2961 NE Loop Dr Otis, OR 97368
Neotsu Neighborhood
2
Beds
2
Baths
1,401
Sq Ft
4,356
Sq Ft Lot
Highlights
- Lake Front
- Vaulted Ceiling
- Furnished
- Deck
- Traditional Architecture
- No HOA
About This Home
As of December 2021Commanding panoramic lake views and south western exposure for sunsets over the water that will soothe the soul. Seamless indoor/outdoor living with glass railed wind protected lakefront deck. Huge vaulted great room with enormous banks of glass. Well-appointed designer kitchen and master suite on the main level. Large loft for additional sleeping area also enjoys big lake views. This property boasts generous lake frontage along with a new retaining wall, shared dock and kayak run. Offered furnished & turnkey. Adjacent to Sand Point Park minutes to town, golf, ocean beaches and casino.
Last Agent to Sell the Property
John Iwamura
JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515
Last Buyer's Agent
Holly Eckles
EXP Realty License #201213566
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
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Composition Roof
- HardiePlank Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,401 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Gas Fireplace
- Window Treatments
- Carpet
- Lake Views
- Security System Owned
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
- Shed
Utilities
- Forced Air Cooling System
- Electricity To Lot Line
- Gas Water Heater
- Septic System
Community Details
- No Home Owners Association
- Viewpoint Subdivision
Listing and Financial Details
- Tax Lot 1500
- Assessor Parcel Number 071111AA-1500-00
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
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,816
Avg. Annual Appreciation
3.95%
Original Mortgage
$534,000
Outstanding Balance
$428,218
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$342,598
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%
Map
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Home Values in the Area
Average Home Value in this Area
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
| 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
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 21-395
APN: R34591
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