NOT LISTED FOR SALE

48 N New Bridge Ct Otis, OR 97368

Estimated Value: $443,189 - $550,000

2 Beds
2 Baths
1,319 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $442,000 $335 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,904/month

31 Days on Market

Highlights

  • River View
  • Deck
  • No HOA
  • A-Frame Home
  • Vaulted Ceiling
  • Den

About This Home

As of July 2023

This Charming A Frame Cabin boasts a prime location right on the river, offering stunning views and peaceful mornings. With two cozy bedrooms its a perfect retreat for a small family or group of friends. The cabin features a rustic yet modern design, with plenty of natural light, wood accents and beams and open floor plan.Three Decks and covered front porch facing the river! The kitchen counters are brand new and full downstairs remodel bathroom. This is a must see. Large tool shop and a covered yet open BBQ & picnic area at the river front! All yours to enjoy with this home! This cabin is sure to impress.Don't miss the chance to own a piece of riverfront paradise. Sellers to find suitable replacement property

Last Listed By

Michelle Barnes

The Real Estate Box License #201213169 Listed on: 04/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • River Front
  • Dirt Road
  • Property is zoned R-1 Residential, Single

Property Views

  • River
  • Forest

Home Design

  • A-Frame Home
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Wood Siding

Interior Spaces

  • 1,319 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Den

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Shop

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Slick Rock Retreat Subdivision

Listing and Financial Details

  • Tax Lot 600
  • Assessor Parcel Number 071001BB-600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Road Surface Type: Dirt, Gravel, Paved
  • Subdivision Name: Slick Rock Retreat
  • Directions: Hwy 18 to Slick rock creek to New bridge RD to New bridge CT
  • Architectural Style: A-Frame
  • Garage Yn: No
  • Year Built: 1966
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: River
  • General Property Description:Primary View: River
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 0.2
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 600
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: A-Frame
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Deck and Patio: Yes
  • Miscellaneous:Den: Yes
  • DeckPatio:Covered Porch: Yes
  • Foundation:Combination: Yes
  • DeckPatio:Patio: Yes
  • Foundation:PillarPostPier: Yes
  • Ceiling:Beam: Yes
  • Street Surface:Dirt: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Vinyl, Carpet
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

  • View: River
  • Foundation Details: Combination, Pillar/Post/Pier
  • Other Structures: Shop, Shed
  • Patio And Porch Features: Deck, Patio
  • Roof: Other

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Electric Wall/Zone, Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric WallZone: Yes
  • HeatingCooling:Forced Air: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071001BB-600-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2117.19
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 8, 2021
Sold by
Yates Loren Lee and Yates Amber Angelic
Bought by
Bunde Steve D and Bunde Joyce R
Seller's Agent
Barbara Hofenbredl
Hofenbredl Realty LLC
Buyer's Agent
Michelle Barnes
Taylor & Taylor Realty Co.
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Total Days on Market
31
Current Estimated Value
$490,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,047
Avg. Annual Appreciation
5.36%
Original Mortgage
$355,500
Outstanding Balance
$323,956
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,855

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 6, 2019
Sold by
Wendroff Steve and Sultan Kimberly
Bought by
Yates Loren Lee and Yates Amber Angelic
Seller's Agent
Deborah Allen
Windermere Distinctive Coastal Properties
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%
Original Mortgage
$284,747
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2017
Closed on
Feb 9, 2018
Sold by
Gomoll Gerald M
Bought by
Wendorff Steven and Sultan Kimberly
Seller's Agent
Heather Duncan
JKI Realty
Buyer's Agent
Deborah Allen
JKI Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$250,381
Interest Rate
4.5%
Mortgage Type
FHA

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
Bunde Steve D $395,000 Ticor Title Company Of Or
Yates Loren Lee $290,000 Western Title & Escrow
Wendorff Steven $255,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunde Steve D $355,500
Previous Owner Yates Loren Lee $4,283
Previous Owner Yates Loren Lee $286,340
Previous Owner Yates Loren Lee $284,747
Previous Owner Wendorff Steven $250,381
Previous Owner Gomoll Gerald M $101,750
Previous Owner Gomoll Gerald M $50,000
Previous Owner Gomoll Gerald M $63,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $442,000 -1.8% $335 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $450,000 +13.9% $341 / Sq Ft
04/09/2021 04/09/21 Sold $395,000 +1.5% $299 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/03/2021 03/03/21 Price Changed $389,000 -2.5% $295 / Sq Ft
02/22/2021 02/22/21 For Sale $399,000 +37.6% $303 / Sq Ft
02/11/2019 02/11/19 Sold $290,000 -1.7% $261 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $295,000 +15.7% $265 / Sq Ft
02/14/2018 02/14/18 Sold $255,000 +2.0% $198 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $250,000 -- $194 / 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 $2,248 $162,580 -- --
2023 $2,179 $157,850 $0 $0
2022 $2,117 $153,260 $0 $0
2021 $2,008 $148,800 $0 $0
2020 $1,968 $144,470 $0 $0
2019 $1,899 $140,270 $0 $0
2018 $1,862 $136,190 $0 $0
2017 $1,777 $132,230 $0 $0
2016 $1,654 $128,380 $0 $0
2015 $1,619 $124,650 $0 $0
2014 $1,566 $121,020 $0 $0
2013 -- $117,500 $0 $0
Source: Public Records

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

MLS Number: 23-704

APN: R133775