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  • $549,000

    540 NW 56th St, Newport, OR 97365

    3beds
    1,716sqft
    : 
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    Single Family Residence
    Built in 1955
    7,840 Square Feet Lot
    $538,700 Zestimate®
    $320/sqft
    $-- HOA

    What's special

    Abundant natural lightOriginal hardwood floors
    Versatile 3 bedroom, 3 bath coastal home just steps from the trail to beach access. Ideal for full-time rental income, personal use, or both. Currently features two separate living spaces, each with its own private entrance and dedicated washer & dryer. Could easily convert to a single family residence with a doorway installation. Charming cottage features original hardwood floors and abundant natural light. Fully fenced yard provides space for outdoor enjoyment and private courtyard is ready for a hot tub. Oversized 1 car garage has plenty of storage and a work bench. The suite over the garage has slider to a deck to relax and listen to the sound of the ocean waves. Zoned R-2 with potential to add a full kitchen to the suite above the garage (buyer to verify.) Prime coastal location in a great walking neighborhood with 2 different trail accesses to miles of sandy beach and nearby Yaquina Head Natural Area, Lighthouse, Agate Beach and Moolack Beach. Possible owner carry terms available!
    19 days
    |
    2,283
    |
    125
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Graham 541-992-1050,

    Taylor & Taylor Realty Company

    Source: OCMLS,MLS#: 26-1658MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Electric, Zoned
      Cooling
      • Ceiling Fan(s), None
      Appliances
      • Included: Dishwasher, Gas Range, Refrigerator, Washer/Dryer Stacked, Water Heater
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • Pantry, Storage, Hand-held Shower Head, Ceiling Fan(s)
      • Flooring: Carpet, Hardwood, Tile, Vinyl
      • Windows: Blinds
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,716
      • Total interior livable area: 1,716 sqft
      • Finished area above ground: 1,716
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached Garage, Driveway, Oversized
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Enclosed Porch, Open Patio
      • Exterior features: Fire Pit, Courtyard
      • Fencing: Full
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 7,840 Square Feet
      • Features: Landscaped, Level
      Details
      • Additional structures: None
      • Parcel number: 101130AA60000
      • Zoning description: R-2 Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • T1-11 Type
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Agate Beach
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $320/sqft
      • Tax assessed value: $511,040
      • Annual tax amount: $3,977
      • Date on market: 6/16/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan,Owner Will Carry,Submit
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $538,700

        $512,000 - $566,000

        $2,767/mo

        Price history

        DateEventPrice
        6/16/2026Listed for sale$549,000-2.8%$320/sqft
        Source: OCMLS #26-1658 Report a problem
        9/6/2025Listing removed$2,700$2/sqft
        Source: Zillow Rentals Report a problem
        9/3/2025Listing removed$565,000$329/sqft
        Source: OCMLS #25-407 Report a problem
        8/25/2025Listed for rent$2,700+3.8%$2/sqft
        Source: Zillow Rentals Report a problem
        8/12/2025Price change$565,000-1.7%$329/sqft
        Source: OCMLS #25-414 Report a problem
        7/28/2025Price change$575,000-4%$335/sqft
        Source: OCMLS #25-414 Report a problem
        7/10/2025Price change$599,000-4.8%$349/sqft
        Source: OCMLS #25-407 Report a problem
        6/18/2025Price change$629,000-3.2%$367/sqft
        Source: OCMLS #25-407 Report a problem
        3/7/2025Listed for sale$650,000+83.1%$379/sqft
        Source: OCMLS #25-407 Report a problem
        11/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/26/2023Listed for rent$2,600$2/sqft
        Source: Zillow Rentals Report a problem
        10/2/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/20/2023Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        9/20/2023Listed for rent$2,600$2/sqft
        Source: Zillow Rentals Report a problem
        6/18/2021Sold$355,000+7.6%$207/sqft
        Source: Public Record Report a problem
        5/23/2018Listing removed$329,900$192/sqft
        Source: Coastal Dreams Real Estate #18-1014 Report a problem
        5/1/2018Price change$329,900-0.9%$192/sqft
        Source: Coastal Dreams Real Estate #18-1014 Report a problem
        4/21/2018Listed for sale$332,900+124.9%$194/sqft
        Source: Coastal Dreams Real Estate #18-1014 Report a problem
        9/20/2016Sold$148,000-4.5%$86/sqft
        Source: OCMLS #LC-77845 Report a problem
        8/4/2016Pending sale$154,900$90/sqft
        Source: At the Beach Real Estate #16-746 Report a problem
        7/14/2016Price change$154,900-8.8%$90/sqft
        Source: At the Beach Real Estate #16-746 Report a problem
        6/15/2016Price change$169,900-12.3%$99/sqft
        Source: At the Beach Real Estate #16-746 Report a problem
        4/12/2016Price change$193,800-5%$113/sqft
        Source: At the Beach Real Estate #16-746 Report a problem
        3/10/2016Listed for sale$204,000-2.8%$119/sqft
        Source: At the Beach Real Estate #16-746 Report a problem
        1/19/2016Sold$209,950-10.3%$122/sqft
        Source: Public Record Report a problem
        7/26/2005Sold$234,000$136/sqft
        Source: OCMLS #05-1684 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,777 +2.4%$215,820 +3%
        2023$3,689 +3.2%$209,540 +3%
        2022$3,575 -1.3%$203,440 +3%
        2021$3,622 +5.6%$197,520 +3%
        2020$3,430 $191,770 +3%
        2019-- $186,190 +3%
        2018$3,281 $180,770 +3%
        2017$3,281 +3.1%$175,510 +3%
        2016$3,182 $170,400 +3%
        2015$3,182 +10.3%$165,440 +3%
        2014$2,884 $160,630 +3%
        2013$2,884 +9.9%$155,960 +3%
        2012$2,625 +3.2%$151,420 +3%
        2011$2,545 +2.6%$147,010
        2010$2,480 +3.1%$147,010 +6.1%
        2009$2,404 +1.7%$138,580
        2008$2,364 +3.5%$138,580 +6.1%
        2007$2,285 $130,640

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97365

        Getting around

        13 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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