NOT LISTED FOR SALE

705 SW Alder St Newport, OR 97365

Estimated Value: $613,000 - $816,000

3 Beds
2 Baths
2,199 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $274,000 $125 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,065/month

91 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Traditional Architecture
  • 3-minute walk to Lost Creek State Park

About This Home

As of October 2015

Nice views of the ocean, bay, bridge & mountains await you at this conveniently located home. Walk to the beach, shopping & restaurants. Live in full time or use as vacation home. 2008 addition provides lots of extra space. Decks are great for entertaining. Escape into the manicured garden w/ ponds. Great spot to see fireworks! Zoned commercial. Could be B&B or other business - check with City.

Last Agent to Sell the Property

Doretta Smith

Windermere West Coast Properties Listed on: 06/30/2015

Last Buyer's Agent

Loren Leach

John L Scott Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned C - Commercial

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,199 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Den
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Bayley And Case's Subdivision

Listing and Financial Details

  • Tax Lot 12 +
  • Assessor Parcel Number 111108BD-4300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to SW Alder Street, west to house
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1950
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Bay
  • General Property Description:_pound_ of Acres: 0.12
  • Location Tax and Other Information:Tax Lot: 4300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: 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:Microwave: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 12 +
  • General Property Description:Property Sub-Type: Single Family Residence
  • Foundation:Block2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Alternate Heat:Fireplace: Yes
  • Miscellaneous:Den: Yes
  • Foundation:PillarPostPier: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108BD-4300-00
  • Zoning: C - Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2997.38
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Oct 9, 2015
Sold by
Reeb James E and Reeb Delores K
Bought by
Duus Lawrence H and Duus Deborah A Kozar
Seller's Agent
Doretta Smith
Windermere West Coast Properties
Buyer's Agent
Loren Leach
John L Scott Lincoln City
List Price
$299,000
Sold Price
$274,000
Premium/Discount to List
-$25,000
-8.36%
Current Estimated Value
$697,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,134
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Aug 7, 2008
Sold by
Reeb James E and Reeb Delores K
Bought by
Reeb James E and Reeb Delores K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.32%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Duus Lawrence H $274,000 Western Title & Escrow
Reeb James E -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Reeb Living Trust $150,000
Previous Owner Reeb James E $180,200
Previous Owner Reeb James E $125,000
Previous Owner Reeb James E $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $274,000 -8.4% $125 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $299,000 -- $136 / 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 $4,378 $242,630 -- --
2023 $3,952 $217,750 $0 $0
2022 $3,830 $211,410 $0 $0
2021 $3,764 $205,260 $0 $0
2020 $3,675 $199,290 $0 $0
2019 $3,517 $193,490 $0 $0
2018 $3,409 $187,860 $0 $0
2017 $3,379 $182,390 $0 $0
2016 $3,307 $177,080 $0 $0
2015 $3,066 $171,930 $0 $0
2014 $2,997 $166,930 $0 $0
2013 -- $162,070 $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: 15-1955

APN: R12007