NOT LISTED FOR SALE

4100 Salmon River Hwy Unit 3500 Otis, OR 97368

Estimated Value: $35,931 - $814,000

0.19 Acre
$1,731,458 Price per Acre
8,276 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $30,000

Est. 971% increase in value since last sale

Current estimated payment $1,770/month

128 Days on Market

About This Lot

As of February 2022

Just 20 minutes from the beach, located on Highway 18, almost 1/5th of an acre triangular shaped parcel. Parcel is zoned R-1 (residential). Electricity at street. Property will need septic and well installed. Buyer to do their own due diligence with Lincoln County planning in regards to approved usage.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Co. License #810604051 Listed on: 09/30/2021

Co-Listed By

Jill Hurd

Taylor & Taylor Realty Co. License #201223677

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Co. License #810604051 Listed on: 09/30/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $134

Lot Details

  • Level Lot
  • Landscaped with Trees

Property Details

Property Type

Land

Est. Annual Taxes

$134

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Residential/Recreational
  • Manufactured Home Allowed: Yes
  • Remarks Public: Just 20 minutes from the beach, located on Highway 18, almost 1/5th of an acre triangular shaped parcel. Parcel is zoned R-1 (residential). Electricity at street. Property will need septic and well installed. Buyer to do their own due diligence with Lincoln County planning in regards to approved usage.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: TWNSHP 06, RNG 10, ACRES 0.19, DOC200804063

Exterior Features

  • Lot Size: 7K-9,999SF
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Available

Schools

  • Elementary School: Oceanlake
  • Middle School: Taft
  • High School: Taft

Lot Info

  • Lot Description: Trees
  • Acres: 0.19
  • Zoning: R-1
  • Present Use: Raw Land
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 119.02
  • Assessor Parcel Number: R308414
  • Tax Year: 2021

MLS Schools

  • Elementary School: Oceanlake
  • High School: Taft
  • Middle School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Feb 24, 2022
Sold by
Robert David M
Bought by
Storm Joseph
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Co.
Buyer's Agent
Dennis Regen
Taylor & Taylor Realty Co.
List Price
$50,000
Sold Price
$30,000
Premium/Discount to List
-$20,000
-40%
Current Estimated Value
$321,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,298
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Sebring Daniel H
Bought by
Roberts David M and Roberts Jennifer K

Purchase Details

Closed on
Mar 25, 2008
Sold by
Solid Financial Llc
Bought by
Sebring Daniel H

Purchase Details

Closed on
Apr 27, 2005
Sold by
Gibbs Robert L
Bought by
Solid Financial Llc
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 Buyer Sale Price Title Company
Storm Joseph $30,000 Lawyers Title
Storm Joseph $30,000 Lawyers Title
Roberts David M $8,500 Pto
Sebring Daniel H -- Pto
Solid Financial Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $30,000 0.0% --
02/05/2022 02/05/22 Pending -- -- --
02/04/2022 02/04/22 Price Changed $30,000 -40.0% --
09/30/2021 09/30/21 For Sale $50,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $134 $10,780 $10,780 --
2023 $130 $10,470 $0 $0
2022 $126 $10,170 $0 $0
2021 $119 $9,880 $0 $0
2020 $117 $9,600 $0 $0
2019 $113 $9,330 $0 $0
2018 $109 $9,060 $0 $0
2017 $103 $8,800 $0 $0
2016 $94 $8,550 $0 $0
2015 $91 $8,230 $0 $0
2014 $87 $7,850 $0 $0
2013 -- $7,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2022

    Dennis Regen

    Taylor & Taylor Realty Co.

    (541) 994-4169

    662 Total Sales

    Section Image
  • Jill Hurd

    Seller Co-Listing Agent in 2022

    Jill Hurd

    Taylor & Taylor Realty Co.

    (541) 992-1672

    401 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21053776

Regional Multiple Listing Service (RMLS)

APN: R308414

Oregon Lincoln County Otis 97368

4100 Salmon River Hwy Unit 3500, Otis, OR

This home is located at 4100 Salmon River Hwy Unit 3500, Otis, OR 97368 since 30 September 2021 and is currently estimated at $328,977. 4100 Salmon River Hwy Unit 3500 is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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