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1117 Southwest Mark Street

1117 Southwest Mark Street, Newport, OR 97365
Property in Lincoln
Sold Jan 03, 2018
$260,000
$208,000 by Bank Of The West
Mortgage Due Feb 01, 2048
1117 Southwest Mark Street has been categorized by the local assessors in Newport, OR as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1117 Southwest Mark Street has 1,186 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,792 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of decorative/custom materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1117 Southwest Mark Street sold most recently in Jan 2, 2018 for a total of $260,000. If you work out the math, that's approximately a cost of $219.22 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,107 in taxes each year. 1117 Southwest Mark Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $171,490. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,186
  • Gross Building Area: 1,266
  • Building Area: 1,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,186
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYLEY AND CASES THIRD ADDN.
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYLEY AND CASES THIRD ADDN., BLOCK 98, LOT 8, DOC201800094

Ownership

  • Current Owner : DESSERT SUZANNE M
  • Previous Owner : BLOCK MARK
  • Previous Owner 2: BLOCK JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 951000

Zoning

  • Zoning: R-2

Geography

  • Account Number: R127729
  • Section: 08
  • Parcel: R127729
  • Block: 98
  • Lot: 8
  • Meridian: SEC 08 TWN 11S RNG 11W
  • Latitude: 44.6265
  • Longitude: -124.064

    Address

  • Full Address: 1117 Sw Mark St
  • Address - House Number: 1117
  • Street Direction: SW
  • Address - Street Name: Mark
  • Address - Suffix Type: St
  • State: OR
  • City Name: Newport
  • Carrier Code: C002
  • 4-Digit Zip Code: 5130
  • Zip Code: 97365

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,107
  • Tax Rate Code Area: 104

    Appraisal Valuation

  • Standard Deviation: 0.2365
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 422,891
  • High Value: 522,933
  • Low Value: 322,850

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Jan 03, 2018
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Market Valuation

  • Market Total Value: $333,210
  • Market Land Value: $155,520
  • Market Improvement Value: $177,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $171,490

    Sales

  • Current Sale Contract Date: Jan 02, 2018
  • Current Sale Recording Date: Jan 03, 2018
  • Current Sale Transaction ID: 11383805247
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-00094

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Jan 03, 2018
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

About Newport



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Frequently Asked Questions

What neighborhood is 1117 Southwest Mark Street located in?
The 1117 Southwest Mark Street is a located in the neighborhood of Lincoln in Newport, Newport.
What is the average sales price for listings in 1117 Southwest Mark Street?
The average sales price for units in 1117 Southwest Mark Street is $0 currently.

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