4 months on rocket

2214 5th St, Tillamook, OR, 97141

$699,950

Home List Price

$8,312*

Closing Credit

0 Baths
11,444 SqFt
$61/SqFt
House

Location

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2214 5th St, Tillamook$699,950

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1935
CoolingWindow Unit(s)
MLS #24520326
Lot Size0.25 Acres
StatusActive

About 2214 5th St

Investor Opportunity! New owner can set the rents. Currently 8 of the 13 units at the property are renovated and vacant, 4 of the units are rented at $714/month each and one unit is in need of repair. A new owner could achieve a 10% cap rate by just filling the renovated units, no extra work needed. The exterior has new paint, gutters and siding. The renovated interiors have new LVP floors, paint, windows and cabinets. Don't miss this opportunity to purchase at just over $61,000/unit. Please do not disturb tenants, viewing of the property is only with an accepted offer.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 3
  • Living Area: 11,444 SqFt

Listing Office:

  • Office Name: Kelly Right Real Estate of Portland, LLC
  • Office Phone: (503) 719-6056
  • Listing Agent: Manny Obi

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Tillamook High School, Public District Grades 9-12
  • Tillamook Junior High School, Public District Grades 7-8
  • East Elementary School, Public District Grades 4-6
  • South Prairie Elementary School, Public District Grades 2-3

Other

Directions Information:

  • Directions: 2214 5th Street, Tillamook, OR 97141

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,950
  • Price Per SqFt: $61/SqFt

Tax Information:

  • Annual Amount: $3,474
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tillamook, OR.

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Tillamook, OR

City

Med. Sold Price

$399K

Med. Price/SqFt

$274

Avg. Days On Market

74

# of Sold Homes

6

2214 5th St vs Tillamook

131 DAYS ON ROCKET

+57 Days

$699,950

+$300.9K More

$61/SqFt

-$213 Less

KEY TAKEAWAY

This property is $300.9K more than the Median Sold Price and $213/SqFt less than other homes in Tillamook, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24520326

Listing Office:

  • Office Name: Kelly Right Real Estate of Portland, LLC
  • Office Phone: (503) 719-6056
  • Listing Agent: Manny Obi

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,474$278,850
2019$3,388$270,730
2017$3,225$255,200

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1974507
4
/10

  • East Elementary School

  • 3905 Alder Ln

  • 1.00 miles

  • Public District Grades 4-6

school-card-donut-1974508
5
/10

  • South Prairie Elementary School

  • 6855 S Prairie Rd

  • 3.49 miles

  • Public District Grades 2-3

Middle School

school-card-donut-1974509
4
/10

  • Tillamook Junior High School

  • 3906 Alder Ln

  • 1.03 miles

  • Public District Grades 7-8

High School

school-card-donut-1974510
5
/10

  • Tillamook High School

  • 2605 12th St

  • 0.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,450. Most Tillamook, OR residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2214 5th St

What is the listing price of this property?

The listing price of 2214 5th St property is $699,950.

What type of property is this?

The property 2214 5th St is a house located in Tillamook, Oregon, 97141.

Is this property for sale now?

Active Listing: 2214 5th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2214 5th St are:
East Elementary School: GreatSchools Rating 4/10
South Prairie Elementary School: GreatSchools Rating 5/10
Tillamook Junior High School: GreatSchools Rating 4/10
Tillamook High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,474 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 2214 5th St is 11,444 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2214 5th St is 1935.

Rocket Homes›Oregon›Tillamook County›Tillamook›97141›2214 5th St

This home is located at 2214 5th St in Tillamook, OR and zip code 97141. This 11,444 square foot home, which was built in 1935, sits on a 0.25 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $699,950.

While more than 2 listings in Tillamook, OR in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. Between September 2024 and October 2024, Tillamook, OR real estate market has seen decrease in the number of listings by 10.5%. Listings spent 74 days on the market in October 2024, and had a median list price of $399,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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