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1125 Spring St

Newport, OR 97365

2 bd 2 ba 1,245 sqft Built 2007 condo
Most recent sale
$595,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $595,000 MLS #22572894
Apr 30, 2022 Listed $595,000 MLS #22572894
May 28, 2021 Sold $449,000 Public Record
May 10, 2021 Listed $449,000 MLS #21-1015
Apr 2, 2021 Listed for rent $2,095 RentecDirect
Jul 27, 2018 Sold $400,000 Public Record
May 24, 2018 Listed $415,000 MLS #18-1377
Sep 27, 2014 Listing removed $350,000 OCMLS
Sep 26, 2014 Sold $350,000 MLS #12186366
Oct 30, 2013 Price changed $350,000 MLS #12186366
Mar 1, 2012 Listed $375,000 MLS #12186366
Feb 15, 2012 Listed $375,000 MLS #12-294
Feb 4, 2012 Listing removed $469,000 Willamette
Nov 5, 2011 Listing removed $469,000 OCMLS
Sep 19, 2011 Relisted $469,000 MLS #581758
Sep 16, 2011 Listing removed $469,000 Willamette
Sep 9, 2011 Relisted $469,000 MLS #07-3741
May 18, 2010 Price changed $469,000 MLS #581758
May 14, 2010 Relisted $525,000 MLS #7109769
May 5, 2010 Relisted $525,000 MLS #581758
Feb 22, 2009 Listing removed $525,000 RMLS
Feb 21, 2009 Listing removed $525,000 OCMLS
Feb 13, 2009 Price changed $525,000 MLS #581758
Aug 19, 2008 Price changed $540,000 MLS #07-3741
Nov 2, 2007 Listed $525,000 MLS #07-3741
Nov 1, 2007 Listed $540,000 MLS #7109769
Jul 23, 2007 Listed $540,000 MLS #581758

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $381,490 $6,995
2020 $370,380 $6,829
2019 $359,600 $6,537
2018 $349,130 $6,336
2017 $338,970 $6,280
2016 $329,100 $6,146
2015 $319,520 $5,698
2014 $310,220 $5,570
2013 $301,190 $5,282
2012 $292,420 $5,070
2011 $283,910 $4,915
2010 $275,650 $4,789
2009 $267,630 $4,643
2008 $267,630 $4,566

Property facts

Year built
2007
Property type
condo
Stories
Beds
2
Baths
2
Living area
1,245 sqft
Lot size
ZIP code
97365
City
Newport
Street
Spring St
Coordinates
44.64515, -124.05999

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
$2,490
Gross rental yield
5.02%
Implied cap rate
3.26%
Trend-extrapolated value

Frequently asked questions

When did 1125 Spring St last sell?
1125 Spring St most recently sold on May 31, 2022 for $595,000.
What is the current tax assessment for 1125 Spring St?
The most recent total assessment for 1125 Spring St (year 2021) is $381,490 with $6,995 in property tax.
How does 1125 Spring St's assessment compare to its last sale price?
The current assessment is 35.9% below the last sale price of $595,000.
When was 1125 Spring St built?
1125 Spring St was built in 2007.
How does 1125 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 1125 Spring St?
1125 Spring St is a 2 bed, 2 bath, 1,245 sqft condo.
Is 1125 Spring St a flip candidate?
Yes — 1125 Spring St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1125 Spring St a tax-appeal candidate?
No — 1125 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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