NOT LISTED FOR SALE

701 Laurel Ave Tillamook, OR 97141

Estimated Value: $320,000 - $420,000

4 Beds
2 Baths
1,687 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $170,000 $101 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,124/month

66 Days on Market

Highlights

  • Ranch Style House
  • Partially Fenced Property
  • Wall Furnace
  • Open Patio
  • Carpet

About This Home

As of July 2014

Nice Pencil! Newer duplex features 2-2 bdrm, 1 bath, 1 level units w/back yards, slider & patios. Separate electric meters. Separate driveways. One has new fridge & carpet, one has new dishwasher. 6 month leases. Very clean, well-maintained. Located within blocks of shopping, services, schools. Priced below a recent appraisal.

Last Agent to Sell the Property

Margaret Page

Coast Real Estate Professional License #920200054 Listed on: 04/11/2014

Co-Listed By

Adam Schwend

Keller Williams Sunset Corrido License #201209462

Last Buyer's Agent

Jill Smith

Pete Anderson Realty - Tillamook License #780203097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1995

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52.5' x 105'
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,687 Sq Ft Home
  • Crawl Space
  • Washer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Wall Furnace
  • Separate Meters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 21

Community Details

Overview

  • 2 Units
  • Thayer Addition Subdivision

Building Details

  • Operating Expense $6,040
  • Gross Income $17,220
  • Net Operating Income $11,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,769

Year Built

Built in 1995

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 52.5' x 105'
  • Lot Size Sq Ft: 5662.8
  • Road Surface Type: Paved
  • Co List Office Mls Id: 6
  • Subdivision Name: Thayer Addition
  • Directions: 101, east on 7th to Laurel, duplex on SE corner of Laurel & 7th.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1995
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Window Features: Vinyl Frames
  • Window Features: Vinyl Frames

Exterior Features

  • Fencing: Partial
  • Lot Features: Level
  • View: Other
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Other
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Roof: Composition

Utilities

  • Laundry Features: Washer Hookup
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Phone Available, Separate Meters
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Phone Available, Separate Meters
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Washer Hookup

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17220.0
  • Property Net Operating Income: 11179.0
  • Annual Operating Expense: 6040.0

Tax Info

  • Tax Annual Amount: 1768.81
  • Tax Block: 21
  • Tax Lot: 1
  • Tax Map Number: 1S9 30CB 12100
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Mendiola Francisco Javier and Mendiola Ranae K
Bought by
Mendiola Francisco Javier and Mendiola Ranae Kimmel
Current Estimated Value
$373,003

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jun 30, 2014
Sold by
Southwick Theresa Marie and Howell Ronald Wayne
Bought by
Mendiola Ranae K and Mendiola Francisco Javier
Seller's Agent
Margaret Page
Coast Real Estate Professional
Buyer's Agent
Jill Smith
Pete Anderson Realty - Tillamook
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Mar 18, 2010
Sold by
Howell Robert E
Bought by
Howell Robert E and Robert E Howell Revocable Trust
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
Mendiola Francisco Javier -- None Available
Mendiola Ranae K $170,000 First American
Howell Robert E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $170,000 -- $101 / Sq Ft
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 $2,429 $200,850 $84,410 $116,440
2024 $2,308 $195,000 $81,950 $113,050
2023 $2,287 $189,330 $79,560 $109,770
2022 $2,209 $183,820 $77,240 $106,580
2021 $2,144 $178,470 $74,980 $103,490
2020 $2,086 $173,280 $72,790 $100,490
2019 $2,033 $168,240 $70,680 $97,560
2018 $1,981 $163,340 $68,620 $94,720
2017 $1,931 $158,590 $66,620 $91,970
2016 $1,859 $153,980 $64,680 $89,300
2015 $1,822 $149,500 $62,790 $86,710
2014 $1,791 $145,150 $36,350 $108,800
2013 -- $140,930 $35,290 $105,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-13081

Oregon Coast Multiple Listing Service

APN: R0110392

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