NOT LISTED FOR SALE

Lot 3400 SW Mark St Newport, OR 97365

0.11 Acre
-- Price per Acre
4,792 Sq Ft Lot

Last Sold January 17, 2014

Last sale price $95,000

401 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • 1-minute walk to Yaquina Bay Shellfish Preserve
  • No HOA

About This Lot

As of January 2014

Ocean view home site with garage. View of the ocean, Yaquina Bay Lighthouse and Yaquina Bay Bridge. Close walk to the beach via great beach access around the corner through the State Park. Historic Nye Beach with shops, restaurants and galleries and the Historic Bay Front also within walking distance. All City utilities at the street make it easy to plan your new coastal getaway or new home. Here is some general information on the beach lot in the 1100 block of SW Mark St in Newport:

As a reminder, this lot is zoned R2 for Medium Density Single Family Residential construction. As I understand it since this is a 5000 Sq Ft lot, (50’X100’) interior lot, it allows a single family residence. There are standard setbacks for front, back and side yards and also indicates the max 30’ height of the home which would probably allow for up to 3 stories. Many areas of the city that are more restrictive on height, with overlay zoning (Historic Nye Beach)or deed restrictions and such and other factors such as architectural standards, protected views, etc. that make building in those areas more expensive than on this lot. This lot is also very easy to build on as it is flat and cleared. Many lots in town are real challenges because of steep slopes, wet areas, etc.

This 50' X 100' .11 acre property is cleared and level and has a nice existing 14' X 24' single car garage on it if that could be of good use to the buyer. The garage has a new roof and man door in 2011, a newer overhead garage door and vinyl sliding window and the building was freshly painted in 2012. This would be great for storage of your boat if you have one or for storing other property for your use when you come to the beach or for a basis of beginning your new home at the beach. You could also have a jetty, lighthouse (or maybe 2 lighthouses) and ocean views from the upper levels of your home from this location. Also, there are many long time, year round residents living in this area which adds to this being a stable community.

City services are located in front of the lot including, reasonably priced electricity from the local PUD, natural gas and city water and sewer availability. There will be no need for a well or a costly and messy septic system that restricts the placement and design of your new home.

This property is in a convenient central location for beach access, and we (the owner) have found it an easy walk to popular destinations around Newport like the Historic Newport Bayfront, Yaquina Bay State Park and Lighthouse which is in sight to the south of the lot and less than one block away; Some also enjoy that it is also walking distance to the post office, library, shopping and Historic Nye Beach for more great shops, restaurants, bead shop, art galleries, artisan bakery and more. Newport is also the home of the new NOAA Pacific Fleet Headquarters, the Oregon Coast Aquarium, Oregon Coast Community College, the Yaquina Bay Bridge, Rogue Ales and the Hatfield Marine Science Center operated by Oregon State University.

All around, Newport is a great place to visit or to live, for sightseeing, boating, fishing, crabbing and the arts for one and all.

Last Agent to Sell the Property

Janis Neigebauer

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #880400039 Listed on: 11/23/2012

Last Buyer's Agent

Patricia Patrick-Joling

Dolphin Real Estate, LLC License #950300140

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $737

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Level Lot
  • Property is zoned R-2 Residential

Additional Features

  • Ocean Views
  • Gas Available at Street

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 111108CC-3400-00

Community Details

Overview

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

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$737

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Gravel
  • Subdivision Name: Bayley and Case's
  • Directions: West off Hwy 101 on SW Minnie. South on Mark Street.
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 3400
  • Miscellaneous Survey: Yes
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City Street2: Yes
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 9
  • Miscellaneous Cable T V: Avail
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Available
  • Water Source: At Street

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108CC-3400-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 737.48
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $95,000 -20.2% --
12/29/2013 12/29/13 Pending -- -- --
11/23/2012 11/23/12 For Sale $119,000 -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 12-2706