$1,200,000
SOLD DEC 27, 2024

2015 N Three Rocks Rd Otis, OR 97368

3 Beds
3 Baths
2,693 Sq Ft
4.61 Acres

Recently Sold

$446 Per Sq Ft

9% Above List Price

83 Days on Market

Highlights

  • River View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • 1-minute walk to Knight County Park

About This Home

As of December 2024

A truly special and very rare property located in one of the most picturesque places on the Oregon Coast. Nestled in the lower estuary at Cascade Head, this dream location is within Oregon's only federally recognized biosphere. 4.61 acres of pristine river front property. The location has to be seen to fully understand the unique and spectacular natural surroundings. Imagine living in your own private nature park. This sanctuary of a home has been improved, polished and meticulously maintained by the current owner. Amazing hiking trails, boat launch, fishing, crabbing, bird watching all at your fingertips on Cascade Head. The gorgeous home boasts hardwood floors, a hot tub, elevated deck and views from everywhere. Just 6 miles from the convenience of Lincoln City. A lifetime opportunity!

Last Agent to Sell the Property

Timothy McNichol

Coldwell Banker Professional Group - Lincoln City License #201227511 Listed on: 09/16/2024

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Timothy McNichol

Coldwell Banker Professional Group - Lincoln City License #201227511 Listed on: 09/16/2024

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,823

Year Built

  • Built in 1966

Lot Details

  • 4.61 Acre Lot
  • River Front
  • Irregular Lot
  • Property is zoned RR-5 Rural 5 acre

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Shake Siding

Interior Spaces

  • 2,693 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Family Room
  • Living Room
  • River Views
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 400
  • Assessor Parcel Number 06112400-400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,823

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 4.61
  • Lot Size: Irregular
  • Lot Size Sq Ft: 200811.6
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: HWY 101 to N Three Rocks Rd. and then approximately 2 miles on the left
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1966
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: River
  • General Property Description:Primary View: River
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 200,812
  • General Property Description:_pound_ of Acres: 4.61
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 400
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: Negotiable
  • General Property Description:Lot Dimensions: Irregular
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Outbuildings:Shed: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Sewerseptic In: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: River
  • Foundation Details: Slab
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Well
  • Water Well: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 06112400-400-00
  • Zoning: RR-5 Rural 5 acre
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4822.97
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Dec 26, 2024
Sold by
Glanville Robert Steven
Bought by
Pearson Family Revocable Trust and Pearson
Seller's Agent
Timothy McNichol
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Timothy McNichol
Coldwell Banker Professional Group - Lincoln City
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Views
58
Current Estimated Value
$1,208,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,830
Avg. Annual Appreciation
1.42%

Purchase Details

Closed on
Jan 6, 2021
Sold by
Klug Rodney E
Bought by
Glanville Robert Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Western Title
Warranty Deed $710,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $497,000 New Conventional
Previous Owner $805,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $1,200,000 +9.1% $446 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $1,100,000 -- $408 / 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 $4,979 $395,640 -- --
2023 $4,823 $384,120 $0 $0
2022 $4,684 $372,940 $0 $0
2021 $4,428 $362,080 $0 $0
2020 $4,342 $351,540 $0 $0
2019 $4,185 $341,310 $0 $0
2018 $4,103 $331,370 $0 $0
2017 $3,907 $321,720 $0 $0
2016 $3,617 $312,350 $0 $0
2015 $3,549 $303,260 $0 $0
2014 $3,457 $294,430 $0 $0
2013 -- $285,860 $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: 24-2058

APN: R299176