NOT LISTED FOR SALE

1568 N Ocean Ave Gearhart, OR 97138

Estimated Value: $1,743,060 - $2,275,000

5 Beds
3 Baths
3,010 Sq Ft
$640/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $1,350,000 $449 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,307/month

108 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • 2 Fireplaces
  • Deck
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of September 2018

Panoramic ocean and Tillamook Head views await at this beautifully remodeled and impeccably cared for home.Located on the coveted beachfront in iconic Gearhart,this classic beach house delivers. Windows throughout capture elevated views of sea. Sold tastefully furnished with 5 bedrooms,3 full baths,and just steps to the surf on your own beach path,there's plenty of room for the family to enjoy classic coastal living at its best.

Last Agent to Sell the Property

Katy Walstra

Windermere Realty Trust License #201209995 Listed on: 04/29/2018

Windermere Realty Trust

Last Buyer's Agent

Katy Walstra

Windermere Realty Trust License #201209995 Listed on: 04/29/2018

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,263

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 2.51 Acre Lot
  • Ocean Front
  • Level Lot
  • Private Yard
  • Property is zoned UGB

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Shingle Siding
  • Cedar

Interior Spaces

  • 3,010 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Natural lighting in basement
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Cork
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Gearhart Elementary School
  • Broadway Middle School
  • Seaside High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 55510

Community Details

Overview

  • Palisades HOA

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,263

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1958
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 13 Features: Deck,Fireplace
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: CorkFloor, Furnished, TileFloor, VinylFloor, WasherDryer
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Lower
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Lower
  • Basement: Daylight, PartiallyFinished
  • Appliances: BuiltinRange, Dishwasher, FreeStandingRefrigerator, GasAppliances, Granite, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • Association Contact: John Crawford
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres1to3
  • 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: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Exterior Features: CoveredPatio, Deck, Yard
  • Lot Size: 1 to 2.99 Acres
  • Waterfront: Yes
  • View: Yes
  • Lot Features: GentleSloping, Level, OceanBeachOneQuarterMileOrLess
  • Water Body Name: Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Flat
  • View: Mountain,Ocean

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas,WoodBurning
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons
  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Palisades HOA
  • Phone: 000-000-0000
  • Association: Yes
  • Association Email: 0

Association/Amenities

  • AssociationAddress: 0
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Gearhart
  • High School: Seaside
  • Middle Or Junior School: Broadway

Lot Info

  • Farm: No
  • Zoning: UGB
  • Lot Size Acres: 2.51
  • Lot Size Sq Ft: 109335.0
  • Parcel #: 55510

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 9263.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Brooks Karen K
Bought by
Kisky Gearhart House Llc
Current Estimated Value
$1,926,020

Purchase Details

Closed on
Sep 16, 2024
Sold by
Richard And Karen Brooks Joint Revocable and Brooks Richard L
Bought by
Brooks Karen K

Purchase Details

Listed on
Apr 29, 2018
Closed on
Sep 21, 2018
Sold by
Carroll John F and Carroll Dianne M
Bought by
Brooks Richard L and Brooks Karen K
Seller's Agent
Katy Walstra
Windermere Realty Trust
Buyer's Agent
Katy Walstra
Windermere Realty Trust
List Price
$1,595,000
Sold Price
$1,350,000
Premium/Discount to List
-$245,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
May 3, 2006
Sold by
Boyle Timothy P and Boyle Mary R
Bought by
Carroll John F and Carroll Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Kisky Gearhart House Llc -- None Listed On Document
Kisky Gearhart House Llc -- None Listed On Document
Brooks Karen K -- None Listed On Document
Brooks Richard L $1,350,000 Ticor Title Ins Co
Carroll John F $625,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll John F $700,000
Closed Brooks Richard L $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $1,350,000 -15.4% $449 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
04/29/2018 04/29/18 For Sale $1,595,000 -- $530 / 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 $14,016 $1,099,429 -- --
2023 $13,582 $1,067,408 $0 $0
2022 $12,643 $990,167 $0 $0
2021 $11,767 $961,328 $0 $0
2020 $9,912 $821,685 $0 $0
2019 $10,404 $886,205 $0 $0
2018 $9,780 $823,081 $0 $0
2017 $9,263 $786,291 $0 $0
2016 $10,547 $933,329 $712,509 $220,820
2015 $10,290 $906,146 $691,757 $214,389
2014 $9,987 $879,754 $0 $0
2013 -- $854,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18332801

Regional Multiple Listing Service (RMLS)

APN: 55510