**Statical purposed only** 3 spacious bedrooms adorned with wall-to-wall carpet, you'll find a cozy haven to unwind after a day in the sun. The large living room, complete with a gas fireplace, large newer windows and new laminate hardwood floors, invites relaxation and gatherings with friends and family. The open dining area seamlessly connects to the living room and kitchen, enhancing the flow of the home and making entertaining a breeze.
Closed
$500,000
551 SW 3rd St, Newport, OR 97365
3beds
2baths
1,226sqft
Single Family Residence
Built in 1962
7,840.8 Square Feet Lot
$507,500 Zestimate®
$408/sqft
$2,390 Estimated rent
Home value
$507,500
$426,000 - $604,000
$2,390/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 23, 2025 at 07:15am
Listed by:
Out of Area,
OUT OF AREA
Bought with:
Michele M Hallmark, 201235221
Coldwell Banker Professional Group - Newport
Source: OCMLS,MLS#: 24-2599
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Ductless Heat Pump
Appliances
- Included: Water Heater
Features
- Flooring: Vinyl, Carpet
- Windows: Window Coverings
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,226
- Total interior livable area: 1,226 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Has view: Yes
- View description: None
- Frontage type: None
Lot
- Size: 7,840 sqft
Details
- Parcel number: 111108BC70100
- Zoning description: R-3 Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Newport
- Subdivision: Bayley and Case's
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2024 | Sold | $500,000-4.8%$408/sqft |
Source:  OCMLS #24-2599 | ||
| 10/31/2024 | Pending sale | $525,000$428/sqft |
Source:  RMLS (OR) #24428452 | ||
| 10/3/2024 | Listed for sale | $525,000+288.9%$428/sqft |
Source: RMLS (OR) #24428452 | ||
| 2/8/1999 | Sold | $135,000$110/sqft |
Source:  OCMLS #98-11346 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,136 +2.4% | $236,320 +3% |
| 2023 | $4,039 +3.2% | $229,440 +3% |
| 2022 | $3,915 -1.3% | $222,760 +3% |
Find assessor info on the county website
Neighborhood: 97365
Nearby schools
GreatSchools rating
- NASam Case Elementary SchoolGrades: K-2Distance: 1 mi
- 2/10Newport Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 0.9 mi
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