NOT LISTED FOR SALE

568 Browning Ln Gearhart, OR 97138

Estimated Value: $902,000 - $1,190,000

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold August 03, 2020

Last sale price $126,000

Est. 708% increase in value since last sale

Current estimated payment $6,097/month

91 Days on Market

About This Home

As of August 2020

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 accomodates your dreams. This is the only lot available in this sold out neighborhood

Last Agent to Sell the Property

Pam Ackley

Windermere Realty Trust License #920100149 Listed on: 04/03/2020

Windermere Realty Trust

Co-Listed By

Tim Regan

Windermere Realty Trust License #901100093

Last Buyer's Agent

Judy Paulsen

Windermere Realty Trust License #940800060

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,513

Lot Details

  • Sloped Lot
  • Cleared Lot
  • Property is zoned R1

HOA Fees

  • $90 per month

Utilities

  • High Speed Internet
  • Phone Available

Additional Features

  • Property Views

Community Details

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,513

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Remarks Public: 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 accomodates your dreams. This is the only lot available in this sold out neighborhood
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: North Shore at Gearhart 74

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Mountain(s)
  • View: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Community, Natural Gas Available, Water Available, Phone Available
  • Internet Service Type: Cable

Condo/Co-op/Association

  • HOA Fees: 90
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Association Amenities: Commons

Schools

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

Lot Info

  • Lot Description: Cleared
  • Acres: 0.24
  • Zoning: R1
  • Number Of Lots Total: 1
  • Present Use: Residential
  • Soil Condition: Native
  • Soil Type Classification: Native
  • Land Description: Sloped

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 998.30
  • Assessor Parcel Number: 56428
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Evergreen Construction Llc
Bought by
Miller William T and Miller Lee A
Current Estimated Value
$1,018,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,145
Outstanding Balance
$663,372
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$384,041

Purchase Details

Listed on
Apr 3, 2020
Closed on
Jul 29, 2020
Sold by
Southwick Martin J
Bought by
Evergreen Construction Llc
Seller's Agent
Pam Ackley
Windermere Realty Trust
Buyer's Agent
Judy Paulsen
Windermere Realty Trust
List Price
$140,000
Sold Price
$126,000
Premium/Discount to List
-$14,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.85%
Original Mortgage
$466,900
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 1, 2015
Closed on
May 17, 2018
Sold by
Gearhart Investments Llc
Bought by
Southwick Martin J
Seller's Agent
Pam Ackley
Windermere Realty Trust
Buyer's Agent
Craig Weston
Windermere Realty Trust
List Price
$95,000
Sold Price
$102,000
Premium/Discount to List
$7,000
7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
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 Buyer Sale Price Title Company
Miller William T $793,493 Ticor Title Ins Co
Evergreen Construction Llc $126,000 Ticor Title Company Of Or
Southwick Martin J $102,000 Pacific Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller William T $714,145
Previous Owner Everegren Construction Llc $466,900
Previous Owner Evergreen Construction Llc $466,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $126,000 -10.0% --
07/03/2020 07/03/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $140,000 +37.3% --
05/17/2018 05/17/18 Sold $102,000 +7.4% --
05/07/2018 05/07/18 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 $5,513 $482,075 -- --
2023 $5,359 $468,035 $0 $0
2022 $4,945 $432,246 $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

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20209586

Regional Multiple Listing Service (RMLS)

APN: 56428