NOT LISTED FOR SALE

160 N Mowitch Way Otis, OR 97368

Estimated Value: $781,000 - $803,691

6 Acres
$133,392 Price per Acre
258,746 Sq Ft Lot

Last Sold August 04, 2017

Last sale price $178,800

Est. 197% increase in value since last sale

Current estimated payment $3,360/month

27 Days on Market

Highlights

  • Private Lot
  • Views
  • Level Lot
  • Wooded Lot
  • Creek or Stream

About This Lot

As of August 2017

Build Your Dream overlooking the Salmon River Estuary on this 5.94 private acre lot in Nechesne Estates. Conveniently located between Lincoln City and Neskowin this property offers old-growth wooded areas as well as meadows and a seasonal stream. Multiple homesite options. Power, water on the property, possible septic.

Last Agent to Sell the Property

MJ Steen

MJ Steen License #960400079 Listed on: 05/19/2017

MJ Steen

Last Buyer's Agent

Janis Hood

Berkshire Hathaway HomeServices NW Real Estate License #200603078

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,638

Lot Details

  • Creek or Stream
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RR-5

HOA Fees

  • $42 per month

Utilities

  • Well

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$4,638

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Manufactured Home Allowed: Yes
  • Remarks Public: Build Your Dream overlooking the Salmon River Estuary on this 5.94 private acre lot in Nechesne Estates. Conveniently located between Lincoln City and Neskowin this property offers old-growth wooded areas as well as meadows and a seasonal stream. Multiple homesite options. Power, water on the property, possible septic.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: NECHESNE ESTATES, LOT 14, MF354-1225

Exterior Features

  • Lot Size: 5 to 6.99 Acres
  • View: River, Territorial, Trees/Woods
  • View: Yes
  • Additional Structure Supplement: No

Utilities

  • Utilities: Electricity Available, Well

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Payment Frequency: Annually
  • HOA: Yes

Association/Amenities

  • Amenities Supplement: No
  • Existing Structures Description: Storage
  • Existing Structures: Yes

Schools

  • Elementary School: Oceanlake
  • High School: Taft
  • School Elementary2: Taft

Lot Info

  • Lot Description: Private, Stream, Wooded
  • Acres: 5.94
  • Zoning: RR-5
  • Farm Supplement: No
  • Present Use: Raw Land
  • Water Rights Supplement: No
  • Soil Condition: Native
  • Land Description: Level, Steep Slope, Gentle Sloping

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 840.02
  • Assessor Parcel Number: R145820

MLS Schools

  • Elementary School: Oceanlake
  • High School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 27, 2017
Sold by
Sundeen Donald R and Elizabeth Sundeen M
Bought by
Cochran Eric M and Cochran Jillian E
Seller's Agent
MJ Steen
MJ Steen
Buyer's Agent
Janis Hood
Berkshire Hathaway HomeServices NW Real Estate
List Price
$188,900
Sold Price
$178,800
Premium/Discount to List
-$10,100
-5.35%
Current Estimated Value
$530,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,063
Avg. Annual Appreciation
20.48%
Original Mortgage
$143,040
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Cochran Eric M $178,800 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Jillian E $357,000
Closed Cochran Eric M $340,000
Closed Cochran Eric M $143,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $178,800 -5.3% --
06/15/2017 06/15/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $188,900 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $4,638 $368,960 -- --
2023 $4,493 $358,220 $0 $0
2022 $3,668 $359,250 $0 $0
2021 $2,637 $256,580 $0 $0
2020 $1,679 $160,820 $0 $0
2019 $1,013 $97,700 $0 $0
2018 $933 $92,110 $0 $0
2017 $888 $87,780 $0 $0
2016 $840 $82,840 $0 $0
2015 $809 $79,750 $0 $0
2014 $774 $76,040 $0 $0
2013 -- $77,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MJ Steen

    Seller's Agent in 2017

    MJ Steen

    MJ Steen

    (503) 730-4576

    112 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Janis Hood

    BHHS Oregon- Northwest

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17138577

Regional Multiple Listing Service (RMLS)

APN: R145820

Oregon Lincoln County Otis 97368

160 N Mowitch Way, Otis, OR

This home is located at 160 N Mowitch Way, Otis, OR 97368 since 19 May 2017 and is currently estimated at $792,346. 160 N Mowitch Way 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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