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1120 Spring St

Newport, OR 97365

2 bd 2 ba 1,243 sqft Built 2007 condos
Most recent sale
$460,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2025 Sold $425,000 OCMLS
Oct 21, 2024 Price changed $495,000 OCMLS
Oct 10, 2024 Price changed $499,000 OCMLS
Sep 27, 2024 Listed $511,000 OCMLS
Sep 8, 2022 Sold $460,000 Public Record
Jun 9, 2022 Price changed $450,000 MLS #22-979
May 19, 2022 Listed $460,000 MLS #22-979
Jul 15, 2020 Sold $277,000 Public Record
Apr 15, 2020 Price changed $284,000 MLS #19-2221
Dec 19, 2019 Price changed $279,000 MLS #19-2221
Oct 9, 2019 Price changed $280,000 MLS #19-2221
Aug 23, 2019 Listed $290,000 MLS #19-2221
Feb 17, 2011 Listing removed $235,000 OCMLS
Feb 16, 2011 Sold $230,000 Public Record
Aug 31, 2010 Listed $235,000 MLS #10-2531
Dec 31, 2007 Sold $310,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $166,240 $3,048
2020 $161,400 $2,976
2019 $156,700 $2,848
2018 $152,140 $2,761
2017 $147,710 $2,736
2016 $143,410 $2,678
2015 $139,240 $2,483
2014 $135,190 $2,427
2013 $131,260 $2,302
2012 $127,440 $2,210
2011 $123,730 $2,142
2010 $120,130 $2,087
2009 $116,640 $2,024
2008 $116,640 $1,990

Property facts

Year built
2007
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,243 sqft
Lot size
ZIP code
97365
City
Newport
Street
Spring St
Coordinates
44.64500, -124.05912

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,486
Gross rental yield
6.49%
Implied cap rate
4.22%
Trend-extrapolated value

Frequently asked questions

When did 1120 Spring St last sell?
1120 Spring St most recently sold on Sep 8, 2022 for $460,000.
What is the current tax assessment for 1120 Spring St?
The most recent total assessment for 1120 Spring St (year 2021) is $166,240 with $3,048 in property tax.
How does 1120 Spring St's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $460,000.
When was 1120 Spring St built?
1120 Spring St was built in 2007.
How does 1120 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 1120 Spring St?
1120 Spring St is a 2 bed, 2 bath, 1,243 sqft condos.
Is 1120 Spring St a flip candidate?
No — 1120 Spring St does not appear in our flips dataset.
Is 1120 Spring St a tax-appeal candidate?
No — 1120 Spring St 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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