NOT LISTED FOR SALE

Estimated Value: $917,417 - $1,008,000

7 Beds
5 Baths
4,304 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $925,000 $215 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,197/month

67 Days on Market

Highlights

  • Greenhouse
  • Deck
  • No HOA
  • Bay View
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of April 2024

Welcome to this stunning property nestled in a sought-after neighborhood! This spacious home has 3 separate living areas and boasts 7 total bedrooms, providing ample space for a large family or accommodating guests. With 5 bathrooms, there will never be a queue for morning routines or evening relaxation. The property offers two separate living areas, allowing for flexible living arrangements or the potential for rental income. Additionally, a studio is attached, providing even more versatility and possibilities for various uses such as a home office, art space, or guest quarters. Prepare to be captivated by the breathtaking views that this property offers. From the bay to the bridge, and even the vastness of the ocean every day will present a picturesque backdrop that will soothe your soul and leave a lasting impression. Situated on a quiet dead-end street, tranquility and privacy are assured. Whether you're seeking a peaceful retreat or a serene place to call home, this location offers the best of both worlds. The serene surroundings make it ideal for full-time living, while the property's features and potential rental income make it an attractive investment opportunity.

Don't miss your chance to own this remarkable property with stunning views, multiple living areas, and endless possibilities. It's time to make your dream of coastal living a reality!

Last Listed By

Michael Kessinger

Equity Plus Real Estate License #201208522 Listed on: 01/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,633

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Bridge

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 4,304 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Natural lighting in basement
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Greenhouse

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 800
  • Assessor Parcel Number 111108AD-800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,633

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.4
  • Road Surface Type: Paved
  • Subdivision Name: Olsson's Newport
  • Directions: From Hwy-20 turn South onto SE Fogarty Street then turn left on SE 3rd Street. House is at end of street on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Bay
  • General Property Description:Secondary View: Bridge
  • General Property Description:_pound_ of Acres: 0.24
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 800
  • General Property Description:Total Bedrooms: 7
  • General Property Description:Total Bathrooms: 5.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Siding:Hardi Plank: Yes
  • Outbuildings:Green House: Yes
  • Siding:Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet

Exterior Features

  • View: Bay
  • Foundation Details: Slab
  • Other Structures: Green House
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108AD-800-00
  • Zoning: R-2 Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8633.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Durrett Suzanne and Durrett Suzanne M
Bought by
Delman Debbie and Esquivel Gracee
Total Days on Market
67
Current Estimated Value
$975,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2016
Sold by
Hayward Joseph
Bought by
Durrett Suzanne

Purchase Details

Closed on
Aug 15, 2013
Sold by
Hayward Joseph C and Durrett Hayward Suzanne M
Bought by
Hayward Joseph and Durrett Suzanne

Purchase Details

Closed on
Jul 8, 2008
Sold by
Beck Mary J
Bought by
Hayward Joseph and Durrett Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2005
Sold by
Hayward Joseph C and Durrett Suzanne M
Bought by
Beck Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2005
Sold by
Nelson Lois E and Thacker Lois M
Bought by
Hayward Joseph C and Durrett Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Delman Debbie $675,000 Western Title & Escrow
Durrett Suzanne -- None Available
Hayward Joseph -- First American Title Ins Co
Hayward Joseph -- First American Title Ins Co
Beck Mary J -- First American Title Ins Co
Hayward Joseph C $400,000 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geer Michael A $737,000
Closed Delman Debbie $70,000
Closed Delman Debbie $570,000
Previous Owner Hayward Joseph $415,000
Previous Owner Hayward Joseph C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $925,000 -7.0% $215 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $995,000 -- $231 / 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 $9,122 $505,560 -- --
2023 $8,908 $490,840 $0 $0
2022 $8,633 $476,550 $0 $0
2021 $8,484 $462,670 $0 $0
2020 $8,283 $449,200 $0 $0
2019 $7,928 $436,120 $0 $0
2018 $7,684 $423,420 $0 $0
2017 $7,616 $411,090 $0 $0
2016 $7,454 $399,120 $0 $0
2015 $6,911 $387,500 $0 $0
2014 $6,579 $366,410 $0 $0
2013 -- $376,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

MLS Number: 24-13

APN: R432354