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847 Summit Ave

Gearhart, OR 97138

3 bd 3 ba 2,500 sqft Built 1997 Lot 18,295 sqft single_family
Most recent sale
$900,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2025 Sold $899,000 Clatsop
Nov 13, 2025 Listed $899,000 Clatsop
Dec 14, 2022 Listing removed $949,500 RMLS
Aug 24, 2022 Sold $900,000 MLS #22636283
Jul 14, 2022 Price changed $895,000 MLS #22-703
Jul 2, 2022 Listed $949,500 MLS #22636283
Jul 1, 2022 Listed $949,500 MLS #22-703
May 22, 2022 Price changed $949,500 MLS #22578970
May 22, 2022 Price changed $949,500 MLS #22-211
Apr 1, 2022 Price changed $980,000 MLS #22578970
Apr 1, 2022 Price changed $980,000 MLS #22578970
Mar 14, 2022 Listed $1,100,000 MLS #22578970
Mar 14, 2022 Listed $1,100,000 MLS #22578970

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $628,264 $6,656
2023 $592,201 $6,780
2022 $574,953 $6,577
2021 $558,208 $6,714
2020 $541,950 $6,271
2019 $526,166 $6,189
2018 $510,841 $5,800
2017 $495,963 $5,526
2016 $481,518 $4,781
2015 $467,494 $4,671
2014 $453,878 $4,377
2013 $440,659 $4,898
2012 $427,825 $4,824
2011 $415,365 $4,987
2010 $403,268 $4,561
2008 $358,100 $4,081
2007 $358,100 $4,008
2006 $347,671 $435

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,500 sqft
Lot size
18,295 sqft
ZIP code
97138
City
Gearhart
Street
Summit Ave
Coordinates
46.02998, -123.91569

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,000
Gross rental yield
6.67%
Implied cap rate
4.33%
Trend-extrapolated value

Frequently asked questions

When did 847 Summit Ave last sell?
847 Summit Ave most recently sold on Aug 24, 2022 for $900,000.
What is the current tax assessment for 847 Summit Ave?
The most recent total assessment for 847 Summit Ave (year 2025) is $628,264 with $6,656 in property tax.
How does 847 Summit Ave's assessment compare to its last sale price?
The current assessment is 30.2% below the last sale price of $900,000.
When was 847 Summit Ave built?
847 Summit Ave was built in 1997.
How does 847 Summit Ave compare to others on Summit Ave?
We track 6 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 847 Summit Ave?
847 Summit Ave is a 3 bed, 3 bath, 2,500 sqft, 18,295 sqft lot single_family.
Is 847 Summit Ave a flip candidate?
No — 847 Summit Ave does not appear in our flips dataset.
Is 847 Summit Ave a tax-appeal candidate?
No — 847 Summit 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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