NOT LISTED FOR SALE

7305 Yaquina Bay Rd Newport, OR 97365

Estimated Value: $409,518 - $446,000

2 Beds
1 Bath
1,152 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $425,000 $369 Per Sq Ft

Current estimated payment $2,485/month

Highlights

  • RV Garage
  • Traditional Architecture
  • No HOA
  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2023

Come see this special location! Two lots totaling just over 6 acres. The views from the top of the hill are unlike any other on the Yaquina bay road. Plenty of parking with a big RV size garage for your toys and lots of space between you and the neighbors. Build your dream home on top of the hill or add some shine to what is already there. There is a possibility of up to 3 home sites which really adds more value to this already fantastic property.

Last Agent to Sell the Property

Russell Taylor

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201242350 Listed on: 03/06/2023

Last Buyer's Agent

KATHY METZLER

Keller Williams Capital City, Salem License #201234126

Keller Williams Capital City, Salem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1940

Lot Details

  • 6.12 Acre Lot
  • Irregular Lot
  • Swamp or Slough on Lot
  • Property is zoned RR-5 Rural 5 acre

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Shake Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Security System Owned
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • RV Garage

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 11113500-201-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Slough
  • Lot Size Acres: 6.12
  • Lot Size: Per Assessor
  • Lot Size Sq Ft: 266587.2
  • Road Surface Type: Gravel, Paved
  • Directions: Heading from Newport on the Yaquina bay road, the property is about half a mile past the oyster farm. There is a black gate out front and the house number is posted on a tree.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1940
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Slough
  • General Property Description:Primary View: Slough
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: Per Assessor
  • General Property Description:_pound_ of Acres: 6.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 201
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Negotiable
  • General Property Description:Lot Dimensions: Per Assessor
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Lot Type:Irregular: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Sewerseptic In: Yes
  • Siding:Shake2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Slough
  • Foundation Details: Slab
  • Other Structures: Shed, RV Garage
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1
  • Outbuildings:RV Garage: Yes

Utilities

  • Heating: Wood, Forced Air, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Well
  • HeatingCooling:Forced Air: Yes
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Wood2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 11113500-201-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 2858.38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 11, 2023
Sold by
Security Eat 702 Inc
Bought by
Amos Jacob Allan
Seller's Agent
Russell Taylor
Advantage Real Estate
Buyer's Agent
KATHY METZLER
Keller Williams Capital City, Salem
List Price
$490,000
Sold Price
$425,000
Premium/Discount to List
-$65,000
-13.27%
Current Estimated Value
$426,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,130
Avg. Annual Appreciation
0.11%
Original Mortgage
$270,000
Outstanding Balance
$262,564
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$163,566

Purchase Details

Closed on
Feb 21, 2008
Sold by
Schwab Jerrilee
Bought by
Han Kee C and Han Ae Y
Source: Public Records

Range of Values:

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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
Amos Jacob Allan $425,000 Western Title
Han Kee C $210,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amos Jacob Allan $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $425,000 -13.3% $369 / Sq Ft
03/06/2023 03/06/23 For Sale $490,000 -- $425 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
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 $2,791 $231,720 -- --
2023 $2,704 $224,980 $0 $0
2022 $2,621 $218,430 $0 $0
2021 $2,557 $212,070 $0 $0
2020 $2,508 $205,900 $0 $0
2019 $2,409 $199,910 $0 $0
2018 $2,367 $194,090 $0 $0
2017 $2,295 $188,440 $0 $0
2016 $2,092 $182,960 $0 $0
2015 $2,033 $177,640 $0 $0
2014 $1,980 $172,470 $0 $0
2013 -- $167,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Russell Taylor

    Seller's Agent in 2023

    Russell Taylor

    Advantage Real Estate

    (541) 265-2200

    26 Total Sales

    Russell Taylor
    Section Image
  • KATHY METZLER

    Buyer's Agent in 2023

    KATHY METZLER

    Keller Williams Capital City, Salem

    (503) 931-2894

    54 Total Sales

    KATHY METZLER
    Section Image
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Map

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

MLS Number: 22-1333

APN: R72050

Oregon Lincoln County Newport 97365

7305 Yaquina Bay Rd, Newport, OR

This home is located at 7305 Yaquina Bay Rd, Newport, OR 97365 since 06 March 2023 and is currently estimated at $426,130, approximately $369 per square foot. This property was built in 1940. 7305 Yaquina Bay Rd is a home located in Lincoln County with nearby schools including Toledo Elementary School and Toledo Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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