NOT LISTED FOR SALE

5510 3rd St Tillamook, OR 97141

Estimated Value: $312,000 - $616,000

8 Beds
4 Baths
3,572 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 12, 2018

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

Est. 30% increase in value since last sale

Current estimated payment $2,473/month

Highlights

  • Mountain View
  • High Ceiling
  • Formal Dining Room
  • Deck
  • Utility Closet
  • Double Pane Windows

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

RE/MAX HomeSource License #200502449 Listed on: 03/12/2018

RE/MAX HomeSource

Last Buyer's Agent

Kristen Persons

King Realty License #201213778

King Realty

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
  • Level Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • HardiePlank Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Formal Dining Room
  • Utility Closet
  • Washer and Dryer
  • Mountain Views

Kitchen

  • Oven or Range
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • No Garage
  • 2 Car Parking Spaces

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,059

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Financing Assumable: Yes
  • Heating System: Baseboard, Electric
  • Unit Levels: 2 Story
  • LIST135: 3
  • Listing Member Name: Juli A. Blaser Sagar
  • Listing Office Short Id: rex
  • Minorarea: Tillamook
  • Open House Office I D: 20110106194958116004000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: per
  • Selling Office Short Id: 14
  • Street Sfx: Street
  • Building Style: Other
  • Year Built: 1978
  • Multi Family Info: Unit 1/Carpets, Unit 1/Dishwasher, Unit 1/Drapes, Unit 1/Range/Oven, Unit 1/Refrigerator, Unit 1/Util Hook Ups, Unit 2/Carpets, Unit 2/Dishwasher, Unit 2/Drapes, Unit 2/Range/Oven, Unit 2/Refrigerator, Unit 2/Util Hook-Ups, Unit 2/Washer/Dryer, Unit 3/Carpets, Unit 3/Dishwasher, Unit 3/Drapes, Unit 3/Range/Oven, Unit 3/Refrigerator, Unit 3/Util Hook-Ups, Unit 4/Carpets, Unit 4/Dishwasher, Unit 4/Drapes, Unit 4/Range/Oven, Unit 4/Refrigerator, Unit 4/Util Hook-Ups
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Floor Coverings: Carpet, Pergo Type, Vinyl
  • Interior Amenities: Ceilings-Raised, Dining-Formal, Utility Closet, Windows-Double, Windows-Vinyl
  • Total Bathrooms: 4.00
  • Basement Type: Four-Plex

Exterior Features

  • Exterior Construction: Frame
  • Exterior: 'Hardi-Plank', T111 Type
  • Exterior Features: Deck/Wd Open, Storage
  • Foundation: Concrete Perimeter
  • Number of Acres: 0.50
  • Roof: Composition
  • Street Road: County Road, Paved
  • Topography: Level
  • Total Sq Ft: 3572.00
  • View: Mountain View

Garage/Parking

  • Garage Type: None

Utilities

  • Air Conditioner: None
  • Sewer: Septic/Installed
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Heater-Elec
  • Hot Water: Public

Condo/Co-op/Association

  • Property Description: Recorded Plat Map, Residential Acreage, View
  • Units in Building: 4

Fee Information

  • Taxes: 3058.79

Schools

  • Schools: Liberty, East, Till.

Lot Info

  • Lot Dimensions: 176 x 125
  • Zoning: T-RO

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Bedrooms: 8
  • Parking Per Unit: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 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 NW RE
Buyer's Agent
Wendy Stevens
King Realty
Sold Price
$248,000
Current Estimated Value
$445,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,162
Avg. Annual Appreciation
5.46%
Source: Public Records

Range of Values:

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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: 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 $1,650 $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: Tillamook Board of REALTORS®

MLS Number: 18-24

Tillamook Board of REALTORS®

APN: R0133153