$480,000
SOLD MAY 21, 2025

1240 5th Street Loop W Tillamook, OR 97141

0.42 Acre
$1,142,857 Price per Acre
18,295 Sq Ft Lot

Recently Sold

$873 Per Sq Ft

Highlights

  • Property near a bay
  • No HOA
  • Property is near creek
  • Waterfront

About This Lot

As of May 2025

CENTRAL NETARTS OPPORTUNITY: creekfront .42 acres zoned commercial & enjoying view of the ocean from South end. Mostly flat except the creek bank. Multiple lots included. 8 cottages in varying states of disrepair. Tear down & build new or fix them up to rent. Just 100 yds from the beach. Vacant. Most are not in condition to occupy but possibly 4 could be made tenable with minor work. Also this property consists of 5 ''lots of record'' so it is possible to divide it up and sell individual parcels. IMPORTANT: Sale Pending, seeking back-up offers.

Last Agent to Sell the Property

Pam Zielinski

Berkshire Hathaway HomeServices NW - Netarts License #780502105 Listed on: 05/17/2025

Berkshire Hathaway HomeServices NW - Netarts

Last Buyer's Agent

Shae Lambert

CENTURY 21 Shorepine Properties License #201112085

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,577

Lot Details

  • 0.42 Acre Lot
  • Waterfront
  • Property is zoned C-1 Commercial

Utilities

  • Natural Gas Not Available
  • Private Sewer

Additional Features

  • Water Views
  • Property is near creek

Listing and Financial Details

  • Legal Lot and Block 1-4 plus1more / 1
  • Assessor Parcel Number 1S1031DD-6200

Community Details

Overview

  • No Home Owners Association
  • Out Of Area Subdivision

Recreation

  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$5,577

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295.2
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Out of Area
  • Directions: Hwy 131 to downtown Netarts, W on Crab, L on 5th St Loop to property across from Fire Station
  • Road Surface Type: Gravel, Paved
  • Special Features: None

Exterior Features

  • Lot Features: Level, Steep Slope
  • Waterfront: Yes

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Connected
  • Water Source: Public
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels Description: This is tax lot consists of 5 'Lots of Record' so should be dividable into 5 individual lots. Zoned Commercial and fronts on 2 streets.
  • Parcel #: 1S1031DD-6200
  • Zoning: C-1 Commercial

Tax Info

  • Tax Annual Amount: 5576.88
  • Tax Lot: 6200
  • Tax Map Number: 1S1031DD
  • Tax Year: 2024
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Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2025 05/21/25 Sold $480,000 0.0% $873 / Sq Ft
05/17/2025 05/17/25 For Sale $480,000 -- $873 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $2,014 $152,040 $119,560 $32,480
2024 $5,577 $147,620 $116,090 $31,530
2023 $7,724 $143,330 $112,720 $30,610
2022 $7,083 $139,160 $109,440 $29,720
2021 $7,042 $135,110 $106,260 $28,850
2020 $7,003 $131,180 $103,170 $28,010
2019 $6,040 $127,360 $100,170 $27,190
2018 $6,007 $123,660 $97,260 $26,400
2017 $5,999 $120,060 $94,430 $25,630
2016 $1,638 $116,570 $91,690 $24,880
2015 $5,925 $113,180 $89,020 $24,160
2014 $5,893 $109,890 $86,430 $23,460
2013 -- $106,690 $83,910 $22,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-103906

Oregon Coast Multiple Listing Service