NOT LISTED FOR SALE

301 Otter Crest Loop Unit 278-9 Otter Rock, OR 97369

Otter Rock Neighborhood

Estimated Value: $178,679

2 Beds
2 Baths
944 Sq Ft
$1,424/mo HOA Fee

Last Sold November 19, 2024

Last sale price $179,000 $190 Per Sq Ft

Current estimated payment $2,514/month

71 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Living Room
  • Deck
  • Double Pane Windows
  • Laundry Room

About This Home

As of November 2024

Step into your coastal paradise! Picture yourself sipping morning coffee on your private ocean facing deck soaking in the panoramic views of Otter Rock and the Pacific Ocean. Both units are newly updated- new appliances, freshly painted interiors, updated flooring and bathrooms. The studio unit includes a full bathroom with a modern designed walk-in shower. The second unit has a dining area, full bath and kitchen. Imagine the allure of sharing this coastal retreat with vacationers seeking an unforgettable getaway. With HOA dues covering utilities, exterior maintenance, and access to resort amenities including a refreshing pool and soothing hot tub, relaxation and enjoyment are guaranteed. The unique property allows for you to join the Otter Crest Resort rental system for income potential where housekeeping and property maintenance is provided as a service, or you can privately manage it as an STR. Conveniently located just minutes from the charming towns of Newport and Depoe Bay, and with direct beach access from the resort, adventure awaits at your doorstep.

Last Listed By

Jordan Matin

Matin Real Estate License #200707018 Listed on: 08/15/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • 1 Common Wall

HOA Fees

  • $1,424 Monthly HOA Fees

Property Views

  • Ocean
  • Woods

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Garage
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

  • Sam Case Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Deck
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Assessor Parcel Number R376301

Community Details

Overview

  • 431 Units
  • Inn At Otter Crest Association, Phone Number (503) 601-2015
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,156

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,424 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 431
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: Dishwasher,KitchenDiningRoomCombo,Microwave
  • Room 13 Features: Deck,Fireplace,SlidingDoors
  • Room 7 Features: Deck,SlidingDoors
  • CondominiumTotalLevels: 2
  • Unit Floor Number: 1
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, MainFloorBedroomBath, OneLevel
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: LaminateFlooring, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, WasherDryer
  • Basement: None
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Stories: 2
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Deck
  • Waterfront: Yes
  • Foundation Details: Block, PillarPostPier
  • View: Yes
  • Lot Features: Commons, Level
  • Road Surface Type: Paved
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean,TreesWoods

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No
  • CondominiumGarageType: Undeeded
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: Community
  • Water Source: Community

Condo/Co-op/Association

  • Unit Location: MainLevel
  • Association Amenities: Commons, ExteriorMaintenance, Pool, SpaHotTub, Utilities
  • Senior Community: No
  • Association Fee: 1424.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Shannon Duffy
  • CondominiumAssociationEmail: FOManager@innatottercrest.com
  • CondominiumAssociationName: Inn At Otter Crest
  • CondominiumAssociationPhone: 503-601-2015
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Sam Case
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Land Lease: No
  • Parcel #: R376301

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1155.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Nov 14, 2024
Sold by
Cash Is King Llc
Bought by
Dotson Cherie
Seller's Agent
Jordan Matin
Matin Real Estate
Buyer's Agent
Russell Xay
Matin Real Estate
List Price
$220,000
Sold Price
$179,000
Premium/Discount to List
-$41,000
-18.64%
Total Days on Market
71
Views
91
Current Estimated Value
$178,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$321
Avg. Annual Appreciation
44.21%

Purchase Details

Closed on
Jun 9, 2022
Sold by
James Naveira
Bought by
Wilson Sallie

Purchase Details

Closed on
Aug 17, 2018
Sold by
Modjtabai Lori
Bought by
Naveira James and Naveira Diana

Purchase Details

Closed on
Jun 15, 2009
Sold by
Willow Creek Llc
Bought by
Gilbert Sharon A

Purchase Details

Closed on
Jun 26, 2007
Sold by
Cronemiller Alan R
Bought by
Willow Creek Llc

Purchase Details

Closed on
Dec 20, 2006
Sold by
Goff Brent and Evans Goff Kristin
Bought by
Cronemiller Alan R and Cronemiller Lee M

Purchase Details

Closed on
May 16, 2006
Sold by
Green Transfer & Storage Co
Bought by
Goff Brent W and Evans Goff Kristin

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
Dotson Cherie $179,000 None Listed On Document
Wilson Sallie $248,650 Western Title
Naveira James $114,000 Western Title & Escrow
Gilbert Sharon A $67,000 First American Title Ins Co
Willow Creek Llc -- First American Title Ins Co
Cronemiller Alan R $60,000 First American Title Ins Co
Goff Brent W $59,000 Wte
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $179,000 -10.5% $190 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/21/2024 10/21/24 Price Changed $199,900 -9.1% $212 / Sq Ft
10/21/2024 10/21/24 For Sale $220,000 0.0% $233 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/16/2024 09/16/24 Price Changed $220,000 -4.3% $233 / Sq Ft
09/05/2024 09/05/24 Price Changed $230,000 -6.1% $244 / Sq Ft
08/30/2024 08/30/24 Price Changed $245,000 -5.8% $260 / Sq Ft
08/15/2024 08/15/24 For Sale $260,000 -- $275 / 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 $1,191 $91,040 -- $91,040
2023 $1,156 $88,390 $0 $0
2022 $1,123 $85,820 $0 $0
2021 $1,101 $83,330 $0 $0
2020 $1,075 $80,910 $0 $0
2019 $996 $78,560 $0 $0
2018 $971 $76,280 $0 $0
2017 $962 $74,060 $0 $0
2016 $836 $66,080 $0 $0
2015 $849 $71,910 $0 $0
2014 $765 $68,090 $0 $0
2013 -- $68,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24681396

Regional Multiple Listing Service (RMLS)

APN: R376301