$480,000
SOLD MAY 21, 2025

1240 5th Street Loop W Tillamook, OR 97141

1 Bed
1 Bath
3,550 Sq Ft
0.42 Acres

Recently Sold

$135 Per Sq Ft

11 Days on Market

Highlights

  • Ocean View
  • Storage
  • High Speed Internet
  • Home fronts a creek
  • Baseboard Heating
  • Level Lot

About This Home

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. Priced for quick sale. Only 1 unit currently occupied and 1 unit in process of eviction. Most are not in condition to occupy but probably 4 could be made rentable with minor work. Also this property consists of 5 "lots of record" so it is possible to divide it up and sell individual parcels.

Last Agent to Sell the Property

Pam Zielinski

Berkshire Hathaway HomeServices NW Real Estate License #780502105 Listed on: 01/20/2025

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1930

Lot Details

  • 0.42 Acre Lot
  • Home fronts a creek
  • Level Lot

Property Views

  • Ocean
  • Bay
  • Creek or Stream

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,550 Sq Ft Home
  • 1-Story Property
  • Storage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 20 Parking Spaces
  • Open Parking

Schools

  • Liberty Elementary School
  • Tillamook Middle School
  • Tillamook High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 8 Units
  • Central Netarts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 184106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1930
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached
  • Total Bedrooms: 1
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Waterfront: Yes
  • Foundation Details: None, Slab
  • View: Yes
  • Lot Features: Level, OceanBeachOneQuarterMileOrLess, PublicRoad
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Hodgdon Creek
  • Waterfront Features: Creek
  • Roof: Shingle
  • View: Bay,CreekStream,Ocean

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Total Parking Spaces: 20.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Liberty
  • High School: Tillamook
  • Middle Or Junior School: Tillamook

Lot Info

  • Zoning: NT C1
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295.0
  • Parcel #: 184106

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5576.88

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 8

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2025 05/21/25 Sold $480,000 0.0% $135 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $480,000 -- $135 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 151254129

Regional Multiple Listing Service (RMLS)