NOT LISTED FOR SALE

2961 NE Loop Dr Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $756,000 - $903,000

2 Beds
2 Baths
1,401 Sq Ft
$577/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $675,000 $482 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,323/month

27 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of December 2021

Incredible lake front property boasts breathtaking unobstructed SW views from almost every room in the house! Effortless indoor/outdoor living between open concept main floor living and plexiglass protected private deck. Just steps away from shared dock allows for easy kayak or jet ski entry! Home features soaring vaulted ceilings & gigantic picture windows. Primary bed/bath on main. 2nd BR loft sleeps 6! Updated kitchen & baths. Home comes turn-key & fully furnished.

Last Agent to Sell the Property

Holly Eckles

EXP Realty License #201213566 Listed on: 09/28/2021

Last Buyer's Agent

Justin Hilbert

Knipe Realty ERA Powered License #201212811

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Lake Front
  • Irregular Lot
  • Property is zoned R-1-A Residential

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,401 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Carpet
  • Lake Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Viewpoint Subdivision

Listing and Financial Details

  • Tax Lot 07-11-11-AA-01500-00
  • Assessor Parcel Number 071111AA-1500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,889

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Viewpoint
  • Directions: Hwy 101 to East Devils Lake Rd. Right on NE Loop Drive. NE Loop forks and turns into a one-way road. House will be on your right hand side.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1999
  • 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:Lot SqFt: 4356
  • General Property Description:_pound_ of Acres: 0.1
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1500
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One and One Half
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 07-11-11-AA-01500-00
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Handicap Features:Level Entry: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071111AA-1500-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 3889.15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 30, 2021
Sold by
Larsen Jerry L and Larsen Cathleen E
Bought by
Cuttitta Kelly and Cuttitta Scott
Seller's Agent
Holly Eckles
EXP Realty
Buyer's Agent
Justin Hilbert
Knipe Realty ERA Powered
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$715,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,519
Avg. Annual Appreciation
0.44%
Original Mortgage
$534,000
Outstanding Balance
$428,218
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$257,772

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 6, 2021
Sold by
Nix Barry and Wallace Janice
Bought by
Larsen Jerry L and Larsen Cathleen E
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Holly Eckles
EXP Realty
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$519,200
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 15, 2020
Closed on
Mar 25, 2020
Sold by
Muller Max A
Bought by
Nix Barry and Wallace Janice
Seller's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Dusty Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.08%
Original Mortgage
$244,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2018
Closed on
Apr 10, 2018
Sold by
Arnsberg John S and Arnsberg Carol A
Bought by
Mueller Max A
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Nadine Hankins
Coldwell Banker Gesik Realty, Inc
List Price
$419,000
Sold Price
$409,000
Premium/Discount to List
-$10,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
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
Cuttitta Kelly $667,500 Fidelity National Title
Larsen Jerry L $649,000 Western Title & Escrow
Nix Barry $469,000 Western Title & Escrow
Mueller Max A $409,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuttitta Kelly $534,000
Previous Owner Larsen Jerry L $519,200
Previous Owner Nix Barry $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $675,000 0.0% $482 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $675,000 +4.0% $482 / Sq Ft
04/07/2021 04/07/21 Sold $649,000 0.0% $463 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $649,000 +38.4% $463 / Sq Ft
03/27/2020 03/27/20 Sold $469,000 0.0% $335 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $469,000 +14.7% $335 / Sq Ft
04/12/2018 04/12/18 Sold $409,000 -2.4% $292 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $419,000 -- $299 / 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 $4,467 $352,670 -- --
2023 $4,326 $342,400 $0 $0
2022 $4,199 $332,430 $0 $0
2021 $3,969 $322,750 $0 $0
2020 $3,889 $313,350 $0 $0
2019 $3,747 $304,230 $0 $0
2018 $3,672 $295,370 $0 $0
2017 $3,495 $286,770 $0 $0
2016 $3,169 $278,420 $0 $0
2015 $3,172 $270,320 $0 $0
2014 $3,054 $262,450 $0 $0
2013 -- $254,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Holly Eckles

    EXP Realty

  • J

    Seller's Agent in 2021

    John Iwamura

    JKI Realty

    Section Image

  • J

    Buyer's Agent in 2021

    Justin Hilbert

    Knipe Realty ERA Powered

    Section Image

  • N

    Seller's Agent in 2020

    Nadine Hankins

    Coldwell Banker Professional Group - Lincoln City

  • D

    Seller Co-Listing Agent in 2020

    Dusty Hankins

    Coldwell Banker Professional Group - Lincoln City

  • Dennis Regen

    Seller's Agent in 2018

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    11 in this area

    661 Total Sales

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Map

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

MLS Number: 21-2197

APN: R34591

Oregon Lincoln County Otis 97368 Neotsu

2961 NE Loop Dr, Otis, OR

This home is located at 2961 NE Loop Dr, Otis, OR 97368 since 28 September 2021 and is currently estimated at $807,679, approximately $576 per square foot. This property was built in 1999. 2961 NE Loop Dr 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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