$385,000
SOLD MAY 18, 2021
2 Beds
2 Baths
1,120 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

7% Above List Price

4 Days on Market

Highlights

  • Bridge View
  • Traditional Architecture
  • Covered patio or porch
  • Deck
  • No HOA
  • 1 Car Detached Garage

About This Home

As of May 2021

Location location location, just above Newport's historic Bay Front within walking distance to shops and restaurants. Views of Yaquina Bay Bridge. This is a perfect family home for that 1st time home-buyer or a great location for a vacation home. Has potentials for investors as a rental or building site, zoned R3. Owner remodeled the entire house top to bottom in 2016 adding new roof, new hardi-plank siding, new flooring, new custom built kitchen cabinets with granite counters, new garage door. 2019 owners installed all new Anderson Windows and sliding door and new interior & exterior paint. The gardener in the family will love the large fenced back yard with newly planted apple tree, pear tree, 3 pomegranate and 4 blueberries, planted for you enjoy year after year.

Last Agent to Sell the Property

Cheryl Swan-Agent- Newport, Oreg

Martek Real Estate Brokerage Phone: 541-265-8785 License #980100072 Listed on: 03/30/2021

Last Buyer's Agent

Barry Domnich

Realty One Group Willamette Valley License #201204536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1979

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-3 Residential

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Bridge Views
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 2801
  • Assessor Parcel Number 111108CD-2801-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,093

Year Built

Built in 1979

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 Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Subdivision Name: Bayley and Case's
  • Directions: Traveling north on Coast Hwy Just north of Newport Bridge pass Bay Rd next right is SW 12th St.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1979
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bridge
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2801
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Bridge
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108CD-2801-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 3093.32
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 12, 2021
Sold by
Stratton Steven G and Stratton Carroll J
Bought by
Wolford Denise Renee
Seller's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
Buyer's Agent
Barry Domnich
Realty One Group Willamette Valley
List Price
$359,000
Sold Price
$385,000
Premium/Discount to List
$26,000
7.24%
Current Estimated Value
$462,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,834
Avg. Annual Appreciation
4.87%
Original Mortgage
$165,000
Outstanding Balance
$151,110
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$319,143

Purchase Details

Listed on
Dec 29, 2017
Closed on
Feb 28, 2018
Sold by
Kalnins Peter J
Bought by
Stratton Steven G and Stratton Carroll J
Seller's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
Buyer's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$145,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2015
Closed on
Jan 21, 2016
Sold by
Wisseman Ruth
Bought by
Kalnins Peter J
Seller's Agent
Doretta Smith
Windermere West Coast Properties
Buyer's Agent
Cheryl Swan
Windermere West Coast Properties
List Price
$190,000
Sold Price
$167,500
Premium/Discount to List
-$22,500
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.80%
Original Mortgage
$218,032
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2015
Sold by
Lancaster John
Bought by
Mcgrath Alison and Lancaster Alison

Purchase Details

Closed on
May 10, 2005
Sold by
Wisseman Ruth A
Bought by
Wisseman C Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second
Source: Public Records

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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 $385,000 Western Title & Escrow
Warranty Deed $270,000 Western Title & Escrow
Warranty Deed $167,500 Western Title & Escrow
Interfamily Deed Transfer -- Western Title & Escrow
Warranty Deed -- Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $173,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $145,000 New Conventional
Previous Owner $218,032 FHA
Previous Owner $37,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $385,000 +7.2% $344 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $359,000 +33.0% $321 / Sq Ft
03/05/2018 03/05/18 Sold $270,000 -1.8% $256 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $275,000 +64.2% $260 / Sq Ft
02/03/2016 02/03/16 Sold $167,500 -11.8% $159 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $190,000 -- $180 / 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 $3,407 $188,790 -- --
2023 $3,327 $183,300 $0 $0
2022 $3,224 $177,970 $0 $0
2021 $3,168 $172,790 $0 $0
2020 $3,093 $167,760 $0 $0
2019 $2,961 $162,880 $0 $0
2018 $2,870 $158,140 $0 $0
2017 $2,844 $153,540 $0 $0
2016 $2,784 $149,070 $0 $0
2015 $2,581 $144,730 $0 $0
2014 $2,523 $140,520 $0 $0
2013 -- $139,910 $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: 21-640

APN: R312068