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$772,955Estimated home value

Beds
4
Baths
3.0
sq ft
3,412

320 NW 5th St, Newport, OR 97365

320 NW 5th St

Newport, OR 97365

  • Off market
    • Price drop $20,000↓
Step into a perfect blend of 1920's charm and modern luxury with this exquisite 3BR, 2BA home, located just steps away form Historic Nye Beach. This beautifully maintained house features period-specific architectural details that provide a warm & inviting ambiance. Spacious living area, modern kitchen & cozy nooks to soak up the sun & relax. Master bdrm, complete with en suite bath, walk in closet, and room large enough for office space/library or just more closet! Bonus room upstairs offers plenty of light and private balcony to catch a glimpse of the ocean. STUDIO APARTMENT above garage for extra income/guest house. Relax in the hot tub or lounge in the solarium to experience a touch of elegance & tranquility. RV & guest parking all just a 10 min stroll to beachside shops & restaurants.

Details

Property type

Single Family Residence

Est. home value

$772,955

Lot size

0.23 acres

Price per sq ft

$246

Year built

1928

Annual property taxes

$8,172.56

Price History

10/11/2024
PortlandOR

PortlandOR #24398243

Removed
$839,000
08/02/2024
PortlandOR

PortlandOR #24398243

Removed
$839,000
07/24/2024
PortlandOR

PortlandOR #24398243

Listed
$839,000

Schools & Community

Elementary school: 

Yaquina View

Middle school: 

Newport

High school: 

Newport

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$401,780
Asking price
$839,000
Closing costs (~8% of asking)
-$67,120
Est. remaining loan balance
-$370,100
Cash to seller
$401,780

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2021

Original loan amount

$399,000

Est. remaining balance

$370,100

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Jessica Holiday and Dominic Gerbo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/03/2024 at 5:15 AM

Listing updated: 10/09/2024 at 4:55 PM

Listed by: Robyn Tanner, Beachside Realty Phone #: (541) 819-0733

MLS: PortlandOR #24398243

PortlandOR logo

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