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508 Nehalem Ave

Rockaway Beach, OR 97136

2 bd 1 ba 633 sqft Built 1947 Lot 3,485 sqft single_family
Most recent sale
$329,500
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $329,500 MLS #22-240
May 6, 2022 Listed $325,000 MLS #22-240

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $41,290 $56,350 $97,640 $1,003
2023 $38,920 $53,120 $92,040 $920
2022 $37,790 $51,570 $89,360 $891
2021 $36,690 $50,070 $86,760 $865
2020 $35,630 $48,610 $84,240 $840
2019 $34,600 $47,190 $81,790 $817
2018 $33,590 $45,820 $79,410 $796
2017 $32,610 $44,490 $77,100 $774
2016 $31,660 $43,200 $74,860 $752
2015 $30,740 $41,940 $72,680 $740
2014 $29,840 $40,730 $70,570 $729
2013 $28,970 $39,550 $68,520 $718
2012 $28,130 $38,400 $66,530 $679
2011 $27,310 $37,290 $64,600 $660
2010 $26,510 $36,210 $62,720 $636
2009 $25,740 $35,160 $60,900 $628
2008 $24,990 $34,140 $59,130 $604
2007 $24,260 $33,150 $57,410 $583

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
633 sqft
Lot size
3,485 sqft
ZIP code
97136
City
Rockaway Beach
Street
Nehalem Ave
Coordinates
45.61312, -123.94019

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,266
Gross rental yield
4.61%
Implied cap rate
3.00%
Trend-extrapolated value

Frequently asked questions

When did 508 Nehalem Ave last sell?
508 Nehalem Ave most recently sold on Jun 23, 2022 for $329,500.
What is the current tax assessment for 508 Nehalem Ave?
The most recent total assessment for 508 Nehalem Ave (year 2025) is $97,640 with $1,003 in property tax.
How does 508 Nehalem Ave's assessment compare to its last sale price?
The current assessment is 70.4% below the last sale price of $329,500.
When was 508 Nehalem Ave built?
508 Nehalem Ave was built in 1947.
How does 508 Nehalem Ave compare to others on Nehalem Ave?
We track 8 other properties on Nehalem Ave. Browse the list under "Other properties on Nehalem Ave" to compare beds, baths, and sale history.
What are the property facts for 508 Nehalem Ave?
508 Nehalem Ave is a 2 bed, 1 bath, 633 sqft, 3,485 sqft lot single_family.
Is 508 Nehalem Ave a flip candidate?
No — 508 Nehalem Ave does not appear in our flips dataset.
Is 508 Nehalem Ave a tax-appeal candidate?
No — 508 Nehalem 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
+0.9%
Implied 1-yr
+3.4%
2026 Q3
$456.3K
2026 Q4
$459.9K
ZIP 97136 — Median Price History + Forecast

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