NOT LISTED FOR SALE

301 Otter Crest Dr Unit 404-405 Newport, OR 97365

Otter Rock Neighborhood
2 Beds
3 Baths
1,667 Sq Ft
$1,143/mo HOA Fee

Last Sold June 26, 2020

Last sale price $230,000 $138 Per Sq Ft

21 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Zoned Cooling
  • Deck
  • Furnished
  • Carpet

About This Home

As of June 2020

Expansive Ocean view! This 2 bedroom, 2.5 bath, fully furnished loft condo is situated at the top of the hill and offers a panoramic view of the Pacific Ocean, Gull Rock, Yaquina Head lighthouse, coastal forest and feeding whales, when they're in the area. This bright, updated unit offers a full kitchen, living/dining room with fireplace and west wall of windows with a sliding door to the large deck. Main floor bedroom has a full bath, an added window and a wall of windows with sliding door to deck plus there's a loft bedroom and full bath. This condo sleeps up to 10 people and includes a comfortable premium queen American Leather sofa bed. It has been in the rental program for more than 27 years and, over the past eight years, it has averaged $16,500 income to owner each year.
The... Inn at Otter Crest is an ocean front resort property. Amenities include: 35 wooded acres with walking paths, private beach access to Marine Gardens protected beach, heated ocean front swimming pool and hot tub, jetted spa tub, men's and women's saunas, on-site restaurant and conference center, tennis court, exercise room, children's playground and more.
Association dues include: electricity, water, sewer, garbage, local phone, wifi, cable TV, upkeep of grounds, common areas and building exteriors, use of all amenities, front desk service, bell cart service, HOA administration, taxes on the land, insurance on the property as a whole and a reserve fund. The reserve fund is budgeted based on a 30-year reserve study which is updated at regular intervals.

Last Listed By

Danielle Cutler

John L Scott Newport License #200607013 Listed on: 04/25/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1972

HOA Fees

  • $1,143 Monthly HOA Fees

Property Views

  • Ocean
  • Forest

Home Design

  • Metal Roof
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 1,667 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Exclusions: framed photo in 404
  • Tax Lot 90404
  • Assessor Parcel Number 09113200-90404-00

Community Details

Overview

  • Association fees include electricity, trash, internet, sewer, insurance, water
  • Shannon Duffy, Vva Association, Phone Number (541) 601-2018
  • Secondary HOA Phone (541) 601-2018
  • 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

$1,742

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,143 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Lot Size: Condo unit
  • Road Surface Type: Paved
  • Exclusions: framed photo in 404
  • Inclusions: furnishings
  • Subdivision Name: Inn at Otter Crest
  • Directions: Highway 101 to Otter Rock / Otter Crest Loop Rd turn off. Follow Otter Crest Loop Rd to Inn at Otter Crest entrance. Park in one of the lots east of the lobby. Unit 404-405 is in Building W.
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Forest
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90404
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: No
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: Condo unit
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Roof:Metal: Yes
  • Water:Community: Yes
  • Sewer:Community2: Yes
  • Miscellaneous Exclusions: framed photo in 404
  • Foundation:Pilings: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pilings
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 1143.0
  • Association Fee Frequency: Monthly
  • Phone: 541-601-2018
  • 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
  • Association Fee Inclusions:Other11: front desk, bell cart service
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Shannon Duffy, VVA
  • CondoAssociation:Assoc Contact Phone: 541-601-2018
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Electric - Unit: Yes
  • Association Fee Inclusions:Telephone - Unit: Yes

Fee Information

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

Lot Info

  • Parcel #: 09113200-90404-00
  • Zoning: C-T Tourist Commercial

Tax Info

  • Tax Annual Amount: 1741.59
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $230,000 -2.1% $138 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $235,000 -- $141 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 20-829