$280,000
$39K PRICE DROP

3217 N North Bank Rd Otis, OR 97368

Rose Lodge Neighborhood

Estimated payment $1,669/month

Total Views 24,464
10 Acres
$28,630 Price per Acre
426,017 Sq Ft Lot

Highlights

  • 9.78 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View

About This Lot

INCREDIBLY RARE ACREAGE on North Bank Road totaling 9.78 acres! Build your dream home, shop and/or barn on the lush, flat 5 acres and approx 4.78 hillside acres with timber. Well installed, gas at the street, and septic drainfield installed. Driveway roughed in and circular driveway at road. Dreaming of horses or a hobby farm? Agricultural variance had been received & the buyer could reapply if interested. Space for a barn & pastures. Possibly sub-dividable per Lincoln County (Buyer to do due diligence and verify.) Wildlife abounds here - elk, deer and eagles! Don't miss this opportunity to live in sunny Otis, only minutes to the amenities of Lincoln City's shops, restaurants and world class beaches. Also listed as 'TO BE BUILT' - MLS #25-214.

Listing Agent

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 02/06/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,470

Lot Details

  • 9.78 Acre Lot
  • Level Lot
  • Property is zoned R-1 Residential, Single Family

Property Views

  • Mountain
  • Forest

Mobile Home

  • Mobile Home Allowed

Utilities

  • Gas Available at Street
  • Well
  • Approved Septic System
  • Septic System

Listing and Financial Details

  • Tax Lot 700
  • Assessor Parcel Number 061034D-700-00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,470

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 9.78
  • Lot Size: 298' X 1,468'
  • Lot Size Sq Ft: 426016.8
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Hwy 101 to Otis, North on old Hwy to N Bank Rd. North Bank Rd to property on the left.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: Forest
  • General Property Description:Lot SqFt: 426,016.80
  • General Property Description:_pound_ of Acres: 9.78
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 700
  • Miscellaneous Survey: Recorded
  • Miscellaneous:Manufactured Allowed: Yes
  • Topography:Level: Yes
  • Topography:Steep: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • General Property Description:Lot Dimensions: 298' X 1,468'
  • Septic:Septic In2: Yes
  • Septic:Septic Approval: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Exterior Features

  • View: Mountain

Utilities

  • Utilities: Natural Gas Available
  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 061034D-700-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1470.01
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,428 $110,440 -- --
2023 $1,385 $107,230 $0 $0
2022 $1,346 $104,110 $0 $0
2021 $39 $2,900 $0 $0
2020 $1,250 $98,140 $0 $0
2019 $1,256 $99,060 $0 $0
2018 $1,102 $88,140 $0 $0
2017 $1,034 $84,050 $0 $0
2016 $901 $79,310 $0 $0
2015 $878 $74,020 $0 $0
2014 $842 $70,570 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $800,000 +185.7% $501 / Sq Ft
07/24/2025 07/24/25 Price Changed $280,000 -65.4% --
05/23/2025 05/23/25 Price Changed $810,000 +179.3% $507 / Sq Ft
05/23/2025 05/23/25 Price Changed $290,000 -3.3% --
03/14/2025 03/14/25 Price Changed $299,999 -63.4% --
03/14/2025 03/14/25 Price Changed $819,999 -2.3% $513 / Sq Ft
02/06/2025 02/06/25 For Sale $839,000 +163.0% $525 / Sq Ft
02/06/2025 02/06/25 For Sale $319,000 +105.8% --
03/02/2018 03/02/18 Sold $155,000 +41.1% $159 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $109,876 -- $113 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $116,250 Commercial
Source: Public Records

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

MLS Number: 25-213

APN: R336711