NOT LISTED FOR SALE

707 Gearhart Loop Rd Gearhart, OR 97138

Estimated Value: $806,000 - $1,214,000

0.31 Acre
$3,340,752 Price per Acre
13,504 Sq Ft Lot

Last Sold March 10, 2020

Last sale price $128,000

Est. 709% increase in value since last sale

Current estimated payment $5,977/month

7 Days on Market

Highlights

  • Golf Course View
  • Level Lot
  • No Heating
  • No HOA

About This Lot

As of March 2020

THIS IS IT! Ready-to-build lot with golf course view perfect to build your dream home! Located at the north end of Gearhart. This level lot is 0.31 acres and has been surveyed with the corners staked and utilities already present at property. Installed and approved septic system already in place. Located just across from Gearhart Golf Course. It is hard to find lots like this - ready for you to build the perfect home.

Last Agent to Sell the Property

Sarita Dua

Keller Williams Sunset Corridor License #200307018 Listed on: 02/22/2020

Keller Williams Sunset Corridor

Last Buyer's Agent

Pam Birmingham

Windermere Realty Trust License #890700025

Windermere Realty Trust

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,075

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 76' x 179'
  • Level Lot
  • Cleared Lot

Property Views

  • Golf Course Views

Schools

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

Utilities

  • Perc Test Required For Septic Tank
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7985

Property Details

Property Type

Land

Est. Annual Taxes

$1,075

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Cleared
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: GolfCourse

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableConnected, ElectricityConnected, NaturalGasAvailable, PhoneConnected, SepticTank, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R-1
  • Present Use: RawLand
  • Perc Test Description: Approved
  • Perc Test: Yes
  • Soil Condition: Native
  • Soil Type Classification: Native
  • Land Description: Level
  • Lot Size Acres: 0.31
  • Lot Size: 76' x 179'
  • Lot Size Sq Ft: 13503.0
  • Number Of Lots: 1
  • Parcel #: 7985

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 1074.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Mar 10, 2020
Sold by
Duffy Ronald G and Duffy Linda B
Bought by
Spear Greg B and Spear Judith L
Seller's Agent
Sarita Dua
Keller Williams Sunset Corridor
Buyer's Agent
Pam Birmingham
Windermere Realty Trust
List Price
$128,000
Sold Price
$128,000
Current Estimated Value
$1,035,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$907,633
Avg. Annual Appreciation
45.36%

Purchase Details

Closed on
Apr 18, 2014
Sold by
Rausch Richard L and Rausch Margaret M
Bought by
Duffy Ronald G and Duffy Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Spear Greg B $128,000 Fidelity Natl Ttl Co Of Or
Duffy Ronald G $85,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duffy Ronald G $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $128,000 0.0% --
02/28/2020 02/28/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $128,000 -- --
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 $5,841 $510,684 -- --
2023 $5,677 $495,810 $0 $0
2022 $3,108 $271,670 $0 $0
2021 $1,144 $95,077 $0 $0
2020 $1,103 $92,308 $0 $0
2019 $1,075 $89,620 $0 $0
2018 $1,036 $87,010 $0 $0
2017 $1,008 $84,476 $0 $0
2016 $871 $82,016 $82,016 $0
2015 $842 $79,628 $79,628 $0
2014 $801 $77,309 $0 $0
2013 -- $75,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20488711

Regional Multiple Listing Service (RMLS)

APN: 7985