NOT LISTED FOR SALE

Estimated Value: $653,111 - $801,000

4 Beds
3 Baths
3,190 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $400,000 $125 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,595/month

Highlights

  • Ocean View
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Deck
  • No HOA
  • Forced Air Cooling System

About This Home

As of April 2023

This fine 4 bedroom 2.5 bath home is centrally located just above the Historic Bayfront with upper floor views of the famous Newport Bridge and the Pacific Ocean. Zoned R3 (Residential - Medium Density Multi Family) the lower floor can be a separate apartment with it's own private entrance or just open the lockable internal stairway door and make it part of your overall home. Possibilities abound in this coastal town setting well above the tsunami zone. The house boasts large bedrooms, an open main kitchen and provides lots of room for the whole family. New roof installed in 2015.

Last Agent to Sell the Property

Randy Olsen

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #201207873 Listed on: 02/28/2023

Last Buyer's Agent

Eddie Townsend

Oregon Life Homes License #201237169

Oregon Life Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,304

Year Built

  • Built in 1996

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 105 x 50
  • Property is zoned R-3 Residential

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Bridge

Home Design

  • Composition Roof
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,190 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Bayley And Case's Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 111108CD-3200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,304

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: 0.12
  • Lot Size: 105 X 50
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Inclusions: Walk-in coller
  • Subdivision Name: Bayley and Case's
  • Directions: From Highway 101, east on SW Bay St, Right on SW 11th. 2nd house on left.
  • Architectural Style: Daylight/Walkout Basement
  • Garage Yn: Yes
  • Year Built: 1996
  • 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: Ocean
  • General Property Description:Secondary View: Bridge
  • General Property Description:Lot SqFt: 2,878
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3200
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Daylight/Walkout Basement
  • General Property Description:Basement: Daylight
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 105 X 50
  • Location Tax and Other Information:Subdv ParcelLot: 8
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Vinyl, Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

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

Garage/Parking

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

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 #: 111108CD-3200-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 7303.67
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 19, 2023
Sold by
Simonsen Luke S
Bought by
Perez John C and Perez Celinda E
Seller's Agent
Randy Olsen
Advantage Real Estate
Buyer's Agent
Eddie Townsend
Oregon Life Homes
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Current Estimated Value
$725,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,278
Avg. Annual Appreciation
32.92%
Original Mortgage
$320,000
Outstanding Balance
$313,064
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$456,614

Purchase Details

Closed on
Aug 16, 2010
Sold by
Paradis Armand O and Paradis Patricia A
Bought by
Simonsen Luke S and Simonsen Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Paradis Armand O and Paradis Patricia A
Bought by
Paradis Armand O and Paradis Patricia A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perez John C $400,000 Western Title
Simonsen Luke S $270,000 Western Title & Escrow
Paradis Armand O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez John $101,223
Open Perez John C $320,000
Previous Owner Simonsen Luke S $269,500
Previous Owner Paradis Armand O $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $400,000 -15.8% $125 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $475,000 -- $149 / 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 $7,717 $427,690 -- --
2023 $7,536 $415,240 $0 $0
2022 $7,304 $403,150 $0 $0
2021 $7,177 $391,410 $0 $0
2020 $7,007 $380,010 $0 $0
2019 $6,707 $368,950 $0 $0
2018 $6,501 $358,210 $0 $0
2017 $6,443 $347,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 23-293

APN: R323832