$435,000
SOLD MAR 24, 2025

2045 Netarts Bay Rd Tillamook, OR 97141

4 Beds
3 Baths
3,087 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

13% Below List Price

206 Days on Market

About This Home

As of March 2025

INVESTMENT OPPORTUNITY AT THE BEACH! Spectacular, up-close views of the bay and Cape Lookout. Just one block to sandy beach. Currently operated as a multi family property (duplex) and consists of a 3BD/2BA home and an attached 1BD/1BA apartment w/ separate entrance and deck. Flexible zoning allows for a variety of uses. Essentially bayfront as nobody can build between you and the water. 35' height limit. Property has been held in one family for decades. Opportunities like this don't come along everyday. A savvy investment all the way around!!

Last Agent to Sell the Property

Dustin Trost

Rob Trost Real Estate, LLC License #200602344 Listed on: 07/14/2024

Last Buyer's Agent

Dustin Trost

Rob Trost Real Estate, LLC License #200602344 Listed on: 07/14/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Mar 13, 2025
Sold by
Cham Michael A and Cham Denise
Bought by
Mendoza Ian G
Seller's Agent
Dustin Trost
Rob Trost Real Estate, LLC
Buyer's Agent
Dustin Trost
Rob Trost Real Estate, LLC
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Total Days on Market
206
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.15%
Original Mortgage
$413,250
Outstanding Balance
$412,904
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$97,367

Purchase Details

Closed on
Sep 28, 2012
Sold by
Cham Michael A
Bought by
Cham Michael A and Cham Denise
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 Type Sale Price Title Company
Warranty Deed $435,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $413,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $435,000 -6.5% $141 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $465,000 -6.8% $151 / Sq Ft
12/09/2024 12/09/24 For Sale $499,000 0.0% $162 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $499,000 -9.3% $162 / Sq Ft
08/04/2024 08/04/24 Price Changed $550,000 -6.0% $178 / Sq Ft
07/14/2024 07/14/24 For Sale $585,000 -- $190 / Sq Ft
Source: Tillamook Board of REALTORS®

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 $4,681 $370,530 $206,910 $163,620
2023 $4,663 $359,740 $200,890 $158,850
2022 $4,533 $349,270 $195,040 $154,230
2021 $4,430 $339,100 $189,350 $149,750
2020 $4,328 $329,230 $183,830 $145,400
2019 $4,245 $319,650 $178,470 $141,180
2018 $4,114 $310,340 $173,270 $137,070
2017 $3,925 $301,200 $138,530 $162,670
2016 $3,809 $293,040 $135,900 $157,140
2015 $3,655 $277,010 $137,130 $139,880
2014 $3,566 $265,490 $140,590 $124,900
2013 -- $269,340 $143,160 $126,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tillamook Board of REALTORS®

MLS Number: 24-429

Tillamook Board of REALTORS®

APN: R0180459