15 days on rocket

1040 NW Hurbert St, Newport, OR, 97365

$515,000

Home List Price

$6,116*

Closing Credit

2 Bedrooms
2 Full Baths
1,500 SqFt
$343/SqFt
House
Schools Nearby

Location

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1040 NW Hurbert St, Newport$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway
Attached Garage2 spaces
Year Built1957
HeatingWood Stove, Zoned
FireplaceStove, Wood Burning
ViewOcean
MLS #24400560
Lot Size0.15 Acres
StatusActive

About 1040 NW Hurbert St

Presenting a must-see, fantastic opportunity for the right buyer! Originally constructed as a one-story ranch-style home in 1957, the owner then added an engineered and permitted steel beam structure up to the third story height, upon which a 30 x 30 home was built. Situated just two blocks from the ocean and minutes away from essential amenities such as hospital, groceries, and fuel, this property in Newport, Oregon, offers unparalleled convenience. With a breathtaking, unobstructed ocean view, a spacious lot providing front and rear access, and a generously sized garage (15 feet tall, 20 feet wide, and 30 feet deep), suitable for a motorhome, boat, workshop, and more, this home provides endless possibilities. Additionally, downstairs features a completely separate one-bedroom rental apartment, ensuring a steady stream of income. This home is waiting to be finished and transformed into someone's dream ocean view residence. Don't miss out,schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1957
  • Stories: 2
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Coldwell Banker Professional
  • Office Phone: (503) 538-0468
  • Listing Agent: Hannah Katz

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring Type: Tile, Wood
  • Interior: Vaulted Ceiling(s)
  • Fireplace: Stove, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Ocean
  • Exterior: Deck

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wood Stove, Zoned

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, w on 10th to herbert

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $343/SqFt

Tax Information:

  • Annual Amount: $3,215
  • 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

1040 NW Hurbert St vs Newport

15 DAYS ON ROCKET

-39 Days

$515,000

+$70K More

$343/SqFt

+$11 More

KEY TAKEAWAY

This property is $70K more than the Median Sold Price and $11/SqFt more 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: #24400560

Listing Office:

  • Office Name: Coldwell Banker Professional
  • Office Phone: (503) 538-0468
  • Listing Agent: Hannah Katz

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: 5/20/2024, 11:20:37 AM 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$3,215$174,380
2019$3,077$169,310
2018$3,549$195,570
2017$2,957$159,600

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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-4224272
5
/10

  • Newport Middle School

  • 322 NE Eads St

  • 0.70 miles

  • Public District Grades 6-8

High School

school-card-donut-4224273
2
/10

  • Newport High School

  • 322 NE Eads St

  • 0.70 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 $93,269. The most common annual income of people living in Newport, OR is between $100k-200k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 NW Hurbert St

What is the listing price of this property?

The listing price of 1040 NW Hurbert St property is $515,000.

What type of property is this?

The property 1040 NW Hurbert St is a house located in Newport, Oregon, 97365.

Is this property for sale now?

Active Listing: 1040 NW Hurbert 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 1040 NW Hurbert St are:
Newport Middle School: GreatSchools Rating 5/10
Newport High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,215 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1040 NW Hurbert St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1040 NW Hurbert St is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 NW Hurbert St is 1957.

Rocket Homes›Oregon›Lincoln County›Newport›97365›1040 NW Hurbert St

This home is located at 1040 NW Hurbert St in Newport, OR and zip code 97365 in the Nye Beach neighborhood. This 1,500 square foot home, which was built in 1957, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $515,000.

In April 2024, from all listings sold in Newport, OR there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Newport, OR decreased by 9.1% between March 2024 and April 2024. While the average time on the market in April 2024 was 54 days, the median list price was $445,000.

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

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