Commercial > Office
Sold
02/27/2023
Sold Price
$2,350,000$190/ft²
506 Coast Hwy
Newport, OR 97365
- -Bed
- -Bath
- 12,372ft²Living Area
- 1.2acLot Size
- -Pool
- -Car
- 1976Year Built
- -DOM
- 13Permits
506 Coast Hwy, Newport, OR 97365 is a 12,372 ft² commercial office property property built in 1976 on a 1.200 acre lot with 13 construction permits. This commercial office property is currently off market, and it was last sold in 2023 for $2,350,000.
Permits
506 Coast Hwy has 13 permit records of total value of $288,643.
Permit History
13
Permits
$288,643
Total Permit Value
February 2, 2023
Project Name: 1st Security BankDescription: Install (3) illuminated walls signs a b & c "1st security bank"; install (3) illuminated walls signs a b & c "1st security bank"Status: issuedType: Commercial signBusiness Name: Phillip J Steiger; Ramsay Signs INCApplicant: West Coast BankFees: $429Effective Date: 2023-02-02Permit Number: 625-23-000040-SIGN
January 13, 2023
Project Name: 1st Security BankDescription: Oregon coast hwy 101 & sw alder st; install (3) circuits for (3) illuminated walls signs a b & c "1st security bank"Job Value: $450Status: issuedType: Commercial electricalSub Type: AlterationBusiness Name: Phillip J Steiger; Ramsay Signs INCApplicant: West Coast BankFees: $202Effective Date: 2023-01-13Permit Number: 625-23-000039-ELEC
December 14, 2020
Project Name: Columbia BankDescription: Sw coast hwy & sw alder st; old sign was damaged in the wind. Install new sign cabinet on existing structure. Like for likeJob Value: $3,000Status: issuedType: Commercial signBusiness Name: Salem Sign Company INCApplicant: Hoeft Donald L by Pass Trust & Hoeft Luella TrusteeFees: $132Effective Date: 2020-12-14Permit Number: 625-20-000677-SIGN
December 11, 2020
Project Name: Columbia BankDescription: Sw coast hwy & sw alder st; old cabinet was wind damaged. Install new sign cabinet on existing structure. Like for likeJob Value: $3,000Status: issuedType: Commercial electricalSub Type: ReplacementBusiness Name: Brad Spady; Salem Sign CO INC; Salem Sign Company INCApplicant: West Coast Bank; Hoeft Donald L by Pass Trust & Hoeft Luella TrusteeFees: $67Effective Date: 2020-12-11Permit Number: 625-20-000678-ELEC
October 17, 2018
Project Name: Prj-431158Description: South of sw alder st; video security upgradeJob Value: $22,193Status: finalType: Commercial electricalSub Type: AlterationBusiness Name: Christopher R Rodea; Cook Security Group INC; Glen J Valiquette; Jacob L Kuamoo; JEB R AlbinApplicant: West Coast BankFees: $56Effective Date: 2018-10-17Permit Number: 625-18-000680-ELEC
October 23, 2015
Description: Install nonbearing partitions for 3 offices within existing bank building - ivr number = 625100001396 ~ ivr phone = 1-888-299-2821Job Value: $25,000Status: issuedType: Commercial structuralBusiness Name: S&J ConstructionApplicant: Columbia BankEffective Date: 2015-10-23Permit Number: 625-13711
September 5, 2014
Description: Branch circuits - ivr number = 625100000803 ~ ivr phone = 1-888-299-2821Status: finalType: Commercial electricalBusiness Name: Doug's ElectricApplicant: Columbia BankEffective Date: 2014-09-05Permit Number: 625-E14-8606
July 21, 2014
Description: Re-roof commercial (bank) - ivr number = 625100000742 ~ ivr phone = 1-888-299-2821Job Value: $235,000Status: finalType: Commercial structuralBusiness Name: Cross Brothers INCApplicant: Columbia State BankEffective Date: 2014-07-21Permit Number: 625-13397
July 24, 2013
Description: Replace wall & freestanding directional signs - ivr number = 625100000236 ~ ivr phone = 1-888-299-2821Status: finalType: Commercial signBusiness Name: Meyer Sign COApplicant: Columbia BankEffective Date: 2013-07-24Permit Number: 625-13240
July 18, 2013
Description: Signs - ivr number = 625100000227 ~ ivr phone = 1-888-299-2821Status: finalType: Commercial electricalBusiness Name: Meyer Sign COApplicant: Columbia BankEffective Date: 2013-07-18Permit Number: 625-E13-8270
May 31, 2013
Description: Low voltage - ivr number = 625100000180 ~ ivr phone = 1-888-299-2821Status: finalType: Commercial electricalBusiness Name: Cook Security GroupApplicant: Columbia BankEffective Date: 2013-05-31Permit Number: 625-E13-8233
March 15, 2010
Project Name: MechanicalDescription: Push/pull air conditioner - ivr number = 519100063970 ~ ivr phone = 1-888-299-2821Status: issuedType: Residential mechanicalBusiness Name: Coastal RefrigerationApplicant: West Coast BankFees: $29Effective Date: 2010-03-15Permit Number: 519-2010-72965-MECH
August 22, 2005
Project Name: MechanicalDescription: 20 hp air conditionerStatus: completeType: Residential mechanicalEffective Date: 2005-08-22Permit Number: 519-2005-47455-MECH
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$47,040.45From latest Total Assessed Value1.81%Total Assessed Value$2,592,060=Land+
Assessed Value$0Additions
Assessed Value$0
In 2023, taxes billed for 506 Coast Hwy were $47,040.45, which is 1.81% from latest Total Assessed Value of $2,592,060.
