NOT LISTED FOR SALE

701 NW Coast St Unit 309 Newport, OR 97365

Nye Beach Neighborhood

Estimated Value: $279,000 - $367,792

1 Bed
1 Bath
515 Sq Ft
$302/mo HOA Fee

Last Sold June 11, 2020

Last sale price $167,000 $324 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,256/month

121 Days on Market

Highlights

  • Ocean Front
  • Zoned Cooling
  • Heating Available
  • Deck
  • 1-Story Property
  • 1-minute walk to Sam Moore Parkway

About This Home

As of June 2020

This third-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: 10/12/2019

Last Buyer's Agent

Connie Whaley

Martek Real Estate License #201225845

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1983

HOA Fees

  • $302 Monthly HOA Fees

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1 Bathroom
  • 515 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 111105CC-94033-00

Community Details

Overview

  • Association fees include trash, sewer, water
  • 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

$1,871

Year Built

Built in 1983

Lot Details

0

HOA Fees

$302 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: 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: 3300
  • General Property Description:Total Bathrooms: 1.0
  • 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
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Location Tax and Other Information:Subdv ParcelLot: 0
  • Internal Features:Water Heater: Electric
  • Siding:T1-11: Yes
  • Miscellaneous Possession: negotiable
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Water Heater
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 302.0
  • Association Fee Frequency: Monthly
  • 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:Utilities - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Fee Information

  • Association Fee Includes: Trash, Sewer, Water

Lot Info

  • Parcel #: 111105CC-94033-00
  • Zoning: R-C Rural Commercial

Tax Info

  • Tax Annual Amount: 1871.36
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
May 14, 2020
Sold by
Carmody Bonnie and Estate Of Brendan William Carm
Bought by
Cower Billy Ray
Seller's Agent
Taj Richardson
Vacasa Real Estate LLC
Buyer's Agent
Connie Whaley
Martek Real Estate
List Price
$169,000
Sold Price
$167,000
Premium/Discount to List
-$2,000
-1.18%
Current Estimated Value
$324,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,597
Avg. Annual Appreciation
13.35%
Original Mortgage
$150,300
Outstanding Balance
$134,401
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$185,608
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
Cower Billy Ray $167,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cower Billy Ray $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $167,000 -1.2% $324 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
10/12/2019 10/12/19 For Sale $169,000 -- $328 / 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
2014 $1,645 $91,640 $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: 19-2609

APN: R97329