NOT LISTED FOR SALE

1331 N Alvord Ln Otis, OR 97368

Estimated Value: $410,873 - $456,000

1 Bed
1 Bath
1,280 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 08, 2023

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

Est. 4% increase in value since last sale

Current estimated payment $2,561/month

Highlights

  • Home fronts a creek
  • A-Frame Home
  • No HOA
  • Creek or Stream View
  • Deck
  • Beamed Ceilings

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 Listed By

Heather Duncan

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1999

Lot Details

  • 0.94 Acre Lot
  • Home fronts a creek
  • Irregular Lot
  • Property is zoned R-1 Residential, Single

Home Design

  • A-Frame Home
  • Metal Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Creek or Stream Views
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Shop

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Propane
  • Tankless Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Bear Creek Hideout Subdivision

Listing and Financial Details

  • Tax Lot 2901
  • 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
  • Road Frontage Type: Creek
  • 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
  • Garage Yn: No
  • Year Built: 1999
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Creek
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.94
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2901
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: A-Frame
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Flooring:Tile2: Yes
  • Water:Community: Yes
  • Ceiling:Beam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Vinyl, Tile
  • Interior Amenities: Beamed Ceilings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Creek
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shop, Shed
  • Roof: Metal

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Ductless Heat Pump
  • Heating Yn: Yes
  • Water Source: Community
  • Gas/Propane: Yes
  • Sewer Septic: Yes
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

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

Tax Info

  • Tax Annual Amount: 2073.46
  • 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
Out of Area
OUT OF AREA
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$426,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,968
Avg. Annual Appreciation
2.36%
Original Mortgage
$348,500
Outstanding Balance
$342,071
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$84,897

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

Range of Values:

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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 Change Sq Ft Price
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: 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
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

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

MLS Number: 22-1969

APN: R521454