NOT LISTED FOR SALE

1045 Summit Ave Gearhart, OR 97138

Estimated Value: $650,000 - $707,000

3 Beds
2 Baths
2,212 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $553,000 $250 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,064/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Hydromassage or Jetted Bathtub
  • No HOA
  • Covered Deck
  • Private Yard
  • Cooking Island

About This Home

As of January 2023

Welcome home to easy one-story living in West Gearhart. Located at the end of a desirable neighborhood street, featuring mountain views, a large kitchen bursting with natural light, quality hickory cabinets, gas fireplace, ample storage and a spacious floor plan. Refresh this beauty with your own personal style while enjoying the best of small town life at nearby beaches, coffee shops, restaurants, pickleball court and golfing. Seller has assumable loan with an amazing rate; buyer must qualify.

Last Agent to Sell the Property

Jenny Rapp

Windermere Realty Trust License #201235709 Listed on: 12/08/2022

Last Buyer's Agent

Sara Peterson

eXp Realty, LLC License #201213987

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1997

Lot Details

  • 0.45 Acre Lot
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Mountain

Home Design

  • Composition Roof
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower
  • Built-In Bathroom Cabinets

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps
  • Accessible Pathway
  • Accessible Parking

Outdoor Features

  • Covered Deck
  • Porch

Schools

  • Pacific Ridge Elementary School
  • Seaside Middle School
  • Seaside High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8106

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,395

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1997
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: BathroomCabinets, GarageonMain, GroundLevel, MainFloorBedroomBath, MinimalSteps, NaturalLighting, OneLevel, Parking, Pathway, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, GarageDoorOpener, JettedTub, Laundry, VinylFloor
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, BuiltinRange, CookIsland, Cooktop, Dishwasher, FreeStandingRefrigerator, Island, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt15000to19999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: ShakeSiding
  • Exterior Features: CoveredDeck, Deck, GasHookup, Porch, SatelliteDish, Yard
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Mountain,TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,Satellite
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside
  • Middle Or Junior School: Seaside

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 8106

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4395.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 11, 2023
Sold by
Lassiter Matthew D
Bought by
Winchell Tammy and Winchell Timothy
Seller's Agent
Jenny Rapp
Windermere Realty Trust
Buyer's Agent
Sara Peterson
eXp Realty, LLC
List Price
$550,000
Sold Price
$553,000
Premium/Discount to List
$3,000
0.55%
Views
91
Current Estimated Value
$679,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,942
Avg. Annual Appreciation
8.11%
Original Mortgage
$442,400
Outstanding Balance
$429,386
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$250,556

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 4, 2020
Sold by
Sumner Althea M
Bought by
Lassiter Matthew D and Lassiter Dana B
Seller's Agent
Jenny Frank
Windermere Realty Trust
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$419,580
Interest Rate
3.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Winchell Tammy $553,000 Ticor Title
Lassiter Matthew D $405,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winchell Tammy $442,400
Previous Owner Lassiter Matthew D $419,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $553,000 +0.5% $250 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $550,000 +35.8% $249 / Sq Ft
08/06/2020 08/06/20 Sold $405,000 -6.9% $183 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $435,000 -- $197 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,661 $407,569 -- --
2023 $4,531 $395,699 $0 $0
2022 $4,395 $384,175 $0 $0
2021 $4,486 $372,986 $0 $0
2020 $4,328 $362,123 $0 $0
2019 $4,216 $351,577 $0 $0
2018 $4,064 $341,338 $0 $0
2017 $3,891 $331,397 $0 $0
2016 $3,383 $321,745 $74,974 $246,771
2015 $3,304 $312,375 $72,791 $239,584
2014 $3,107 $303,277 $0 $0
2013 -- $294,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22280790

Regional Multiple Listing Service (RMLS)

APN: 8106