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198 Marion Ave

Gearhart, OR 97138

2 bd 2 ba 1,000 sqft Built 1952 Lot 14,810 sqft single_family
Most recent sale
$1,200,000
Nov 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $1,200,000 RMLS
Nov 2, 2022 Listing removed Clatsop
Oct 24, 2022 Price changed $1,200,000 Clatsop
Oct 1, 2022 Listed $1,600,000 Clatsop

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $499,840 $5,718
2021 $485,282 $5,837
2020 $471,148 $5,630
2019 $457,426 $5,485
2018 $444,104 $5,287
2017 $431,170 $5,147
2016 $418,613 $4,446
2015 $406,421 $4,299
2014 $394,585 $4,087
2013 $383,093 $4,299
2012 $371,936 $4,373
2011 $361,104 $4,335
2010 $350,588 $3,965
2007 $320,840 $3,591
2006 $311,496 $480

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
14,810 sqft
ZIP code
97138
City
Gearhart
Street
Marion Ave
Coordinates
46.02540, -123.92454

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
$7,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 198 Marion Ave last sell?
198 Marion Ave most recently sold on Nov 21, 2022 for $1,200,000.
What is the current tax assessment for 198 Marion Ave?
The most recent total assessment for 198 Marion Ave (year 2022) is $499,840 with $5,718 in property tax.
How does 198 Marion Ave's assessment compare to its last sale price?
The current assessment is 58.3% below the last sale price of $1,200,000.
When was 198 Marion Ave built?
198 Marion Ave was built in 1952.
How does 198 Marion Ave compare to others on Marion Ave?
We track 8 other properties on Marion Ave. Browse the list under "Other properties on Marion Ave" to compare beds, baths, and sale history.
What are the property facts for 198 Marion Ave?
198 Marion Ave is a 2 bed, 2 bath, 1,000 sqft, 14,810 sqft lot single_family.
Is 198 Marion Ave a flip candidate?
No — 198 Marion Ave does not appear in our flips dataset.
Is 198 Marion Ave a tax-appeal candidate?
No — 198 Marion Ave 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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