NOT LISTED FOR SALE

4358 NE East Devils Lake Rd Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $834,000 - $1,231,000

3 Beds
2 Baths
2,518 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $523,716 $208 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,781/month

87 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • 16.21 Acre Lot
  • Home fronts a creek
  • Lake View
  • Craftsman Architecture

About This Home

As of October 2019

Looking for a Homestead on 16+ acres nestled near the foothills of the coastal range yet close to Lincoln City?? Craftsman style home with peaceful lake views, 3 bedrooms, plus office/library (could be 4th bedroom) is currently being renovated. Expansive gardening area and huge shop/barn for animals or storage. Over a half mile of trails meandering through thick forest, meadows, and creeks. Radiant heated tile floors, on demand hot water heater, well-fed irrigation for landscape and garden, fruit trees, 2 wood stoves & gas fireplace. Private deck off Master and 2 covered porches. Perfect hobby farm or homestead based business!

Last Listed By

Amy Graham

Taylor & Taylor Realty Company License #200310128 Listed on: 05/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1940

Lot Details

  • 16.21 Acre Lot
  • Home fronts a creek
  • Irregular Lot
  • Property is zoned T-C Timber Conservation

Property Views

  • Lake
  • Forest

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,518 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Den
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Farming

  • Barn

Utilities

  • Cooling Available
  • Radiant Heating System
  • Electricity To Lot Line
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07110100-300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,804

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Creek
  • Lot Size Acres: 16.21
  • Lot Size: 5 acres + 11.21 acres
  • Lot Size Sq Ft: 706107.6
  • Road Surface Type: Paved
  • Directions: Hwy 101 to NE East Devils Lake Rd. Follow East Devils Lake Rd to address on east side of street.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 1940
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 16.21
  • Location Tax and Other Information:Tax Lot: 300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 5 acres + 11.21 acres
  • Location Tax and Other Information:Subdv ParcelLot: na
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Ceiling:Vaulted: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Outbuildings:Barn: Yes
  • Alternate Heat:Wood Stove: Certified
  • HeatingCooling:Radiant: Yes
  • Miscellaneous Possession: COE
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Cont/Con
  • Other Structures: Shed, Barn
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 4
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric, Radiant
  • Heating Yn: Yes
  • Water Source: Well, Public
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 07110100-300-00
  • Zoning: T-C Timber Conservation
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3803.71
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Olsen Wade R and Olsen Kristie L
Bought by
Olsen Wade R and Olsen Kristie L
Total Days on Market
87
Current Estimated Value
$968,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,700
Outstanding Balance
$240,236
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$612,097

Purchase Details

Closed on
Apr 1, 2011
Sold by
Taylor Jodana Bright
Bought by
Taylor Jodana Bright

Purchase Details

Closed on
Jan 28, 2011
Sold by
Taylor Timothy R
Bought by
Taylor Jodana Bright

Purchase Details

Closed on
Sep 2, 2005
Sold by
King Frederick T and Wade King Margaret Diane
Bought by
Taylor Timothy R and Taylor Jodana Bright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2003
Sold by
Plentywood Acres
Bought by
King Frederick T and Wade King Margaret Diane

Range of Values:

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Average Value
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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
Olsen Wade R -- Accommodation
Taylor Jodana Bright -- None Available
Taylor Jodana Bright -- None Available
Taylor Timothy R $260,000 Multiple
King Frederick T -- Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Wade R $260,700
Closed Taylor Timothy R $160,000
Closed Taylor Timothy R $70,000
Previous Owner Taylor Timothy R $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $523,716 -20.5% $208 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $659,000 -- $262 / 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 $4,905 $382,770 -- --
2023 $4,751 $371,630 $0 $0
2022 $4,612 $360,810 $0 $0
2021 $849 $79,810 $0 $0
2020 $3,991 $317,210 $0 $0
2019 $3,877 $320,920 $0 $0
2018 $3,804 $311,580 $0 $0
2017 $3,590 $302,520 $0 $0
2016 $2,591 $293,720 $0 $0
2015 $713 $218,310 $0 $0
2014 -- $206,000 $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: 19-1174

APN: R245259