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215 South Pacific Street

215 South Pacific Street, Rockaway Beach, OR 97136
Property in Tillamook
215 South Pacific Street has been categorized by the local assessors in Rockaway Beach, OR as a commercial type of property. The building on the property was first built in 1983 and is 41 years old. The area measurement of the land has been determined as 44,431 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Apr 20, 2021 for $5,200,000. That's $290.49 per sqft. Prior to that sales transaction, the property was also sold in May 22, 2008 for $2,800,000. 215 South Pacific Street was last assessed in 2023. The total value of the property was assessed at $4,610,380. Specifically, the land the property is located on was valued at $1,391,390. While improvements on the property were assessed at a total of $3,218,990. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $45,530. The initial tax year of delinquency was in 1994. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 17,901
  • Gross Building Area: 17,901
  • Building Area: 17,901
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: SILVER SANDS CONDOMINIUM
  • Land Acres: 1.02
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SILVER SANDS CONDOMINIUM

Ownership

  • Current Owner : TWIN ROKCS CORPORATION
  • Previous Owner : KIM WON WHA
  • Previous Owner 2: KIM JEONG HO
  • Owner Before Previous Owner: WELLS LOUIS S
  • Owner Before Previous Owner 2: LOUIS S WELLS LIVING TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Neah-Kah-Nie School District 56
  • Census Tract: 960200

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: 2N1032CC10501
  • Account Number: 49370
  • Parcel: R0049370
  • Meridian: SEC 32 TWN 02N RNG 10W
  • Latitude: 45.611
  • Longitude: -123.946

    Address

  • Full Address: 215 S Pacific St
  • Address - House Number: 215
  • Street Direction: S
  • Address - Street Name: Pacific
  • Address - Suffix Type: St
  • State: OR
  • City Name: Rockaway Beach
  • Carrier Code: R001
  • 4-Digit Zip Code: 9596
  • Zip Code: 97136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,530
  • Intital Tax Deliquent Year: 1994
  • Tax Rate Code Area: 5602

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,420,000
  • First Open Lien Mortgage Lender: MOUNTAIN PACIFIC BANK
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $4,420,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: Jun 14, 2046

    Market Valuation

  • Market Total Value: $4,931,090
  • Market Land Value: $953,590
  • Market Improvement Value: $3,977,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,610,380
  • Assessed Land Value: $1,391,390
  • Assessed Improvements Value: $3,218,990

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11840558946
  • Current Sale Price: $5,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-05240
  • Previous Sale Recording Date: May 22, 2008
  • Previous Sale Contract Date: May 22, 2008
  • Previous Sale Amount: $2,800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN PACIFIC BANK
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $4,420,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: SBA Participation Trust Deed
  • First Mortgage Loan Due Date: Jun 14, 2046

    Previous Mortgages

  • Previous Mortgage Lender: LOUIS S WELLS LIVING TRUST
  • Previous Mortgage Transaction Date: May 22, 2008
  • Previous Mortgage Loan Amount: $2,050,000
  • Previous Mortgage Term: 123
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Sep 30, 2018

About Rockaway Beach



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Frequently Asked Questions

What neighborhood is 215 South Pacific Street located in?
The 215 South Pacific Street is a located in the neighborhood of Tillamook in Rockaway Beach, Rockaway Beach.
What is the average sales price for listings in 215 South Pacific Street?
The average sales price for units in 215 South Pacific Street is $0 currently.

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