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88786 Blue Heron Rd

Gearhart, OR 97138

4 bd 3 ba 3,248 sqft Built 1989 Lot 32,234 sqft single_family
Most recent sale
$835,000
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2022 Sold $835,000 MLS #21158337
Jan 1, 2022 Listed $789,000 MLS #21-1342
Mar 19, 2020 Sold $649,900 MLS #19081720
May 15, 2019 Listed $649,900 MLS #19-584
Jan 1, 2016 Listing removed $750,000 RMLS
Oct 1, 2015 Listing removed $750,000 Tillamook
Sep 29, 2015 Listing removed $750,000 Clatsop
Aug 23, 2015 Listed $750,000 MLS #15-852
Aug 19, 2015 Listed $750,000 MLS #15067576
May 30, 2007 Sold $685,000 MLS #7013359
Feb 12, 2007 Listed $685,000 MLS #7013359

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $555,152 $7,141
2020 $538,983 $6,967
2019 $523,286 $6,595
2018 $508,046 $6,435
2017 $493,250 $5,961
2016 $478,884 $5,106
2015 $311,931 $151,072 $463,003 $4,925
2014 $464,937 $4,971
2013 $449,818 $4,828
2012 $451,397 $5,088
2011 $438,251 $5,256
2010 $425,487 $5,196
2008 $389,384 $4,727

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,248 sqft
Lot size
32,234 sqft
ZIP code
97138
City
Gearhart
Street
Blue Heron Rd
Coordinates
46.05124, -123.91903

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,496
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 88786 Blue Heron Rd last sell?
88786 Blue Heron Rd most recently sold on Feb 18, 2022 for $835,000.
What is the current tax assessment for 88786 Blue Heron Rd?
The most recent total assessment for 88786 Blue Heron Rd (year 2021) is $555,152 with $7,141 in property tax.
How does 88786 Blue Heron Rd's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $835,000.
When was 88786 Blue Heron Rd built?
88786 Blue Heron Rd was built in 1989.
How does 88786 Blue Heron Rd compare to others on Blue Heron Rd?
We track 8 other properties on Blue Heron Rd. Browse the list under "Other properties on Blue Heron Rd" to compare beds, baths, and sale history.
What are the property facts for 88786 Blue Heron Rd?
88786 Blue Heron Rd is a 4 bed, 3 bath, 3,248 sqft, 32,234 sqft lot single_family.
Is 88786 Blue Heron Rd a flip candidate?
Yes — 88786 Blue Heron Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 88786 Blue Heron Rd a tax-appeal candidate?
No — 88786 Blue Heron Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.6%
Implied 1-yr
-10.3%
2026 Q3
$507K
2026 Q4
$491.2K
ZIP 97138 — Median Price History + Forecast

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