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0 Siletz Hwy, Newport
$475,000
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- Lot size
- 27.79 acres
- Property type
- Land
- Days on market
- 1,233
Overview
This small pocket of prime timber growing country is an excellent opportunity to get into the game! Your investment will continue to grow, and with that, add value. Rare water rights from Depot Creek also benefit this property! Potential return on investment is not far off with this parcel, being predominantly 31 year old Doug Fir. Sitting on 133 site index ground with a road grade in place to access portions of the property, this one has potential! Buyer to do due diligence on all aspects of property. Lincoln County TC Zoning has potential pathways to buildability (property to qualify).
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 27.79 acres
- Lot features
- Merchantable Timber, Reproduced Timber, Trees
- View
- Yes
- View description
- Trees / Woods
Schools
- High school
- Toledo
- Middle school
- Toledo
- Elementary school
- Toledo
Location
- City
- Newport
- County
- Lincoln
- Zoning
- TC
Taxes and dues
- Annual taxes
- $221 (2022)
Location
0 Siletz Hwy, Newport, OR 97365
Monthly payment estimate
$2,547 /mo
- Principal and interest
- $2,528
- Property tax (2022)
- $18
- Total
- $2,547
Estimate only, and not an offer of credit. Assumes 20% down ($95,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
