2997 NE Loop Dr Otis, OR 97368
Neotsu NeighborhoodEstimated payment $6,544/month
Highlights
- RV Access or Parking
- Vaulted Ceiling
- No HOA
- Contemporary Architecture
- Bonus Room
- 1-minute walk to Sand Point Park
About This Home
Beautiful single level lakefront home! this home sits on nearly half an acre of flat, usable land (.46 acre) with direct lake access and boat dock. The open-concept great room is the centerpiece of the home featuring oversized windows that offer large lake views, a spacious kitchen with quartz countertops and durable LVP flooring throughout. The floor plan is a 2 bedroom, 2.5 baths and a versatile bonus room perfect for guests or a home office. Outdoor living is just as inviting with a large backyard and patio that includes a built in firepit making it an ideal setting for gatherings by the water. Additional highlights include a 20x36 RV garage/shop and a whole-home Generac back up generator for peace of mind. A recorded survey and flood elevation certificate are also on file. Property offers a rare combination of a thoughtfully updated home, flat lakefront land and amenities designed for comfort, convenience and recreation.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,432
Year Built
- Built in 1967
Lot Details
- 0.43 Acre Lot
- Property is zoned R-1 Residential, Single Family
Home Design
- Contemporary Architecture
- Metal Roof
Interior Spaces
- 1,895 Sq Ft Home
- Beamed Ceilings
- Vaulted Ceiling
- Gas Fireplace
- Living Room
- Dining Room
- Bonus Room
- Utility Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- Garage
- RV Access or Parking
Outdoor Features
- Separate Outdoor Workshop
Utilities
- Heating Available
- Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Viewpoint Subdivision
Listing and Financial Details
- Assessor Parcel Number 071111AA-1700-00
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,432 | $512,790 | -- | -- |
| 2024 | $5,105 | $403,030 | -- | -- |
| 2023 | $4,943 | $391,300 | $0 | $0 |
| 2022 | $4,799 | $379,910 | $0 | $0 |
| 2021 | $4,452 | $362,090 | $0 | $0 |
| 2020 | $4,363 | $351,550 | $0 | $0 |
| 2019 | $4,204 | $341,320 | $0 | $0 |
| 2018 | $4,120 | $331,380 | $0 | $0 |
| 2017 | $3,921 | $321,730 | $0 | $0 |
| 2016 | $3,629 | $312,360 | $0 | $0 |
| 2015 | $3,558 | $303,270 | $0 | $0 |
| 2014 | $3,464 | $294,440 | $0 | $0 |
| 2013 | -- | $285,870 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $1,150,000 | -2.1% | $607 / Sq Ft | |
| 09/26/2025 09/26/25 | Price Changed | $1,175,000 | -2.1% | $620 / Sq Ft | |
| 08/24/2025 08/24/25 | For Sale | $1,200,000 | +128.6% | $633 / Sq Ft | |
| 12/15/2017 12/15/17 | Sold | $525,000 | -4.4% | $461 / Sq Ft | View Prior Sale |
| 10/15/2017 10/15/17 | Pending | -- | -- | -- | |
| 10/14/2017 10/14/17 | For Sale | $549,000 | -- | $482 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | Lawyers Title | |
| Warranty Deed | $525,000 | Lawyers Title Co | |
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $180,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Closed | $420,000 | New Conventional | |
| Previous Owner | $180,000 | Seller Take Back |
Source: Oregon Coast Multiple Listing Service
MLS Number: LC-104700
APN: R29930
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