35950 12th St Nehalem, OR 97131
3
Beds
2
Baths
1,558
Sq Ft
7,405
Sq Ft Lot
Highlights
- Second Kitchen
- Deck
- No HOA
- Nehalem Elementary School Rated 10
- Main Floor Primary Bedroom
- Cottage
About This Home
As of April 2025This is your opportunity to live in and produce income from this property! The main unit spans the main floor and upper level, offering 3 bedrooms, 1 bathroom, and its own laundry (lease in place). The lower unit is a separate studio with a private kitchen, bathroom, and laundry. Located near Nehalem's charming downtown and just minutes from coastal attractions, tenant vacating mid March. This property offers the potential for steady income in a desirable location. Nehalem and the surrounding area are seeing some amazing projects for its residences, most notably two giant projects underway the New Aquatic Center at NCRD, and the New Nehalem Bay Health Center. Don't miss this chance to own an investment property on the Oregon Coast!
Last Agent to Sell the Property
Keller Williams Sunset Corridor Brokerage Email: catherine@orcoastrealty.com License #201211298 Listed on: 12/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,379
Year Built
- Built in 1941
Lot Details
- 7,405 Sq Ft Lot
- Gentle Sloping Lot
- Property is zoned NH-RM
Home Design
- Cottage
- Composition Roof
- Wood Siding
- Cedar
Interior Spaces
- 1,558 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Second Kitchen
- Free-Standing Range
- Dishwasher
Flooring
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Accessible Home Design
- Accessible Full Bathroom
- Accessibility Features
Outdoor Features
- Deck
- Shed
Schools
- Nehalem Elementary School
- Neah-Kah-Nie Middle School
- Neah-Kah-Nie High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 14166
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2024
Closed on
Apr 23, 2025
Sold by
Walker Scott
Bought by
Walker Scott and Walker Lauri
Seller's Agent
Catherine Lewis
Keller Williams Sunset Corridor
Buyer's Agent
Matt Hui
John L. Scott
List Price
$448,000
Sold Price
$425,000
Premium/Discount to List
-$23,000
-5.13%
Views
111
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%
Original Mortgage
$425,000
Outstanding Balance
$425,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$9,597
Purchase Details
Listed on
Dec 23, 2024
Closed on
Apr 20, 2025
Sold by
Cerino Janine Sunshine
Bought by
Walker Scott
Seller's Agent
Catherine Lewis
Keller Williams Sunset Corridor
Buyer's Agent
Matt Hui
John L. Scott
List Price
$448,000
Sold Price
$425,000
Premium/Discount to List
-$23,000
-5.13%
Views
111
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$425,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$9,597
Purchase Details
Closed on
Jan 2, 2020
Sold by
Luth Peter H and Luth Sandra K
Bought by
Seadfer Janine Cerino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Fidelity National Title | |
| Warranty Deed | $425,000 | Fidelity National Title | |
| Warranty Deed | $225,000 | Ticor Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | New Conventional | |
| Previous Owner | $80,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $145,000 | New Conventional | |
| Previous Owner | $164,000 | New Conventional | |
| Previous Owner | $176,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $425,000 | -0.7% | $273 / Sq Ft |
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 03/15/2025 03/15/25 | Price Changed | $428,000 | -4.5% | $275 / Sq Ft |
| 12/23/2024 12/23/24 | For Sale | $448,000 | -- | $288 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $2,379 | $184,740 | $46,000 | $138,740 |
| 2023 | $2,354 | $179,360 | $44,660 | $134,700 |
| 2022 | $2,220 | $174,140 | $43,360 | $130,780 |
| 2021 | $2,154 | $169,070 | $42,100 | $126,970 |
| 2020 | $2,071 | $164,150 | $40,870 | $123,280 |
| 2019 | $2,012 | $159,370 | $39,680 | $119,690 |
| 2018 | $1,960 | $154,730 | $38,520 | $116,210 |
| 2017 | $1,904 | $150,230 | $37,400 | $112,830 |
| 2016 | $1,850 | $145,860 | $36,310 | $109,550 |
| 2015 | $1,815 | $141,620 | $35,250 | $106,370 |
| 2014 | $1,783 | $137,500 | $34,220 | $103,280 |
| 2013 | -- | $133,500 | $33,220 | $100,280 |
Source: Public Records
Agents Affiliated with this Home
-
Catherine Lewis
Seller's Agent in 2025
Catherine Lewis
Keller Williams Sunset Corridor
(503) 347-9690
142 Total Sales
-
Matt Hui
Buyer's Agent in 2025
Matt Hui
John L. Scott
(503) 805-8695
68 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24689079
APN: R0014166
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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