NOT LISTED FOR SALE

4004 3rd St Tillamook, OR 97141

Estimated Value: $298,000 - $329,000

2 Beds
1 Bath
1,369 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $45,764 $33 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $1,855/month

27 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Cottage
  • Vaulted Ceiling
  • No HOA
  • Fireplace

About This Home

As of March 2016

PRICE REDUCED. Lots of potential with this project house. Deep lot with view of the Coast Range

Last Listed By

Gerald Aldrich

Coldwell Banker Gesik Realty, Inc Listed on: 01/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 1942

Lot Details

  • 0.25 Acre Lot
  • Property fronts a highway
  • Property is zoned R1-7.5

Home Design

  • Cottage
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,369 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Mountain Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Shed

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$886

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.25
  • Lot Size: 10890
  • Lot Size Sq Ft: 10890.0
  • Road Surface Type: Paved
  • Directions: Hwy 101, East on 3rd
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1942
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.25
  • Location Tax and Other Information:Tax Lot: 01500
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.1
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • General Property Description:Lot Dimensions: 10890
  • Location Tax and Other Information:Subdv ParcelLot: 00
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Siding:Lap: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Miscellaneous Possession: Closing
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Mountain
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Carport
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00
  • Zoning: R1-7.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 885.94
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 9, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Sumerlin Larry
Seller's Agent
Gerald Aldrich
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Gerald Aldrich
Coldwell Banker Gesik Realty, Inc
List Price
$60,000
Sold Price
$45,764
Premium/Discount to List
-$14,236
-23.73%
Total Days on Market
27
Current Estimated Value
$314,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,952
Avg. Annual Appreciation
24.34%
Original Mortgage
$27,478
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2015
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 6, 2015
Sold by
Lane Randy S
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bowne Joyce I Werner and Werner Joyce I
Bought by
Lane Randy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.9%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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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
Sumerlin Larry $45,764 First American
Secretary Of Housing & Urban Development $138,046 None Available
Lakeview Loan Servicing Llc $129,262 None Available
Lane Randy S $111,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sumerlin Larry $27,478
Closed Sumerlin Larry $27,478
Previous Owner Lane Randy S $149,623
Previous Owner Lane Randy S $15,500
Previous Owner Lane Randy S $124,000
Previous Owner Lane Randy S $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $45,764 -23.7% $33 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $60,000 -- $44 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

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 $1,320 $109,890 $58,650 $51,240
2023 $1,307 $106,690 $56,940 $49,750
2022 $1,263 $103,590 $55,280 $48,310
2021 $1,225 $100,580 $53,670 $46,910
2020 $1,192 $97,660 $52,110 $45,550
2019 $1,158 $94,820 $50,590 $44,230
2018 $1,129 $92,060 $49,120 $42,940
2017 $1,100 $89,380 $47,690 $41,690
2016 $1,059 $86,780 $46,300 $40,480
2015 $886 $84,260 $44,960 $39,300
2014 $873 $81,810 $43,650 $38,160
2013 -- $79,430 $42,380 $37,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 15-3103

APN: R0154914