$500,000
SOLD AUG 23, 2024

516 Main Ave Tillamook, OR 97141

4 Beds
2 Baths
3,600 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

9% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Porch
  • Main Floor Primary Bedroom
  • Den
  • Attached Garage

About This Home

As of August 2024

Welcome to this versatile mixed-use property offering endless possibilities! Currently configured as three separate living spaces, the middle unit has historically been a commercial space, presenting a unique opportunity for your business endeavors. Attached to this unit is a spacious shop, ideal for a variety of commercial or residential uses. The other two units have been successfully rented, with one tenant recently vacating, providing an excellent opportunity to secure a market-value lease. Whether you're looking to invest, start a business, or find a new home, this property's flexible layout can accommodate your vision. Don't miss out on this exceptional opportunity!

Last Agent to Sell the Property

Catherine Lewis

Keller Williams Sunset Corridor - Coast Life License #201211298 Listed on: 06/07/2024

Keller Williams Sunset Corridor - Coast Life

Co-Listed By

Sierra Lauder

Keller Williams Sunset Corridor - Coast Life License #201231594

Last Buyer's Agent

Steph Poppe

Rob Trost Real Estate - Tillam License #201106063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Vinyl Siding
  • T111 Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Storage
  • Washer and Dryer
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Air Source Heat Pump
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,435

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Heating System: Heat Pump
  • Unit Levels: 2 Story
  • Listing Member Name: Catherine M Lewis
  • Listing Office Short Id: kwcl
  • Minorarea: Tillamook
  • Open House Office I D: 20120523174541910494000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: pop
  • Selling Office Short Id: till
  • Street Sfx: Avenue
  • Building Style: Other
  • Year Built: 1910
  • Multi Family Info: Unit 1/Dishwasher, Unit 1/Range/Oven, Unit 1/Refrigerator, Unit 1/Washer/Dryer, Unit 2/Dishwasher, Unit 2/Refrigerator, Unit 2/Washer/Dryer, Unit 3/Dishwasher, Unit 3/Range/Oven, Unit 3/Refrigerator, Unit 3/Washer/Dryer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Finished, Full
  • Floor Coverings: Carpet, Hardwood, Pergo Type
  • Interior Amenities: Dining-Kit/Combo, Fans-Ceiling, Room-Bonus, Room-Den, Room-Mstr Main Level, Storage, Utility Room
  • Total Bathrooms: 2.00
  • Basement Type: 2+Houses

Exterior Features

  • Exterior: T111 Type, Vinyl
  • Exterior Features: Porch/Open
  • Foundation: Slab
  • Number of Acres: 0.12
  • Roof: Composition, Metal
  • Street Road: Paved
  • Topography: Level
  • Total Sq Ft: 3600.00

Garage/Parking

  • Garage Type: Attached Garage

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Sewer Connected
  • Utilities: Electricity Available, Water Heater-Elec
  • Hot Water: Public

Condo/Co-op/Association

  • Units in Building: 3

Fee Information

  • Taxes: 2435.28

Lot Info

  • Zoning: TM-C-C

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Bedrooms: 4
  • Parking Per Unit: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 24, 2024
Sold by
Randles William S and Randles Cindy A
Bought by
Teninty Donald J
Seller's Agent
Catherine Lewis
Keller Williams Sunset Corridor - Coast Life
Buyer's Agent
Steph Poppe
Rob Trost Real Estate - Tillam
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
26
Current Estimated Value
$496,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,220
Avg. Annual Appreciation
0.99%
Original Mortgage
$375,000
Outstanding Balance
$372,436
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$132,356

Purchase Details

Closed on
Dec 7, 2015
Sold by
Hahn Adam R and Hahn Janet K
Bought by
Randles William S and Randles Cindy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Ticor Title
Warranty Deed $190,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $140,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $500,000 -9.1% $139 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $550,000 -- $153 / 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 $2,458 $207,770 $112,460 $95,310
2023 $2,435 $201,720 $109,190 $92,530
2022 $2,352 $195,850 $106,010 $89,840
2021 $2,283 $190,150 $102,920 $87,230
2020 $2,221 $184,620 $99,910 $84,710
2019 $2,164 $179,250 $96,990 $82,260
2018 $2,109 $174,030 $94,170 $79,860
2017 $2,056 $168,970 $91,440 $77,530
2016 $1,985 $164,580 $91,440 $73,140
2015 $2,030 $166,840 $91,440 $75,400
2014 $2,043 $165,780 $89,950 $75,830
2013 -- $160,960 $87,340 $73,620
Source: Public Records

Agents Affiliated with this Home

  • Catherine Lewis

    Seller's Agent in 2024

    Catherine Lewis

    Keller Williams Sunset Corridor - Coast Life

    (503) 347-9690

    137 Total Sales

    Section Image
  • Sierra Lauder

    Seller Co-Listing Agent in 2024

    Sierra Lauder

    Keller Williams Sunset Corridor - Coast Life

    (503) 354-4400

    157 Total Sales

    Section Image
  • Steph Poppe

    Buyer's Agent in 2024

    Steph Poppe

    Rob Trost Real Estate - Tillam

    (503) 812-8087

    231 Total Sales

    Section Image
See All Agents

Map

Source: Tillamook Board of REALTORS®

MLS Number: 24-320

Tillamook Board of REALTORS®

APN: R0122600

Oregon Tillamook County Tillamook 97141

516 Main Ave, Tillamook, OR

This home is located at 516 Main Ave, Tillamook, OR 97141 and is currently priced at $500,000, approximately $138 per square foot. This property was built in 1910. 516 Main Ave is a home located in Tillamook County with nearby schools including Tillamook High School, Little Clipper Preschool, and Tillamook Adventist 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.

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