$1,007,000
SOLD NOV 20, 2024

3545 Ridge Rd Otis, OR 97368

3 Beds
3 Baths
2,285 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$441 Per Sq Ft

8% Below List Price

90 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Den
  • Deck
  • Wood Flooring
  • 1-minute walk to Cascade Head Trail

About This Home

As of November 2024

Welcome to Cascade Head Ranch
Experience unparalleled tranquility in this stunning custom-built home, nestled within one of the world's most esteemed biosphere reserves. Cascade Head Ranch offers a unique opportunity to own a piece of paradise in this protected natural haven.
This exquisite residence features expansive cathedral windows that frame breathtaking views of the surrounding forest and the Pacific Ocean. Designed with both comfort and luxury in mind, the home seamlessly blends with its serene environment, providing a perfect retreat from the everyday hustle.
Community Features:
Riverhouse Access: Enjoy exclusive use of the Riverhouse, which includes an outdoor pool situated on the picturesque Salmon River.
The property is nestled on the south side of Cascade Head, with the charming community of Neskowin just over the headland. Cascade Head is a designated nature conservancy site, encompassing 102,110 acres and recognized as part of the world network of biosphere reserves.
Additional Features:
Short-Term Rental Potential: This home is eligible for short-term rental, offering an exceptional opportunity for generating rental income while allowing others to experience the magic of this sacred land. Rental projections are available upon request.
This is more than just a home; it's an invitation to immerse yourself in nature's splendor and contribute to its preservation. Don't miss this rare opportunity to live in harmony with one of the planet's most extraordinary ecosystems and share its beauty with others.

Last Agent to Sell the Property

Michelle Carlon

Berkshire Hathaway HomeServices NW - Netarts License #201208127 Listed on: 08/04/2024

Berkshire Hathaway HomeServices NW - Netarts

Co-Listed By

Kaitlin O'Kane

Berkshire Hathaway HomeServices NW - Portland License #201253974

Last Buyer's Agent

Michelle Carlon

Berkshire Hathaway HomeServices NW - Netarts License #201208127 Listed on: 08/04/2024

Berkshire Hathaway HomeServices NW - Netarts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 2020

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned RR-2 Rural 2 acre

HOA Fees

  • $118 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Forest

Home Design

  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room
  • Den

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Additional Features

  • Ramp on the main level
  • Deck

Community Details

  • Cascade Head Ranch Association, Phone Number (541) 996-4443
  • Visit Association Website
  • Secondary HOA Phone (541) 996-4443
  • Cascade Head Ranch Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 700
  • Assessor Parcel Number 6S1114DD-700-

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,303

Year Built

Built in 2020

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Road Surface Type: Paved
  • Subdivision Name: Cascade Head Ranch
  • Directions: Turn onto N Three Rocks Rd, right onto Savage Rd., right onto Ridge Rd., property will be on the right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2020
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.22
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 700
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Two Story
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Water:Community: Yes
  • Ceiling:Beam: Yes
  • Siding:Shake2: Yes
  • Handicap Features:Ramped Main Level: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

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

Garage/Parking

  • General Property Description:Garage Type: Attached

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Community
  • HeatingCooling:Electric Forced Air: Yes
  • HeatingCooling:Forced Air: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1420.0
  • Association Fee Frequency: Yearly
  • Phone: 541-996-4443
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Other11: Riverhouse, swimming pool, other...
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly
  • CondoAssociation:Assoc Contact Name: Cascade Head Ranch
  • CondoAssociation:Assoc Contact Phone: 5419964443
  • CondoAssociation:Association Website: cascadeheadranch.org

Lot Info

  • Parcel #: 6S1114DD-700-
  • Zoning: RR-2 Rural 2 acre

Tax Info

  • Tax Annual Amount: 5303.06
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Nov 19, 2024
Sold by
Howard Kevin Victor and Fischer Lara N
Bought by
Jameson Shari Lee
Seller's Agent
Michelle Carlon
Berkshire Hathaway HomeServices NW - Netarts
Buyer's Agent
Michelle Carlon
Berkshire Hathaway HomeServices NW - Netarts
List Price
$1,100,000
Sold Price
$1,007,000
Premium/Discount to List
-$93,000
-8.45%
Views
44
Current Estimated Value
$995,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,337
Avg. Annual Appreciation
-1.46%
Original Mortgage
$667,000
Outstanding Balance
$661,912
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$333,751

Purchase Details

Listed on
Nov 19, 2020
Closed on
Mar 5, 2021
Sold by
Clark Terrence A
Bought by
Howard Kevin Victor and Fischer Lara N
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$517,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2017
Closed on
Dec 22, 2017
Sold by
Nbonnette David J and Nbonnette Louise I
Bought by
Clark Terrence A
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Company
List Price
$109,000
Sold Price
$45,000
Premium/Discount to List
-$64,000
-58.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.81%
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 $1,007,000 Ticor Title
Bargain Sale Deed -- Ticor Title
Warranty Deed $575,000 Ticor Title
Warranty Deed $45,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $667,000 New Conventional
Previous Owner $145,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $517,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $1,007,000 -6.5% $441 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
10/19/2024 10/19/24 Price Changed $1,077,000 -2.1% $471 / Sq Ft
08/04/2024 08/04/24 For Sale $1,100,000 +91.3% $481 / Sq Ft
03/05/2021 03/05/21 Sold $575,000 0.0% $256 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
09/22/2019 09/22/19 For Sale $575,000 +1177.8% $256 / Sq Ft
12/29/2017 12/29/17 Sold $45,000 0.0% --
12/29/2017 12/29/17 Sold $45,000 -58.7% --
12/08/2017 12/08/17 Pending -- -- --
12/08/2017 12/08/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $109,000 0.0% --
02/26/2015 02/26/15 For Sale $109,000 -- --
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 $5,883 $485,560 $130,410 $355,150
2023 $5,835 $471,420 $126,610 $344,810
2022 $5,635 $457,690 $122,930 $334,760
2021 $5,303 $444,360 $119,350 $325,010
2020 $1,858 $167,309 $107,239 $60,070
2019 $766 $65,630 $65,630 $0
2018 $861 $73,800 $73,800 $0
2017 $840 $79,500 $79,500 $0
2016 $1,068 $104,120 $104,120 $0
2015 $1,058 $101,090 $101,090 $0
2014 $1,033 $98,150 $98,150 $0
2013 -- $95,300 $95,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 24-1741

APN: R0224992