NOT LISTED FOR SALE

1590 Cape Meares Loop Tillamook, OR 97141

Estimated Value: $728,000 - $889,000

5 Beds
3 Baths
1,748 Sq Ft
$461/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $810,000 $463 Per Sq Ft

Current estimated payment $4,704/month

Highlights

  • Vaulted Ceiling
  • Garage
  • Heating Available
  • Tile Flooring

About This Home

As of April 2024

Savvy investment opportunity at the beach! Lovingly restored triplex located on a large double lot nestled in old growth trees in the village of Oceanside. Adjacent lot also included in sale. Private ''out of the way'' location yet just a short stroll to beach, restaurants and downtown. Upper units each feature an open floor plan with 2BD/1BA, propane fireplace, laundry and large exterior deck with peeks of the ocean. Attached two-car garage and ample parking.

Last Agent to Sell the Property

Dustin Trost

Rob Trost Real Estate - Tillam License #200602344 Listed on: 04/05/2024

Last Buyer's Agent

Kristi Moore

Rob Trost Real Estate - Tillam License #201204980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1980

Lot Details

  • 0.53

Parking

  • Garage

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Vaulted Ceiling
  • 0.53 Acre Lot
  • Heating Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.53
  • Lot Size Sq Ft: 23086.8
  • Directions: Hwy 131 to Oceanside. Right on Cape Meares Loop. Home on left. See signs.
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer
  • Total Bedrooms: 5
  • Fireplace Features: Propane
  • Fireplaces: 2
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Vinyl Frames, Drapes

Exterior Features

  • Lot Features: Level, Gentle Sloping
  • Construction Type: Board & Batten Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Garage

Utilities

  • Laundry Features: Washer Hookup
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6331.29
  • Tax Map Number: 1S1030BB07800 & 7600
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 3, 2024
Sold by
Matthew & Mitzy King Trust and King Matthew
Bought by
Blue Mountain Ranchlands Llc
Seller's Agent
Dustin Trost
Rob Trost Real Estate - Tillam
Buyer's Agent
Kristi Moore
Rob Trost Real Estate - Tillam
Sold Price
$810,000
Views
5
Current Estimated Value
$806,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,717
Avg. Annual Appreciation
-0.27%

Purchase Details

Closed on
Oct 29, 2021
Sold by
Jenkins Leslie D
Bought by
King Matthew H

Purchase Details

Closed on
Sep 21, 2021
Sold by
King Matthew H
Bought by
King Mitzy and King Matthew

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 11, 2021
Sold by
Jenkins Leslie D
Bought by
King Matthew H
Seller's Agent
Macy Thompson
Rob Trost Real Estate - Tillam
Sold Price
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$479,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 25, 2021
Sold by
Jenkins Leslie D
Bought by
King Matthew H
Seller's Agent
Macy Thompson
Rob Trost Real Estate - Tillam
Sold Price
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Leidholdt Jacqueline R
Bought by
Jenkins Leslie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,220
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blue Mountain Ranchlands Llc $810,000 Ticor Title
King Matthew H $639,000 First American Title
King Mitzy -- None Available
King Matthew H $639,000 First American
King Matthew H $639,000 First American Title
Jenkins Leslie D $282,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Matthew H $479,250
Previous Owner King Matthew H $479,250
Previous Owner Jenkins Leslie D $226,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $810,000 +26.8% $463 / Sq Ft
03/12/2021 03/12/21 Sold $639,000 -- $366 / Sq Ft View Prior Sale
Source: Oregon Coast Multiple Listing Service

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 $5,607 $443,190 $214,410 $228,780
2023 $5,585 $430,290 $208,160 $222,130
2022 $5,429 $417,760 $202,090 $215,670
2021 $5,306 $405,600 $196,200 $209,400
2020 $5,191 $393,790 $190,480 $203,310
2019 $5,084 $382,330 $184,940 $197,390
2018 $4,985 $371,200 $179,550 $191,650
2017 $4,889 $360,390 $174,320 $186,070
2016 $4,736 $349,900 $169,240 $180,660
2015 $4,664 $339,710 $164,310 $175,400
2014 $4,606 $329,820 $159,520 $170,300
2013 -- $320,220 $154,870 $165,350
Source: Public Records

Agents Affiliated with this Home

  • Dustin Trost

    Seller's Agent in 2024

    Dustin Trost

    Rob Trost Real Estate - Tillam

    (503) 801-2326

    241 Total Sales

    Dustin Trost
    Section Image
  • Kristi Moore

    Buyer's Agent in 2024

    Kristi Moore

    Rob Trost Real Estate - Tillam

    (503) 801-4533

    132 Total Sales

    Kristi Moore
    Section Image
  • Macy Thompson

    Seller's Agent in 2021

    Macy Thompson

    Rob Trost Real Estate - Tillam

    (503) 812-7669

    95 Total Sales

    Macy Thompson
    Section Image
See All Agents

Map

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-21511

Oregon Coast Multiple Listing Service

APN: R0191866

Oregon Tillamook County Tillamook 97141

1590 Cape Meares Loop, Tillamook, OR

Not Listed for Sale

MultiFamily

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