NOT LISTED FOR SALE

2044 N Ocean Ave Gearhart, OR 97138

Estimated Value: $1,630,000 - $2,189,000

7 Beds
5 Baths
3,580 Sq Ft
$546/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $1,475,000 $412 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,159/month

30 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Private Yard
  • Maid or Guest Quarters
  • 2 Fireplaces
  • Covered patio or porch

About This Home

As of April 2021

This Gearhart oceanfront property lives large. Contemporary house featuring two distinct residences, which allow for flexibility in use and income potential. Currently a successful permitted vacation rental with strong Summer 2021 bookings. Featuring expansive ocean views, two open concept living spaces with kitchens, and direct access to the beach via a private path. Also includes an elevator, geothermal heat & a/c, gas fireplaces, & hardwood floors. Ask for the Special Features list!

Last Agent to Sell the Property

Julia Radditz

Totem Properties LLC License #200504308 Listed on: 02/16/2021

Last Buyer's Agent

Nader Sabahi

RE/MAX Equity Group License #861000154

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,412

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Level Lot
  • Private Yard
  • Property is zoned UGB

HOA Fees

  • $38 per month

Parking

  • Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Vinyl Clad Windows
  • First Floor Utility Room
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Unfinished Basement

  • Partial Basement
  • Basement Storage

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Utilities

  • Geothermal Heating and Cooling
  • Heating System Uses Gas
  • Tankless Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,412

Year Built

Built in 2008

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Contemporary, Custom Style
  • Sq Ft Calculated: 3580
  • Sq Ft Approximate Total: 3580
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 2008
  • Property Condition: Approximately
  • Remarks Public: This Gearhart oceanfront property lives large. Contemporary house featuring two distinct residences, which allow for flexibility in use and income potential. Currently a successful permitted vacation rental with strong Summer 2021 bookings. Featuring expansive ocean views, two open concept living spaces with kitchens, and direct access to the beach via a private path. Also includes an elevator, geothermal heat & a/c, gas fireplaces, & hardwood floors. Ask for the Special Features list!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Caregiver Quarters, Walk-in Shower, Main Floor Bedroom w/Bath, Utility Room On Main, Accessible Elevator Installed
  • Additional Room Features: Bathroom, Wall to Wall Carpet
  • Additional Rooms: 5th Bedroom, 4th Bedroom, 2nd Master Bedroom
  • All Room Features: Bathroom, Ceiling Fan(s), Dishwasher, Eat Bar, Fireplace, Hardwood Floors, Kitchen, Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-in Shower, Wall to Wall Carpet, Soaking Tub, Free-Standing Range, Free-Standing Refrigerator, Quartz
  • Main Level Bathrooms: 2.1
  • Total Bathrooms: 4.1
  • Fireplace Description: Gas
  • Fireplaces: 2
  • Interior Amenities: Central Vacuum, Ceiling Fan(s), Garage Door Opener, Laundry, Tile Floor, Washer/Dryer, Wall to Wall Carpet, Soaking Tub, Elevator, Separate Living Quarters/Apartment/Aux Living Unit, Wood Floors, 3rd Floor
  • Kitchen Appliances: Dishwasher, Gas Appliances, Island, Free-Standing Refrigerator, Stainless Steel Appliance(s), Quartz, Free-Standing Gas Range
  • Legal Description: Metes & Bounds
  • Sq Ft Main Level: 1790
  • Upper Level Sq Ft: 1790
  • Bedrooms: 7
  • Master Bedroom: Features: Bathroom, Walk-in Shower, Wall to Wall Carpet, Soaking Tub,On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 4
  • Partial Bathrooms: 1
  • Basement: Partial Basement, Unfinished, Storage Space
  • Dining Room: Features: Hardwood Floors, Vaulted Ceiling(s),On Level: Upper
  • Family Room: Features: Ceiling Fan(s), Fireplace, Hardwood Floors, Kitchen, Living Room/Dining Room Combo,On Level: Main
  • Living Room: Features: Ceiling Fan(s), Fireplace, Hardwood Floors, Vaulted Ceiling(s),On Level: Upper
  • Kitchen: Features: Dishwasher, Eat Bar, Hardwood Floors, Free-Standing Range, Free-Standing Refrigerator, Quartz,On Level: Upper
  • Additional Room 1: Description: 2nd Master Bedroom,Features: Bathroom, Wall to Wall Carpet,On Level: Main
  • Additional Room 2: Description: 4th Bedroom,Features: Wall to Wall Carpet,On Level: Main
  • Additional Room 3: Description: 5th Bedroom,Features: Wall to Wall Carpet,On Level: Main
  • Bathrooms Main Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 5
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Cedar, Shingle Siding
  • Exterior Features: Covered Patio, Patio, Porch, Yard, Guest Quarters, Covered Deck
  • Lot Size: 1-2.99AC
  • Roof Type: Composition
  • View: Ocean, Territorial, Dunes
  • Waterfront Description: Ocean Front
  • Waterfront: Yes
  • Water Name: Pacific Ocean
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached, Tuck-Under
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas, Geothermal
  • Hot Water: Tankless
  • Sewer: Standard Septic
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Internet Service Type: Cable

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Payment Frequency: Annually
  • HOA: Yes
  • Association Amenities: Road Maintenance

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Level, Ocean Beach 1/4 Mile or Less
  • Acres: 1.37
  • Zoning: UGB
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 12390.02
  • Assessor Parcel Number: 55381
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Bagheri-Garakani Ahmad
Bought by
Garakani Family Trust
Current Estimated Value
$1,994,737

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 16, 2021
Sold by
Kessi Robert K and Kessi Carrie L
Bought by
Bagheri Garakani Ahmad and Bagheri Hossein Memar
Seller's Agent
Julia Radditz
Totem Properties LLC
Buyer's Agent
Nader Sabahi
RE/MAX Equity Group
List Price
$1,590,000
Sold Price
$1,475,000
Premium/Discount to List
-$115,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$737,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2010
Sold by
Kessi Robert K
Bought by
Kessi Robert K and Kessi Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Brix Chad E
Bought by
Kessi Robert K

Purchase Details

Closed on
Apr 24, 2008
Sold by
Pierce John C and Pierce Judith S
Bought by
Brix Chad E

Purchase Details

Closed on
Jun 23, 2006
Sold by
Ralston Timothy R
Bought by
Pierce John and Pierce Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Garakani Family Trust -- --
Bagheri Garakani Ahmad $1,475,000 Ticor Title Ins Co
Kessi Robert K -- Ticor Title Ins Co
Kessi Robert K $687,500 Multiple
Brix Chad E -- Multiple
Pierce John $650,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagheri Garakani Ahmad $737,500
Previous Owner Kessi Robert K $505,000
Previous Owner Kessi Robert K $500,000
Previous Owner Kessi Robert K $500,000
Previous Owner Brix Chad $227,500
Previous Owner Pierce John $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $1,475,000 -7.2% $412 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $1,590,000 -- $444 / 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 $14,412 $1,130,448 -- --
2023 $13,965 $1,097,523 $0 $0
2022 $13,605 $1,065,557 $0 $0
2021 $13,307 $1,034,522 $0 $0
2020 $12,390 $968,289 $0 $0
2019 $11,847 $940,088 $0 $0
2018 $11,632 $912,708 $0 $0
2017 $11,204 $886,125 $0 $0
2016 $9,722 $860,316 $524,679 $335,637
2015 $9,485 $835,260 $509,398 $325,862
2014 $9,206 $810,933 $0 $0
2013 -- $787,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julia Radditz

    Seller's Agent in 2021

    Julia Radditz

    Totem Properties LLC

    (503) 367-9024

    107 Total Sales

    Section Image
  • Nader Sabahi

    Buyer's Agent in 2021

    Nader Sabahi

    RE/MAX

    7 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21282214

Regional Multiple Listing Service (RMLS)

APN: 55381

Oregon Clatsop County Gearhart 97138

2044 N Ocean Ave, Gearhart, OR

This home is located at 2044 N Ocean Ave, Gearhart, OR 97138 since 16 February 2021 and is currently estimated at $1,954,620, approximately $545 per square foot. This property was built in 2008. 2044 N Ocean Ave is a home located in Clatsop County with nearby schools including Seaside High School.

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