232 NW Coast Street, Newport, OR 97365 (MLS# 22-1415)


$1,550,000
232 NW Coast Street
Newport, OR 97365
MLS# 22-1415
Status: Closed
4 beds  |  3 baths  |  5500 sqft


232 NW Coast Street, Newport, OR 97365
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Property Description
Unique artists home and with 4 commercial rentals and 2 small apartments in the heart of Nye Beach. This property is so special with custom handmade tiles throughout that were made on property in former pottery studio. Thoughtful architecture, and artistic touches you must see in person to appreciate. Main home is 2 bedroom, 1 bath and adjoins a studio guest apartment with bamboo floors and lower commercial space. Separate and detached ADU with established kitchen store below and one bedroom apartment above. Valuable C-2 zoning and prime location just south of the Nye Beach turnaround and just blocks from beach access makes for a dream home and an incredible income property. Charming storefront with quality tenants would be a valuable asset and instant monthly income for the new owner

Details
Maps
Contract Information
Current Price: $1,550,000
Sold Price: $1,550,000
Begin Date: 2022-07-04
BA Comm: 2.5
BA Comm Type: %
Bank/Lender Owned?: No
Short Sale: No
3rd Party Approval: No
General Property Description
Property Sub-Type: Single Family Residence
Major Area: Newport/South Beach
Minor Area: Newport
Frontage: None
Primary View: Ocean
Frontage/View Remarks: Ocean Peaks and a birds eye view of Nye Beach.
Secondary View: None
Total Bedrooms: 4
Total Bathrooms: 3
Levels: Two
Total SqFt.: 5500
Sq Ft Remarks: per owner
Year Built: 1999
Year Built Remarks: 1999 w/1910 portion
Lot Dimensions: 100 x 62.5
Lot SqFt: 6251
# of Acres: 0.14
Style: Craftsman
Basement: No
Garage Type: None
Association: No
CC&Rs: No
Location, Tax and Other Information
House Number: 232
Street Direction Pfx: NW
Street Name: Coast
Street Sfx: Street
County: Lincoln
State/Province: OR
Postal Code: 97365
Property Tax ID #: R444683
Parcel Nbr: 111108BB-5800-00
Tax Map Number: 111108BB
Tax Lot: 5800
Taxes$: 5690.54
Tax Year: 2021
Tax Remarks: Assessors record show 1910 but that was just small portion of home(Jovi and Above) 1999 is more accurate, rebuilt.
Tax District: 104
Zoning: C-2 General Commercial
Neighborhood Code: N516
Subdivision: Saratoga Blocks
Subdv Parcel/Lot: R444683
Hwy 101: West Side
Cross Street: Olive/2nd
Directions: West on Olive Street, North on Coast Street to address. On street Parking.
Status Change Info
Status: Closed
Under Contract Date: 2022-11-16
Sold Price: $1,550,000
Sold Date: 2023-07-20
Miscellaneous
Pet Friendly: Yes
Exclusions: see list.
Sq Ft Per: Owner
Rent/Month: 7650
ADU Accessory Dwelling Unit: Above tututu.
External Features
Exterior Color: cedar shake
Internal Features
Water Heater: Gas
Washer/Dryer: Electric
Range/Oven: Gas
Furnished: No
Property Features
Miscellaneous: Rent
Roof: Composition
Siding: Shingle
Foundation: Combination; Concrete Perimeter; Slab
Deck/Patio: Covered Patio; Covered Porch
Outbuildings: Shed
Street Surface: Paved
Lot Type: Dimensions Above
Internal Features: Dishwasher; Refrigerator; Window Coverings
Ceiling: Flat
Flooring: Tile; Wood
Heating/Cooling: Electric Base Board
Alternate Heat: Gas Stove
Electric: On Property
Gas: On Property
Sellers Terms: 1031; Cash; Conventional
Possession: Close Plus 30 Days; Subject To Tenant Rights
Room Information
Room Name
Kitchen
Living Room
Bonus Room
Other
Half Bathroom
Bedroom 1
Bedroom 2
Bathroom 1
Other
Other
Other
Bedroom-Studio
Other
Bedroom-Studio

Listing Office: Advantage Real Estate

Last Updated: July - 21 - 2023

232 NW Coast Street, Newport, OR 97365 - MLS# 22-1415
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