Property History
506 Coast Hwy has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 506 Coast Hwy
Hazard Risks
Earthquake328Lead147Carb Mono139Air Pollution110Ozone107Nat'l Avg100Particulates89Tornado3Weather1Hail0Hurricane0Wind0
9 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 506 Coast Hwy.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
506 Coast Hwy has a walkability score of 19 out of 20, which means that it is in a most walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
36°F
High
50°F
Summer
Average
Low
49°F
High
66°F
In the winter at 506 Coast Hwy, temperatures range from 36.2°F to 49.78°F with an average of 42.99°F. In the summer, the temperature ranges from 49.39°F to 66.11°F with and average of 57.75°F.
School Information
Public/private schools serving 506 Coast Hwy
Public Schools
Yaquina View Elementary School
Grades: KG-2
0.85 mi
Sam Case Elementary School
Grades: 3-5
1.09 mi
C-
Newport Middle School
Grades: 6-8
1.06 mi
C-
Newport High School
Grades: 9-12
0.77 mi
C-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 506 Coast Hwy have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Deco District, Newport, OR 97365.
Seasonal Housing units 97365
72%of housing is for seasonal rent.
Daytime Population for 97365
-21%of people during work hours.
Boundary map of Deco District.
Crime Index for 97365
105
105
The crime index in 97365 is 105, which is 1.1 times higher than national average.
Market Trends
Historical market data near 506 Coast Hwy over selected time period.
Nearby Properties on Coast Hwy
- 324 N Coast Hwy # 3, Newport, OR 97365 is a 620 square foot and 0.02 acre property.
- 10562 S Coast Hwy, Newport, OR 97366 (South Beach) is a 0.63 acre property.
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- 248 Sw Coast Hwy, Newport, OR 97365 (Deco District) is a 12,563 square foot and 0.62 acre property.
- 333 Sw Coast Hwy, Newport, OR 97365 (Deco District) is a 0.11 acre property.
- 306 N Coast Hwy, Newport, OR 97365 is a 12,353 square foot and 0.8 acre property.
- 8765 N Coast Hwy, Newport, OR 97365 is a 0.91 acre property.
- 8143 N Coast Hwy, Newport, OR 97365 is a 0.11 acre property.
- 1517 N Coast Hwy, Newport, OR 97365 is a 3,096 square foot and 0.65 acre property.
- 4863 N Coast Hwy, Newport, OR 97365 (Agate Beach) is a 1,933 square foot, 3 bedroom, 0.4 acre property. It was built in 1983 and has an estimate of $343,671 with a price per ft² of $178.
- 4826 N Coast Hwy, Newport, OR 97365 (Agate Beach) is a 0.32 acre property.
- 404 Sw Coast Hwy, Newport, OR 97365 (Deco District) is a 0.15 acre property.
- 232 Sw Coast Hwy, Newport, OR 97365 (Deco District) is a 6,209 square foot and 0.2 acre property.
- 209 Sw Coast Hwy, Newport, OR 97365 (Deco District) is a 5,000 square foot and 0.11 acre property.
- 914 Sw Coast Hwy, Newport, OR 97365 is a 4,858 square foot and 0.07 acre property.
- 231 N Coast Hwy, Newport, OR 97365 is a 5,376 square foot and 0.3 acre property.
- 229 N Coast Hwy, Newport, OR 97365 is a 0.2 acre property.
- 145 N Coast Hwy, Newport, OR 97365 is a 11,883 square foot and 0.25 acre property.
- 721 N Coast Hwy, Newport, OR 97365 is a 24,030 square foot and 1.98 acre property.
- 1130 N Coast Hwy, Newport, OR 97365 is a 2,250 square foot and 0.21 acre property.
- 1030 N Coast Hwy, Newport, OR 97365 is a 8,832 square foot and 1.64 acre property.
- 1300 N Coast Hwy, Newport, OR 97365 is a 3,707 square foot and 0.99 acre property.
- 1422 N Coast Hwy, Newport, OR 97365 is a 17,079 square foot and 3.91 acre property.
- 1051 N Coast Hwy, Newport, OR 97365 is a 240 square foot and 0.15 acre property.
- 432 N Coast Hwy, Newport, OR 97365 is a 1,763 square foot and 0.19 acre property.
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