NOT LISTED FOR SALE

518 Elm Ave Tillamook, OR 97141

Estimated Value: $287,000 - $324,894

2 Beds
1 Bath
1,276 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $296,000 $232 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,825/month

81 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Storage
  • Main Floor Bedroom
  • Cottage
  • Zoned Heating

About This Home

As of November 2023

COTTAGE STYLE 2 BEDROOM, 1 BATH HOME WITH FINISHED 1 BEDROOM ATTIC! NEAT, CLEAN AND READY FOR YOUR DECORATING IDEAS! FROM THE WARM, INVITING FRONT ENTRYWAY WITH RAISED FLOWER GARDENS TO THE LOVELY FENCED BACKYARD VEGETABLE GARDEN, GIVES A COUNTRY FEELING IN TOWN! LOCATED IN THE HEART OF TILLAMOOK SUPER CLOSE TO THE YMCA, SHOPPING, SCHOOLS, MEDICAL AND RESTAURANTS. ORIGINAL HARDWOOD FLOORS, ATTACHED SHOP, NEWER PAINT AND VINYL WINDOWS WITH ACCESS STAIRS TO FINISHED ATTIC LENDING HISTORY FROM A TILLAMOOK BAY TUG BOAT! A PERFECT STARTER HOME, FULL OR PART TIME LIVING, YOU CHOOSE! LOCATED JUST ABOUT AN HOUR FROM PORTLAND! AND STILL LOCATED JUST MINUTES FROM THE BEACH, RIVERS, BAY FOR FISHING, CRABBING OR HIKING!

Last Agent to Sell the Property

Patti Tippett

King Realty License #200703160 Listed on: 08/05/2023

Last Buyer's Agent

Joseph Meyer

Pete Anderson Realty - Tillamook License #940400031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned TM_R7.5

Parking

  • No Garage

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,276 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Separate Formal Living Room
  • Storage
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Shop

Utilities

  • Zoned Heating
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 119160R

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,319

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Heating System: Heat Pump, Zonal
  • Unit Levels: 1 1/2 Story
  • LIST135: 81
  • Listing Member Name: Patricia Lynn Tippett
  • Listing Office Short Id: 14
  • Major Area: SD9
  • Open House Office I D: 20060113214314829115000000
  • Prop. Type: Residential
  • Remodel Year: 1985.00
  • Selling Member Short Id: 39
  • Selling Office Short Id: 24
  • Street Sfx: Avenue
  • Building Style: Cottage
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Accessibility: Entry Level Bedroom
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Floor Coverings: Hardwood, Laminate Floor
  • Interior Amenities: Fans-Ceiling, Sep Living Rm, Storage, Windows-Vinyl
  • Total Bathrooms: 1.00
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Frame
  • Exterior: T-111, Wood-Shake
  • Exterior Features: Bldg/Shop, Fencing/Enclosed, Storage
  • Flood Zone: None
  • Foundation: Concrete Perimeter, Crawl Space
  • Number of Acres: 0.11
  • Roof: Composition
  • Street Road: Paved, Sidewalks
  • Topography: Level
  • Total Sq Ft: 1276.00
  • View: Other

Garage/Parking

  • Garage/Parking: See Remarks
  • Garage Stall: 0
  • Garage Type: None

Utilities

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

Fee Information

  • Taxes: 1319.16

Schools

  • Schools: SD9

Lot Info

  • Parcel #: 119160R
  • Zoning: TM_R7.5

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Nov 17, 2023
Sold by
Kelzer Dylan
Bought by
Lovell Mary
Seller's Agent
Patti Tippett
King Realty
Buyer's Agent
Joseph Meyer
Pete Anderson Realty - Tillamook
List Price
$349,000
Sold Price
$296,000
Premium/Discount to List
-$53,000
-15.19%
Views
146
Current Estimated Value
$309,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,724
Avg. Annual Appreciation
1.52%

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 1, 2021
Sold by
Smith Whitney
Bought by
Kelzer Dylan
Seller's Agent
Stephanie Schriber
eXp Realty LLC
Buyer's Agent
Cyndi Lewis
Summa Real Estate Group
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Mar 23, 2018
Sold by
Mortensen Marguerite L
Bought by
Smith Whitney
Seller's Agent
Samantha Mattison
RE/MAX HomeSource-Rockaway
Buyer's Agent
Stephanie Schriber
RE/MAX HomeSource
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$176,641
Interest Rate
4.37%
Mortgage Type
FHA
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
Lovell Mary $296,000 Ticor Title
Kelzer Dylan $260,000 Ticor Title Company Of Or
Smith Whitney $179,900 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Whitney $176,641
Previous Owner Mortensen Marguerite L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $296,000 -8.9% $232 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $325,000 -6.9% $255 / Sq Ft
08/05/2023 08/05/23 For Sale $349,000 +34.2% $274 / Sq Ft
07/01/2021 07/01/21 Sold $260,000 0.0% $204 / Sq Ft
07/01/2021 07/01/21 Sold $260,000 -3.3% $204 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $269,000 +49.5% $211 / Sq Ft
03/28/2018 03/28/18 Sold $179,900 0.0% $141 / Sq Ft
03/26/2018 03/26/18 Sold $179,900 -7.7% $141 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
08/30/2017 08/30/17 For Sale $195,000 -- $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 $1,378 $116,640 $40,020 $76,620
2023 $1,366 $113,250 $38,850 $74,400
2022 $1,319 $109,960 $37,720 $72,240
2021 $1,280 $106,760 $36,620 $70,140
2020 $1,245 $103,660 $35,550 $68,110
2019 $1,214 $100,650 $34,510 $66,140
2018 $1,183 $97,720 $33,500 $64,220
2017 $853 $94,880 $32,520 $62,360
2016 $822 $92,120 $31,570 $60,550
2015 $805 $89,440 $30,650 $58,790
2014 $792 $86,840 $29,760 $57,080
2013 -- $84,320 $28,890 $55,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tillamook Board of REALTORS®

MLS Number: 23-375

Tillamook Board of REALTORS®

APN: R0119160