718 SE 5th St Newport, OR 97365
Bayfront NeighborhoodEstimated payment $6,975/month
Highlights
- Bay View
- Deck
- Wood Flooring
- Open Floorplan
- Vaulted Ceiling
- Main Floor Primary Bedroom
About This Home
This stunning split-level ''Smart Home'' is nestled in the prestigious, rarely listed 5th St Bayfront neighborhood. Enjoy breathtaking Bay & Ocean views while avoiding the wind and salt of the Pacific. This 3 BR/2.5 BA (3rd Bed can be an Office or Guest Suite w/kitchenette) offers 2,700 sf of light-filled living space. Along with your 2 car garage, your walk-in oversized basement/workout center affords enormous additional storage. At the top of 5th Street, literally 300' from water's edge this exquisite custom home was completely renovated in 2023. The completion of this 450,000 remodel project showcases the meticulous craftsmanship and attention to detail boasting absolute top of the line materials and appliances throughout. A Must See! (Owner is a Licensed Real Estate Broker)
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $11,105
Year Built
- Built in 1992
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 54 x 106
- Property is Fully Fenced
- Wood Fence
- Private Yard
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
- Shingle Siding
- Shake Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Furniture Can Be Negotiated
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Double Pane Windows
- Blinds
- Living Room
- Dining Room
- Bonus Room
- Storage
- Utility Room
- Bay Views
- Kitchen Island
- Finished Basement
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry on main level
- Sink Near Laundry
- Washer and Gas Dryer Hookup
Home Security
- Home Security System
- Smart Thermostat
Accessible Home Design
- Accessible Utilities
Outdoor Features
- Courtyard
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 111108AD-7500-00
Community Details
Overview
- No Home Owners Association
- Olsson's Newport Subdivision
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $11,342 | $633,880 | -- | -- |
| 2024 | $11,105 | $615,420 | -- | -- |
| 2023 | $10,843 | $597,500 | $0 | $0 |
| 2022 | $10,509 | $580,100 | $0 | $0 |
| 2021 | $10,328 | $563,210 | $0 | $0 |
| 2020 | $10,083 | $546,810 | $0 | $0 |
| 2019 | $9,651 | $530,890 | $0 | $0 |
| 2018 | $9,354 | $515,430 | $0 | $0 |
| 2017 | $9,270 | $500,420 | $0 | $0 |
| 2016 | $9,074 | $485,850 | $0 | $0 |
| 2015 | $8,412 | $471,700 | $0 | $0 |
| 2014 | $8,223 | $457,970 | $0 | $0 |
| 2013 | -- | $444,640 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $1,149,000 | 0.0% | $453 / Sq Ft | |
| 04/16/2026 04/16/26 | Pending | -- | -- | -- | |
| 04/11/2026 04/11/26 | Price Changed | $1,149,000 | 0.0% | $453 / Sq Ft | |
| 04/11/2026 04/11/26 | For Sale | $1,149,000 | -4.3% | $453 / Sq Ft | |
| 11/01/2025 11/01/25 | Off Market | $1,200,000 | -- | -- | |
| 06/14/2025 06/14/25 | For Sale | $1,200,000 | +106.9% | $473 / Sq Ft | |
| 05/05/2020 05/05/20 | Sold | $580,000 | -16.5% | $228 / Sq Ft | View Prior Sale |
| 03/26/2020 03/26/20 | Pending | -- | -- | -- | |
| 03/21/2019 03/21/19 | For Sale | $695,000 | -- | $274 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | Western Title & Escrow | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $670,000 | Western Title & Escrow Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | New Conventional | |
| Previous Owner | $569,500 | Purchase Money Mortgage |
Source: Oregon Coast Multiple Listing Service
MLS Number: LC-103935
APN: R96882
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Ask me questions while you tour the home.