$410,000
SOLD OCT 11, 2022
2 Beds
2 Baths
1,430 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

13% Below List Price

72 Days on Market

Highlights

  • Bay View
  • No HOA
  • 1 Car Attached Garage
  • Traditional Architecture
  • Den
  • Living Room

About This Home

As of October 2022

Outstanding Yaquina Bay & Bridge Views with the Coastal Mountain Range as your backdrop! This exceptional home near the bay has been meticulously maintained & tastefully remodeled (see improvement list). Turn-key and move in ready to enjoy this summer. Fabulous great room and upper-level bedrooms boasting 180-degree bay/bridge views and cozy gas stoves on each level. Beautiful newer deck to take in the scenery and have a cup of coffee and watch the sunrise. Great location to stroll to the Historic Bayfront with a working dockside, galleries and bistros. Access the beach at Yaquina Bay State Recreation Site and a few minutes away is Nye beach. Paradise awaits you in Newport OR.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 07/06/2022

Last Buyer's Agent

Sonja Lovas

Martek Real Estate License #201104108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1996

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 27 x 50
  • Property is zoned R-3 Residential

Parking

  • 1 Car Attached Garage

Property Views

  • Bay
  • Bridge

Home Design

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

Interior Spaces

  • 1,430 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Newport Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 2303
  • Assessor Parcel Number 111108CD-2303-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,413

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.03
  • Lot Size: 27 X 50
  • Lot Size Sq Ft: 1306.8
  • Road Surface Type: Paved
  • Subdivision Name: Newport
  • Directions: S Coast Hwy, east on SW Bay St, right on SW Bay View Ln to address on right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1996
  • Attribution Contact: john@loveoceanfront.com
  • 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: Bridge
  • General Property Description:_pound_ of Acres: 0.03
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 2303
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 27 X 50
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • Water:Public: Yes
  • Alternate Heat:Gas Stove: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Bay
  • Foundation Details: Slab
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public, On Property
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108CD-2303-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 4412.99
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Cecil Tim and Cecil Amy
Bought by
Timothy And Amy Cecil Trust and Cecil
Total Days on Market
72
Current Estimated Value
$468,612

Purchase Details

Closed on
Sep 19, 2016
Sold by
Mann Gregory R and Mann Rosamaria Carbonell
Bought by
Gregory R Mann Living Trust

Purchase Details

Listed on
Dec 22, 2014
Closed on
Jun 26, 2015
Sold by
Hunter Ronald E and Hunter Sandra F
Bought by
Mann Gregory R and Mann Rosamaria Carbonell
Seller's Agent
Timothy Myrick
Advantage Real Estate
Buyer's Agent
Tony Holly
Advantage Real Estate
List Price
$235,000
Sold Price
$210,000
Premium/Discount to List
-$25,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$168,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
Gregory R Mann Living Trust
Bought by
Cecil Tim and Cecil Amy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $210,000 Western Title & Escrow
Warranty Deed $410,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $410,000 0.0% $287 / Sq Ft
10/11/2022 10/11/22 Sold $410,000 -8.9% $287 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $449,900 -4.1% $315 / Sq Ft
07/22/2022 07/22/22 For Sale $469,000 0.0% $328 / Sq Ft
07/06/2022 07/06/22 For Sale $469,000 +123.3% $328 / Sq Ft
07/02/2015 07/02/15 Sold $210,000 -10.6% $147 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $235,000 -- $164 / 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 $4,932 $273,350 -- --
2023 $4,633 $255,300 $0 $0
2022 $4,491 $247,870 $0 $0
2021 $4,413 $240,660 $0 $0
2020 $4,308 $233,660 $0 $0
2019 $4,124 $226,860 $0 $0
2018 $3,997 $220,260 $0 $0
2017 $3,962 $213,850 $0 $0
2016 $3,878 $207,630 $0 $0
2015 $3,595 $201,590 $0 $0
2014 $3,514 $195,720 $0 $0
2013 -- $190,020 $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: 22-1427

APN: R515256