NOT LISTED FOR SALE

3545 Ridge Rd Otis, OR 97368

Estimated Value: $988,000 - $1,207,000

3 Beds
3 Baths
2,285 Sq Ft
$463/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $1,007,000 $441 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,119/month

90 Days on Market

Highlights

  • Forest View
  • Wood Flooring
  • Beamed Ceilings
  • Vaulted Ceiling
  • Den
  • 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 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

  • Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,285 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room
  • Den
  • Forest Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater
  • Septic Tank

Community Details

  • Association fees include ground maintenance
  • Association Phone (541) 996-4443
  • Cascade Head Ranch Subdivision

Listing and Financial Details

  • 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
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 35
  • 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.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 2020
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

  • View: Forest
  • Waterfront: No
  • Construction Type: Shake Siding, Cedar
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition
  • View: Forest
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Garage
  • Parking Features: Attached Garage

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Private
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Private
  • Heating: Electric, Forced Air

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1420.0
  • Association Fee Frequency: Annually
  • Phone: 5419964443
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other
  • Association Fee Includes: Maintenance Grounds, Other

Lot Info

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

Tax Info

  • Tax Annual Amount: 5303.06
  • Tax Lot: 700
  • Tax Map Number: 6S1114DD
  • 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
$1,058,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,797
Avg. Annual Appreciation
4.46%
Original Mortgage
$667,000
Outstanding Balance
$658,622
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$400,175

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
Ocean Equity Real Estate & Investments, LLC
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 28, 2017
Sold by
Bonnette David J and Bonnette 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%

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jameson Shari Lee $1,007,000 Ticor Title
Howard Kevin Victor -- Ticor Title
Howard Kevin Victor $575,000 Western Title
Clark Terrence A $45,000 Lawyers Title
Clark Terrence A $45,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jameson Shari Lee $667,000
Previous Owner Howard Kevin Victor $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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% -- View Prior Sale
12/29/2017 12/29/17 Sold $45,000 -58.7% -- View Prior Sale
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: Oregon Coast Multiple Listing Service

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
2025 $6,233 $500,120 $134,320 $365,800
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: Oregon Coast Multiple Listing Service

MLS Number: LC-101899

Oregon Coast Multiple Listing Service

APN: R0224992