NOT LISTED FOR SALE

4219 Marolf Place Tillamook, OR 97141

Estimated Value: $502,000 - $617,000

8 Beds
4 Baths
3,376 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $284,000 $84 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,395/month

Highlights

  • Mountain View
  • Washer and Dryer
  • Carpet
  • Utility Closet
  • Level Lot
  • Wall Furnace

About This Home

As of July 2016

Great investment opportunity located less than a block from the Tillamook Community College. This well kept 4-plex hosts a great rental history. Each unit includes range, refrigerator, washer, dryer. Rentals are in demand so now is the perfect time to put your money to work for you. Each unit pays $725.00 a month.

Last Agent to Sell the Property

Mardi Wing

Berkshire Hathaway NW RE License #200709145 Listed on: 07/21/2016

Last Buyer's Agent

Agent Outside Mls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 2001

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,376 Sq Ft Home
  • 2-Story Property
  • Utility Closet
  • Washer and Dryer
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • No Garage
  • 1 Car Parking Space

Utilities

  • Wall Furnace
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,649

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Heating System: Electric, Wall Furnace
  • Unit Levels: 2 Story
  • LIST135: 252
  • Listing Member Name: Mardi Wing
  • Listing Office Short Id: 35
  • Minorarea: Tillamook
  • Open House Office I D: 20060113214315648614000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 172
  • Selling Office Short Id: 37
  • Street Sfx: Place
  • Year Built: 2001
  • Multi Family Info: Unit 1/Carpets, Unit 1/Dishwasher, Unit 1/Range/Oven, Unit 1/Refrigerator, Unit 1/Washer/Dryer, Unit 2/Carpets, Unit 2/Dishwasher, Unit 2/Range/Oven, Unit 2/Refrigerator, Unit 2/Washer/Dryer, Unit 3/Carpets, Unit 3/Dishwasher, Unit 3/Range/Oven, Unit 3/Refrigerator, Unit 3/Washer/Dryer, Unit 4/Carpets, Unit 4/Dishwasher, Unit 4/Range/Oven, Unit 4/Refrigerator, Unit 4/Washer/Dryer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Floor Coverings: Carpet, Vinyl
  • Interior Amenities: Utility Closet
  • Total Bathrooms: 4.00
  • Basement Type: Four-Plex

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl
  • Foundation: Concrete Perimeter, Crawl Space
  • Number of Acres: 0.17
  • Roof: Composition
  • Street Road: Paved
  • Topography: Level
  • Total Sq Ft: 3376.00
  • View: Mountain View

Garage/Parking

  • Garage Type: None

Utilities

  • Sewer: Sewer Connected
  • Utilities: Electricity Available, Water Heater-Elec
  • Hot Water: Public

Condo/Co-op/Association

  • Property Description: Loc in City Limits
  • Units in Building: 4

Fee Information

  • Taxes: 3649.41

Schools

  • Schools: Tillamook

Lot Info

  • Zoning: RO

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Bedrooms: 8
  • Parking Per Unit: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Jun 18, 2016
Sold by
Rasmussen John R
Bought by
Moench Kevin R
Seller's Agent
Mardi Wing
Berkshire Hathaway NW RE
Buyer's Agent
Agent Outside Mls
Sold Price
$284,000
Current Estimated Value
$545,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,084
Avg. Annual Appreciation
8.09%
Original Mortgage
$213,000
Outstanding Balance
$173,608
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$398,161

Purchase Details

Closed on
Apr 27, 2012
Sold by
Rasmussen John R
Bought by
Rasmussen John R

Purchase Details

Closed on
Feb 24, 2006
Sold by
Rasmussen Evelyn
Bought by
Rasmussen Terry

Purchase Details

Closed on
Jun 17, 2005
Sold by
Hahn Nick K and Hahn Tiffany M
Bought by
Rasmussen Terry J and Rasmussen Evelyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Moench Kevin R $284,000 Multiple
Rasmussen John R -- None Available
Rasmussen Terry -- None Available
Rasmussen Terry J $310,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moench Kevin R $213,000
Previous Owner Rasmussen Terry J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $284,000 0.0% $84 / Sq Ft
07/21/2016 07/21/16 Sold $284,000 -12.6% $84 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
08/20/2015 08/20/15 For Sale $324,900 -- $96 / 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 $4,604 $388,940 $60,990 $327,950
2023 $4,562 $377,620 $59,210 $318,410
2022 $4,406 $366,630 $57,480 $309,150
2021 $4,277 $355,960 $55,810 $300,150
2020 $4,160 $345,600 $54,180 $291,420
2019 $4,055 $335,540 $52,610 $282,930
2018 $3,951 $325,770 $51,080 $274,690
2017 $3,771 $316,290 $49,590 $266,700
2016 $3,441 $297,550 $67,180 $230,370
2015 $3,740 $307,080 $48,140 $258,940
2014 $3,649 $298,140 $46,730 $251,410
2013 -- $289,460 $45,360 $244,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mardi Wing

    Berkshire Hathaway NW RE

  • H

    Seller's Agent in 2016

    H. Mardeen Wing

    BHHS Oregon- Northwest

  • A

    Buyer's Agent in 2016

    Agent Outside Mls

  • D

    Buyer's Agent in 2016

    Donovan Birch

    John L Scott Portland SW

    (503) 590-1500

    41 Total Sales

    Donovan Birch
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Map

Source: Tillamook Board of REALTORS®

MLS Number: 15-855

Tillamook Board of REALTORS®

APN: R0405399

Oregon Tillamook County Tillamook 97141

4219 Marolf Place, Tillamook, OR

This home is located at 4219 Marolf Place, Tillamook, OR 97141 since 21 July 2016 and is currently estimated at $545,084, approximately $161 per square foot. This property was built in 2001. 4219 Marolf Place is a home located in Tillamook County with nearby schools including Tillamook High School, Tillamook Adventist School, and Little Clipper Preschool.

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