence, a vacation home, or an investment property. Located in the vibrant Nye Beach neighborhood, you'll enjoy proximity to boutique shops, renowned restaurants, scenic parks, art galleries, and the Performing Arts Center. Private access to miles of sandy beaches and exclusive amenities, including a pool and hot tub, enhance the lifestyle offered by... this premier location. This property is currently income generating. The condo comes fully furnished with elegant, handcrafted pieces by local artisans, making it completely turn-key. Whether you're seeking a private coastal retreat or a property with income-generating potential, this opportunity combines luxury, convenience, and functionality. Brand new appliances and updates in 2023. Experience coastal living at its finest, schedule your private showing today.

Last Agent to Sell the Property

Cheryl Swan-Agent- Newport, Oreg

Martek Real Estate Brokerage Phone: 541-265-8785 License #980100072 Listed on: 11/01/2024

Last Buyer's Agent

Judy Vial

Taylor & Taylor Realty Company License #201231547

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1983

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 694 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Tax Lot 94017
  • Assessor Parcel Number 111105CC-94017-00

Community Details

Overview

  • Association fees include trash, sewer, water
  • Pacific Crest Condo Association
  • Pacific Crest Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,086

Year Built

Built in 1983

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Road Surface Type: Paved
  • Subdivision Name: Pacific Crest Condo
  • Directions: From Coast Hwy 101, turn West on NW 6th St , turn right on Coast St , Pacific Crest Condos are on your left. Assigned parking space 205. Extra guest parking at the curb or north parking lot.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1983
  • Attribution Contact: 541-265-8785
  • 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: Ocean
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 94017
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Siding:T1-11: Yes
  • Flooring:Tile2: Yes
  • Foundation:Combination: Yes
  • General Property Description Senior Community YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Tile
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Combination
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: City
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Phone: TDA
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Pacific Crest Condo
  • CondoAssociation:Assoc Contact Phone: TDA

Fee Information

  • Association Fee Includes: Trash, Sewer, Water

Lot Info

  • Parcel #: 111105CC-94017-00
  • Zoning: C-2 Tourist Commercial (Newport)

Tax Info

  • Tax Annual Amount: 3086.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 29, 2025
Sold by
Leann J Harris Revocable Trust and Harris Leann J
Bought by
Jenkins Terra R
Seller's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
Buyer's Agent
Judy Vial
Taylor & Taylor Realty Company
List Price
$515,000
Sold Price
$470,000
Premium/Discount to List
-$45,000
-8.74%
Views
43
Current Estimated Value
$424,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,440
Avg. Annual Appreciation
-10.18%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Harris Leann J
Bought by
Harris Leann J and Leann J Harris Revocable Trust

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jul 5, 2017
Sold by
Holtgrieve Donald G
Bought by
Harris Leann J
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
John Iwamura
JKI Realty
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$137,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2009
Sold by
Hardwick Susan W and Holtgrieve Donald G
Bought by
Holtgrieve Donald G and Hardwick Susan W

Purchase Details

Closed on
Nov 8, 2007
Sold by
Martin Donald E
Bought by
Hardwick Susan W and Holtgrieve Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $470,000 Western Title
Interfamily Deed Transfer -- None Available
Warranty Deed $183,000 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $225,000 Wte
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $137,250 New Conventional
Previous Owner $174,000 New Conventional
Previous Owner $22,500 Credit Line Revolving
Previous Owner $180,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $470,000 -4.1% $677 / Sq Ft
12/20/2024 12/20/24 Price Changed $490,000 -4.9% $706 / Sq Ft
11/01/2024 11/01/24 For Sale $515,000 +186.1% $742 / Sq Ft
07/12/2017 07/12/17 Sold $180,000 -10.0% $259 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $200,000 -- $288 / 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 $3,161 $175,170 -- $175,170
2023 $3,086 $170,070 $0 $170,070
2022 $2,991 $165,120 $0 $0
2021 $2,940 $160,320 $0 $0
2020 $2,870 $155,660 $0 $0
2019 $2,747 $151,130 $0 $0
2018 $2,663 $146,730 $0 $0
2017 $2,639 $142,460 $0 $0
2016 $2,583 $138,320 $0 $0
2015 $2,395 $134,300 $0 $0
2014 $2,341 $130,390 $0 $0
2013 -- $126,600 $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: 24-2364

APN: R59456