Closed

$500,000

551 SW 3rd St, Newport, OR 97365

3beds

2baths

1,226sqft

Single Family Residence

Built in 1962

7,840 Square Feet Lot

$511,500 Zestimate^®

$408/sqft

$2,722 Estimated rent

Home value

$511,500

$465,000 - $563,000

$2,722/mo

Zestimate^® history

Owner options

List your home for rent

$2,722/mo

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$2,722/mo

Rent Zestimate^®

Refinance and save

$3,057/mo

Est. payment

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$3,057/mo

Est. payment

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What's special

**Statical purposed only** 3 spacious bedrooms adorned with wall-to-wall carpet, you'll find a cozy haven to unwind after a day in the sun. The large living room, complete with a gas fireplace, large newer windows and new laminate hardwood floors, invites relaxation and gatherings with friends and family. The open dining area seamlessly connects to the living room and kitchen, enhancing the flow of the home and making entertaining a breeze.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Cooling

Has cooling: Yes

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater

Features

Flooring: Carpet, Vinyl
Windows: Window Treatments
Has basement: No
Has fireplace: Yes
Fireplace features: Gas
Furnished: Yes

Interior area

Total structure area: 1,226
Total interior livable area: 1,226 sqft

Property

Parking

Parking features: Attached Garage
Has garage: Yes

Features

Levels: One
Stories: 1

Lot

Size: 7,840 Square Feet

Details

Parcel number: 111108BC70100
Zoning description: R-3 Residential

Construction

Type & style

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

Materials

Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1962

Utilities & green energy

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

Community & HOA

Community

Subdivision: Bayley and Case's

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $408/sqft
Tax assessed value: $469,990
Annual tax amount: $4,163
Date on market: 12/27/2024
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/17/2024	Sold	$500,000-4.8%$408/sqft
Source: OCMLS #LC-102752 Report a problem
10/31/2024	Pending sale	$525,000$428/sqft
Source: RMLS (OR) #24428452 Report a problem
10/3/2024	Listed for sale	$525,000+288.9%$428/sqft
Source: RMLS (OR) #24428452 Report a problem
2/8/1999	Sold	$135,000$110/sqft
Source: OCMLS #98-11346 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,224 +2.1%	$243,400 +3%
2024	$4,136 +2.4%	$236,320 +3%
2023	$4,039 +3.2%	$229,440 +3%
2022	$3,915 -1.3%	$222,760 +3%
2021	$3,966 +5.6%	$216,280 +3%
2020	$3,756	$209,990 +3%
2019	--	$203,880 +3%
2018	$3,592	$197,950 +3%
2017	$3,592 +3.1%	$192,190 +3%
2016	$3,485	$186,600 +3%
2015	$3,485 +10.3%	$181,170 +3%
2014	$3,158	$175,900 +3%
2013	$3,158 +9.9%	$170,780 +3%
2012	$2,875 +3.2%	$165,810 +3%
2011	$2,787 +2.6%	$160,990
2010	$2,716 +3.1%	$160,990 +6.1%
2009	$2,633 +1.7%	$151,760
2008	$2,589 +3.5%	$151,760 +6.1%
2007	$2,502	$143,050