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38500 Beulah Reed Rd

Nehalem, OR 97131

4 bd 3 ba 3,092 sqft Built 1991 Lot 35,284 sqft single_family
Most recent sale
$3,100,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $3,100,000 Public Record
Apr 19, 2022 Listed $2,500,000 MLS #22-341
Nov 20, 2014 Sold $1,310,000 Public Record
Oct 4, 2014 Listing removed $1,400,000 Clatsop
Apr 11, 2014 Listed $1,400,000 MLS #14-446

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $590,030 $411,970 $1,002,000 $12,594
2023 $537,080 $388,320 $925,400 $11,336
2022 $501,460 $377,010 $878,470 $10,427
2021 $486,860 $366,030 $852,890 $10,117
2020 $472,680 $355,370 $828,050 $9,716
2019 $458,920 $345,020 $803,940 $9,508
2018 $445,560 $334,970 $780,530 $9,262
2017 $432,590 $325,210 $757,800 $9,001
2016 $419,990 $315,740 $735,730 $8,743
2015 $407,770 $306,540 $714,310 $8,582
2014 $395,900 $297,610 $693,510 $8,439
2013 $384,380 $288,940 $673,320 $8,286
2012 $373,190 $280,520 $653,710 $7,871
2011 $362,320 $272,350 $634,670 $7,643
2010 $351,770 $264,420 $616,190 $7,374
2009 $341,530 $256,720 $598,250 $7,229
2008 $331,590 $249,240 $580,830 $6,190
2007 $321,940 $241,980 $563,920 $5,934

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,092 sqft
Lot size
35,284 sqft
ZIP code
97131
City
Nehalem
Street
Beulah Reed Rd
Coordinates
45.73739, -123.94896

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$18,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 38500 Beulah Reed Rd last sell?
38500 Beulah Reed Rd most recently sold on May 17, 2022 for $3,100,000.
What is the current tax assessment for 38500 Beulah Reed Rd?
The most recent total assessment for 38500 Beulah Reed Rd (year 2025) is $1,002,000 with $12,594 in property tax.
How does 38500 Beulah Reed Rd's assessment compare to its last sale price?
The current assessment is 67.7% below the last sale price of $3,100,000.
When was 38500 Beulah Reed Rd built?
38500 Beulah Reed Rd was built in 1991.
How does 38500 Beulah Reed Rd compare to others on Beulah Reed Rd?
We track 8 other properties on Beulah Reed Rd. Browse the list under "Other properties on Beulah Reed Rd" to compare beds, baths, and sale history.
What are the property facts for 38500 Beulah Reed Rd?
38500 Beulah Reed Rd is a 4 bed, 3 bath, 3,092 sqft, 35,284 sqft lot single_family.
Is 38500 Beulah Reed Rd a flip candidate?
No — 38500 Beulah Reed Rd does not appear in our flips dataset.
Is 38500 Beulah Reed Rd a tax-appeal candidate?
No — 38500 Beulah Reed Rd 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
+5.7%
Implied 1-yr
+22.6%
2026 Q3
$779.5K
2026 Q4
$811.8K
ZIP 97131 — Median Price History + Forecast

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