NOT LISTED FOR SALE

123 N Spring Dr Otis, OR 97368

Panther Creek Neighborhood

Estimated Value: $87,000

0.31 Acre
$280,645 Price per Acre
13,504 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $130,000

Est. 33% decrease in value since last sale

Current estimated payment $496/month

120 Days on Market

About This Lot

As of September 2023

Corner Double lot in Otis area. Possibilities Abound on this blank canvas - Do you envision a Home and garage, with a nearby pathway that takes you through an arbor covered with blooming wisteria to the garden and maybe a nearby a horseshoe pit??? - all possible with the great southern exposure and seasonal days filled with sun at this location, but still just minutes from Lincoln City.

Last Agent to Sell the Property

Maria Hoffman

Realty One Group At the Beach, License #201219477 Listed on: 03/31/2023

Realty One Group At the Beach,

Last Buyer's Agent

Kathryn Barrilleaux

Realty One Group At the Beach, License #201241334

Realty One Group At the Beach,

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $496

Lot Details

  • 0.31 Acre Lot
  • Dirt Road
  • Sloped Lot
  • Property is zoned R-1-A Residential

Mobile Home

  • Mobile Home Allowed

Utilities

  • Gas Available at Street
  • Septic System

Community Details

  • No Home Owners Association
  • Panther Creek Subdivision

Listing and Financial Details

  • Tax Lot 9200
  • Assessor Parcel Number 061034BC-9200-00

Property Details

Property Type

Land

Est. Annual Taxes

$496

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.6
  • Road Surface Type: Dirt, Paved
  • Subdivision Name: Panther Creek
  • Directions: Hwy 18 to Old Hwy 101 to North Bank Rd to Panther Creek Rd to N Spring Dr, Top of hill, corner lot.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.31
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 9200
  • Miscellaneous Survey: Recorded
  • Miscellaneous:Manufactured Allowed: Yes
  • Topography:Sloped: Yes
  • Gas:At Street3: Yes
  • Electric:On Property2: Yes
  • Septic:Septic In2: Yes
  • Water:Community: Yes
  • Street Surface:Dirt: Yes
  • Special Features: None

Exterior Features

  • View: None
  • Water On Property: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Community, On Property
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: 06-10-34-BC-09100-00 - PANTHER CREEK - 2ND ADDN, BLOCK 13, LOT 12, - 06-10-34-BC-09200-00 PANTHER CREEK - 2ND
  • Parcel #: 061034BC-9200-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 496.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Aug 31, 2023
Sold by
Hartung Steven J and Hartung Cindy A
Bought by
Patricia A Peterson Trust and Peterson
Seller's Agent
Maria Hoffman
Realty One Group At the Beach,
Buyer's Agent
Kathryn Barrilleaux
Realty One Group At the Beach,
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Views
4
Current Estimated Value
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,000
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patricia A Peterson Trust $130,000 Western Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $130,000 -7.1% --
07/30/2023 07/30/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $140,000 -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $268 $18,640 $0 $0
2022 $260 $18,100 $0 $0
2021 $247 $17,580 $0 $0
2020 $528 $20,790 $0 $0
2019 $509 $36,200 $0 $0
2018 $499 $35,150 $0 $0
2017 $476 $34,130 $0 $0
2016 $443 $33,140 $0 $0
2015 $434 $32,180 $0 $0
2014 $422 $31,250 $0 $0
2013 -- $30,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Hoffman

    Seller's Agent in 2023

    Maria Hoffman

    Realty One Group At the Beach,

    (541) 921-3272

    2 in this area

    37 Total Sales

    Section Image

  • K

    Buyer's Agent in 2023

    Kathryn Barrilleaux

    Realty One Group At the Beach,

    (541) 364-1091

    3 in this area

    14 Total Sales

    Section Image
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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 23-522

APN: R270165

Oregon Lincoln County Otis 97368 Panther Creek

123 N Spring Dr, Otis, OR

This home is located at 123 N Spring Dr, Otis, OR 97368 since 31 March 2023 and is currently priced at $87,000. 123 N Spring Dr is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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