NOT LISTED FOR SALE

3608 Walnut Ln Tillamook, OR 97141

Estimated Value: $411,351 - $482,000

2 Beds
1 Bath
1,683 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $230,000 $137 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,581/month

120 Days on Market

Highlights

  • Attached Garage
  • Storage
  • Level Lot

About This Home

As of September 2017

GREAT INVESTMENT! Duplex with great rental history, in a market where rentals are at a premium! Front unit(B) has just had new flooring installed from the underlayment up, with carpet and vinyl flooring. New base trim, blinds and paint throughout. Back unit(A) is slightly larger, with new kitchen flooring and dishwasher. Exterior has new gutters, downspouts, paint & a 40yr roof installed in 2001. Both units plumbed for propane fireplace. Close to schools and lots of parking for each unit. Back yard is mostly fenced and both units have covered outside patios.

Last Agent to Sell the Property

Steph Poppe

Rob Trost Real Estate LLC License #201106063 Listed on: 02/16/2017

Last Buyer's Agent

Steph Poppe

Rob Trost Real Estate LLC License #201106063 Listed on: 02/16/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,841

Home Design

  • Block Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • Window Treatments
  • Storage
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Carport

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HATHAWAY MEAD ACRES LOT 4 BLOCK 2
  • Basement: Crawl Space
  • Storage: Attached, Locked

Exterior Features

  • Exterior Description: T-111 Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Description: Attached, Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Window Coverings

Lot Info

  • Lot Description: Level
  • Zoning: TM-R-7
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2105.85
  • Assessor Parcel Number: 293275

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Martin Norman H
Bought by
Gnm Investments Llc
Current Estimated Value
$448,338

Purchase Details

Closed on
Dec 15, 2017
Sold by
Martin Norman H and Martin Gwendolyn M
Bought by
Norman H Martin Revocable Living Trust and Gwendolyn M Martin Revocable Living Trust

Purchase Details

Closed on
Dec 8, 2017
Sold by
Martin Gwendolyn M
Bought by
Martin Norman H and The Norman H Martin Revocable Living Tru

Purchase Details

Listed on
Feb 16, 2017
Closed on
Sep 14, 2017
Sold by
Werner Janell Roselee and Wall Robin C
Bought by
Martin Norman H and Martin Gwendolyn M
Seller's Agent
Steph Poppe
Rob Trost Real Estate LLC
Buyer's Agent
Steph Poppe
Rob Trost Real Estate LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$172,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2010
Sold by
Wall Julie Anne Maurine
Bought by
Wall Timothy Lee and Werner Janell Roselee
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
Gnm Investments Llc -- None Available
Gnm Investments Llc -- None Available
Norman H Martin Revocable Living Trust -- None Listed On Document
Martin Norman H -- None Available
Martin Norman H $230,000 Ticor Title Company Of Or
Wall Timothy Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Norman H $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2017 09/20/17 Sold $230,000 0.0% $137 / Sq Ft View Prior Sale
09/20/2017 09/20/17 Sold $230,000 -8.0% $137 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $250,000 -- $149 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $2,702 $228,570 $99,160 $129,410
2023 $2,677 $221,920 $96,270 $125,650
2022 $2,585 $215,460 $93,460 $122,000
2021 $2,509 $209,190 $90,730 $118,460
2020 $2,440 $203,100 $88,100 $115,000
2019 $2,379 $197,190 $85,540 $111,650
2018 $2,318 $191,450 $83,040 $108,410
2017 $2,250 $185,880 $80,620 $105,260
2016 $2,106 $180,470 $78,270 $102,200
2015 $2,072 $175,220 $75,990 $99,230
2014 $2,008 $170,120 $73,770 $96,350
2013 -- $167,480 $41,490 $125,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17160858

Regional Multiple Listing Service (RMLS)

APN: R0293275