NOT LISTED FOR SALE

720 SW 6th St Unit 108 Newport, OR 97365

Estimated Value: $420,000 - $435,990

2 Beds
2 Baths
1,352 Sq Ft
$310/mo HOA Fee

Last Sold February 16, 2024

Last sale price $400,000 $296 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,908/month

108 Days on Market

Highlights

  • Ocean View
  • Patio
  • Halls are 36 inches wide or more
  • Furnished
  • Level Entry For Accessibility
  • 4-minute walk to Yaquina Bay Lighthouse

About This Home

As of February 2024

Great location for your new beach getaway or full-time home! Beach access is just across the street. Close to Nye Beach, restaurants, shopping and medical facilities. Only minutes to the Historic Bay Front, too. This is an end unit so it's larger than other units and has an extra wall of windows with a slider to patio. Condo has open floor plan with a gas fireplace on those chilly coastal evenings. Condo is conveniently located on the main level allowing easy access without use of an elevator. Two bedrooms and two full bathrooms. Community room available for large gatherings. HOA fees include water, sewer, gas, and garbage. Sold completely furnished and turn-key ready. Just bring your luggage!

Last Listed By

Doretta Smith

Martek Real Estate Brokerage Phone: 541-265-8785 License #200707030 Listed on: 09/28/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 2005

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • Carport

Accessible Home Design

  • Halls are 36 inches wide or more
  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 70108
  • Assessor Parcel Number 111108CB-70108-00

Community Details

Overview

  • Association fees include trash, gas, sewer, water
  • Cm Hall Association, Phone Number (503) 888-7172
  • Secondary HOA Phone (503) 888-7172
  • Playa Del Mar Condominium Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,647

Year Built

Built in 2005

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: Playa Del Mar Condominium
  • Directions: From Hwy 101 head west on Olive Street. Olive becomes Elizabeth Street. Turn left on Case Street, then left onto SW 6th Street. Parking is behind building.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2005
  • Attribution Contact: 541-265-8785
  • 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: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 70108
  • General Property Description:Total Bedrooms: 2
  • 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
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Flooring:Vinyl2: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Patio: Yes
  • Handicap Features:Level Entry: Yes
  • Siding:ShingleShake: Yes
  • Handicap Features:Ramped Main Level: Yes
  • Handicap Features:_three_6_squote__squote_ hallways: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 310.0
  • Association Fee Frequency: Monthly
  • Phone: 503-888-7172
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Sewer - 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: CM Hall
  • CondoAssociation:Assoc Contact Phone: 503-888-7172
  • Association Fee Inclusions:Gas - Unit: Yes

Fee Information

  • Association Fee Includes: Trash, Gas, Sewer, Water

Lot Info

  • Parcel #: 111108CB-70108-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 3647.39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Feb 12, 2024
Sold by
Mayhugh Trust
Bought by
Fryman Mark A and Fryman Melisa D
Seller's Agent
Doretta Smith
Martek Real Estate
Buyer's Agent
Sonja Lovas
Martek Real Estate
List Price
$438,000
Sold Price
$400,000
Premium/Discount to List
-$38,000
-8.68%
Total Days on Market
108
Views
322
Current Estimated Value
$428,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,998
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Apr 15, 2023
Closed on
Apr 25, 2023
Sold by
Vincent W & Mary Therese Rybel Living Tr
Bought by
Mayhugh Trust
Seller's Agent
Doretta Smith
Martek Real Estate
Buyer's Agent
Doretta Smith
Martek Real Estate
List Price
$348,000
Sold Price
$348,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Jan 25, 2008
Sold by
Capalbo Mark T
Bought by
Rybel Vince and Rybel Mary Therese

Purchase Details

Closed on
Aug 31, 2005
Sold by
Playa Del Mar Llc
Bought by
Capalbo Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
7.35%
Mortgage Type
Fannie Mae Freddie Mac

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
Fryman Mark A $400,000 Western Title
Mayhugh Trust $348,000 Western Title
Rybel Vince $245,000 Western Title & Escrow
Capalbo Mark T $207,500 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capalbo Mark T $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $400,000 -6.9% $296 / Sq Ft
11/22/2023 11/22/23 Price Changed $429,500 -1.9% $318 / Sq Ft
09/28/2023 09/28/23 For Sale $438,000 +25.9% $324 / Sq Ft
04/28/2023 04/28/23 Sold $348,000 0.0% $257 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $348,000 -- $257 / 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 $3,854 $213,580 -- $213,580
2023 $3,763 $207,360 $0 $0
2022 $3,647 $201,330 $0 $0
2021 $3,584 $195,470 $0 $0
2020 $3,499 $189,780 $0 $0
2019 $3,349 $184,260 $0 $0
2018 $3,247 $178,900 $0 $0
2017 $3,218 $173,690 $0 $0
2016 $3,150 $168,640 $0 $0
2015 $2,920 $163,730 $0 $0
2014 $2,854 $158,970 $0 $0
2013 -- $154,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 23-1894

APN: R520758