$270,000
SOLD SEP 5, 2025

373 N Deerlane Dr Otis, OR 97368

1 Bed
1 Bath
576 Sq Ft
0.39 Acres

Recently Sold

$469 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • Home fronts a creek
  • Wood Flooring
  • Covered Patio or Porch
  • Forest View
  • No HOA
  • Living Room

About This Home

As of September 2025

Forested creekside retreat just 10 min from Lincoln City on two tax lots! Nestled above the relaxing sounds of Panther Creek, this lovingly updated home features a wraparound covered deck, mature trees, and a double lot with room to expand. Recent upgrades include new roof, gutters, septic, windows, doors, electric panels, flooring, paint, heaters, kitchen & bath updates, appliances, plumbing, and more. Unique features: hardwood floors from a historic Nelscott church, stained glass fixtures, jewelry box bathroom, greenhouse, and chicken coop. Bonus finished outbuilding with power and water—perfect for hobbies or guests. Ample parking and storage under deck & crawlspace. Peaceful, private, and ready to enjoy full-time or as a getaway!

Last Agent to Sell the Property

Seth Belsey

Harcourts Coast Realty License #201236206 Listed on: 07/24/2025

Harcourts Coast Realty

Last Buyer's Agent

Scott Arehart

Coldwell Banker Professional Group - Lincoln City License #200504553

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1971

Lot Details

  • 0.39 Acre Lot
  • Home fronts a creek
  • Property is zoned R-1-A Residential

Home Design

  • Cabin
  • Composition Roof
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Forest Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Panther Creek Subdivision

Listing and Financial Details

  • Tax Lot 5600
  • Assessor Parcel Number 061033DA-5600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Creek
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988.4
  • Road Surface Type: Gravel
  • Subdivision Name: Panther Creek
  • Directions: From N. North Bank Rd turn onto N. Panther Creek Rd, Rt. on N. Deerlane Dr.
  • Architectural Style: Cabin
  • Garage Yn: No
  • Year Built: 1971
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.39
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 5600
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cabin
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: 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
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Flooring:Wood3: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Covered Porch: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Water:Public: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Wood

Exterior Features

  • View: Forest
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: 061033DA-05700-00
  • Parcel #: 061033DA-5600-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 1524.83
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 22, 2019
Sold by
Scheib David J
Bought by
Landwehr Lea and Taylor Travis
Seller's Agent
Shelli Neal
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Steve Schwend
Coast Real Estate Professionals
List Price
$140,000
Sold Price
$120,350
Premium/Discount to List
-$19,650
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$96,280
Outstanding Balance
$84,992
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$173,882

Purchase Details

Closed on
May 1, 2006
Sold by
Lepschat Walter J and Lepschat Judith E
Bought by
Scheib David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,700
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $120,350 Western Title & Escrow
Warranty Deed $118,500 Wte
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,280 New Conventional
Previous Owner $23,700 Stand Alone Second
Previous Owner $94,800 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $270,000 -6.3% $469 / Sq Ft
07/24/2025 07/24/25 For Sale $288,000 +139.3% $500 / Sq Ft
04/26/2019 04/26/19 Sold $120,350 -14.0% $209 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $140,000 -- $243 / Sq Ft
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 $1,306 $90,590 -- --
2023 $1,265 $87,960 $0 $0
2022 $1,228 $85,400 $0 $0
2021 $1,165 $82,920 $0 $0
2020 $1,140 $80,510 $0 $0
2019 $1,100 $78,170 $0 $0
2018 $1,077 $75,900 $0 $0
2017 $1,027 $73,690 $0 $0
2016 $956 $71,550 $0 $0
2015 $910 $69,470 $0 $0
2014 $899 $67,450 $0 $0
2013 -- $65,490 $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: 25-1687

APN: R477840