$459,000
SOLD MAR 31, 2025

1338 Bailey Ln Gearhart, OR 97138

3 Beds
2 Baths
1,492 Sq Ft
0.31 Acres

Recently Sold

$308 Per Sq Ft

3 Days on Market

Highlights

  • RV Access or Parking
  • Private Yard
  • First Floor Utility Room
  • Bonus Room
  • No HOA
  • Stainless Steel Appliances

About This Home

As of March 2025

This charming single-level gem in East Gearhart is ready to welcome you home! Nestled in a quiet neighborhood, this 3-bedroom, 2-bath retreat offers move-in-ready comfort with space for your personal touch. Enjoy a generous primary suite, vaulted ceilings, and laminate flooring, plus a versatile bonus room—perfect for an office, mudroom, craft space, or whatever suits your needs! Situated on a spacious .31-acre lot, you'll find room to garden, park your RV, and make the most of coastal living.

Last Agent to Sell the Property

Judy Paulsen

Windermere Realty Trust License #940800060 Listed on: 02/21/2025

Windermere Realty Trust

Last Buyer's Agent

Nicki Whittle

Cascade Hasson Sotheby's International Realty License #201218506

Cascade Hasson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 2012

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Level Lot
  • Flag Lot
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Patio

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56885

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2012
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 13 Features: Bathroom
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, OneLevel, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.0
  • Interior Amenities: GarageDoorOpener, LaminateFlooring, Laundry, VinylFloor, WasherDryer
  • Room 4 Description: BonusRoom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Fenced, Patio, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: No
  • Lot Features: FlagLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

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,Tank
  • Security: None
  • 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

  • Farm: No
  • Zoning: R1
  • Land Lease: No
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.0
  • Parcel #: 56885

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2250.29
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Mar 27, 2025
Sold by
Margaret Mary Meech Trust and Meech Margaret Mary
Bought by
Thompson Duncan M
Seller's Agent
Judy Paulsen
Windermere Realty Trust
Buyer's Agent
Nicki Whittle
Cascade Hasson Sotheby's International Realty
List Price
$459,000
Sold Price
$459,000
Views
1
Current Estimated Value
$469,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,524
Avg. Annual Appreciation
9.49%
Original Mortgage
$410,052
Outstanding Balance
$410,052
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$59,472

Purchase Details

Closed on
Jun 8, 2022
Sold by
Mary Meech Margaret
Bought by
Margaret Mary Meech Trust

Purchase Details

Listed on
May 31, 2019
Closed on
Aug 30, 2019
Sold by
Villegas Monica
Bought by
Meech Margaret M
Seller's Agent
Judy Paulsen
Windermere Realty Trust
Buyer's Agent
Sylvia Stuck
Windermere Realty Trust
List Price
$339,000
Sold Price
$332,000
Premium/Discount to List
-$7,000
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$265,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2016
Sold by
Bergeson Wade M and Bergeson Jacquelyn F
Bought by
Villegas Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,988
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 2012
Sold by
Ptr Homes Llc
Bought by
Bergeson Wade M and Berguson Jacquelyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
Olstedt Construction Inc
Bought by
Ptr Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2009
Sold by
Osburn George Ryan
Bought by
Osburn Jody L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $459,000 Ticor Title
Bargain Sale Deed -- None Listed On Document
Warranty Deed $332,000 Ticor Title Company Of Or
Warranty Deed $232,000 Ticor Title Company
Warranty Deed $170,000 Pacific Title Company
Warranty Deed $45,000 Pacific Title Company
Warranty Deed -- Pacific Title Company
Interfamily Deed Transfer -- Pacific Title Company
Bargain Sale Deed $55,000 Pacific Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $410,052 FHA
Previous Owner $265,600 New Conventional
Previous Owner $236,988 VA
Previous Owner $155,000 New Conventional
Previous Owner $85,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $459,000 0.0% $308 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $459,000 +38.3% $308 / Sq Ft
09/06/2019 09/06/19 Sold $332,000 -2.1% $223 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $339,000 -- $227 / 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 $2,250 $196,758 -- --
2023 $2,187 $191,028 $0 $0
2022 $2,122 $185,465 $0 $0
2021 $2,166 $180,064 $0 $0
2020 $2,089 $174,821 $0 $0
2019 $2,035 $169,730 $0 $0
2018 $1,962 $164,788 $0 $0
2017 $1,910 $159,990 $0 $0
2016 $1,650 $155,331 $63,431 $91,900
2015 $1,596 $150,808 $61,584 $89,224
2014 $1,517 $146,417 $0 $0
2013 -- $142,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 542666384

Regional Multiple Listing Service (RMLS)

APN: 56885