tomo logo

$459,000

Beds
3
Baths
2.0
sq ft
Unknown

1338 Bailey Ln, Seaside, OR 97138

1338 Bailey Ln

Gearhart, OR 97138

  • 2 days on market
This charming single-level gem in East Gearhart is ready to welcome you home! Nestled in a quiet neighborhood, this 3-bedroom, 2-bath retreat offers move-in-ready comfort with space for your personal touch. Enjoy a generous primary suite, vaulted ceilings, and laminate flooring, plus a versatile bonus room—perfect for an office, mudroom, craft space, or whatever suits your needs! Situated on a spacious .31-acre lot, you'll find room to garden, park your RV, and make the most of coastal living.

Details

Property type

Single Family Residence

Est. home value

$492,980

Lot size

0.31 acres

Price per sq ft

Unknown

Year built

2012

Annual property taxes

$2,250.29

HOA

No

Price History

02/21/2025
PortlandOR

PortlandOR #542666384

Listed
$459,000
+38.25%
09/06/2019
PortlandOR

PortlandOR #19439188

Sold
$332,000

Schools & Community

Elementary school: 

Pacific Ridge

Middle school: 

Seaside

High school: 

Seaside

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$185,462
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$236,818
Cash to seller
$185,462

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Summit Mortgage Corp

Loan start date

August 2019

Original loan amount

$265,600

Est. remaining balance

$236,818

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Margaret M Meech

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 1:45 PM

Listing updated: 02/21/2025 at 8:42 PM

Listed by: Judy Paulsen, Windermere Realty Trust Phone #: (503) 738-8522

MLS: PortlandOR #542666384

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