NOT LISTED FOR SALE

1340 Bailey Ln Gearhart, OR 97138

Estimated Value: $504,000 - $581,885

3 Beds
2.5 Baths
1,991 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $550,000 $276 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,272/month

Highlights

  • RV Access or Parking
  • No HOA
  • 1 Car Attached Garage
  • Traditional Architecture
  • Stainless Steel Appliances
  • Patio

About This Home

As of October 2023

You're in luck! This well cared for home in the coastal community of Gearhart, is awaiting it's new owners. The unique layout of this split level home features 3 bedrooms, 2.5 bathrooms plus a bonus room. Full remodel completed in 2007 includes new septic, gas range, furnace and recently a new Bosch dishwasher. Nice lot on a dead-end street, enjoy the decks off the dining and primary bedroom. The bonus room downstairs leads out to a patio space and winds around to a fully fenced yard including a firepit and two sheds. All this with space for your RV and a garage! Come see this gem for yourself and check out all the lovely details. This bright and cozy home makes beach living so delightful! Priced to sell, this one surely won't last long.

Last Agent to Sell the Property

Norma Mace

Realty One Group Prestige License #201244489 Listed on: 09/14/2023

Realty One Group Prestige

Last Buyer's Agent

Hilary Herman

Realty One Group Prestige License #201214475

Realty One Group Prestige

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Split Level Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,991 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Fire Pit

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 56886

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Split, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Appliances: BuiltinOven, BuiltinRange, Dishwasher, FreeStandingRefrigerator, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialLowerLevel: 1
  • BathroomsTotalLowerLevel: 0.1
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt10000to14999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Fenced, FirePit, Patio, RVParking
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.0
  • Parcel #: 56886

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2319.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2009
Sold by
Fannie Mae
Bought by
Ficker Michael J and Ficker Krysti
Current Estimated Value
$558,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,448
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2009
Sold by
Tanner Nolan S and Tanner Mindy D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2008
Sold by
Osburn Olson Llc
Bought by
Tanner Nolan S and Tanner Mindy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Ficker Michael J $242,500 Ticor Title Ins Co
Federal National Mortgage Association $337,099 Pacific Title Company
Tanner Nolan S $405,000 Pacific Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Shelton Glen $485,000
Closed Ficker Michael J $66,500
Closed Ficker Michael J $229,000
Closed Ficker Michael J $247,979
Closed Ficker Michael J $247,448
Previous Owner Tanner Nolan S $384,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $550,000 +1.9% $276 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $540,000 -- $271 / 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 $2,559 $223,775 -- --
2023 $2,391 $208,812 $0 $0
2022 $2,319 $202,731 $0 $0
2021 $2,368 $196,827 $0 $0
2020 $2,284 $191,095 $0 $0
2019 $2,225 $185,530 $0 $0
2018 $2,144 $180,127 $0 $0
2017 $2,088 $174,882 $0 $0
2016 $1,803 $169,790 $61,059 $108,731
2015 $1,744 $164,846 $59,281 $105,565
2014 $1,658 $160,046 $0 $0
2013 -- $155,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23315827

Regional Multiple Listing Service (RMLS)

APN: 56886