NOT LISTED FOR SALE

1329 Cottonwood Ln Gearhart, OR 97138

Estimated Value: $470,000 - $507,000

3 Beds
2 Baths
1,364 Sq Ft
$356/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $409,180 $300 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,890/month

4 Days on Market

Highlights

  • High Ceiling
  • Double Pane Windows
  • Laundry Room
  • Attached Garage
  • Patio
  • High Speed Internet

About This Home

As of June 2021

Live the good life in Gearhart, Oregon. Single level home with covered front porch, privacy hedge, fenced in back yard, attached two car garage, open floor plan, gas fireplace and primary bedroom with en suite bathroom. C2 zoning gives you potential that many other residential property in Gearhart may not. Please see the municipal code zoning and contact this City of Gearhart for more information.

Last Agent to Sell the Property

Christy Coulombe

SALTAIRE Coastal Homes License #201214471 Listed on: 05/13/2021

Last Buyer's Agent

Rachel McElroy

RE/MAX Coastal Advantage License #201236708

RE/MAX Coastal Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 1998

Lot Details

  • Level Lot
  • Property is zoned C2

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Vinyl Flooring
  • Laundry Room

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 1 Story
  • Sq Ft Calculated: 1364
  • Sq Ft Approximate Total: 1364
  • Stories: 1
  • Year Built: 1998
  • Property Condition: Resale
  • Remarks Public: Live the good life in Gearhart, Oregon. Single level home with covered front porch, privacy hedge, fenced in back yard, attached two car garage, open floor plan, gas fireplace and primary bedroom with en suite bathroom. C2 zoning gives you potential that many other residential property in Gearhart may not. Please see the municipal code zoning and contact this City of Gearhart for more information.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Gas
  • Interior Amenities: Laundry, Washer/Dryer, High Ceilings, Vinyl Floor
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Legal Description: LT 3 COTTONWOOD PARK
  • Sq Ft Main Level: 1364
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Basement: None
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Patio
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Gravel

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Septic Tank
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable

Schools

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

Lot Info

  • Lot Description: Level
  • Acres: 0.23
  • Zoning: C2

Tax Info

  • Tax Amount: 2682.89
  • Assessor Parcel Number: 7946
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 21, 2021
Sold by
Garrett Zachary J
Bought by
Luchetti Gianna and Bailey Benjamin
Seller's Agent
Christy Coulombe
SALTAIRE Coastal Homes
Buyer's Agent
Rachel McElroy
RE/MAX Coastal Advantage
List Price
$355,000
Sold Price
$409,180
Premium/Discount to List
$54,180
15.26%
Current Estimated Value
$486,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,948
Avg. Annual Appreciation
4.21%
Original Mortgage
$368,262
Outstanding Balance
$283,293
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$202,835

Purchase Details

Closed on
Apr 1, 2017
Sold by
Jorgensen Richard Alan
Bought by
Garrett Zachary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,353
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Jan 10, 2014
Sold by
Douglas Kenneth Ray and Douglas Jessica J
Bought by
Jorgensen Richard Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,346
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2012
Sold by
Goldstone Pat and Lanz Linda K
Bought by
Douglas Kenneth Ray and Douglas Jessica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
3.9%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Luchetti Gianna $409,180 Ticor Title Ins C O
Garrett Zachary J $249,000 Ticor Title Company Of Or
Jorgensen Richard Alan $213,000 Pacific Title Company
Douglas Kenneth Ray $199,900 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luchetti Gianna $368,262
Previous Owner Garrett Zachary J $254,353
Previous Owner Jorgensen Richard Alan $217,346
Previous Owner Douglas Kenneth Ray $199,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $409,180 +15.3% $300 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $355,000 -- $260 / 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 $2,890 $252,670 -- --
2023 $2,809 $245,311 $0 $0
2022 $2,725 $238,167 $0 $0
2021 $2,781 $231,231 $0 $0
2020 $2,683 $224,497 $0 $0
2019 $2,614 $217,959 $0 $0
2018 $2,519 $211,612 $0 $0
2017 $2,453 $205,450 $0 $0
2016 $2,114 $199,467 $63,483 $135,984
2015 $2,023 $193,658 $61,634 $132,024
2014 $1,813 $188,018 $0 $0
2013 -- $182,543 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21358373

Regional Multiple Listing Service (RMLS)

APN: 7946