$515,000 Price Analysis    ♡   Newport, OR 97365 2 bed 2 bath 1,500 SqFt ($343/SqFt) 6,534SqFt lot. Built 1957 Listed 2024-05-04, Taxes $3,351 | ✓ USDA Eligible near Newport, OR |
Presenting a must-see
Fantastic opportunity for the right buyer! Originally constructed as a one-story ranch-style h ome in 1957, the owner then added an engineered and permitted steel beam structure up to the third story height, upon which a 30 x 30 home was built. Situated two blocks from the ocean and minutes away from essential amenities such as hospital, groceries and fuel, this property in Newport, Oregon, offers unparalleled convenience.
With a breathtaking, unobstructed ocean view, a big lot providing front and rear access and a generously sized grage (15 feet tall, 20 feet wide and 30 feet deep), suitable for a motorhome, boat, workshop and more, this home provides limitless possibilities. Additionally, downstairs features a completely separate one-bedroom rental apartment, ensuring a steady stream of income. This home is waiting to be finished and transformed into someone's dream ocean view residence. Don't miss out, schedule your tour today!
Presented by Hannah Katz at
Coldwell Banker Professional.
Property MLS #24400560 from RMLS
Bedroom 2 Dimensions: 15 x 10
Bedroom 2 Level: Lower
Full Bathrooms: 2
Bathrooms On Lower Level: 1.0
Full Bathrooms On Lower Level: 1
Bathrooms On Upper Level: 1.0
Full Bathrooms On Upper Level: 1
VaultedCeiling
WoodFloors
BuiltinRange
BuiltinRefrigerator
Dishwasher
Disposal
Microwave
Heating Features: WallHeater, WoodStove, Zoned
Heating: Yes
Number of Fireplaces: 1
Water Heaters: Electricity, Tankless
Dining Room Level: Lower
Kitchen Level: Upper
2nd Kitchen Level: Lower
Living Room Level: Upper
Road Surface Type: Paved
Garage Spaces: 2
Garage Description: Attached, ExtraDeep, Oversized
Parking Features: Covered, Driveway
Lot Size Acres: 0.15
Lot Size Dimensions: 52x120
Lot Size Square Feet: 6534
High School: Newport
Middle School: Newport
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 3457.73
Source Listing Status: Active
County: Lincoln
Directions: Hwy 101, w on 10th to herbert
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Ocean View
Parcel Number: R415909
Subdivision: Ocean View
Zoning: R-4
Property Subtype: SingleFamilyResidence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $184,990 | $3,351 |
| 2021 | $unknown + $unknown $179,610 | $3,293 |
| 2020 | $unknown + $unknown $174,380 | $3,215 |
| 2019 | $unknown + $unknown $169,310 | $3,077 |
| 2018 | $unknown + $unknown $195,570 | $3,549 |
| 2017 | $unknown + $unknown $159,600 | $2,956 |
| 2016 | $unknown + $unknown $154,960 | $2,894 |
| 2015 | $unknown + $unknown $150,450 | $2,683 |
| 2014 | $unknown + $unknown $146,070 | $2,622 |
| 2013 | $unknown + $unknown $141,820 | $2,487 |
| 2012 | $unknown + $unknown $137,690 | $2,387 |
| 2011 | $unknown + $unknown $133,680 | $2,314 |
| 2010 | $unknown + $unknown $129,790 | $2,254 |
| 2009 | $unknown + $unknown $126,010 | $2,186 |
| 2008 | $unknown + $unknown $126,010 | $2,149 |
| 2007 | $unknown + $unknown $118,780 | $2,077 |
$515,000
RMLS
Listed 2024-05-03
$515,000
OCMLS
Sold 2002-04-29
$115,000
Public Record
Sold 1997-09-24
$104,500
Public Record
Building Area Total: 1500
Building Exterior Type: ShakeSiding, ShingleSiding
Foundation Details: Block, ConcretePerimeter, Slab
Property Age: 67
Property Condition: Fixer
Roof: Composition
Levels or Stories: 2
House Style: Stories2
Total Area Lower: 600
Total Area Upper: 900
Architectural Style: Stories2
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.