NOT LISTED FOR SALE

374 N Bear Creek Rd Otis, OR 97368

Estimated Value: $641,404 - $703,000

5 Beds
3 Baths
2,592 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $655,000 $253 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,977/month

166 Days on Market

Highlights

  • Barn
  • RV Garage
  • Deck
  • Home fronts a creek
  • Mountain View
  • Farmhouse Style Home

About This Home

As of March 2024

Excellent Location Near Lincoln City. Stunning open concept home with a plethora of upgrades, on just over a fully fenced Acre with newly remodeled Farmhouse kitchen that features Quartz countertops, a large island & pantry. Custom wall cubbies by your front door. On the ML are 3 br, 2 baths, vinyl plank flooring, welcoming Gas Fireplace to nestle up next to when it is cold. Daylight basement w/3 additional rooms, bathroom, 2nd laundry room as well possible 2nd kitchen. downstairs has a gas fireplace & private entrance. Lounge on the Sun Deck overlooking the meandering creek, fenced Garden w/raised beds, & fruit trees. 36x40 SHOP w/concrete floors & 13ft bay doors. Chicken coop, tree house and mini barn for your animals. AND a NEW SEPTIC. ASSUMABLE LOAN balance ~ 235k at 3.5% Call Now!

Last Listed By

Leah Michelson

Taylor & Taylor Realty Company License #201229785 Listed on: 08/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1963

Lot Details

  • 1.11 Acre Lot
  • Home fronts a creek
  • Irregular Lot
  • Property is zoned RR-2 Rural 2 acre

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Mountain Views
  • Security System Owned
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Car Detached Garage
  • RV Garage

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Shop

Farming

  • Barn

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling
  • Heat Pump System
  • Electricity To Lot Line
  • Spring water is a source of water for the property
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1300
  • Assessor Parcel Number 071003A-1300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,767

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Creek
  • Lot Size Acres: 1.11
  • Lot Size: irregular
  • Lot Size Sq Ft: 48351.6
  • Road Surface Type: Paved
  • Inclusions: Appliances
  • Subdivision Name: N/A
  • Directions: Follow hwy 18 to Bear Creek rd , Follow Bear creek to address on the Right.
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1963
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 48,352
  • General Property Description:_pound_ of Acres: 1.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1300
  • General Property Description:Total Bedrooms: 5
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Farmhouse
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Gas
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: irregular
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Alarm System:Yes - Owned: Yes
  • Water:Spring: Yes
  • Outbuildings:Barn: Yes
  • Water:Community: Yes
  • Sewerseptic In: Yes
  • Miscellaneous:ADU Accessory Dwelling Unit: lower unit
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Irregular Lot
  • View: Mountain
  • Foundation Details: Permanent, Slab
  • Other Structures: Shop, Shed, RV Garage, Barn
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 5
  • Miscellaneous:RV Parking: Yes
  • Outbuildings:RV Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric Wall/Zone, Ductless Heat Pump
  • Heating Yn: Yes
  • Water Source: Community, Spring
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Central AC: Yes
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: 07-10-03-A0-01302-00 small strip west side
  • Parcel #: 071003A-1300-00
  • Zoning: RR-2 Rural 2 acre
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2767.28
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Mar 21, 2024
Sold by
Bartlett Thomas E and Bartlett Veronica A
Bought by
Kemp Langhorne Robert and Tracy Langhorne Tracy
Seller's Agent
Leah Michelson
Taylor & Taylor Realty Company
Buyer's Agent
Michelle Barnes
Coldwell Banker Professional Group - Newport
List Price
$725,000
Sold Price
$655,000
Premium/Discount to List
-$70,000
-9.66%
Total Days on Market
166
Views
199
Current Estimated Value
$673,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,101
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Nov 3, 2016
Sold by
Cox Eric G
Bought by
Bartlett Thomas E and Bartlett Veronica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.48%
Mortgage Type
VA

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 Buyer Sale Price Title Company
Kemp Langhorne Robert $655,000 Western Title
Bartlett Thomas E $276,000 Western Title & Escrow
Cox Eric G -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartlett Thomas E $40,000
Previous Owner Bartlett Veronica A $60,000
Previous Owner Bartlett Thomas E $276,000
Previous Owner Cox Eric G $145,000
Previous Owner Cox Eric G $146,247
Previous Owner Cox Eric G $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $655,000 -1.4% $253 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
10/03/2023 10/03/23 Price Changed $664,000 -1.5% $256 / Sq Ft
09/18/2023 09/18/23 Price Changed $674,000 -0.1% $260 / Sq Ft
09/13/2023 09/13/23 Price Changed $675,000 -6.9% $260 / Sq Ft
08/10/2023 08/10/23 For Sale $725,000 -- $280 / 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 $2,944 $237,090 -- --
2023 $2,851 $230,190 $0 $0
2022 $2,767 $223,490 $0 $0
2021 $2,614 $216,990 $0 $0
2020 $2,562 $210,670 $0 $0
2019 $2,468 $204,540 $0 $0
2018 $2,419 $198,590 $0 $0
2017 $2,302 $192,810 $0 $0
2016 $2,128 $187,200 $0 $0
2015 $2,087 $181,750 $0 $0
2014 $2,032 $176,460 $0 $0
2013 -- $171,330 $0 $0
Source: Public Records

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

MLS Number: 23-1598

APN: R287381