$409,000
SOLD APR 12, 2018

2961 NE Loop Dr Otis, OR 97368

Neotsu Neighborhood
1 Bed
2 Baths
1,401 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$292 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

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

About This Home

As of December 2021

Beautiful lakefront home, with western exposure in a great neighborhood! This 1 bedroom/2 bathroom home with bonus sleeping loft is the perfect size for a weekend getaway or for full time living. Shared dock with the home to the south. Less than a 10 minute drive to multiple beach accesses, the outlet mall, shopping, dining and entertainment.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 03/17/2018

Co-Listed By

B. Kelly Colkitt

Taylor & Taylor Realty Company

Last Buyer's Agent

Nadine Hankins

Coldwell Banker Gesik Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1999

Lot Details

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • 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 3 & 4 ptn
  • Assessor Parcel Number 071111AA-1500-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,495

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: 4,225 Sq Ft
  • Lot Size Sq Ft: 4356.0
  • Road Surface Type: Paved
  • Subdivision Name: Viewpoint
  • Directions: Highway 101 to NE East Devils Lake Rd to NE Loop Drive. Follow road until it becomes one way, house will be on your right.
  • 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:_pound_ of Acres: 0.1
  • Location Tax and Other Information:Tax Lot: 1500
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 4,225 Sq Ft
  • Location Tax and Other Information:Subdv ParcelLot: 3 & 4 ptn
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Con/Post
  • 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: City Property
  • HeatingCooling:Forced Air: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071111AA-1500-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 3495.36
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 30, 2021
Sold by
Larsen Family Trust and Larsen Jerry L
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
$754,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,442
Avg. Annual Appreciation
4.86%
Original Mortgage
$534,000
Outstanding Balance
$420,142
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$387,537

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
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 $667,500 Fidelity National Title
Warranty Deed $649,000 Western Title & Escrow
Warranty Deed $469,000 Western Title & Escrow
Warranty Deed $409,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $534,000 New Conventional
Previous Owner $519,200 Credit Line Revolving
Previous Owner $244,000 New Conventional
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

    654 Total Sales

    Dennis Regen
    Section Image
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Map

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

MLS Number: 18-667

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 and is currently priced at $409,000, approximately $291 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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