NOT LISTED FOR SALE

161 N Schwartz Rd Otis, OR 97368

Rose Lodge Neighborhood

Estimated Value: $311,000 - $394,000

2 Beds
2 Baths
1,275 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $180,000 $141 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,071/month

92 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Forced Air Cooling System
  • Contemporary Architecture
  • No HOA
  • Living Room

About This Home

As of June 2018

This contemporary home features 2 bedrooms and 2 full baths, open kitchen and living area, partially fenced yard for extra privacy and it is all on just under a half acre. It is only 20 minutes to Spirit Mountain and less then ten minutes to Lincoln City and the beach!

Last Agent to Sell the Property

Mark Schults

Dominion Coast and Valley Real Estate, LLC License #910800126 Listed on: 01/24/2018

Last Buyer's Agent

Mark Schults

Dominion Coast and Valley Real Estate, LLC License #910800126 Listed on: 01/24/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R1-7.5

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Bonus Room
  • Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • No Heating
  • Electricity To Lot Line
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061025CC-110-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.46
  • Lot Size: .46
  • Lot Size Sq Ft: 20037.6
  • Road Surface Type: Gravel
  • Directions: From Hwy 101 head east on Hwy 18 to Salmonberry Ln, go straight up the hill on Schwartz to the address on the left.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1993
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.46
  • Location Tax and Other Information:Tax Lot: 110
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: .46
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Siding:Concrete Composite: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: Nego
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Well
  • HeatingCooling:Gas Forced Air: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061025CC-110-00
  • Zoning: R1-7.5

Tax Info

  • Tax Annual Amount: 1464.42
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
May 21, 2018
Sold by
Leslie Lauretta Joseph and Leslie Lauretta
Bought by
Fye David
Seller's Agent
Mark Schults
Dominion Coast and Valley Real Estate, LLC
Buyer's Agent
Mark Schults
Dominion Coast and Valley Real Estate, LLC
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$347,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,069
Avg. Annual Appreciation
9.87%
Original Mortgage
$181,818
Outstanding Balance
$158,882
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$194,352

Purchase Details

Closed on
Mar 24, 2008
Sold by
Simmons Craig A and Simmons Jean S
Bought by
Leslie Lauretta Joseph and Leslie Lauretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2005
Sold by
Standard Michael J and Standard Julie L
Bought by
Simmons Craig A and Simmons Jean S
Source: Public Records

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
Fye David $180,000 Western Title & Escrow
Leslie Lauretta Joseph $140,000 First American Title Ins Co
Simmons Craig A $132,115 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fye David $181,818
Previous Owner Lauretta Joseph $165,280
Previous Owner Leslie Lauretta Joseph $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $180,000 -7.7% $141 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $195,000 -- $153 / Sq Ft
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 $1,854 $143,990 -- --
2023 $1,797 $139,800 $0 $0
2022 $1,747 $135,730 $0 $0
2021 $1,654 $131,780 $0 $0
2020 $1,622 $127,950 $0 $0
2019 $1,565 $124,230 $0 $0
2018 $1,536 $120,620 $0 $0
2017 $1,464 $117,110 $0 $0
2016 $1,359 $113,700 $0 $0
2015 $1,334 $110,390 $0 $0
2014 $1,301 $107,180 $0 $0
2013 -- $104,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Schults

    Dominion Coast and Valley Real Estate, LLC

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Map

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

MLS Number: 18-193

APN: R216553

Oregon Lincoln County Otis 97368 Rose Lodge

161 N Schwartz Rd, Otis, OR

This home is located at 161 N Schwartz Rd, Otis, OR 97368 since 24 January 2018 and is currently estimated at $353,234, approximately $277 per square foot. This property was built in 1993. 161 N Schwartz Rd 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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