NOT LISTED FOR SALE

5160 Drummond Dr Gearhart, OR 97138

Estimated Value: $863,000 - $1,088,000

3 Beds
2.5 Baths
3,156 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $920,500 $292 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,812/month

24 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Bonus Room
  • Mountain View
  • Main Floor Primary Bedroom
  • Granite Countertops

About This Home

As of November 2023

Perched above the street and meticulously cared for, this generous Gearhart Reserve home boasts tasteful finishes and main level living that flows with ease. Cozy up to the gas fireplace after a beach walk, or pull up a seat at the ample kitchen bar counter, this home lives well. The spacious 3 bedroom, 2 and a half bath, one level floor plan offers versatility with an incredible upper bonus room and a 4th bedroom or office option. Lovely grounds, with front and back patios spaces for outdoor enjoyment, and established landscaping. Large garage with additional storage room is sure to please. Make this quality built Reserve home your primary or your escape home, and live the good life in Gearhart.

Last Agent to Sell the Property

Katy Walstra

Windermere Realty Trust License #201209995 Listed on: 09/29/2023

Windermere Realty Trust

Last Buyer's Agent

Tracy Marx

Realty First License #970300213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,175

Year Built

  • Built in 2011

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Private Yard
  • Property is zoned R1

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,156 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • First Floor Utility Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Minimal Steps

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Shared Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 56415

Community Details

Overview

  • The Reserve At Gearhart Homeowners Association, Phone Number (503) 504-4229
  • On-Site Maintenance

Amenities

  • Common Area
  • Meeting Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,175

Year Built

Built in 2011

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2011
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary, Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, MinimalSteps, UtilityRoomOnMain
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, Laundry, TileFloor, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: Den
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Level: Upper
  • Room 6 Description: Office
  • Room 6 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Disposal, Granite, Island, Pantry, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Don Wallace
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • 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, Patio, Porch, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Garage Type: Attached,Oversized
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,Wireless
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank, SharedSeptic
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, MaintenanceGrounds, MeetingRoom
  • Senior Community: No
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly
  • Association Name: The Reserve at Gearhart Homeowners Association
  • Phone: 503-504-4229
  • Association: Yes
  • Association Email: rghoacommittee@gmail.com

Association/Amenities

  • AssociationAddress: 5400 Sheridan Drive, Gearhart, OR 97138
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

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

Lot Info

  • Farm: No
  • Zoning: R1
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 56415

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5174.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 14, 2023
Sold by
Bowman Jeffrey T and Bowman Kathryn S
Bought by
David M & Tracy L Marx Trust and Bowman
Seller's Agent
Katy Walstra
Windermere Realty Trust
Buyer's Agent
Tracy Marx
Realty First
List Price
$965,000
Sold Price
$920,500
Premium/Discount to List
-$44,500
-4.61%
Views
3
Current Estimated Value
$966,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,898
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Aug 29, 2012
Sold by
Bowman Jeffrey T
Bought by
Bowman Kathryn S

Purchase Details

Closed on
Feb 18, 2009
Sold by
Reserve At Gearhart Llc
Bought by
Bowman Jeffrey T
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
David M & Tracy L Marx Trust $920,500 Ticor Title
Bowman Kathryn S -- Pacific Title Company
Bowman Jeffrey T $80,000 Ticor Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $920,500 -4.6% $292 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $965,000 -- $306 / 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 $5,488 $479,870 -- --
2023 $5,335 $465,894 $0 $0
2022 $5,175 $452,325 $0 $0
2021 $5,282 $439,151 $0 $0
2020 $5,095 $426,361 $0 $0
2019 $4,964 $413,944 $0 $0
2018 $4,785 $401,888 $0 $0
2017 $4,658 $390,183 $0 $0
2016 $4,023 $378,819 $95,901 $282,918
2015 $3,891 $367,786 $93,108 $274,678
2014 $3,699 $357,075 $0 $0
2013 -- $346,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23471036

Regional Multiple Listing Service (RMLS)

APN: 56415