$95,000
SOLD OCT 2, 2017

468 Lanthorn Ln Gearhart, OR 97138

0.26 Acre
$365,385 Price per Acre
11,326 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

656 Days on Market

About This Lot

As of January 2022

This is your opportunity to own at Gearhart's fastest growing prestige neighborhood, The Reserve. Near the beach and golf, this spacious lot in an area of fine homes accommodates your dream.

Last Agent to Sell the Property

Tim Regan

Windermere Realty Trust License #901100093 Listed on: 07/01/2015

Windermere Realty Trust

Co-Listed By

Jackie Svensen

Windermere Realty Trust License #951000092

Last Buyer's Agent

Pam Ackley

Windermere Realty Trust License #920100149

Windermere Realty Trust

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,934

Lot Details

  • Property is zoned R1

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$4,934

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: North Shore at Gearhart Lot 120

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Trees/Woods
  • View: Yes
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Community, Electricity Connected, Cable Connected, Phone Connected

Condo/Co-op/Association

  • HOA Fees: 90
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • HOA Includes: Commons, Sewer, Meeting Room, Landscaping

Schools

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

Lot Info

  • Acres: 0.26
  • Zoning: R1
  • Present Use: Residential
  • Topography: Level
  • Soil Condition: Native

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 553.80
  • Assessor Parcel Number: 56347

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 25, 2022
Sold by
Birch Larry W
Bought by
Helms Jeannette and Holstrom David
Seller's Agent
Sylvia Stuck
Windermere Realty Trust
Buyer's Agent
David Leach
Living Room Realty
List Price
$810,000
Sold Price
$815,000
Premium/Discount to List
$5,000
0.62%
Current Estimated Value
$903,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,233
Avg. Annual Appreciation
2.84%
Original Mortgage
$200,000
Outstanding Balance
$186,799
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$712,887

Purchase Details

Listed on
Jan 4, 2018
Closed on
Jul 9, 2018
Sold by
Morrison Built Inc
Bought by
Birch Larry W and Birch Carol A
Seller's Agent
Pam Ackley
Windermere Realty Trust
Buyer's Agent
Tim Regan
Windermere Realty Trust
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 29, 2017
Sold by
Gearhart Investments Llc
Bought by
Morrison Built Inc
Seller's Agent
Tim Regan
Windermere Realty Trust
Buyer's Agent
Pam Ackley
Windermere Realty Trust
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
749.61%
Original Mortgage
$345,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $815,000 None Listed On Document
Warranty Deed $515,000 Pacific Title Co
Warranty Deed $95,000 Pacific Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $200,000 New Conventional
Previous Owner $345,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $815,000 +0.6% $410 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $810,000 +57.3% $408 / Sq Ft
07/16/2018 07/16/18 Sold $515,000 -0.8% $259 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $519,000 +446.3% $261 / Sq Ft
10/02/2017 10/02/17 Sold $95,000 0.0% $48 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
07/01/2015 07/01/15 For Sale $95,000 -- $48 / 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 $4,934 $431,406 -- --
2023 $4,796 $418,841 $0 $0
2022 $4,652 $406,643 $0 $0
2021 $4,749 $394,800 $0 $0
2020 $4,581 $383,302 $0 $0
2019 $4,463 $372,138 $0 $0
2018 $941 $80,818 $0 $0
2017 $916 $78,465 $0 $0
2016 $785 $76,180 $76,180 $0
2015 $708 $72,898 $72,898 $0
2014 $554 $58,318 $0 $0
2013 -- $61,388 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15553707

Regional Multiple Listing Service (RMLS)

APN: 56347