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CondominiumResidential

1987 Gearhart Green Dr

SEASIDE, OR 97138
0.52 ac
Lot SizeThe size of the land the home sits on, from county records.
Built 19927 floors4 units1,064–1,069 ft²
$1.9M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$486K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$456
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+58.3%vs the Seaside ZIP median sale $/ft² ($288)

Sales Performance

$265K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
50.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+8.7%per yeartypical hold 3.4 yrsfrom 5 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
2013201520192021202220242026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
2013201520192021202220242026

9 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

2 bed
4 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$420K–$420K
1 unit
$467K–$467K
1 unit
$505K–$505K
1 unit
$526K–$526K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.33%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.50%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.2.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.75%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.14%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$498,224
Median tax billThe middle annual property tax bill among the building's units.$2,969
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 702Aug 19, 2026$420,000Unit 704Jun 30, 2026$110,000Unit 704Feb 14, 2024$122,500Unit 703Aug 31, 2022$510,000Unit 703Jun 4, 2021$349,000Unit 702Feb 1, 2019$284,000Unit 702Sep 10, 2015$190,000Unit 703Aug 14, 2015$215,000Unit 701Jul 5, 2013$235,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
57
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
33
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
100
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
21
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.16 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCLATSOP
Lot (acres)The size of the land the home sits on, from county records.0.52
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Gearhart Elementary School
Elementary · Grades KG–5 · 1.0 mi
H
Seaside High SchoolD
High · Grades 9–12 · 3.7 mi
M
Broadway Middle SchoolC-
Middle · Grades 6–8 · 3.7 mi

District: Seaside School District 10

Neighborhood · ZIP 97138These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.298

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.67%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.11,382
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.33 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,096
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,187
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.135 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1987 Gearhart Green Dr # Hoa
$346K
1987 Gearhart Green Dr # 701
2 bd · 2 ba · 1,064 ft²
$467K
1987 Gearhart Green Dr # 702
2 bd · 2 ba · 1,065 ft²
$420K
1987 Gearhart Green Dr # 703
2 bd · 2 ba · 1,068 ft²
$526K
1987 Gearhart Green Dr # 704
2 bd · 2 ba · 1,069 ft²
$505K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1987 Gearhart Green Dr

How many units are in 1987 Gearhart Green Dr, Gearhart, OR?

1987 Gearhart Green Dr, Gearhart, OR has 4 residential units across 7 floors, built in 1992, according to county assessor records.

What is a unit at 1987 Gearhart Green Dr, Gearhart, OR worth?

The median TopHap Estimate across the 4 units at 1987 Gearhart Green Dr, Gearhart, OR is $486,112. That works out to $456 per square foot. Units run from 1,064 to 1,069 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1987 Gearhart Green Dr, Gearhart, OR expensive for Seaside?

Units at 1987 Gearhart Green Dr, Gearhart, OR carry a median of $456 per square foot, 58% above the Seaside median of $288 per square foot.

How often do units sell at 1987 Gearhart Green Dr, Gearhart, OR?

2 units at 1987 Gearhart Green Dr, Gearhart, OR sold in the last 12 months, out of 9 recorded arms-length sales all time. That is a turnover rate of 50.0% of the building per year. The median sale over that period was $265K.

Have units at 1987 Gearhart Green Dr, Gearhart, OR appreciated?

Across 5 repeat sales of the same unit, 1987 Gearhart Green Dr, Gearhart, OR returned a median 8.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 3.4 years.

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