$72,000
SOLD FEB 28, 2025

433 N Vista Terrace Otis, OR 97368

0.14 Acre
$514,286 Price per Acre
6,098 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

29% Below List Price

354 Days on Market

About This Lot

As of February 2025

Perfect opportunity to build your dream home or vacation getaway in a peaceful and serene setting. Enjoy the natural beauty of the area while still being close to the beach and all the amenities of Otis. Don't miss out on this chance to create your own slice of paradise in this lovely community. Brand new septic and utilities at the street.

Last Agent to Sell the Property

Colleen Benson

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #961200091 Listed on: 03/11/2024

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

Co-Listed By

KRYSTALYNN KEMP

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #201229198

Last Buyer's Agent

STEPHANIE COLYER

BST REALTY, LLC License #201242010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $343

Schools

  • Ocean Lake Elementary School
  • Taft Middle School
  • Taft High School

Additional Features

  • Territorial Views
  • 6,098 Sq Ft Lot
  • Septic System

Community Details

  • Panther Creek 2Nd Addn Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 10

Property Details

Property Type

Land

Est. Annual Taxes

$343

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Perfect opportunity to build your dream home or vacation getaway in a peaceful and serene setting. Enjoy the natural beauty of the area while still being close to the beach and all the amenities of Otis. Don't miss out on this chance to create your own slice of paradise in this lovely community. Brand new septic and utilities at the street.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 514285.71

Exterior Features

  • View: Territorial
  • Access: Paved

Utilities

  • Water: Private/Community/Dist
  • Septic Type: Standard

Schools

  • Elementary School: Ocean Lake
  • Middle School: Taft
  • High School: Taft

Lot Info

  • Acres: 0.14
  • Lot: 1
  • Price Per Acre: 535714.29
  • Zoning: R-1
  • Approved for Manufactured Home: Unknown
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: R123530
  • Tax Amount: 343

MLS Schools

  • HighSchool: Taft
  • Middle School: Taft
  • Elementary School: Ocean Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Feb 26, 2025
Sold by
Morris Ken R
Bought by
Earl Sabrena Malone
Seller's Agent
Colleen Benson
KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP
Buyer's Agent
STEPHANIE COLYER
BST REALTY, LLC
List Price
$100,900
Sold Price
$72,000
Premium/Discount to List
-$28,900
-28.64%
Views
35
Current Estimated Value
$74,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,084
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Budget Finance Company
Bought by
Morris Ken R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 2010
Sold by
Marshall Norman B and Marshall Martha A
Bought by
Budget Finance Company

Purchase Details

Closed on
May 30, 2007
Sold by
Marshall Martha Ann
Bought by
Marshall Norman
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 $72,000 Fidelity National Title
Warranty Deed $94,000 Western Title & Escrow
Trustee Deed $58,944 Wte
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 New Conventional
Previous Owner $85,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $72,000 -4.0% $53 / Sq Ft
09/25/2024 09/25/24 Price Changed $75,000 -16.6% $55 / Sq Ft
05/07/2024 05/07/24 Price Changed $89,900 -10.1% $66 / Sq Ft
03/11/2024 03/11/24 Price Changed $100,000 -0.9% $73 / Sq Ft
03/11/2024 03/11/24 For Sale $100,900 -- $74 / Sq Ft
Source: Willamette Valley MLS

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 $355 $24,620 $24,620 --
2023 $344 $23,910 $0 $0
2022 $334 $23,220 $0 $0
2021 $317 $22,550 $0 $0
2020 $1,909 $134,800 $0 $0
2019 $1,841 $130,880 $0 $0
2018 $1,802 $127,070 $0 $0
2017 $1,720 $123,370 $0 $0
2016 $1,601 $119,780 $0 $0
2015 $1,494 $114,110 $0 $0
2014 $1,507 $114,820 $0 $0
2013 -- $116,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 814175

Willamette Valley MLS

APN: R123530