NOT LISTED FOR SALE

5510 3rd St Tillamook, OR 97141

Estimated Value: $339,000 - $624,000

8 Beds
4 Baths
3,572 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $342,000 $96 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,372/month

2 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • Double Pane Windows
  • Mountain View
  • Cathedral Ceiling
  • Baseboard Heating

About This Home

As of March 2018

Amazing investment opportunity! Own this well maintained Four Plex that has excellent occupancy history with long term residents! LARGE .50 lot offers the possible potential to build additional housing/duplex. 10 x 12 exterior storage shed was added in 2013. Newer roof 2015, hardi-plank siding on 3 sides & newer vinyl double pane windows. New pergo flooring, interior paint & new white range/oven to be added in model unit. All 4 units have sliders leading to spacious decks to enjoy the gorgeous mountain & valley views! On-site parking but near bus lines & close proximity to college, shopping, schools & all amenities. There is a HIGH demand for housing & rentals with limited multi-unit properties in our area. Don't let this rare opportunity that pencils out to pass you by!

Last Agent to Sell the Property

Juli Blaser Sagar

Premiere Property Group, LLC (Newport) License #200502449 Listed on: 01/22/2018

Last Buyer's Agent

Kristen Persons

King Realty License #201213778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1978

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 176 x 125
  • Property fronts a county road

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Mountain Views
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Fairview Acres Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,059

Year Built

Built in 1978

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 176 x 125
  • Lot Size Sq Ft: 21780.0
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Fairview Acres
  • Directions: Take Third Street East - Property on left before 4 way stop.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1978
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Total Bedrooms: 8
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Cathedral Ceiling(s)
  • Window Features: Double Pane Windows, Vinyl Frames, Drapes
  • Window Features: Double Pane Windows, Vinyl Frames, Drapes

Exterior Features

  • Lot Features: Level
  • View: Mountain(s)
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • View: Mountain(s)
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Utilities

  • Laundry Features: Washer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Cooling: None
  • Heating: Baseboard, Electric
  • Laundry Features: Washer Hookup

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3058.79
  • Tax Map Number: 1S09-288D0-0200
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Oct 27, 2014
Sold by
Moss Betty Ann and Moss Steven A
Bought by
Shen Irving and Moos Carmen Gale
Seller's Agent
Pam Zielinski
Berkshire Hathaway HomeServices NW - Netarts
Buyer's Agent
Wendy Stevens - Mizee
Rob Trost Real Estate, LLC
Sold Price
$248,000
Current Estimated Value
$432,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,368
Avg. Annual Appreciation
5.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Shen Irving $248,000 First American
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2018 03/12/18 Sold $342,000 +37.9% $96 / Sq Ft
10/31/2014 10/31/14 Sold $248,000 -- $341 / Sq Ft View Prior Sale
Source: Oregon Coast Multiple Listing Service

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
2025 $1,743 $170,220 $87,970 $82,250
2024 $1,650 $165,270 $85,420 $79,850
2023 $1,641 $160,460 $82,940 $77,520
2022 $1,583 $155,790 $80,530 $75,260
2021 $1,536 $151,260 $78,190 $73,070
2020 $1,495 $146,860 $75,920 $70,940
2019 $1,458 $142,590 $73,720 $68,870
2018 $1,421 $138,440 $71,580 $66,860
2017 $1,386 $134,410 $69,500 $64,910
2016 $1,332 $130,500 $67,480 $63,020
2015 $1,307 $126,700 $65,520 $61,180
2014 $1,288 $123,010 $63,610 $59,400
2013 -- $119,430 $61,760 $57,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-17091

Oregon Coast Multiple Listing Service

APN: R0133153

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