NOT LISTED FOR SALE

3005 NE East Devils Lake Rd Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $858,862 - $1,105,000

2 Beds
3 Baths
1,888 Sq Ft
$523/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $799,000 $423 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,038/month

3 Days on Market

Highlights

  • Lake Front
  • 0.69 Acre Lot
  • Contemporary Architecture
  • RV Access or Parking
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2021

Location is everything at the coast! This lakefront home features private boat dock access with 100+ feet of lake frontage. High vaulted ceilings, beautiful cedar throughout, granite counters, wood stove, huge lake view deck, guest studio, garage and a huge 36x36 shop for your toys, hobbies. Private setting -gated entrance.

Last Listed By

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 06/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,557

Year Built

  • Built in 1982

Lot Details

  • 0.69 Acre Lot
  • Lake Front
  • Irregular Lot
  • Property is zoned R-1 Residential, Single

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Lake Views
  • Security System Owned
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Shop

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2101
  • Assessor Parcel Number 071101C-2101-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,557

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056.4
  • Road Surface Type: Paved
  • Directions: Hwy 101 to E Devils Lake Rd. Just south of KOA Campground
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1982
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 30056
  • General Property Description:_pound_ of Acres: 0.69
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2101
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • 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
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Siding:Lap: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • Alarm System:Yes - Owned: Yes
  • Flooring:Tile2: Yes
  • Sewerseptic In: Yes
  • Ceiling:Beam: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet, Tile
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shop, Shed
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3
  • Miscellaneous:RV Parking: Yes

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071101C-2101-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6556.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jun 25, 2021
Sold by
Hashem Mike and Hashem Elizabeth
Bought by
Schmidt Heath and Schmidt Megan
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$799,000
Sold Price
$799,000
Total Days on Market
3
Current Estimated Value
$988,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,216
Avg. Annual Appreciation
6.67%
Original Mortgage
$548,250
Outstanding Balance
$504,938
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$520,787

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jul 28, 2017
Sold by
Ritchey Joan M
Bought by
Hashem Mike and Hashem Elizabeth
Seller's Agent
Norma Thompson
John L Scott Lincoln City
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$599,900
Sold Price
$535,300
Premium/Discount to List
-$64,600
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%

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
Schmidt Heath $799,000 Lawyers Title
Hashem Mike $535,300 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Megan $250,000
Open Schmidt Heath $548,250
Closed Schmidt Heath $130,900
Closed Schmidt Heath $130,900
Previous Owner Ritchey Joan M $297,000
Previous Owner Ritchey Joan M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $799,000 0.0% $423 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $799,000 +49.3% $423 / Sq Ft
08/14/2017 08/14/17 Sold $535,300 -10.8% $272 / Sq Ft
08/10/2017 08/10/17 For Sale $599,900 -- $305 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
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 $6,711 $529,810 -- --
2023 $6,498 $514,380 $0 $0
2022 $6,308 $499,400 $0 $0
2021 $5,962 $484,860 $0 $0
2020 $5,843 $470,740 $0 $0
2019 $5,629 $457,030 $0 $0
2018 $5,447 $443,720 $0 $0
2017 $5,251 $430,800 $0 $0
2016 $4,859 $418,260 $0 $0
2015 $4,765 $406,080 $0 $0
2014 $4,639 $394,260 $0 $0
2013 -- $382,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

MLS Number: 21-207

APN: R438580