NOT LISTED FOR SALE

177 N Bear Creek Rd Otis, OR 97368

Estimated Value: $736,000 - $920,000

2 Beds
3 Baths
2,391 Sq Ft
$349/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $575,000 $240 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,859/month

25 Days on Market

Highlights

  • Barn
  • RV Garage
  • Forest View
  • Greenhouse
  • Craftsman Architecture
  • Vaulted Ceiling

About This Home

As of September 2020

Custom Built Country Home Mini Estate on approx. 2 acres. High quality thru out, granite counter tops, beautiful wood doors, stainless steel appliances, concrete floors with gas fired radiant heat. High vaulted ceilings, fir and cedar siding, wrap around covered decks. Heated 28' x 36' shop plus a second shop with guest quarters in the loft. There is a barn, fenced pasture, green house and covered RV carport. Beautifully landscaping in a treed secluded setting, about 4.8 miles from Lincoln City.

Last Agent to Sell the Property

Norma Thompson

Cascade Hasson Sotheby's International Realty License #821000057 Listed on: 05/22/2020

Last Buyer's Agent

Michelle Barnes

Coldwell Banker Professional Group - Newport License #201213169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 2011

Lot Details

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

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 2,391 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Den
  • Utility Room
  • Carpet
  • Forest Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Detached Garage
  • RV Garage

Accessible Home Design

  • Handicap Accessible
  • Level Entry For Accessibility

Outdoor Features

  • Covered Patio or Porch
  • Greenhouse
  • Shed
  • Shop

Farming

  • Barn

Utilities

  • Cooling System Powered By Gas
  • Radiant Heating System
  • Electricity To Lot Line
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4101
  • Assessor Parcel Number 061034D-4101-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 2.0
  • Lot Size Sq Ft: 87120.0
  • Road Surface Type: Paved
  • Directions: Take Hwy 18 northeast of Lincoln City approx. 4.8 miles right on Bear Creek Road, house is on the left side.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2011
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 2.0
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4101
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Outbuildings:Green House: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Wood: Yes
  • Handicap Features:Level Entry: Yes
  • Outbuildings:Barn: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Sewerseptic In: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • HeatingCooling:Radiant: Yes
  • Miscellaneous Possession: coe
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Cont/Con, Slab
  • Other Structures: Shop, Shed, RV Garage, Green House, Barn
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes
  • Outbuildings:RV Garage: Yes

Utilities

  • Heating: Radiant
  • Heating Yn: Yes
  • Water Source: Well
  • Water Well: Yes
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061034D-4101-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 4447.61
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 25, 2020
Sold by
Kessler Daniel S
Bought by
Gibbons Gary Lee and Gibbons Linda
Seller's Agent
Norma Thompson
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Michelle Barnes
Coldwell Banker Professional Group - Newport
List Price
$589,900
Sold Price
$575,000
Premium/Discount to List
-$14,900
-2.53%
Current Estimated Value
$833,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,321
Avg. Annual Appreciation
7.59%
Original Mortgage
$450,000
Outstanding Balance
$398,605
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$434,716

Purchase Details

Closed on
Feb 3, 2012
Sold by
Kessler Daniel S and Kessler Rachel R
Bought by
Kessler Daniel S

Purchase Details

Closed on
Jun 17, 2008
Sold by
Shell Rick and Currie David
Bought by
Hall Ben and Hall Sue

Purchase Details

Closed on
Jun 11, 2008
Sold by
Hall Ben and Hall Sue
Bought by
Kessler Daniel S and Kessler Rachel R
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
Gibbons Gary Lee $575,000 Western Title & Escrow
Kessler Daniel S -- None Available
Hall Ben -- Wte
Kessler Daniel S $132,500 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Gary Lee $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $575,000 -2.5% $240 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $589,900 -- $247 / 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 $5,293 $420,930 -- --
2023 $5,127 $408,670 $0 $0
2022 $4,979 $396,770 $0 $0
2021 $4,707 $385,220 $0 $0
2020 $4,615 $374,000 $0 $0
2019 $4,448 $363,110 $0 $0
2018 $4,205 $339,700 $0 $0
2017 $4,004 $329,810 $0 $0
2016 $3,706 $320,210 $0 $0
2015 $3,636 $310,890 $0 $0
2014 $3,527 $301,840 $0 $0
2013 -- $259,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 20-989

APN: R449987