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7040 Neptune Ave

Gleneden Beach, OR 97388

2 bd 2 ba 1,248 sqft Built 1977 Lot 4,500 sqft mobile
Most recent sale
$272,800
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $272,800 MLS #22227051
Feb 15, 2022 Price changed $309,000 MLS #22227051
Feb 10, 2022 Listed $325,000 MLS #22227051
Sep 24, 2021 Listed $399,000 MLS #21-2322
Sep 28, 2020 Sold $243,000 MLS #20656605
Aug 7, 2020 Listed $250,000 MLS #767288

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $32,030 $417
2020 $31,100 $412
2019 $30,200 $381
2018 $29,330 $374
2017 $28,480 $363
2016 $27,660 $353
2015 $24,020 $24,020 $297
2014 $17,790 $210
2013 $17,790 $209
2012 $18,860 $222
2011 $18,860 $209
2010 $24,190 $269
2009 $26,860 $298
2008 $27,200 $304

Property facts

Year built
1977
Property type
mobile
Stories
1
Beds
2
Baths
2
Living area
1,248 sqft
Lot size
4,500 sqft
ZIP code
97388
City
Gleneden Beach
Street
Neptune Ave
Coordinates
44.88318, -124.03584

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,496
Gross rental yield
10.98%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 7040 Neptune Ave last sell?
7040 Neptune Ave most recently sold on Mar 18, 2022 for $272,800.
What is the current tax assessment for 7040 Neptune Ave?
The most recent total assessment for 7040 Neptune Ave (year 2021) is $32,030 with $417 in property tax.
How does 7040 Neptune Ave's assessment compare to its last sale price?
The current assessment is 88.3% below the last sale price of $272,800.
When was 7040 Neptune Ave built?
7040 Neptune Ave was built in 1977.
How does 7040 Neptune Ave compare to others on Neptune Ave?
We track 8 other properties on Neptune Ave. Browse the list under "Other properties on Neptune Ave" to compare beds, baths, and sale history.
What are the property facts for 7040 Neptune Ave?
7040 Neptune Ave is a 2 bed, 2 bath, 1,248 sqft, 4,500 sqft lot mobile.
Is 7040 Neptune Ave a flip candidate?
No — 7040 Neptune Ave does not appear in our flips dataset.
Is 7040 Neptune Ave a tax-appeal candidate?
No — 7040 Neptune 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
+2.0%
Implied 1-yr
+8.0%
2026 Q1
$700.6K
2026 Q2
$713K
ZIP 97388 — Median Price History + Forecast

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