NOT LISTED FOR SALE

38460 Reed Rd Nehalem, OR 97131

Estimated Value: $1,641,000 - $2,065,855

4 Beds
5 Baths
3,686 Sq Ft
$493/Sq Ft Est. Value

About This Home

This home is located at 38460 Reed Rd, Nehalem, OR 97131 and is currently estimated at $1,818,285, approximately $493 per square foot. 38460 Reed Rd is a home located in Tillamook County with nearby schools including Nehalem Elementary School, Garibaldi Elementary School, and Neah-Kah-Nie Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2013
Sold by
Lewallen Patrick K and Lewallen Carol Y
Bought by
Lewallen Patrick K and Lewallen Carol Y
Current Estimated Value
$1,808,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
A J Reed Llc
Bought by
Lewallen Patrick K and Lewallen Carol Y

Purchase Details

Closed on
May 16, 2007
Sold by
Lewallen Patrick K and Lewallen Carol Y
Bought by
A J Reed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2006
Sold by
Lewallen Patrick K and Lewallen Carol Y
Bought by
Aj Reed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2005
Sold by
Lewallen Patrick K and Lewallen Carol
Bought by
Aj Reed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,300
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Johnson Thomas H and Johnson Jeanne P
Bought by
Lewallen Patrick K and Lewallen Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,300
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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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 Buyer Sale Price Title Company
Lewallen Patrick K -- None Available
Lewallen Patrick K -- None Available
A J Reed Llc -- Ticor Title Insurance Co
Lewallen Patrick K -- Ticor Title Insurance Co
Aj Reed Llc -- Ticor Title Ins Co
Lewallen Patrick K -- Ticor Title Ins Co
Aj Reed Llc -- --
Lewallen Patrick K $345,071 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewallen Patrick K $1,490,400
Closed Lewallen Patrick K $1,000,010
Closed Lewallen Patrick K $400,000
Closed Lewallen Patrick K $684,000
Closed Lewallen Patrick K $720,000
Previous Owner Lewallen Patrick K $940,000
Previous Owner Lewallen Patrick K $940,000
Previous Owner Lewallen Patrick K $786,300
Source: Public Records

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 $11,243 $936,530 $506,240 $430,290
2023 $11,139 $909,260 $491,500 $417,760
2022 $10,479 $882,780 $477,180 $405,600
2021 $10,166 $857,070 $463,280 $393,790
2020 $9,764 $832,110 $449,790 $382,320
2019 $9,555 $807,880 $436,690 $371,190
2018 $11,388 $784,350 $423,970 $360,380
2017 $7,887 $663,130 $410,900 $252,230
2016 $7,081 $594,550 $398,940 $195,610
2015 $6,667 $553,390 $410,890 $142,500
2014 $6,719 $550,800 $294,080 $256,720
2013 -- $534,760 $285,520 $249,240
Source: Public Records

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