NOT LISTED FOR SALE

502 Browning Ln Gearhart, OR 97138

Estimated Value: $93,000 - $685,000

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold May 11, 2017

Last sale price $100,000

Est. 192% increase in value since last sale

Current estimated payment $1,638/month

652 Days on Market

About This Home

As of May 2017

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

Jackie Svensen

Windermere Realty Trust License #951000092 Listed on: 07/01/2015

Co-Listed By

Tim Regan

Windermere Realty Trust License #901100093

Last Buyer's Agent

Pam Ackley

Windermere Realty Trust License #920100149

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Lot Details

  • 0.26

Additional Features

  • Property is zoned R1
  • Cable TV Available
  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Lot Details

0

Listing Details

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

Interior Features

  • Legal Description: North Shore at Gearhart Lot 75

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: 56427

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
May 9, 2017
Sold by
Gearhart Lots Llc
Bought by
Olson Gregory W and Olson Valerie B
Seller's Agent
Jackie Svensen
Windermere Realty Trust
Buyer's Agent
Pam Ackley
Windermere Realty Trust
List Price
$95,000
Sold Price
$100,000
Premium/Discount to List
$5,000
5.26%
Current Estimated Value
$291,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,658
Avg. Annual Appreciation
13.54%
Original Mortgage
$78,400
Outstanding Balance
$67,340
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$224,318
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Olson Gregory W $100,000 Pacific Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Gregory W $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $100,000 +5.3% --
04/13/2017 04/13/17 Pending -- -- --
07/01/2015 07/01/15 For Sale $95,000 -- --
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 $1,104 $96,498 -- --
2023 $1,073 $93,688 $0 $0
2022 $1,041 $90,960 $0 $0
2021 $1,062 $88,311 $0 $0
2020 $1,025 $85,739 $0 $0
2019 $998 $83,242 $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

  • J

    Seller's Agent in 2017

    Jackie Svensen

    Windermere Realty Trust

  • Tim Regan

    Seller Co-Listing Agent in 2017

    Tim Regan

    Windermere Realty Trust

    (503) 738-2419

    98 Total Sales

    Tim Regan
    Section Image
  • Pam Ackley

    Buyer's Agent in 2017

    Pam Ackley

    Windermere Realty Trust

    (503) 717-3796

    151 Total Sales

    Pam Ackley
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15210311

Regional Multiple Listing Service (RMLS)

APN: 56427

Oregon Clatsop County Gearhart 97138

502 Browning Ln, Gearhart, OR

This home is located at 502 Browning Ln, Gearhart, OR 97138 since 01 July 2015 and is currently estimated at $291,658. 502 Browning Ln is a home located in Clatsop County with nearby schools including Seaside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes