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487 Ocean Ave

Cannon Beach, OR 97110

4 bd 4 ba 2,857 sqft Built 1946 Lot 4,356 sqft single_family
Most recent sale
$3,269,998
Feb 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 8, 2022 Sold $3,269,998 MLS #22085923
Jan 18, 2022 Listed $3,269,000 MLS #22-35

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $1,156,021 $13,744
2020 $1,122,352 $13,505
2019 $1,089,663 $12,694
2018 $1,057,926 $12,028
2017 $1,027,114 $11,560
2016 $997,199 $9,942
2015 $968,155 $9,545
2014 $928,906 $9,128
2013 $901,851 $8,859
2012 $875,584 $8,994
2011 $850,083 $8,918
2010 $825,324 $8,593
2008 $777,948 $8,151

Property facts

Year built
1946
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,857 sqft
Lot size
4,356 sqft
ZIP code
97110
City
Cannon Beach
Street
Ocean Ave
Coordinates
45.89398, -123.96317

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$19,620
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 487 Ocean Ave last sell?
487 Ocean Ave most recently sold on Feb 8, 2022 for $3,269,998.
What is the current tax assessment for 487 Ocean Ave?
The most recent total assessment for 487 Ocean Ave (year 2021) is $1,156,021 with $13,744 in property tax.
How does 487 Ocean Ave's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $3,269,998.
When was 487 Ocean Ave built?
487 Ocean Ave was built in 1946.
How does 487 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 487 Ocean Ave?
487 Ocean Ave is a 4 bed, 4 bath, 2,857 sqft, 4,356 sqft lot single_family.
Is 487 Ocean Ave a flip candidate?
No — 487 Ocean Ave does not appear in our flips dataset.
Is 487 Ocean Ave a tax-appeal candidate?
No — 487 Ocean Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-10.5%
Implied 1-yr
-41.8%
2026 Q2
$588.8K
2026 Q3
$588.8K
ZIP 97110 — Median Price History + Forecast

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