NOT LISTED FOR SALE

Estimated Value: $328,000 - $369,000

1 Bed
1 Bath
768 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $287,500 $374 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,075/month

5 Days on Market

Highlights

  • Lake View
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of April 2021

Neotsu means ''Lake Near the Ocean'' and that is what you get to enjoy with this updated lakeside bungalow featuring a gorgeous, detached studio which can serve as a space for guests, yoga, crafts, or whatever your heart desires. A few short steps to easy lake access where you can put your kayaks in or enjoy a day of fishing. Located five minutes from the Pacific Ocean with miles of sandy beaches, driftwood, agates and endless sunsets. Neotsu is on the northern end of Lincoln City and not far from Hwy 18 where you can take a drive through the forest alongside the Salmon River. Imagine waking up to lake views from almost every window, birds chirping, a cup of coffee and being in a temperate, sunny microclimate. Outside City limits and close to shops, restaurants, golfing, and hiking trails.

Last Agent to Sell the Property

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 03/05/2021

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 03/05/2021

Coldwell Banker Professional Group - Lincoln City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 1 Car Attached Garage

Property Views

  • Lake
  • Forest

Home Design

  • Traditional Architecture
  • Shake Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shop

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Gas Available at Street
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Lakeview Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 071101BA-2100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Lakeview
  • Directions: Highway 101 to Neotsu NE Neotsu Drive. Turn east, towards Devils Lake at flashing light/Post office. Follow Neotsu Drive until house number 4745 on Left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1938
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2100
  • Gas:At Street3: Yes
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:RangeOven: Electric
  • Location Tax and Other Information:Subdv ParcelLot: 17
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Wood: Yes
  • Sewerseptic In: Yes
  • Ceiling:Beam: Yes
  • Outbuildings:Shop: Yes
  • Roof:Shake: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 1
  • Flooring: Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Lake
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shop
  • Patio And Porch Features: Deck
  • Roof: Shake
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071101BA-2100-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1452.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 14, 2021
Sold by
Self Wesley E
Bought by
Terrill Laura Hadfield
Seller's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
Buyer's Agent
Hannah Katz
Coldwell Banker Professional Group - Lincoln City
List Price
$274,900
Sold Price
$287,500
Premium/Discount to List
$12,600
4.58%
Current Estimated Value
$350,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,987
Avg. Annual Appreciation
6.13%
Original Mortgage
$277,500
Outstanding Balance
$253,247
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$118,537

Purchase Details

Listed on
Dec 29, 2019
Closed on
Mar 11, 2020
Sold by
Holten Damon M and Holten Lisa M
Bought by
Self Wesley E
Seller's Agent
Sarah Johnson
Taylor & Taylor Realty Company
Buyer's Agent
Sarah Johnson
Taylor & Taylor Realty Company
List Price
$183,000
Sold Price
$188,000
Premium/Discount to List
$5,000
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.65%
Original Mortgage
$192,832
Interest Rate
3.12%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Terrill Laura Hadfield $287,500 Western Title & Escrow
Self Wesley E $188,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrill Laura Hadfield $277,500
Previous Owner Self Wesley E $192,832
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $287,500 +4.6% $374 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $274,900 +46.2% $358 / Sq Ft
03/13/2020 03/13/20 Sold $188,000 +2.7% $367 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
12/29/2019 12/29/19 For Sale $183,000 -- $357 / 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 $1,668 $131,680 -- --
2023 $1,615 $127,850 $0 $0
2022 $1,568 $124,130 $0 $0
2021 $1,482 $120,520 $0 $0
2020 $1,452 $117,010 $0 $0
2019 $1,399 $113,610 $0 $0
2018 $1,371 $110,310 $0 $0
2017 $1,305 $107,100 $0 $0
2016 $1,199 $103,990 $0 $0
2015 $1,185 $100,970 $0 $0
2014 $1,153 $98,030 $0 $0
2013 -- $95,180 $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: 21-440

APN: R280621