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392 NW 3rd St Unit 2, Newport, OR, 97365

2beds
1baths
794sqft
$120,000
$151price/sqft
$890/moest. monthly cost
$35,600/yrincome needed

About This Home

Turnkey coastal living awaits in this fully remodeled 2BR/1BA home, situated in Newport's premier 55+ park. Completely updated inside and out! Key upgrades include a brand-new roof, new energy-efficient windows, fresh sheetrock, and new paint. The modern interior boasts beautiful new cork flooring, updated kitchen countertops, new cabinet doors, and brand-new window blinds. Featuring a newer, tastefully updated bathroom, this pristine home is being sold completely furnished for an effortless move-in. Located in a highly desirable neighborhood close to everything Newport has to offer. Buyers must qualify with the park management.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Sam Case ElementaryGrades 3-50.7 mi
3/10
Newport Middle SchoolGrades 6-80.8 mi
6/10
Newport High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Block,Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dryer,Electric Oven,Electric Range,Refrigerator,Washer,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 794

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 794
  • Total interior livable area: 794 sqft

Property

Details

  • Lease amount: 633
  • Zoning description: R-4 Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Fencing: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Earthquake
Ice Storm

FEMA Declared Disasters in Lincoln County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$33$396
Property Taxes $75$900
Electricity $176$2,119
Total$890$10,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$30,514/yr
40% on housing$26,700/yr
45% on housing$23,733/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 97365$151
Lincoln County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97365$342
Lincoln County$331

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-31Listed for sale$120,000
2018-08-30Listing removed$45,000
2018-08-01Listed for sale$45,000
2015-01-30Sold$8,000
2014-11-23Price change$9,900
2014-10-16Price change$12,500
2014-08-21Listed for sale$19,950
2013-06-17Sold$9,800
2013-06-04Price change$12,500
2013-01-05Listed for sale$15,000

For Sale by Agent

AgentMichael T Burkhard
BrokerageMartek Real Estate

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