NOT LISTED FOR SALE

824 SE 5th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $701,000 - $1,197,938

-- Bed
4 Baths
3,652 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $600,000 $164 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,697/month

6 Days on Market

Highlights

  • Attached Garage
  • Parking Storage or Cabinetry
  • Wood Siding
  • Views
  • Gentle Sloping Lot

About This Home

As of June 2022

Wonderful, Rare, Investment Opportunity! LOCATION, LOCATION, LOCATION! Spacious DUPLEX/attached garages, decks, expansive views of the Bay! Private, set back from the street by an easement lot included in the sale. Split level design, 2 bedrooms, 2 full baths on lower level and ½ bath on main. Corner fireplace & stairs leading to loft area above main area also with scenic bay/bridge/ocean views. Unit 826 has been partially demmo?d. Possibilities! fulltime/vacation/rental. OPEN HOUSE Tue 4/5@10-4

Last Agent to Sell the Property

Colleen Hofer

Century 21 Shorepine Properties License #201224655 Listed on: 04/02/2022

Last Buyer's Agent

Rebecca Kirkendall

Century 21 Shorepine Properties License #200805054

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,550

Year Built

  • Built in 1973

Lot Details

  • 6,970

Home Design

  • Fixer Upper
  • Slab Foundation
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Additional Features

  • Gentle Sloping Lot
  • Electric Water Heater
  • Property Views

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,550

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3652
  • Year Built: 1973
  • Property Condition: Fixer
  • Remarks Public: Wonderful, Rare, Investment Opportunity! LOCATION, LOCATION, LOCATION! Spacious DUPLEX/attached garages, decks, expansive views of the Bay! Private, set back from the street by an easement lot included in the sale. Split level design, 2 bedrooms, 2 full baths on lower level and ½ bath on main. Corner fireplace & stairs leading to loft area above main area also with scenic bay/bridge/ocean views. Unit 826 has been partially demmo?d. Possibilities! fulltime/vacation/rental. OPEN HOUSE Tue 4/5@10-4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TWNSHP 11, RNG 11, ACRES 0.16, MF154-0882
  • Basement: None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Plywood, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Shake
  • View: Bay, Ocean
  • Foundation Details: Slab, Concrete Perimeter
  • View: Yes
  • Road Surface: Concrete, Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Security: None

Schools

  • Elementary School: Sam Case
  • Middle School: Newport
  • High School: Newport

Lot Info

  • Lot Description: Gentle Sloping, Ocean Beach 1/4 Mile or Less
  • Zoning: R2-Res

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 7951.88
  • Assessor Parcel Number: R427648
  • Assessor Parcel Number 2: R422904
  • Tax Year: 2021

MLS Schools

  • Elementary School: Sam Case
  • High School: Newport
  • Middle School: Newport

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

Mortgage History

Date Status Borrower Loan Amount
Closed Ali-Price Family Trust $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $600,000 -24.9% $164 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $799,000 -- $219 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $8,550 $473,840 -- --
2023 $8,349 $460,040 $0 $0
2022 $8,092 $446,650 $0 $0
2021 $7,952 $433,650 $0 $0
2020 $7,763 $421,020 $0 $0
2019 $7,430 $408,760 $0 $0
2018 $7,202 $396,860 $0 $0
2017 $7,138 $385,310 $0 $0
2016 $6,987 $374,090 $0 $0
2015 $6,477 $363,200 $0 $0
2014 $6,332 $352,630 $0 $0
2013 -- $342,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Hofer

    Seller's Agent in 2022

    Colleen Hofer

    Century 21 Shorepine Properties

    (360) 513-7632

    2 in this area

    89 Total Sales

    Section Image
  • Rebecca Kirkendall

    Buyer's Agent in 2022

    Rebecca Kirkendall

    Century 21 Shorepine Properties

    (503) 701-1103

    2 in this area

    218 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22690537

Regional Multiple Listing Service (RMLS)

APN: R427648

Oregon Lincoln County Newport 97365 Bayfront

824 SE 5th St, Newport, OR

This home is located at 824 SE 5th St, Newport, OR 97365 since 02 April 2022 and is currently estimated at $910,235, approximately $249 per square foot. This property was built in 1973. 824 SE 5th St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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