NOT LISTED FOR SALE

890 SE Bay Blvd Unit 312 Newport, OR 97365

Bayfront Neighborhood

Estimated Value: $285,000 - $403,888

1 Bed
2 Baths
716 Sq Ft
$497/mo HOA Fee

Last Sold January 31, 2023

Last sale price $420,000 $587 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $2,678/month

205 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Furnished
  • Living Room
  • Deck
  • Patio
  • Zoned Cooling

About This Home

As of January 2023

TOP FLOOR Newport Bayfront condo at The Landing! ELEVATOR and PARKING GARAGE! SINGLE LEVEL 1 bedroom, 1.5 bath unit with AMAZING VIEWS of the Yaquina Bay and Bridge, harbor, boats, and wildlife. Sunny south-facing deck, full kitchen, washer/dryer in-unit, sold FURNISHED and ready to rent! Rare vacation rental opportunity with income history. Low HOA fees of $497/mo cover all utilities and amenities. The Landing is a PET FRIENDLY condominium hotel in Newport's Bayfront District with easy access to the BEACH, the BAYFRONT, all the best shopping and fresh seafood restaurants in town. Amenities include covered parking garage, ELEVATOR, fitness center, and outdoor patio with BBQ's, crab cookers, and picnic areas for al fresco dining. This is a restricted unit and can not be lived in full time.

Last Agent to Sell the Property

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892 Listed on: 02/02/2023

Co-Listed By

Brodie Becksted

Equity Plus Real Estate License #200302191

Last Buyer's Agent

Chantelle Charpentier

Martek Real Estate License #201219504

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 2000

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $497 Monthly HOA Fees

Property Views

  • Bay
  • Bridge

Home Design

  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 716 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • Garage
  • Carport

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 70312
  • Assessor Parcel Number 111109CB-70312-00

Community Details

Overview

  • Association fees include electricity, trash, gas, sewer, insurance, water
  • Contact La Association, Phone Number (541) 961-1198
  • Secondary HOA Phone (541) 961-1198
  • Landing At Newport Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

Year Built

Built in 2000

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Bay/Harbor
  • Road Surface Type: Paved
  • Subdivision Name: Landing at Newport Condo
  • Directions: Hwy 101 in Newport, east on Hwy 20, south on SE Moore Dr, west on SE Bay Blvd to property on left. Top floor unit.
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 2000
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Bay
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Bridge
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 70312
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.5
  • 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
  • DeckPatio:Deck: 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
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Patio: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Carport

Utilities

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

Condo/Co-op/Association

  • Association Fee: 497.0
  • Association Fee Frequency: Monthly
  • Phone: 541-961-1198
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: 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: Contact LA
  • CondoAssociation:Assoc Contact Phone: 541-961-1198
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Electric - Unit: Yes
  • Association Fee Inclusions:Gas - Unit: Yes
  • Association Fee Inclusions:Telephone - Unit: Yes

Fee Information

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

Lot Info

  • Parcel #: 111109CB-70312-00
  • Zoning: W-2 Water Related

Tax Info

  • Tax Annual Amount: 3652.01
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Jan 19, 2023
Sold by
Hand Larry L
Bought by
Strever Kevin
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Chantelle Charpentier
Martek Real Estate
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$340,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,704
Avg. Annual Appreciation
-6.91%
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
Strever Kevin $420,000 Western Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $420,000 -1.2% $587 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
07/09/2022 07/09/22 For Sale $425,000 -- $594 / 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 $3,927 $217,610 -- $217,610
2023 $3,834 $211,280 $0 $0
2022 $3,716 $205,130 $0 $0
2021 $3,652 $199,160 $0 $0
2020 $3,565 $193,360 $0 $0
2019 $3,413 $187,730 $0 $0
2018 $3,308 $182,270 $0 $0
2017 $3,278 $176,970 $0 $0
2016 $3,240 $173,500 $0 $0
2015 $3,074 $172,390 $0 $0
2014 $2,884 $160,600 $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: 22-1453

APN: R515859