NOT LISTED FOR SALE

102 U S 101 Rockaway Beach, OR 97136

Estimated Value: $740,056

3 Beds
3 Baths
4,536 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $702,500 $155 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,081/month

Highlights

  • Ocean View
  • Traditional Architecture
  • Bonus Room
  • Nehalem Elementary School Rated 10
  • Wood Flooring
  • No HOA

About This Home

As of September 2021

Large classic retail building in the heart of Rockaway Beach. Business & inventory included in the price. Bring your plans for a much needed local Sports Bar, Pizza Parlor, Wine Tasting Room, or keep the highly profitable ice cream/candy business to the delight of Rockaway Beach residents. Spacious upstairs living at 1680 sq.ft 3BR, 2BA with views of the Ocean. ROI in the neighborhood of 10+% Financials available upon request and with proof of qualified buyer. Store is situated directly across from City Wayside and Train Station. Tourist traffic is on a significant upswing along this Oregon coast area. Seller prefers showings on
Tuesday - Wednesday or with 24hr notice. Financials available upon request with proof of qualified buyers and signed Confidentiality Agreement.

Last Agent to Sell the Property

Nancy Moore

Barclay - Properties, LLC License #201211803 Listed on: 09/24/2021

Co-Listed By

Megan Despain

Keller Williams Sunset License #201226701

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25x152
  • Property fronts a highway
  • Property is zoned C-1 Commercial

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 4,536 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Bonus Room
  • Ocean Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Sea View Homesites Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 2N1032CC-8900-

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,194

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.09
  • Lot Size: 25x152
  • Lot Size Sq Ft: 3920.4
  • Road Surface Type: Paved
  • Inclusions: List provided
  • Subdivision Name: Sea View Homesites
  • Directions: 40 N of Tillamook to Rockaway Beach OR on HWY 101. Cross street Nehalem. Public parking across street.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1930
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 3920
  • General Property Description:_pound_ of Acres: 0.09
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 8900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 25x152
  • Location Tax and Other Information:Subdv ParcelLot: 00001
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Foundation:PillarPostPier: Yes
  • Miscellaneous Possession: 30 - 45+
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood

Exterior Features

  • View: Ocean
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition, Other

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes
  • HeatingCooling:Electric Baseboard: Yes
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 2N1032CC-8900-
  • Zoning: C-1 Commercial

Tax Info

  • Tax Annual Amount: 2193.85
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Sep 21, 2021
Sold by
Pieper Allen L and Pieper Allen L
Bought by
Rocksea Llc
Seller's Agent
Nancy Moore
Barclay - Properties, LLC
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$695,000
Sold Price
$702,500
Premium/Discount to List
$7,500
1.08%
Current Estimated Value
$740,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,556
Avg. Annual Appreciation
1.28%
Original Mortgage
$613,000
Outstanding Balance
$557,784
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$182,272

Purchase Details

Closed on
Apr 18, 2006
Sold by
Thornhill Carolyn J
Bought by
Pieper Allen L

Purchase Details

Closed on
Jan 28, 2005
Sold by
Forgie Hugh D and Guard Dee L
Bought by
Thornhill Gary O and Thornhill Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.53%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rocksea Llc $640,000 Ticor Title Company Of Or
Pieper Allen L $300,000 First American
Thornhill Gary O $260,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocksea Llc $613,000
Previous Owner Thornhill Gary O $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $702,500 +1.1% $155 / Sq Ft
09/24/2021 09/24/21 For Sale $695,000 -- $153 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,482 $255,440 $65,760 $189,680
2023 $2,472 $248,000 $63,840 $184,160
2022 $2,395 $240,780 $61,980 $178,800
2021 $2,321 $233,770 $60,170 $173,600
2020 $2,257 $226,970 $58,420 $168,550
2019 $2,194 $220,360 $56,720 $163,640
2018 $2,139 $213,950 $55,070 $158,880
2017 $2,079 $207,720 $53,470 $154,250
2016 $2,020 $201,670 $51,910 $149,760
2015 $1,986 $195,800 $50,400 $145,400
2014 $1,958 $190,100 $48,930 $141,170
2013 $1,926 $184,570 $47,500 $137,070
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Moore

    Barclay - Properties, LLC

  • Megan Despain

    Seller Co-Listing Agent in 2021

    Megan Despain

    Keller Williams Sunset

    (360) 917-6328

    119 Total Sales

    Megan Despain
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area

    OUT OF AREA

See All Agents

Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 20-2050

APN: R0048326

Oregon Tillamook County Rockaway Beach 97136

102 U S 101, Rockaway Beach, OR

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