NOT LISTED FOR SALE

854 SE 5th St Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $919,000 - $1,172,000

4 Beds
3 Baths
2,899 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $829,000 $286 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,788/month

3 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Den
  • RV Access or Parking
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2021

Meticulously maintained Yaquina Bay, harbor, bridge and ocean view home. The views from this home will take your breath away! Look down the jetties and watch the waves break in the ocean, the boats come in from sea, the sail boats in the bay and the commercial boats brings in the catch. Towards the east enjoy looking at the Coast Range. This home features an open living concept with plenty of room for guest. Additionally there is a home office/mother-in-law apartment/guest quarters/craft area. This home offers plenty of storage, natural light all in excellent condition.

Last Agent to Sell the Property

K. Kier

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #910500212 Listed on: 07/12/2021

Last Buyer's Agent

K. Kier

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #910500212 Listed on: 07/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,013

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x132
  • Property is zoned R-2 Residential

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,899 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Patio
  • Shop

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3500
  • Assessor Parcel Number 111109BC-3500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,013

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.26
  • Lot Size: 75X132
  • Lot Size Sq Ft: 11325.6
  • Road Surface Type: Paved
  • Directions: East on Hwy 20 to John Moore Rd @ light. Right towards the bay front. West on SE 5th . Second home on left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1954
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Ocean
  • General Property Description:Lot SqFt: 11326
  • General Property Description:_pound_ of Acres: 0.26
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3500
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 75X132
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Patio: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • Miscellaneous:ADU Accessory Dwelling Unit: Potential
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes

Exterior Features

  • View: Bay
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shop
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111109BC-3500-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 10012.87
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 13, 2021
Sold by
Hendrickson Dean Allen and Dean Allen Hendrickson Trust
Bought by
Korth Todd and Korth Dawn
Seller's Agent
K. Kier
Advantage Real Estate
Buyer's Agent
K. Kier
Advantage Real Estate
List Price
$869,000
Sold Price
$829,000
Premium/Discount to List
-$40,000
-4.6%
Current Estimated Value
$1,073,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,508
Avg. Annual Appreciation
6.99%
Original Mortgage
$630,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2015
Sold by
Hendrickson Dean A and Hendrickson Jean A
Bought by
Hendrickson Dean Allen and Dean Allen Hendrickson Trust
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
Korth Todd $829,000 Western Title & Escrow
Hendrickson Dean Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Korth Todd $630,000
Previous Owner Hendrickson Dean A $310,000
Previous Owner Hendrickson Dean A $156,000
Previous Owner Hendrickson Dean A $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $829,000 -4.6% $286 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $869,000 -- $300 / 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 $11,252 $623,570 -- --
2023 $10,987 $605,410 $0 $0
2022 $10,649 $587,780 $0 $0
2021 $10,256 $559,320 $0 $0
2020 $10,013 $543,030 $0 $0
2019 $9,584 $527,220 $0 $0
2018 $9,289 $511,870 $0 $0
2017 $9,207 $496,970 $0 $0
2016 $9,011 $482,500 $0 $0
2015 $8,354 $468,450 $0 $0
2014 $8,166 $454,810 $0 $0
2013 -- $441,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    K. Kier

    Advantage Real Estate

    (541) 265-2200

    4 in this area

    65 Total Sales

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Map

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

MLS Number: 21-1625

APN: R434802

Oregon Lincoln County Newport 97365 Bayfront

854 SE 5th St, Newport, OR

This home is located at 854 SE 5th St, Newport, OR 97365 since 12 July 2021 and is currently estimated at $1,045,307, approximately $360 per square foot. This property was built in 1954. 854 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.

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