6 months on rocket

248 NW 56th St, Newport, OR, 97365

$300,000

Home List Price

$3,563*

Closing Credit

2 Bedrooms
1 Full Bath
1,040 SqFt
$288/SqFt
House
Schools Nearby

Location

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248 NW 56th St, Newport$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Attached Garage2 spaces
Year Built1960
HeatingOther
FireplaceGas Fireplace, Insert
ViewTerritorial
MLS #23029881
Lot Size0.17 Acres
StatusActive

About 248 NW 56th St

Nice home on a corner lot in a well sought after neighborhood just north of the Yaquina Head Light House. Local highlights include Starfish Cove, Agate Beach, and Yaquina Head Outstanding Natural Area. Needs some TLC. Great investor opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: Hybrid Real Estate
  • Office Phone: (541) 343-0322
  • Listing Agent: Scott King

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Fireplace: Gas Fireplace, Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Storm Door(s), Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other

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: Hwy 101 to 58th, west on 58th, turn left on Biggs St. right on 56th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $288/SqFt

Tax Information:

  • Annual Amount: $2,588
  • 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

248 NW 56th St vs Newport

196 DAYS ON ROCKET

+142 Days

$300,000

-$145K Less

$288/SqFt

-$44 Less

KEY TAKEAWAY

This property is $145K less than the Median Sold Price and $44/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: #23029881

Listing Office:

  • Office Name: Hybrid Real Estate
  • Office Phone: (541) 343-0322
  • Listing Agent: Scott King

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, 5:20:37 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$2,588$140,370
2019$2,477$136,290
2018$2,401$132,330
2017$2,380$128,480

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-4877408
4
/10

  • Newport Middle School

  • 322 NE Eads St

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-4877409
4
/10

  • Newport High School

  • 322 NE Eads St

  • 2.90 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 $60,734. The majority of Newport, OR residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 248 NW 56th St

What is the listing price of this property?

The listing price of 248 NW 56th St property is $300,000.

What type of property is this?

The property 248 NW 56th St is a house located in Newport, Oregon, 97365.

Is this property for sale now?

Active Listing: 248 NW 56th 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 248 NW 56th 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 $2,588 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 248 NW 56th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 248 NW 56th St is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 248 NW 56th St is 1960.

Rocket Homes›Oregon›Lincoln County›Newport›97365›248 NW 56th St

This home is located at 248 NW 56th St in Newport, OR and zip code 97365 in the Agate Beach neighborhood. This 1,040 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $300,000.

While more than 0 listings in Newport, OR in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between March 2024 and April 2024, Newport, OR real estate market has seen decrease in the number of listings 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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