NOT LISTED FOR SALE

301 Otter Crest Dr Unit 162-163 Newport, OR 97365

Otter Rock Neighborhood

Estimated Value: $256,335

1 Bed
2 Baths
947 Sq Ft
$1,129/mo HOA Fee

Last Sold June 29, 2022

Last sale price $235,000 $248 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,572/month

59 Days on Market

Highlights

  • Ocean Front
  • Fireplace
  • Zoned Cooling
  • Deck
  • Living Room
  • 1-Story Property

About This Home

As of June 2022

Open and bright double unit, located toward the lower end of the complex. Enjoy your morning coffee while soaking up views of Otter Rock and the Pacific Ocean from the private west facing deck. Unit has new appliances, freshly painted, and new vanity in main bathroom. Studio unit has two queen beds and a full bathroom, attached larger unit features kitchen, dining, full bath and an open living room with a queen bed. Can be used together or separately. HOA dues include ALL utilities, exterior maintenance, and wonderful resort amenities including pool and hot tub. Located just minutes from Newport and Depoe Bay with direct beach access from the resort.

Last Agent to Sell the Property

Craig Richardson

Coldwell Banker Professional Group - Newport License #201235736 Listed on: 04/22/2022

Coldwell Banker Professional Group - Newport

Last Buyer's Agent

Brenda Starr

Brenda Starr, RBN License #200202199

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $977

Year Built

  • Built in 1972

HOA Fees

  • $1,129 Monthly HOA Fees

Home Design

  • Shake Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 947 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Fireplace
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Ocean Views
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Community Sewer or Septic

Additional Features

  • Deck
  • Ocean Front

Listing and Financial Details

  • Tax Lot 90162
  • Assessor Parcel Number 09113200-90162-00

Community Details

Overview

  • Association fees include electricity, trash, internet, sewer, insurance, water
  • Vva Shannon Duffy Association, Phone Number (503) 621-2015
  • Secondary HOA Phone (503) 621-2015
  • Inn At Otter Crest Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$977

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,129 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: Oceanfront
  • Road Surface Type: Paved
  • Subdivision Name: Inn at Otter Crest
  • Directions: From Hwy 101, take Otter Crest Loop to Otter Crest Drive. Follow signs to ''Inn at Otter Crest''. Guest parking is located across from lobby. You can request a ride to the unit from the front desk lobby or walk. Units located in building E.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90162
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: Partial
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Wood: Yes
  • Water:Community: Yes
  • Sewer:Community2: Yes
  • Roof:Shake: Yes
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Water Heater
  • Total Bedrooms: 1

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Shake

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Electric Wall/Zone, Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Community
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 1129.0
  • Association Fee Frequency: Monthly
  • Phone: 503-621-2015
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Internet - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: VVA - Shannon Duffy
  • CondoAssociation:Assoc Contact Phone: (503) 621-2015
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Electric - Unit: Yes
  • Association Fee Inclusions:Telephone - Unit: Yes

Fee Information

  • Association Fee Includes: Electricity, Trash, Internet, Sewer, Insurance, Water

Lot Info

  • Parcel #: 09113200-90162-00
  • Zoning: C-T Tourist Commercial

Tax Info

  • Tax Annual Amount: 976.91
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 28, 2022
Sold by
Sanders Richard L
Bought by
Wilson Sallie
Seller's Agent
Craig Richardson
Coldwell Banker Professional Group - Newport
Buyer's Agent
Brenda Starr
Brenda Starr, RBN
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Current Estimated Value
$256,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,335
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Oct 9, 2013
Sold by
Rendell Richard D
Bought by
Christensen Julius and Christensen Minna
Source: Public Records

Range of Values:

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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
Wilson Sallie $235,000 Western Title
Christensen Julius $55,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Sold $235,000 -6.0% $248 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $250,000 +16.3% $264 / Sq Ft
09/10/2021 09/10/21 Sold $215,000 0.0% $228 / Sq Ft View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $215,000 -- $228 / 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 $1,057 $80,790 -- $80,790
2023 $1,026 $78,440 $0 $0
2022 $997 $76,160 $0 $0
2021 $977 $73,950 $0 $0
2020 $954 $71,800 $0 $0
2019 $884 $69,710 $0 $0
2018 $861 $67,680 $0 $0
2017 $854 $65,710 $0 $0
2016 $832 $63,800 $0 $0
2015 $751 $61,950 $0 $0
2014 $686 $60,150 $0 $0
2013 -- $58,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Richardson

    Seller's Agent in 2022

    Craig Richardson

    Coldwell Banker Professional Group - Newport

    (541) 521-1781

    3 in this area

    38 Total Sales

    Craig Richardson
    Section Image
  • Brenda Starr

    Buyer's Agent in 2022

    Brenda Starr

    Brenda Starr, RBN

    (541) 961-1706

    4 in this area

    113 Total Sales

    Brenda Starr
    Section Image
  • Freddy Saxton

    Seller's Agent in 2021

    Freddy Saxton

    Advantage Real Estate

    (541) 961-2085

    5 in this area

    115 Total Sales

    Freddy Saxton
    Section Image
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Map

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

MLS Number: 22-748

APN: R248928

Oregon Lincoln County Newport 97365 Otter Rock

301 Otter Crest Dr Unit 162-163, Newport, OR

This home is located at 301 Otter Crest Dr Unit 162-163, Newport, OR 97365 since 22 April 2022 and is currently estimated at $256,335, approximately $270 per square foot. This property was built in 1972. 301 Otter Crest Dr Unit 162-163 is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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