NOT LISTED FOR SALE

2823 NE East Devils Lake Rd Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $756,654 - $905,000

3 Beds
2 Baths
1,946 Sq Ft
$439/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $630,000 $324 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,141/month

201 Days on Market

Highlights

  • Boathouse
  • Deck
  • No HOA
  • Lake Front
  • Contemporary Architecture
  • Den

About This Home

As of February 2020

RENOVATED LAKE FRONT LUXURY with boat house and dock. Totally renovated with attention to detail and lake views from every room! Take in the sun setting from private deck off grand master suite loft. Two main level bedrooms, one with private deck. Gorgeous kitchen with gas appliances and granite countertops. French doors off the living room lead to the entertaining deck overlooking the lake. Gravel paths with new steps down to the dock and lake access. Oversized 2 car Garage. Beautifully landscaped front yard. Perfect lakeside escape or vacation rental and close Lincoln City with all the beach has to offer. This home is located in an Opportunity Zone for possible tax advantages! **SEE MATTERPORT VIRTUAL TOUR UNDER PHOTOS!**

Last Agent to Sell the Property

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 06/17/2019

Last Buyer's Agent

Sarah Johnson

Taylor & Taylor Realty Company License #201212037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Irregular Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Cedar Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Boathouse
  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 071112BA-601-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,075

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.28
  • Lot Size: Irreg (see docs for plat)
  • Lot Size Sq Ft: 12196.8
  • Road Surface Type: Paved
  • Directions: Hwy 101 to NE East Devils Lake Rd. to address on west side of road.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1985
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.28
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 601
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: Irreg (see docs for plat)
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Siding:Cedar: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Foundation:PillarPostPier: Yes
  • Outbuildings:Boat House: Yes
  • Roof:Built-Up: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Boat House
  • Roof: Built-Up

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071112BA-601-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 4074.8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Feb 13, 2020
Sold by
Ogden Group Llc
Bought by
Olson Karl Erik Buron
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
Sarah Johnson
Taylor & Taylor Realty Company
List Price
$699,900
Sold Price
$630,000
Premium/Discount to List
-$69,900
-9.99%
Current Estimated Value
$860,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,287
Avg. Annual Appreciation
5.29%
Original Mortgage
$504,000
Outstanding Balance
$451,922
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$383,987

Purchase Details

Closed on
Aug 17, 2018
Sold by
Property Max Llc
Bought by
Ogden Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,623
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2018
Sold by
Hanna Hanna E and Hanna Joyce A
Bought by
Property Max Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,623
Interest Rate
4.5%
Mortgage Type
Commercial
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
Olson Karl Erik Buron $630,000 Western Title & Escrow
Ogden Group Llc $254,000 Wertern Title
Property Max Llc $200,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsonkar Karl Erik Buron $52,600
Open Olson Karl Erik Buron $504,000
Previous Owner Ogden Group Llc $287,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $630,000 -10.0% $324 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
06/17/2019 06/17/19 For Sale $699,900 -- $360 / 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 $5,174 $408,420 -- --
2023 $5,009 $396,530 $0 $0
2022 $4,863 $384,990 $0 $0
2021 $4,596 $373,780 $0 $0
2020 $4,504 $362,900 $0 $0
2019 $4,158 $337,570 $0 $0
2018 $4,075 $327,740 $0 $0
2017 $3,878 $318,200 $0 $0
2016 $3,560 $308,940 $0 $0
2015 $3,520 $299,950 $0 $0
2014 $3,410 $291,220 $0 $0
2013 -- $282,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Graham

    Seller's Agent in 2020

    Amy Graham

    Taylor & Taylor Realty Company

    (541) 992-1050

    9 in this area

    408 Total Sales

    Section Image
  • Sarah Johnson

    Buyer's Agent in 2020

    Sarah Johnson

    Taylor & Taylor Realty Company

    (541) 921-9236

    3 in this area

    158 Total Sales

    Section Image
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Map

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

MLS Number: 19-1558

APN: R403370

Oregon Lincoln County Otis 97368 Neotsu

2823 NE East Devils Lake Rd, Otis, OR

This home is located at 2823 NE East Devils Lake Rd, Otis, OR 97368 since 17 June 2019 and is currently estimated at $853,414, approximately $438 per square foot. This property was built in 1985. 2823 NE East Devils Lake 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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