NOT LISTED FOR SALE

5500 3rd St Tillamook, OR 97141

Estimated Value: $500,031 - $564,000

8 Beds
4 Baths
3,312 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $325,000 $98 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,093/month

20 Days on Market

Highlights

  • 0.47 Acre Lot
  • Vinyl Flooring
  • Heating Available

About This Home

As of February 2018

UPDATED FOUR-PLEX! BEAUTIFUL MOUNTAIN AND PASTORAL VIEWS FROM THIS MULTI-FAMILY UNIT CONVENIENTLY LOCATED NEAR FAIRGROUNDS, COLLEGE AND NOT TOO FAR FROM TOWN. NEWER SIDING ON 2 SIDES, NEWER ROOF, DECKS & INTERIOR STAIRWAYS(2012). PRIMARILY LONG-TERM TENANTS. THIS IS AN INVESTMENT THAT PENCILS OUT!

Last Agent to Sell the Property

Patti Tippett

King Realty License #200703160 Listed on: 12/26/2017

Last Buyer's Agent

Kristi Moore

Rob Trost Real Estate - Tillam License #201204980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1977

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 163.72x125

Home Design

  • Composition Roof

Interior Spaces

  • 3,312 Sq Ft Home
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available
  • Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,955

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Lot Size: 163.72X125
  • Lot Size Sq Ft: 20473.2
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Directions: HWY 101, E ON 3RD ON LFT ACROSS FROM CIRCLE DR.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 8
  • Flooring: Other, Vinyl

Exterior Features

  • Fencing: Partial
  • Lot Features: Level, Gentle Sloping
  • View: Mountain(s)
  • Construction Type: Frame, Vinyl Siding, Wood Siding, Lap Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2954.59
  • Tax Book Number: 2016:6747
  • Tax Map Number: 1S-09-28-BD-00202
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Feb 12, 2018
Sold by
Singer Ernest and Singer Christine
Bought by
Thomas Rrobin M and Thomas Scot
Seller's Agent
Patti Tippett
King Realty
Buyer's Agent
Kristi Moore
Rob Trost Real Estate - Tillam
Sold Price
$325,000
Current Estimated Value
$532,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,758
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Dec 26, 2017
Closed on
Feb 9, 2018
Sold by
Singer Ernest and Singer Christine
Bought by
Scot And Robin Thomas Living Trust and Thomas
Seller's Agent
Patti Tippett
King Realty
Buyer's Agent
Kristi Moore
Rob Trost Real Estate - Tillam
Sold Price
$325,000

Purchase Details

Closed on
Nov 21, 2016
Sold by
Wickes Gregory F
Bought by
Singer Ernest and Singer Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2011
Closed on
Mar 19, 2012
Sold by
Widmer John D and Widmer Juanita M
Bought by
Wickes Gregory F
Seller's Agent
Gretchen Jacob
RE/MAX HomeSource
Buyer's Agent
Gretchen Jacob
RE/MAX HomeSource
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Rrobin M $325,000 Ticor Title Co
Scot And Robin Thomas Living Trust $325,000 Ticor Title
Singer Ernest -- Ticor
Wickes Gregory F $180,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singer Ernest $195,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2018 02/12/18 Sold $325,000 0.0% $98 / Sq Ft
02/12/2018 02/12/18 Sold $325,000 -2.8% $98 / Sq Ft View Prior Sale
01/15/2018 01/15/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $334,500 +29.9% $101 / Sq Ft
12/08/2012 12/08/12 Sold $257,500 0.0% $78 / Sq Ft View Prior Sale
12/08/2012 12/08/12 Sold $257,500 +3.0% $78 / Sq Ft View Prior Sale
11/30/2012 11/30/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $249,950 +38.9% $75 / Sq Ft
03/20/2012 03/20/12 Sold $180,000 0.0% $54 / Sq Ft View Prior Sale
03/20/2012 03/20/12 Sold $180,000 -20.0% $54 / Sq Ft View Prior Sale
03/08/2012 03/08/12 Pending -- -- --
08/30/2011 08/30/11 For Sale $225,000 -- $68 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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 $3,527 $344,550 $140,080 $204,470
2023 $3,506 $334,520 $136,000 $198,520
2022 $3,384 $324,780 $132,030 $192,750
2021 $3,284 $315,330 $128,190 $187,140
2020 $3,196 $306,150 $124,460 $181,690
2019 $3,100 $297,240 $120,840 $176,400
2018 $3,029 $288,590 $117,320 $171,270
2017 $2,955 $280,190 $113,900 $166,290
2016 $2,841 $272,030 $110,590 $161,440
2015 $2,652 $264,110 $107,370 $156,740
2014 $2,530 $247,930 $103,920 $144,010
2013 -- $256,470 $107,370 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-17055

Oregon Coast Multiple Listing Service

APN: R0149529