NOT LISTED FOR SALE

847 Summit Ave Gearhart, OR 97138

Estimated Value: $839,000 - $948,020

3 Beds
3 Baths
2,496 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $900,000 $361 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,530/month

24 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Private Yard
  • Vaulted Ceiling
  • 2 Fireplaces
  • First Floor Utility Room

About This Home

As of August 2022

Beautifully maintained single level home in the coveted City of Gearhart. Vaulted ceilings w/skylights creates an abundance of natural light. The kitchen is a chef's dream complete w/a built in DBL Oven, gas cooktop & granite counter tops galore. Gather around the island w/friends & family. The master ensuite features your own private spa inspired bathroom. The exterior adorns an immaculate landscaped lawn including raised garden beds, generator & an amazing wrap around deck!

Last Agent to Sell the Property

Ann Westerlund

LUXE Forbes Global Properties License #201228396 Listed on: 07/01/2022

LUXE Forbes Global Properties

Last Buyer's Agent

Nicki Whittle

Cascade Hasson Sotheby's International Realty License #201218506

Cascade Hasson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,976

Year Built

  • Built in 1997

Lot Details

  • Private Yard
  • Raised Garden Beds
  • Property is zoned R1

Parking

  • Attached Garage
  • Oversized Parking
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Shake Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Soaking Tub
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Natural Light
  • First Floor Utility Room
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps
  • Accessible Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,976

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Ranch, 1 Story
  • Sq Ft Calculated: 2496
  • Sq Ft Approximate Total: 2496
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1997
  • Property Condition: Approximately
  • Remarks Public: Beautifully maintained single level home in the coveted City of Gearhart. Vaulted ceilings w/skylights creates an abundance of natural light. The kitchen is a chef's dream complete w/a built in DBL Oven, gas cooktop & granite counter tops galore. Gather around the island w/friends & family. The master ensuite features your own private spa inspired bathroom. The exterior adorns an immaculate landscaped lawn including raised garden beds, generator & an amazing wrap around deck!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level, Minimal Steps, Natural Lighting, Parking, Garage on Main, Main Floor Bedroom w/Bath, Utility Room On Main
  • Additional Room Features: Storage, Tile Floor, Washer/Dryer, Sink, Granite
  • Additional Rooms: Utility Room
  • All Room Features: Bathroom, Ceiling Fan(s), Cook Island, Dishwasher, Fireplace, Formal, Skylight(s), Sliding Doors, Storage, Suite, Tile Floor, Vaulted Ceiling(s), Washer/Dryer, Wall to Wall Carpet, Sink, Built-in Oven, Free-Standing Refrigerator, Wood Floors, Granite, Closet
  • Main Level Bathrooms: 2.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, High Ceilings, High Speed Internet, Soaking Tub, Granite
  • Kitchen Appliances: Cook Island, Dishwasher, Disposal, Gas Appliances, Plumbed For Ice Maker, Double Oven, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s), Free-Standing Gas Range
  • Legal Description: GEARHART CREEKSIDE NO 2 LT 24
  • Sq Ft Main Level: 2496
  • Bedrooms: 3
  • Master Bedroom: Features: Bathroom, Ceiling Fan(s), Sliding Doors, Suite, Wall to Wall Carpet, Closet,On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: None
  • Dining Room: Features: Fireplace, Wood Floors,On Level: Main
  • Family Room: On Level: Main
  • Living Room: Features: Fireplace, Formal, Skylight(s), Vaulted Ceiling(s), Wood Floors,On Level: Main
  • Kitchen: Features: Cook Island, Dishwasher, Sliding Doors, Built-in Oven, Free-Standing Refrigerator, Granite,On Level: Main
  • Additional Room 1: Description: Utility Room,Features: Storage, Tile Floor, Washer/Dryer, Sink, Granite,On Level: Main
  • Bathrooms Main Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Exterior Features: Deck, Patio, Porch, Public Road, Yard, Raised Beds
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • View: Mountain(s)
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached, Oversized
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Community, Septic Tank
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Acres: 0.68
  • Zoning: R1
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 6714.40
  • Assessor Parcel Number: 8113
  • Tax Year: 2021

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 22, 2022
Sold by
Rhodes William H
Bought by
Davis Gerald Arvine and Davis Irene Christine
Seller's Agent
Ann Westerlund
LUXE Forbes Global Properties
Buyer's Agent
Nicki Whittle
Cascade Hasson Sotheby's International Realty
List Price
$949,500
Sold Price
$900,000
Premium/Discount to List
-$49,500
-5.21%
Total Days on Market
24
Views
2
Current Estimated Value
$910,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,005
Avg. Annual Appreciation
1.49%
Original Mortgage
$647,200
Outstanding Balance
$620,420
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$320,812

Purchase Details

Closed on
Jun 15, 2018
Sold by
Rhodes Willaim H and Rhodes Lora R
Bought by
Rhodes William H and Rhodes Tee Lora R
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
Davis Gerald Arvine $900,000 Ticor Title
Rhodes William H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Gerald Arvine $647,200
Previous Owner Rhodes William H $245,400
Previous Owner Rhodes William H $35,647
Previous Owner Rhodes William H $188,850
Previous Owner Rhodes William H $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $900,000 +0.6% $361 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $895,000 -5.7% $359 / Sq Ft
07/01/2022 07/01/22 For Sale $949,500 -- $380 / 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 $6,976 $609,966 -- --
2023 $6,781 $592,201 $0 $0
2022 $6,578 $574,953 $0 $0
2021 $6,714 $558,208 $0 $0
2020 $6,272 $541,950 $0 $0
2019 $6,190 $526,166 $0 $0
2018 $5,801 $510,841 $0 $0
2017 $5,527 $495,963 $0 $0
2016 $4,782 $481,518 $88,170 $393,348
2015 $4,671 $467,494 $85,602 $381,892
2014 $4,378 $453,878 $0 $0
2013 -- $440,659 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22636283

Regional Multiple Listing Service (RMLS)

APN: 8113