$43,000
SOLD MAY 21, 2012

30 N New Bridge Rd Otis, OR 97368

2 Beds
2 Baths
1,125 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

52% Below List Price

65 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • No HOA
  • Creek or Stream View
  • Traditional Architecture
  • Living Room

About This Home

As of December 2012

This is a Fannie Mae HomePath property.
Purchase this property for as little as 3% down. This property is approved for Fannie Mae HomePath Renovation Mortgage Financing. This property is to be placed in an upcoming auction. Pre-Auction bids should be submitted at www.auction.com (void where prohibited). All auction properties are subject to a 5% buyer’s premium pursuant to the Auction Terms and

Last Agent to Sell the Property

Mary O'Connor

Coldwell Banker Gesik Realty, Inc Listed on: 03/06/2012

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1966

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Home fronts a creek
  • Property is zoned R-1 Residential, Single Family

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Utility Room
  • Creek or Stream Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Deck
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 061036C-901-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$775

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Creek
  • Lot Size Acres: 0.14
  • Lot Size: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Directions: Hwy 18 to Slick Rock Road, to New Bridge Road, right to property
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1966
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Creek
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.14
  • Location Tax and Other Information:Tax Lot: 901
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 60 x 100
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Utilities:Sewer2: Septic
  • Water: Community
  • Utilities:Electric3: On Property
  • Utilities:Gas3: None
  • Miscellaneous Possession: Neg
  • External Features:Roof: Composition
  • External Features:Siding: Cedar
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck
  • External Features:Street Surface: Gravel
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2

Exterior Features

  • View: Creek

Garage/Parking

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061036C-901-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 775.36
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Dec 18, 2012
Sold by
Pacific Northwest Investments Llc
Bought by
Ness Gary D
Seller's Agent
Kathleen Roff
Legacy Real Estate
Buyer's Agent
Mark Schults
Coast Property & Investment Realty, Inc
List Price
$149,900
Sold Price
$115,500
Premium/Discount to List
-$34,400
-22.95%
Current Estimated Value
$373,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,457
Avg. Annual Appreciation
9.63%
Original Mortgage
$103,950
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2012
Closed on
May 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Pacific Northwest Investments Llc
Seller's Agent
Mary O'Connor
Coldwell Banker Gesik Realty, Inc
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$89,900
Sold Price
$43,000
Premium/Discount to List
-$46,900
-52.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
433.72%
Original Mortgage
$40,000
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2011
Sold by
Johnson Carrie J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 23, 2007
Sold by
Johnson Carrie J
Bought by
Johnson Carrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.3%
Mortgage Type
New Conventional
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 $119,000 Premier Title Of Oregon
Special Warranty Deed $43,000 Fidelity Natl Title Co Of Or
Grant Deed $132,767 Wte
Interfamily Deed Transfer -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,570 New Conventional
Closed $103,950 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2012 12/24/12 Sold $115,500 -22.9% $103 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $149,900 +248.6% $133 / Sq Ft
05/21/2012 05/21/12 Sold $43,000 -52.2% $38 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $89,900 -- $80 / 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 $1,813 $140,640 -- --
2023 $1,757 $136,550 $0 $0
2022 $1,708 $132,580 $0 $0
2021 $1,617 $128,720 $0 $0
2020 $1,586 $124,980 $0 $0
2019 $1,530 $121,340 $0 $0
2018 $1,502 $117,810 $0 $0
2017 $1,432 $114,380 $0 $0
2016 $1,329 $111,050 $0 $0
2015 $1,304 $107,820 $0 $0
2014 $1,271 $104,680 $0 $0
2013 -- $101,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 11-3049

APN: R166805