2 months on rocket

1127 SW Abbey St, Newport, OR, 97365

$995,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths
4,078 SqFt
$244/SqFt
House
Schools Nearby

Location

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1127 SW Abbey St, Newport$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Pad
Year Built1935
HeatingBaseboard
CoolingNone
BasementYes
ViewOcean, Territorial
MLS #24498839
Lot Size0.22 Acres
StatusActive

About 1127 SW Abbey St

Wonderful opportunity to own a home and three rentals in Newport with a remarkable hilltop location. This 7 bedroom, 5 Bath property is sited above Newports Hospital and the Newport Bayfront, with PANORAMIC VIEWS extending over the bay, bridge and ocean. There are 4 Occupied units with good tenants providing EXCELLENT INCOME and low expenses, and great rental history. This Property is WELL MAINTAINED with a NEW ROOF that is composition on the main house and membrane over the apartments in 2023. Very functional with 5 parking spaces, garbage area, laundry room. See photos for layout. Unit A 3/2, Unit B(Ground floor) 1/1 plus den. Unit C 2 bed/1 bath, Unit D Studio. No showings without an accepted offer. Buyer to assume all tenants at close of escrow. Call for more details.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Tri Level
  • Year Built: 1935
  • Stories: 3
  • Living Area: 4,078 SqFt

Listing Office:

  • Office Name: Advantage Real Estate
  • Office Phone: (541) 265-2200
  • Listing Agent: Audra Powell

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Ocean, Territorial

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Newport High School, Public District Grades 9-12
  • Newport Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From SW Coast Highway, right or East on SW Abbey, continue on SW Abbey to top of hill. 1127 SW Abbey

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $244/SqFt

Tax Information:

  • Annual Amount: $6,769
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newport, OR.

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Newport, OR

City

Med. Sold Price

$445K

Med. Price/SqFt

$332

Avg. Days On Market

54

# of Sold Homes

1

1127 SW Abbey St vs Newport

76 DAYS ON ROCKET

+22 Days

$995,000

+$550K More

$244/SqFt

-$88 Less

KEY TAKEAWAY

This property is $550K more than the Median Sold Price and $88/SqFt less than other homes in Newport, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24498839

Listing Office:

  • Office Name: Advantage Real Estate
  • Office Phone: (541) 265-2200
  • Listing Agent: Audra Powell

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,769$367,130
2019$6,479$356,440
2018$6,280$346,060
2017$6,224$335,990

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4781626
4
/10

  • Newport Middle School

  • 322 NE Eads St

  • 0.84 miles

  • Public District Grades 6-8

High School

school-card-donut-4781627
4
/10

  • Newport High School

  • 322 NE Eads St

  • 0.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,986. The majority of Newport, OR residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1127 SW Abbey St

What is the listing price of this property?

The listing price of 1127 SW Abbey St property is $995,000.

What type of property is this?

The property 1127 SW Abbey St is a house located in Newport, Oregon, 97365.

Is this property for sale now?

Active Listing: 1127 SW Abbey St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1127 SW Abbey St are:
Newport Middle School: GreatSchools Rating 4/10
Newport High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,769 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1127 SW Abbey St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1127 SW Abbey St is 4,078 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1127 SW Abbey St is 1935.

Rocket Homes›Oregon›Lincoln County›Newport›97365›1127 SW Abbey St

This home is located at 1127 SW Abbey St in Newport, OR and zip code 97365 in the Bayfront neighborhood. This 4,078 square foot home, which was built in 1935, sits on a 0.22 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $995,000.

In April 2024 more than 0 listings in Newport, OR were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Newport, OR between March 2024 and April 2024 decreased by 9.1%. The median list price of listings available in April 2024 was $445,000, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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