NOT LISTED FOR SALE

301 Otter Crest 224-225 Dr Otterrock, OR 97369

Otter Rock Neighborhood
2 Beds
2.5 Baths
1,669 Sq Ft
$471/mo HOA Fee

Last Sold September 27, 2023

Last sale price $45,000 $27 Per Sq Ft

122 Days on Market

Highlights

  • Ocean View
  • Deck
  • Living Room
  • 35.66 Acre Lot
  • Vaulted Ceiling
  • Zoned Heating

About This Home

As of September 2023

Here is your opportunity to own a turnkey 26.6% deeded interest (fractional ownership) in this ocean-view, blissful loft condo located in the exclusive Inn at Otter Crest Condominiums in Otter Rock, Oregon. Offering 2 well-appointed bedrooms, 2.5 bathrooms, and 1669 sq ft. of open living space. You are greeted with a fully functional galley-style kitchen that leads you to the light and bright living room, boasting floor-to-ceiling windows and vaulted ceilings to stream in all the natural light, forest surroundings, breathtaking ocean views, and endless sunsets. The main-level features the primary bedroom, 1.5 bathrooms, and two sliders to access the deck, one off the living room and the other off the bedroom.Follow the stairs to the upper loft-level, where you will find the 2nd bedroom which is spacious and and features 2 beds and a gracious bathroom/vanity space. The ocean views will instantly draw you outside to your covered deck overlooking the mighty Pacific Ocean. Some of the amenities at the Inn at Otter Crest include: stunning oceanfront property, a fitness center, an activity room, a heated ocean view pool, hot tub, separate women's and men's changing rooms with saunas, a playground, walking trails, beach access that will take your breath away, and the Spyglass restaurant on site. This is where all your coastal living dreams can become a reality! Endless beachcombing, and sightseeing, as well as not far from Newport and Depoe Bay. Here is a rare opportunity to enjoy 26.6% deeded interest out of every year at your very own coastal retreat at the exclusive Inn At Otter Crest, located on 35 sprawling acres of majestic forest and perfectly integrated landscaping with trails leading to the beach. Otter Rock, Oregon is a wonderful place to relax, unwind, and simply enjoy!

Last Listed By

Hannah Katz

Coldwell Banker Professional License #201231711 Listed on: 05/15/2023

Coldwell Banker Professional

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $432

Year Built

  • Built in 1972

Lot Details

  • 36

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Loft
  • Metal Roof
  • Cedar

Interior Spaces

  • 1,669 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Schools

  • Yaquina View Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • No Cooling
  • Zoned Heating
  • Wall Furnace

Community Details

  • Inn At Otter Rock Association, Phone Number (503) 601-2018

Listing and Financial Details

  • Assessor Parcel Number R312550

Property Details

Home Type

Condominium

Est. Annual Taxes

$432

Year Built

Built in 1972

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Resale
  • Property Sub Type: PartiallyOwned
  • Architectural Style: Loft
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.1
  • Interior Amenities: VaultedCeiling, VinylFloor, WalltoWallCarpet
  • Appliances: BuiltinOven, BuiltinRange, Dishwasher, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Association Contact: Shannon Duffy
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres200orMore
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck
  • Lot Size: 200+ Acres
  • Foundation Details: Other
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: Ocean

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 471.0
  • Association Fee Frequency: Monthly
  • Association Name: Inn At Otter Rock
  • Phone: 503-601-2018
  • Association: Yes
  • Association Email: na@gmail.com

Association/Amenities

  • AssociationAddress: N/A
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Zoning: C-T
  • Lot Size Acres: 35.66
  • Lot Size Sq Ft: 1553349.0
  • Parcel #: R312550

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 431.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2025
Sold by
Ricci Jeanette
Bought by
Ricci Jeanette Marie
Total Days on Market
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Outstanding Balance
$74,900
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2025
Sold by
Hansen Lyndon and Moe Ariel
Bought by
Ricci Jeanette Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Outstanding Balance
$74,900
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2024
Sold by
Crane David S
Bought by
Ricci Jeanette Marie

Purchase Details

Listed on
May 15, 2023
Closed on
Oct 5, 2023
Sold by
Maguire Joint Trust
Bought by
Magulre Adam T and Maguire Miyoung
Seller's Agent
Hannah Katz
Coldwell Banker Professional
Buyer's Agent
Hannah Katz
Coldwell Banker Professional
List Price
$47,500
Sold Price
$45,000
Premium/Discount to List
-$2,500
-5.26%
Views
463

Purchase Details

Closed on
May 20, 2022
Sold by
Thomas V Snider Revocable Trust
Bought by
Hansen Lyndon and Moe Ariel

Purchase Details

Closed on
Feb 11, 2022
Sold by
Roberts Living Trust
Bought by
Mansen Lyndon and Moe Ariel

Purchase Details

Closed on
Apr 29, 2021
Sold by
Bishop Patricia J and Bishop Family Living Trust
Bought by
Mooers Michael and Mooers Misty

Purchase Details

Closed on
Feb 1, 2021
Sold by
Roberts Bruce D and Roberts Karen M
Bought by
Roberts Bruce D and Roberts Karen M

Purchase Details

Closed on
Nov 18, 2019
Sold by
Brinegar Ronald J and Brinegar Kathleen E
Bought by
Maguire Adam Thomas and Maguire Miyoung Kang

Purchase Details

Closed on
Aug 6, 2018
Sold by
Wagner J Robert J and Wagner Janine J
Bought by
Crane David S

Purchase Details

Closed on
May 23, 2014
Sold by
Cooney Shirley J
Bought by
Roberts Bruce Dale and Roberts Karen M

Purchase Details

Closed on
Jul 26, 2012
Sold by
Hartog John R
Bought by
Wagner J Robert and Wagner Janine J

Purchase Details

Closed on
Oct 3, 2009
Sold by
Snider Thomas V and Snider Colleen Rae
Bought by
Snider Thomas and Thomas V Snider Revocable Trust

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
Ricci Jeanette Marie -- Western Title
Ricci Jeanette Marie $75,000 Western Title
Ricci Jeanette Marie $35,000 Western Title
Magulre Adam T -- Western Title
Hansen Lyndon $35,000 Lawyers Title
Mansen Lyndon $35,000 Lawyers Title
Mooers Michael $35,000 Western Title & Escrow
Roberts Bruce D -- None Available
Maguire Adam Thomas $30,000 Western Title & Escrow
Crane David S $20,000 First American Title
Roberts Bruce Dale $25,000 Western Title & Escrow
Wagner J Robert $12,900 Western Title & Escrow
Snider Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci Jeanette Marie $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $45,000 -5.3% $27 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $47,500 +5.6% $28 / Sq Ft
08/13/2023 08/13/23 Off Market $45,000 -- --
07/17/2023 07/17/23 Price Changed $47,500 -13.6% $28 / Sq Ft
07/11/2023 07/11/23 Price Changed $55,000 -21.3% $33 / Sq Ft
05/15/2023 05/15/23 For Sale $69,900 -- $42 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,810 $138,320 -- $138,320
2023 $1,756 $134,300 $0 $0
2022 $1,706 $130,390 $0 $0
2021 $1,672 $126,600 $0 $0
2020 $1,634 $122,920 $0 $0
2019 $1,513 $119,340 $0 $0
2018 $1,474 $115,870 $0 $0
2017 $1,462 $112,500 $0 $0
2016 $1,421 $109,230 $0 $0
2015 $1,294 $106,050 $0 $0
2014 $1,196 $102,970 $0 $0
2013 -- $99,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23022906

Regional Multiple Listing Service (RMLS)

APN: R312550