$133,500
SOLD SEP 6, 2024

3330 NE East Devils Lake Rd Otis, OR 97368

3.81 Acres
$35,039 Price per Acre
165,964 Sq Ft Lot

Recently Sold

16% Below List Price

195 Days on Market

Highlights

  • Home fronts a creek
  • No HOA
  • Lot Has A Rolling Slope
  • Forest View

About This Lot

As of September 2024

Bank owed 3.81 acre parcel. Nearby public Lake Access, and just outside Lincoln City, where there is plenty of things to do such as fine art galleries, shopping, parks, casino, sandy beaches and more! Electricity is on property. Currently there is a storage shed with back up generator, as well as a radio tower that is not in use on the property. Property has significant wetlands. Septic has not been applied for. Buyer to complete any due diligence and verification with the county on utility availability and any approved usages or building plans.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 02/09/2024

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,191

Lot Details

  • 3.81 Acre Lot
  • Home fronts a creek
  • Lot Has A Rolling Slope
  • Property is zoned R-1 Residential, Single Family

Property Views

  • Forest Views

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 071101C-2001-00

Property Details

Property Type

Land

Est. Annual Taxes

$1,191

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: Creek
  • Lot Size Acres: 3.81
  • Lot Size: Irregular
  • Lot Size Sq Ft: 165963.6
  • Road Surface Type: Paved
  • Inclusions: Generator, shed
  • Subdivision Name: N/A
  • Directions: East Devils Lake Road to Property, See sign
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 165,964sqft
  • General Property Description:_pound_ of Acres: 3.81
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2001
  • Miscellaneous Survey: Recorded
  • Miscellaneous:Manufactured Allowed: Unknown
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: N/A
  • Topography:Rolling: Yes
  • Gas:None6: Yes
  • Water:None: Yes
  • Sewer:None8: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Exterior Features

  • View: Forest

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071101C-2001-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1190.92
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Sep 4, 2024
Sold by
Oregon Coast Bank
Bought by
Souvignier Blake A
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$159,000
Sold Price
$133,500
Premium/Discount to List
-$25,500
-16.04%
Views
149
Current Estimated Value
$155,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,320

Purchase Details

Closed on
Apr 12, 2024
Sold by
Landers Curtis L
Bought by
Oregon Coast Bank

Purchase Details

Closed on
Dec 5, 2023
Sold by
Lincoln County Credit Union
Bought by
Lincoln County Credit Union and Miller
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $133,500 Lawyers Title
Sheriffs Deed $570,005 None Listed On Document
Sheriffs Deed $570,005 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $755,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $133,500 -10.4% --
08/02/2024 08/02/24 Price Changed $149,000 -6.3% --
02/09/2024 02/09/24 For Sale $159,000 -- --
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 $1,230 $97,090 -- --
2023 $1,191 $94,270 $0 $0
2022 $1,156 $91,530 $0 $0
2021 $1,093 $88,870 $0 $0
2020 $1,071 $86,290 $0 $0
2019 $1,032 $83,780 $0 $0
2018 $934 $77,540 $0 $0
2017 $991 $81,340 $0 $0
2016 $918 $78,980 $0 $0
2015 $900 $76,680 $0 $0
2014 $876 $74,450 $0 $0
2013 -- $72,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 24-230

APN: R431767