NOT LISTED FOR SALE

1331 N Alvord Ln Otis, OR 97368

Estimated Value: $426,000 - $563,000

1 Bed
1 Bath
1,280 Sq Ft
$375/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $410,000 $320 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,722/month

Highlights

  • A-Frame Home
  • No HOA
  • Separate Outdoor Workshop
  • Bonus Room
  • Beamed Ceilings
  • Cooling Available

About This Home

As of August 2023

Tranquil Creek Front Retreat.
This charming A-frame home posseses an abundance of attributes with an upper deck overlooking the creek. A homestead truly perfect for entertaining family and friends. Also includes stainless steel appliances and a Rinnai tankless water heater/Ductless heat pump.
Surrounded by lush greenery and only a few miles from the city of Otis it serves as a relaxing retreat from city life... A spacious custom built shop for your Boat and RV. The shop is 24X30 with 10 Ft doors and Fully insulated. Sold As Is...
This might be the perfect home for you!

Last Agent to Sell the Property

Heather Duncan

Taylor & Taylor Realty Company License #201218092 Listed on: 06/01/2023

Last Buyer's Agent

Fallback agent

Fall Back Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1999

Lot Details

  • 0.94 Acre Lot
  • Property is zoned R-1 Residential, Single Family

Home Design

  • A-Frame Home
  • Metal Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • Beamed Ceilings
  • Living Room
  • Bonus Room
  • Utility Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Cooling Available
  • Propane
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bear Creek Hideout Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071003DC-2901-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,073

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Lot Size Sq Ft: 40946.4
  • Road Surface Type: Gravel
  • Subdivision Name: Bear Creek Hideout
  • Directions: Hwy 101 North to east on Hwy 18 Approx 6 miles to South on Bear Creek, approx 1.5 miles to the left on Alvord.
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Total Bedrooms: 1
  • Flooring: Tile, Vinyl
  • Interior Amenities: Beamed Ceilings

Exterior Features

  • Lot Features: Irregular Lot
  • Waterfront: Yes
  • Construction Type: T1-11 Type
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s), Workshop
  • Roof: Metal

Utilities

  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Propane, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071003DC-2901-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 2073.46
  • Tax Lot: 2901
  • Tax Map Number: 071003DC
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 4, 2023
Sold by
Maas Petrus E
Bought by
Miller Jason L
Seller's Agent
Heather Duncan
Taylor & Taylor Realty Company
Buyer's Agent
Fallback agent
Fall Back Office
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Views
170
Current Estimated Value
$480,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,147
Avg. Annual Appreciation
6.92%
Original Mortgage
$348,500
Outstanding Balance
$339,294
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$140,853

Purchase Details

Closed on
Jun 15, 2009
Sold by
Hearn Vicki A
Bought by
Maas Petrus E

Purchase Details

Closed on
Apr 5, 2007
Sold by
Hearn Gilbert J
Bought by
Hearn Vicki A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Miller Jason L $410,000 Western Title
Maas Petrus E $80,000 Western Title & Escrow
Hearn Vicki A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jason L $348,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $410,000 -2.4% $320 / Sq Ft
06/01/2023 06/01/23 For Sale $420,000 -- $328 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
Source: Oregon Coast Multiple Listing Service

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
2025 $2,383 $187,510 -- --
2024 $2,327 $182,050 -- --
2023 $2,255 $176,750 $0 $0
2022 $2,191 $171,610 $0 $0
2021 $2,073 $166,620 $0 $0
2020 $2,034 $161,770 $0 $0
2019 $1,961 $157,060 $0 $0
2018 $1,901 $152,490 $0 $0
2017 $1,797 $148,050 $0 $0
2016 $1,644 $143,740 $0 $0
2015 $1,426 $122,560 $0 $0
2014 $1,367 $116,870 $0 $0
2013 -- $96,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-97257

Oregon Coast Multiple Listing Service

APN: R521454