NOT LISTED FOR SALE

4835 W Phelps Ave Netarts, OR 97143

7 Beds
4 Baths
3,272 Sq Ft
1.55 Acres

Last Sold July 13, 2020

Last sale price $413,000 $126 Per Sq Ft

50 Days on Market

About This Home

As of July 2020

RARE OPPORTUNITY - own 1 of the only 4plexes in Netarts! Perfectly located yards from stores, delis, espresso, bus stop, post ofc, community center, beach access, and some Bay/Ocean view. Much recent remodeling includes vinyl windows & Hardiplank siding. Very easy to rent! The road is part of the acreage... provides additional income potential. Owner financing available. DO NOT LOOK IN WINDOWS WITHOUT APPOINTMENT... ALL UNITS ARE OCCUPIED!

Last Agent to Sell the Property

Pam Zielinski

Berkshire Hathaway HomeServices NW - Netarts License #780502105 Listed on: 03/30/2020

Berkshire Hathaway HomeServices NW - Netarts

Last Buyer's Agent

Pam Zielinski

Berkshire Hathaway HomeServices NW - Netarts License #780502105 Listed on: 03/30/2020

Berkshire Hathaway HomeServices NW - Netarts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 1947

Lot Details

  • 1.55

Home Design

  • 3,272 Sq Ft Home
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1.55 Acre Lot
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 2

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $14,000
  • Gross Income $45,900
  • Net Operating Income $31,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,039

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.55
  • Lot Size: irreg
  • Lot Size Sq Ft: 67518.0
  • Road Frontage Type: Private Road
  • Directions: Hwy 131, East on Phelps - 2nd & 3rd bldg on right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 7
  • Flooring: Carpet, Vinyl
  • Window Features: Vinyl Frames

Exterior Features

  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Frame, Lap Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Utilities

  • Heating Yn: Yes
  • Utilities: Sewer Connected, Phone Available
  • Water Source: Public, Private

Lot Info

  • Parcel #: 2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 45900.0
  • Property Net Operating Income: 31900.0
  • Annual Operating Expense: 14000.0

Tax Info

  • Tax Annual Amount: 3038.97
  • Tax Book Number: 2006:7610
  • Tax Map Number: 1S-10-32-CC-00111
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $413,000 -- $126 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Pam Zielinski

    Seller's Agent in 2020

    Pam Zielinski

    Berkshire Hathaway HomeServices NW - Netarts

    (503) 880-8034

    324 Total Sales

    Pam Zielinski
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Map

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

MLS Number: TC-18624

Oregon Tillamook County Netarts 97141

4835 W Phelps Ave, Netarts, OR

Not Listed for Sale

MultiFamily

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