NOT LISTED FOR SALE

628 7th St Gearhart, OR 97138

Estimated Value: $422,000 - $462,000

2 Beds
1 Bath
850 Sq Ft
$526/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $320,000 $376 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,608/month

98 Days on Market

Highlights

  • Deck
  • Private Yard
  • Laundry Room
  • 1 Fireplace
  • Attached Garage

About This Home

As of October 2020

Updated cozy cottage in Gearhart located in a quiet area. Offers open floor plan, exposed fir beams, touches of tongue &g groove knotty pine, plenty of outdoor space for fresh air fun. Home is positioned on lot for any desired expansion. 2013 updates include: 30 year roofing, north siding, plumbing, wiring, windows, appliances, flooring, efficient gas fireplace, electric cadet heaters, gas range, and gas hot water heater. Septic system installed approx 1995.

Last Agent to Sell the Property

Melissa Eddy

Windermere Realty Trust License #200108105 Listed on: 06/03/2020

Windermere Realty Trust

Last Buyer's Agent

Melissa Eddy

Windermere Realty Trust License #200108105 Listed on: 06/03/2020

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1916

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Driveway

Home Design

  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Crawl Space
  • Laundry Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Private Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,310

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage, 2 Story
  • Sq Ft Calculated: 850
  • Sq Ft Approximate Total: 850
  • Stories: 2
  • Year Built: 1916
  • Property Condition: Approximately
  • Remarks Public: Updated cozy cottage in Gearhart located in a quiet area. Offers open floor plan, exposed fir beams, touches of tongue &g groove knotty pine, plenty of outdoor space for fresh air fun. Home is positioned on lot for any desired expansion. 2013 updates include: 30 year roofing, north siding, plumbing, wiring, windows, appliances, flooring, efficient gas fireplace, electric cadet heaters, gas range, and gas hot water heater. Septic system installed approx 1995.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Utility Room
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Fireplace Description: Gas, Stove
  • Fireplaces: 1
  • Interior Amenities: Laundry
  • Kitchen Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: KRUSES 3RD ADD LT 5, 8 BLK 2
  • Sq Ft Main Level: 610
  • Upper Level Sq Ft: 240
  • Bedrooms: 2
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Utility Room,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Description: Shake Siding
  • Exterior Features: Deck, Yard
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Gas
  • Sewer: Standard Septic
  • Water Description: Public
  • Heating Description: Zoned, Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside

Lot Info

  • Acres: 0.23
  • Zoning: R-1
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 1934.91
  • Assessor Parcel Number: 8202
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Oct 19, 2020
Sold by
Yates Macy and Bradley Claudia
Bought by
Tran Man Minh and Nguyen Cecilia Kim
Seller's Agent
Melissa Eddy
Windermere Realty Trust
Buyer's Agent
Melissa Eddy
Windermere Realty Trust
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%
Current Estimated Value
$446,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,701
Avg. Annual Appreciation
7.61%
Original Mortgage
$256,000
Outstanding Balance
$230,387
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,403

Purchase Details

Closed on
Dec 18, 2012
Sold by
Yates Macy
Bought by
Yates Macy and Bradley Claudia
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
Tran Man Minh $320,000 Pacific Title Company
Yates Macy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Man Minh $256,000
Previous Owner Yates Macy $88,000
Previous Owner Yates Macy $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $320,000 -5.6% $376 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $339,000 -- $399 / 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 $2,310 $201,981 -- --
2023 $2,245 $196,099 $0 $0
2022 $2,178 $190,389 $0 $0
2021 $2,223 $184,845 $0 $0
2020 $1,986 $166,183 $0 $0
2019 $1,935 $161,343 $0 $0
2018 $1,865 $156,645 $0 $0
2017 $1,816 $152,084 $0 $0
2016 $1,568 $147,656 $99,631 $48,025
2015 $1,517 $143,357 $96,730 $46,627
2014 $1,442 $139,182 $0 $0
2013 -- $135,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20191187

Regional Multiple Listing Service (RMLS)

APN: 8202