NOT LISTED FOR SALE

2951 Salmon River Hwy Otis, OR 97368

Rose Lodge Neighborhood

Estimated Value: $670,000 - $905,000

3 Beds
3 Baths
2,568 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $245,000 $95 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $4,706/month

54 Days on Market

Highlights

  • 2.58 Acre Lot
  • Forest View
  • No HOA
  • Craftsman Architecture
  • Bonus Room
  • Den

About This Home

As of October 2012

Gorgeous home with exposed beams & vaulted ceilings, 3 bedrooms, 2.5 baths on 2.58 flat acres. Bank of America Prequalification required on all offers. Please allow 2-3 business days for seller response.

Last Agent to Sell the Property

Mary O'Connor

Coldwell Banker Gesik Realty, Inc Listed on: 06/27/2012

Last Buyer's Agent

Tammy Ehrenfelt

Coldwell Banker Gesik Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 2007

Lot Details

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

Home Design

  • Craftsman Architecture
  • Composition Roof
  • HardiePlank Siding
  • Concrete Siding

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Forest Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Propane
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 061033B-2103-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,027

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 2.58
  • Lot Size: Irregular
  • Lot Size Sq Ft: 112384.8
  • Road Surface Type: Paved
  • Directions: From Lincoln City, turn left off Hwy 18 onto gravel driveway. Take farthest driveway on the right.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: Yes
  • 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: 2.58
  • Location Tax and Other Information:Tax Lot: 2103
  • General Property Description:Total Bedrooms: 3
  • 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
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:Concrete Composite: Yes
  • Sewerseptic In: Yes
  • Utilities:Sewer2: Septic In
  • Water: Well
  • Utilities:Electric3: On Property
  • Utilities:Gas3: Propane
  • Miscellaneous Possession: Neg
  • External Features:Roof: Composition
  • External Features:Siding: Hardi Plank
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Patio
  • External Features:Street Surface: Gravel
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • View: Forest
  • Foundation Details: Cont/Con
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: City Property
  • HeatingCooling:Electric WallZone: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061033B-2103-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 3026.55
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Montiel Saul Carrasco and Carrasco Yolanda
Bought by
Montiel Saul Carrasco and Carrasco Yolanda
Current Estimated Value
$775,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$70,014
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$640,596

Purchase Details

Closed on
Aug 14, 2017
Sold by
Lutz Peter J and Lutz Joy M
Bought by
Montiel Saul Carrasco and Gutierrez Yolanda Hurtado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2012
Sold by
Karp Joshua S and Karp Anna I
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 7, 2007
Sold by
Knott Ron and Knott Roberta
Bought by
Karp Joshua S and Karp Anna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
6.65%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Montiel Saul Carrasco -- Western Title & Escrow
Montiel Saul Carrasco $400,000 Western Title & Escrow
Bank Of America Na $196,000 Wte
Karp Joshua S $150,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montiel Saul Carrasco $305,000
Closed Montiel Saul Carrasco $320,000
Previous Owner Lutz Peter J $336,000
Previous Owner Lutz Peter J $240,562
Previous Owner Karp Joshua S $373,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $245,000 -16.7% $95 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $294,000 -- $114 / 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 $5,079 $409,000 -- --
2023 $4,917 $397,090 $0 $0
2022 $4,774 $385,530 $0 $0
2021 $4,509 $374,310 $0 $0
2020 $5,312 $436,760 $0 $0
2019 $6,543 $424,040 $0 $0
2018 $4,296 $352,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary O'Connor

    Coldwell Banker Gesik Realty, Inc

  • T

    Buyer's Agent in 2012

    Tammy Ehrenfelt

    Coldwell Banker Gesik Realty, Inc

See All Agents

Map

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

MLS Number: 12-1679

APN: R517415

Oregon Lincoln County Otis 97368 Rose Lodge

2951 Salmon River Hwy, Otis, OR

This home is located at 2951 Salmon River Hwy, Otis, OR 97368 since 27 June 2012 and is currently estimated at $775,520, approximately $301 per square foot. This property was built in 2007. 2951 Salmon River Hwy 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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