$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

  • Contemporary Architecture
  • Wood Flooring
  • Living Room
  • Vaulted Ceiling
  • No HOA
  • 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
  • Property is zoned RR-5 Rural 5 acre

Home Design

  • Contemporary Architecture
  • Metal Roof

Interior Spaces

  • 2,693 Sq Ft Home
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Family Room
  • Living Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 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
  • 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
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Remodeled
  • Year Built: 1966
  • Special Features: None
  • Year Built: 1966

Interior Features

  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Irregular Lot
  • Waterfront: Yes
  • Construction Type: Shake Siding, Shingle Siding
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Metal

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

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

Tax Info

  • Tax Annual Amount: 4822.97
  • Tax Lot: 400
  • Tax Map Number: 06112400
  • 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
$1,252,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,717
Avg. Annual Appreciation
4.48%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,200,000 Western Title
Warranty Deed $710,000 Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $497,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: Oregon Coast Multiple Listing Service

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
2025 $5,087 $407,500 -- --
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: Oregon Coast Multiple Listing Service

MLS Number: LC-102203

Oregon Coast Multiple Listing Service

APN: R299176