NOT LISTED FOR SALE

498 N Ocean Ave Gearhart, OR 97138

Estimated Value: $1,298,329

4 Beds
2.5 Baths
2,330 Sq Ft
$557/Sq Ft Est. Value

Last Sold April 26, 2012

Last sale price $635,000 $273 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,335/month

1,039 Days on Market

Highlights

  • Ocean View
  • Deck
  • Private Yard
  • Cape Cod Architecture
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of April 2012

Buy your dream home and let someone else pay for it. Very successful vacation rental. Use it for your beach retreat or family home! This vintage Gearhart home retains the charm of 1910 with all the conveniences of today. Ocean view and easy beach access.

Last Agent to Sell the Property

Barbara Maltman

Windermere Realty Trust License #951000241 Listed on: 06/06/2009

Windermere Realty Trust

Co-Listed By

Deanna Evans

Windermere Realty Trust License #200708115

Last Buyer's Agent

Rinda Shea

Windermere Realty Trust License #200009137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1910

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Wall to Wall Carpet
  • Ocean Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 8852

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: HomeWarranty
  • Year Built: 1910
  • Property Condition: Unknown
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Capecod
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: Fireplace
  • Room 13 Features: Bathroom
  • Special Features: None

Interior Features

  • Accessibility Features: Parking
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: UtilityRoom
  • Room 5 Level: Main
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 121
  • Fifth Bedroom Area: 24
  • Bedroom 7 Area: 121
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 121
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 168
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Exterior Features: Deck, Fenced, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: CornerLot
  • Disclosures: Disclosure
  • Home Warranty: Yes
  • Roof: Composition
  • View: Ocean

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
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 8852

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 3067.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Gary And Christine Roth Llc
Bought by
Roth Gary B and Roth Christine R
Current Estimated Value
$1,298,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$494,205
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$804,124

Purchase Details

Closed on
Sep 30, 2016
Sold by
Roth Gary and Roth Christine
Bought by
Gary & Christine Roth Llc

Purchase Details

Listed on
Jun 6, 2009
Closed on
Apr 23, 2012
Sold by
Dichter Harry M and Dichter Leslie F
Bought by
Roth Gary and Roth Christine R
Seller's Agent
Barbara Maltman
Windermere Realty Trust
Buyer's Agent
Rinda Shea
Windermere Realty Trust
List Price
$987,000
Sold Price
$635,000
Premium/Discount to List
-$352,000
-35.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
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
Roth Gary B -- Ticor
Gary & Christine Roth Llc -- None Available
Roth Gary $635,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Gary B $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2012 04/26/12 Sold $635,000 -35.7% $273 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
06/05/2009 06/05/09 For Sale $987,000 -- $424 / 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 $5,098 $445,786 -- --
2023 $4,956 $432,803 $0 $0
2022 $4,807 $420,198 $0 $0
2021 $4,907 $407,961 $0 $0
2020 $4,733 $396,079 $0 $0
2019 $4,612 $384,543 $0 $0
2018 $4,445 $373,344 $0 $0
2017 $4,327 $362,471 $0 $0
2016 $3,738 $351,915 $192,190 $159,725
2015 $3,615 $341,666 $186,593 $155,073
2014 $3,436 $331,716 $0 $0
2013 -- $322,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 9043949

Regional Multiple Listing Service (RMLS)

APN: 8852