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401 McCormick Loop Rd

Tillamook, OR 97141

4 bd 2 ba 2,122 sqft Built 1950 Lot 16,988 sqft single_family
Most recent sale
$420,000
Dec 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2022 Sold $420,000 RMLS
Nov 1, 2022 Price changed $450,000 Tillamook
Oct 4, 2022 Listed $480,000 Tillamook
Aug 7, 2018 Sold $206,000 Tillamook
Apr 30, 2018 Listed $235,000 Tillamook

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,760 $65,410 $202,170 $2,105
2023 $128,930 $61,650 $190,580 $1,981
2022 $116,480 $59,850 $176,330 $1,823
2021 $113,090 $58,110 $171,200 $1,768
2020 $109,800 $56,420 $166,220 $1,720
2019 $106,600 $54,780 $161,380 $1,672
2018 $103,500 $53,180 $156,680 $1,409
2017 $100,490 $51,630 $152,120 $1,374
2016 $97,560 $50,130 $147,690 $1,321
2015 $94,720 $48,670 $143,390 $1,296
2014 $91,970 $47,250 $139,220 $1,277
2013 $89,300 $45,870 $135,170 $1,264
2012 $86,710 $44,530 $131,240 $1,372
2011 $84,190 $43,230 $127,420 $1,335
2010 $81,740 $41,970 $123,710 $1,296
2009 $79,360 $40,750 $120,110 $1,292
2008 $77,060 $39,560 $116,620 $1,259
2007 $74,820 $38,410 $113,230 $1,227

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,122 sqft
Lot size
16,988 sqft
ZIP code
97141
City
Tillamook
Street
McCormick Loop Rd
Coordinates
45.45620, -123.80092

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
$4,244
Gross rental yield
12.13%
Implied cap rate
7.88%
Trend-extrapolated value

Frequently asked questions

When did 401 McCormick Loop Rd last sell?
401 McCormick Loop Rd most recently sold on Dec 23, 2022 for $420,000.
What is the current tax assessment for 401 McCormick Loop Rd?
The most recent total assessment for 401 McCormick Loop Rd (year 2025) is $202,170 with $2,105 in property tax.
How does 401 McCormick Loop Rd's assessment compare to its last sale price?
The current assessment is 51.9% below the last sale price of $420,000.
When was 401 McCormick Loop Rd built?
401 McCormick Loop Rd was built in 1950.
How does 401 McCormick Loop Rd compare to others on McCormick Loop Rd?
We track 8 other properties on McCormick Loop Rd. Browse the list under "Other properties on McCormick Loop Rd" to compare beds, baths, and sale history.
What are the property facts for 401 McCormick Loop Rd?
401 McCormick Loop Rd is a 4 bed, 2 bath, 2,122 sqft, 16,988 sqft lot single_family.
Is 401 McCormick Loop Rd a flip candidate?
No — 401 McCormick Loop Rd does not appear in our flips dataset.
Is 401 McCormick Loop Rd a tax-appeal candidate?
No — 401 McCormick Loop 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
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$400K
2026 Q4
$396.4K
ZIP 97141 — Median Price History + Forecast

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