NOT LISTED FOR SALE

4951 Netarts Hwy W Tillamook, OR 97141

Estimated Value: $1,018,879

8 Beds
7 Baths
2,948 Sq Ft
$346/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $225,000 $76 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $6,043/month

About This Home

As of November 2015

Previously the Sea Lion, property has six 1 bedroom units & one 2 bedroom unit, 1 work room/office accessed by a sliding glass door, 1 storage shed & 1 storage building. All units have kitchens & full baths. Parking lot paved. Either refurb & operate as a motel or convert to full time rentals. Most units have futon frames, bed frames, some lamps & kitchen utensils. Some deferred maintenance.

Last Listed By

Margaret Page

Coast Real Estate Professional License #920200054 Listed on: 11/02/2015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,401

Year Built

1960

Lot Details

0

Listing Details

  • Financing Assumable: No
  • Unit Levels: 1 Story
  • LIST135: 108
  • Listing Member Name: Margaret K. Page
  • Listing Office Short Id: 6
  • Minorarea: Netarts
  • Open House Office I D: 20060113214316618619000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: hah
  • Selling Office Short Id: mor
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floor Coverings: Carpet, Vinyl
  • Total Bathrooms: 7.00
  • Basement Type: Five+ Plex

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood Siding
  • Foundation: Concrete Perimeter
  • Number of Acres: 0.45
  • Roof: Shake
  • Street Road: Paved
  • Total Sq Ft: 2948.00

Garage/Parking

  • Garage Type: None

Utilities

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

Condo/Co-op/Association

  • Units in Building: 7

Fee Information

  • Taxes: 2873.72

Lot Info

  • Lot Dimensions: Irregular
  • Zoning: C-1

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Bedrooms: 8
  • Parking Per Unit: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2017
Sold by
Petersen Nick and Veek Skyler
Bought by
Pacific View Lodging Inc
Total Days on Market
0
Current Estimated Value
$1,018,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 2, 2015
Closed on
Oct 22, 2015
Sold by
Craft3
Bought by
Petersen Nick and Veek Skyler
Seller's Agent
Margaret Page
Coast Real Estate Professional
Buyer's Agent
Nick Hahn
King Realty
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%
Original Mortgage
$225,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2015
Sold by
Dory Investments Inc
Bought by
Craft3

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pacific View Lodging Inc $699,000 Ticor Title Co
Petersen Nick $225,000 First American
Craft3 $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific View Lodging Inc $524,250
Previous Owner Petersen Nick $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $225,000 0.0% $76 / Sq Ft
11/02/2015 11/02/15 Sold $225,000 -17.6% $76 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $273,000 -- $93 / 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 $4,401 $349,210 $124,020 $225,190
2023 $4,384 $339,040 $120,410 $218,630
2022 $4,262 $329,170 $116,910 $212,260
2021 $4,165 $319,590 $113,510 $206,080
2020 $4,074 $310,290 $110,210 $200,080
2019 $3,990 $301,260 $107,010 $194,250
2018 $5,635 $292,490 $103,900 $188,590
2017 $3,051 $225,670 $100,870 $124,800
2016 $2,955 $219,100 $97,930 $121,170
2015 $2,910 $212,720 $95,080 $117,640
2014 $2,874 $206,530 $92,310 $114,220
2013 -- $200,520 $89,620 $110,900
Source: Public Records

Agents Affiliated with this Home

  • Margaret Page

    Seller's Agent in 2015

    Margaret Page

    Coast Real Estate Professionals

    (503) 801-3603

    124 Total Sales

    Margaret Page
    Section Image
  • Adam Schwend

    Seller Co-Listing Agent in 2015

    Adam Schwend

    Coast Real Estate Professional

    (503) 457-8865

    143 Total Sales

    Adam Schwend
    Section Image

  • N

    Buyer's Agent in 2015

    Nick Hahn

    King Realty

See All Agents

Map

Similar Home in Tillamook, OR

  • 3413 Maple Ln, Tillamook, OR 97141

    $775,000

    • 10 Beds
    • 8 Baths
    • 4,206 Sq Ft
    • 3413 Maple Ln
    • Tillamook, OR

    Great investment opportunity! This is your chance to own a nice duplex, a well maintained home, and a double wide manufactured home. 3501 is the duplex built in 2003 with a total of 1860 sq ft (930' per unit). Rents are $1,250 & $1,150 per month.3413 is an older home built in 1930, updated to the 70's with 1966 sq ft and 4 bdrms, 2 baths. Rent is $1,250. The back unit, 3417 Maple is a 1999

    Marilyn Hankins King Realty

    Section Image
See All Homes in Tillamook

Source: Tillamook Board of REALTORS®

MLS Number: 15-544

Tillamook Board of REALTORS®

APN: R0185212

Oregon Tillamook County Tillamook 97141

4951 Netarts Hwy W, Tillamook, OR

Homes for Sale in Tillamook, OR

This home is located at 4951 Netarts Hwy W, Tillamook, OR 97141 since 02 November 2015 and is currently estimated at $1,018,879, approximately $345 per square foot. This property was built in 1960. 4951 Netarts Hwy W is a home located in Tillamook County with nearby schools including Tillamook High 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.

Tillamook Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.