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1040 7th Dr

Newport, OR 97365

3 bd 3 ba 2,924 sqft Built 1997 Lot 12,197 sqft single_family
Most recent sale
$902,500
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 18, 2024 Sold $900,000 OCMLS
Jun 2, 2022 Sold $902,500 Public Record
May 27, 2022 Sold $902,500 Public Record
Apr 26, 2022 Listed $879,000 MLS #22-775
Jul 28, 2015 Sold $440,000 Public Record
Mar 24, 2015 Listed $459,000 MLS #15-783
Jul 5, 2009 Listing removed $429,000 OCMLS
Jul 1, 2009 Sold $400,000 MLS #9026381
May 6, 2009 Listed $429,000 MLS #09-967
Apr 4, 2009 Listed $429,000 MLS #9026381
Oct 13, 2004 Sold $394,000 Public Record
Nov 7, 2003 Sold $349,500 Public Record
Apr 20, 1995 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $427,900 $7,846
2020 $415,440 $7,660
2019 $403,340 $7,332
2018 $391,600 $7,107
2017 $380,200 $7,043
2016 $369,130 $6,894
2015 $358,380 $6,391
2014 $347,950 $6,248
2013 $337,820 $5,925
2012 $327,990 $5,687
2011 $318,440 $5,513
2010 $309,170 $5,372
2009 $300,170 $5,208
2008 $300,170 $5,121

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,924 sqft
Lot size
12,197 sqft
ZIP code
97365
City
Newport
Street
7th Dr
Coordinates
44.64069, -124.03660

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,848
Gross rental yield
7.78%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 1040 7th Dr last sell?
1040 7th Dr most recently sold on Jun 2, 2022 for $902,500.
What is the current tax assessment for 1040 7th Dr?
The most recent total assessment for 1040 7th Dr (year 2021) is $427,900 with $7,846 in property tax.
How does 1040 7th Dr's assessment compare to its last sale price?
The current assessment is 52.6% below the last sale price of $902,500.
When was 1040 7th Dr built?
1040 7th Dr was built in 1997.
How does 1040 7th Dr compare to others on 7th Dr?
We track 8 other properties on 7th Dr. Browse the list under "Other properties on 7th Dr" to compare beds, baths, and sale history.
What are the property facts for 1040 7th Dr?
1040 7th Dr is a 3 bed, 3 bath, 2,924 sqft, 12,197 sqft lot single_family.
Is 1040 7th Dr a flip candidate?
No — 1040 7th Dr does not appear in our flips dataset.
Is 1040 7th Dr a tax-appeal candidate?
No — 1040 7th Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$308.8K
2026 Q4
$303.3K
ZIP 97365 — Median Price History + Forecast

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