NOT LISTED FOR SALE

432 S Hwy 101 Rockawaybeach, OR 97136

Estimated Value: $327,679

0.18 Acre
$1,820,439 Price per Acre
7,840 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $295,000

Est. 11% increase in value since last sale

Current estimated payment $2,055/month

8 Days on Market

Highlights

  • Ocean View
  • No HOA
  • No Heating
  • Nehalem Elementary School Rated 10
  • Level Lot

About This Lot

As of March 2023

Rare opportunity to build a commercial use 1st floor building with separate residences on top in Rockaway Beach. This lot is designated commercial land use with multi family residential (5+ units) above. Residential space could be built above the commercial space below to enjoy incredible ocean views, just 1 block off the beach. Current structures on this piece of land are filled with mold and may likely need to be torn down. This is a rare opportunity to improve a small part of Rockaway by addi

Last Agent to Sell the Property

Megan Despain

Keller Williams Sunset Corridor License #201226701 Listed on: 09/30/2022

Keller Williams Sunset Corridor

Last Buyer's Agent

Sandra LeVan

Keller Williams Sunset Corridor License #201247047

Keller Williams Sunset Corridor

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,418

Lot Details

  • 7,840 Sq Ft Lot
  • Level Lot
  • Property is zoned C-1

Schools

  • Garibaldi Elementary School
  • Neah-Kah-Nie Middle School
  • Neah-Kah-Nie High School

Additional Features

  • Ocean Views
  • Residence on Property

Community Details

  • No Home Owners Association
  • Elmore Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 371671

Property Details

Property Type

Land

Est. Annual Taxes

$3,418

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: Residence
  • View: Ocean

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Garibaldi
  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie

Lot Info

  • Zoning: C-1
  • Present Use: Commercial, MultiFamily
  • Land Description: Level
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 371671

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3417.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Mar 13, 2023
Sold by
Williams Tracey L
Bought by
Ccc Development Llc
Seller's Agent
Megan Despain
Keller Williams Sunset Corridor
Buyer's Agent
Sandra LeVan
Keller Williams Sunset Corridor
List Price
$295,000
Sold Price
$295,000
Views
21
Current Estimated Value
$327,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,679
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Williams Tracey L
Bought by
Kitchin Christian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2006
Sold by
Smith Michael T
Bought by
Williams Tracey L

Purchase Details

Closed on
Jul 14, 2005
Sold by
Swartz Pamela A
Bought by
Smith Michael
Source: Public Records

Range of Values:

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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
Ccc Development Llc $295,000 Ticor Title
Kitchin Christian E $385,000 Ticor Title Ins Co
Williams Tracey L $313,000 Multiple
Smith Michael $199,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitchin Christian E $173,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $295,000 0.0% --
10/09/2022 10/09/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $295,000 -- --
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 $3,803 $386,480 $174,440 $212,040
2023 $3,638 $362,480 $169,360 $193,120
2022 $3,525 $351,930 $164,430 $187,500
2021 $3,418 $341,680 $159,640 $182,040
2020 $3,323 $331,730 $154,990 $176,740
2019 $3,231 $322,070 $150,470 $171,600
2018 $3,043 $301,840 $147,250 $154,590
2017 $2,846 $281,590 $138,450 $143,140
2016 $2,766 $273,490 $138,450 $135,040
2015 $2,843 $277,670 $138,450 $139,220
2014 $2,981 $287,150 $140,600 $146,550
2013 -- $282,130 $138,450 $143,680
Source: Public Records

Agents Affiliated with this Home

  • Megan Despain

    Seller's Agent in 2023

    Megan Despain

    Keller Williams Sunset Corridor

    (360) 917-6328

    118 Total Sales

    Megan Despain
    Section Image

  • S

    Buyer's Agent in 2023

    Sandra LeVan

    Keller Williams Sunset Corridor

    7 Total Sales

    Sandra LeVan
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22388354

Regional Multiple Listing Service (RMLS)

APN: R0371671

Oregon Tillamook County Rockaway Beach 97136

432 S Hwy 101, Rockaway Beach, OR

This home is located at 432 S Hwy 101, Rockawaybeach, OR 97136 since 30 September 2022 and is currently estimated at $327,679. 432 S Hwy 101 is a home located in Tillamook County with nearby schools including Garibaldi Elementary School, Nehalem Elementary School, and Neah-Kah-Nie Middle School.

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.

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