NOT LISTED FOR SALE

Estimated Value: $336,000 - $384,079

2 Beds
1 Bath
1,320 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $324,000 $245 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,138/month

275 Days on Market

Highlights

  • 3.86 Acre Lot
  • Forest View
  • No HOA
  • Deck
  • Ranch Style House
  • Covered patio or porch

About This Home

As of September 2024

Price slashed ! Perfect opportunity for a REHAB loan. Motivated Seller. Submit all offers. Sold in AS-IS condition. Experience the Serenity of the central Oregon Coast in this 2 bed 1 bath all one level home on 3.86 acres in Otis just 15 minutes to Lincoln City. Newer Stainless steel appliances, Newer gas furnace, oversized laundry room, eat in kitchen/dining area, gas fireplace, master bedroom has large walk in closet. Property is full of the natural trees and mature landscaping for added privacy. Detached 1 car garage with new opener, Chicken coop, Covered porch, newer Trex decking, full house Generac back up generator. Sale subject to probate court approval.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 03/14/2024

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1975

Lot Details

  • 3.86 Acre Lot
  • Irregular Lot
  • Property is zoned R-1 Residential, Single

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Gas Fireplace
  • Window Treatments
  • Vinyl Flooring
  • Forest Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • Accessible Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Well
  • Tankless Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Salmon Rapids Hideout Subdivision

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • Tax Lot 2201
  • Assessor Parcel Number 061025CD-2201-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 3.86
  • Lot Size Sq Ft: 168141.6
  • Road Surface Type: Gravel
  • Inclusions: Back up generator
  • Subdivision Name: Salmon Rapids Hideout
  • Directions: Highway 18 East to Salmon Berry Lane, turn right, take 1st left onto North Salmon Berry Lane, then turn right on Labsch, then left on Davis, property is on left hand side of the street, see sign.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1975
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: Yes
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 3.86
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2201
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Tankless
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Covered Porch: Yes
  • Sewerseptic In: Yes
  • Foundation:PillarPostPier: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

Exterior Features

  • Lot Features: Irregular Lot
  • View: Forest
  • Foundation Details: Pillar/Post/Pier, Slab
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061025CD-2201-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2051.3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Sep 17, 2024
Sold by
Cuenod Andree Louise
Bought by
Herring Ethan and Hunt Lillyann
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$425,000
Sold Price
$324,000
Premium/Discount to List
-$101,000
-23.76%
Views
113
Current Estimated Value
$354,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,270
Avg. Annual Appreciation
11.51%
Original Mortgage
$318,131
Outstanding Balance
$316,372
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$37,898

Purchase Details

Closed on
Jan 30, 2024
Sold by
Meldrum Greg
Bought by
Greco Guy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2003
Sold by
Durette Lawrence A
Bought by
Zagurski Lawrence D and Close James
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
Herring Ethan $324,000 Western Title
Greco Guy B -- Western Title
Zagurski Lawrence D $99,900 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herring Ethan $318,131
Previous Owner Greco Guy B $220,000
Previous Owner Cuenod Andree L $561,000
Previous Owner Cuenod Andree L $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $324,000 +1.6% $245 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $319,000 -2.3% $242 / Sq Ft
07/11/2024 07/11/24 Price Changed $326,500 -3.0% $247 / Sq Ft
06/03/2024 06/03/24 Price Changed $336,500 -0.7% $255 / Sq Ft
03/20/2024 03/20/24 Price Changed $339,000 -12.9% $257 / Sq Ft
02/02/2024 02/02/24 Price Changed $389,000 +11.1% $295 / Sq Ft
01/19/2024 01/19/24 Price Changed $350,000 -10.0% $265 / Sq Ft
01/06/2024 01/06/24 Price Changed $389,000 -2.5% $295 / Sq Ft
12/22/2023 12/22/23 Price Changed $399,000 -1.5% $302 / Sq Ft
12/12/2023 12/12/23 Price Changed $405,000 -4.7% $307 / Sq Ft
10/30/2023 10/30/23 For Sale $425,000 -- $322 / 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 $2,116 $165,100 -- --
2023 $2,051 $160,300 $0 $0
2022 $1,993 $155,640 $0 $0
2021 $1,887 $151,110 $0 $0
2020 $1,850 $146,710 $0 $0
2019 $1,785 $142,440 $0 $0
2018 $1,751 $138,300 $0 $0
2017 $1,669 $134,280 $0 $0
2016 $1,548 $130,370 $0 $0
2015 $1,520 $126,580 $0 $0
2014 $1,482 $122,900 $0 $0
2013 -- $119,330 $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: 23-2070

APN: R294455