NOT LISTED FOR SALE

8581 Yaquina Bay Rd Newport, OR 97365

Estimated Value: $412,000 - $661,000

3 Beds
1 Bath
1,520 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 09, 2014

Last sale price $245,000 $161 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,853/month

204 Days on Market

Highlights

  • Bay View
  • Deck
  • No HOA
  • 34.17 Acre Lot
  • Ranch Style House
  • Den

About This Home

As of April 2014

Peaceful, Unique, Beautiful and very Private!! This home has been recently updated with a new kitchen, as well as, other features. Located at the end of a road, it looks out over fields and with a view of the bay. Newly built garage. Property has been partially logged and will be replanted as part of a sales agreement. Seller will pay up to $5000 in buyer's closing costs.

Last Agent to Sell the Property

Diana Abbott

Windermere West Coast Properties Listed on: 09/10/2013

Last Buyer's Agent

Diana Abbott

Windermere West Coast Properties Listed on: 09/10/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1973

Lot Details

  • 34.17 Acre Lot
  • Property is zoned T-C Timber Conservation

Home Design

  • Ranch Style House
  • Composition Roof
  • HardiePlank Siding
  • Concrete Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Living Room
  • Dining Room
  • Den
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11112500-900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 34.17
  • Lot Size: 34.17
  • Lot Size Sq Ft: 1488445.2
  • Road Surface Type: Gravel
  • Exclusions: None
  • Inclusions: Appliances
  • Directions: From Newport go to milepost 8 & just passed it on the left is road to property. Mail boxes on bay side show approx. 4 homes on the road. This property is the last home on the road, approx. 1/2mi.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1973
  • 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: None
  • General Property Description:_pound_ of Acres: 34.17
  • Location Tax and Other Information:Tax Lot: 900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 34.17
  • Location Tax and Other Information:Subdv ParcelLot: 0
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Flooring:Carpet: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Miscellaneous Exclusions: None
  • Utilities:Sewer2: Septic
  • Water: Spring
  • Utilities:Electric3: On Property
  • Utilities:Gas3: None
  • Miscellaneous Possession: TBD
  • External Features:Roof: Composition
  • External Features:Siding: Hardi Plank
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck
  • External Features:Street Surface: Gravel
  • External Features:Outbuildings: None
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Carpet, Tile

Exterior Features

  • View: Bay
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11112500-900-00
  • Zoning: T-C Timber Conservation

Tax Info

  • Tax Annual Amount: 1305.74
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2013
Closed on
Apr 8, 2014
Sold by
Greenawald Ronald E and Greenawald Betty J
Bought by
Painter Troy and Painter Ted
Seller's Agent
Diana Abbott
Windermere West Coast Properties
Buyer's Agent
Diana Abbott
Windermere West Coast Properties
List Price
$289,500
Sold Price
$245,000
Premium/Discount to List
-$44,500
-15.37%
Current Estimated Value
$534,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,913
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Dec 5, 2008
Sold by
Sandifur Jewell J
Bought by
Greenawald Ronald E and Greenawald Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Painter Troy $245,000 Western Title & Escrow
Greenawald Ronald E $235,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenawald Ronald E $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2014 04/09/14 Sold $245,000 -15.4% $161 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
09/10/2013 09/10/13 For Sale $289,500 -- $190 / 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 $314 $24,400 $24,400 --
2023 $300 $23,700 $0 $0
2022 $1,928 $160,210 $0 $0
2021 $1,882 $155,670 $0 $0
2020 $1,848 $151,270 $0 $0
2019 $1,871 $152,520 $0 $0
2018 $1,816 $148,200 $0 $0
2017 $1,730 $143,990 $0 $0
2016 $1,458 $135,210 $0 $0
2015 $1,416 $127,610 $0 $0
2014 $65 $3,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 13-1784

APN: R214157