Closed

$375,000

1240 NW Lake St, Newport, OR 97365

3beds

1baths

936sqft

Single Family Residence

Built in 1962

6,098 Square Feet Lot

$362,000 Zestimate^®

$401/sqft

$2,206 Estimated rent

Home value

$362,000

$304,000 - $431,000

$2,206/mo

Zestimate^® history

Owner options

List your home for rent

$2,206/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,206/mo

Rent Zestimate^®

Refinance and save

$2,288/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,288/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Immediate occupancy, This home features oak flooring, tile floors, vinyl windows, appliances, recently painted, updated, siding, garage door, vinyl windows, newer roof, updated heating and more. Large yard with possible back alley access if improved. Room to add shop or ? City services, close to schools, beach, shopping.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1

Primary bedroom

Description: Carpet

Bedroom 2

Description: Carpet

Bedroom 3

Description: Carpet

Bathroom

Description: Vaulted

Dining room

Description: Tile floor

Kitchen

Description: Tile floor, appliances

Living room

Description: Oak flooring

Utility room

Description: in garage

Heating

Has Heating (Unspecified Type)

Appliances

Included: Water Heater

Features

Has basement: No

Interior area

Total structure area: 936
Total interior livable area: 936 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Garage
Garage spaces: 1

Features

Levels: One
Stories: 1

Lot

Size: 6,098 Square Feet
Dimensions: 50' x 126.50'

Details

Parcel number: 111105BD550000
Zoning description: R-2 Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Concrete
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1962

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available

Community & HOA

Community

Subdivision: Ocean View

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $401/sqft
Tax assessed value: $318,970
Annual tax amount: $2,826
Date on market: 4/14/2025
Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes
Road surface type: Gravel

Price history

Date	Event	Price
12/30/2025	Sold	$375,000$401/sqft
Source: Public Record Report a problem
5/30/2025	Sold	$375,000-6%$401/sqft
Source: OCMLS #LC-103522 Report a problem
5/6/2025	Pending sale	$399,000$426/sqft
Source: OCMLS #25-762 Report a problem
4/14/2025	Listed for sale	$399,000$426/sqft
Source: OCMLS #25-762 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,808 +2.4%	$160,430 +3%
2023	$2,742 +3.2%	$155,760 +3%
2022	$2,658 -1.3%	$151,230 +3%
2021	$2,692 +5.6%	$146,830 +3%
2020	$2,550	$142,560 +3%
2019	--	$138,410 +3%
2018	$2,439	$134,380 +3%
2017	$2,439 +3.1%	$130,470 +3%
2016	$2,366	$126,670 +3%
2015	$2,366 +10.3%	$122,990 +3%
2014	$2,144	$119,410 +3%
2013	$2,144 +9.8%	$115,940 +3%
2012	$1,952 +3.2%	$112,570 +3%
2011	$1,892 +2.6%	$109,300
2010	$1,844 +3.1%	$109,300 +6.1%
2009	$1,788 +1.7%	$103,030
2008	$1,758 +3.5%	$103,030 +6.1%
2007	$1,698	$97,120