NOT LISTED FOR SALE

4875 NE East Devils Lake Rd Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $564,000 - $966,000

3 Beds
3 Baths
2,858 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $560,000 $196 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,901/month

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • Bonus Room

About This Home

As of February 2021

Entered for statistical purposes. One party listing.

Last Agent to Sell the Property

Shae Lambert

CENTURY 21 Shorepine Properties License #201112085 Listed on: 02/01/2021

Last Buyer's Agent

Shae Lambert

CENTURY 21 Shorepine Properties License #201112085 Listed on: 02/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,735

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Property is zoned R-2 Residential

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,858 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Living Room
  • Bonus Room
  • Lake Views
  • Natural lighting in basement
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Horseshoe Bay Subdivision

Listing and Financial Details

  • Tax Lot 10805
  • Assessor Parcel Number 071101BA-10805-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,735

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.6
  • Road Surface Type: Paved
  • Subdivision Name: Horseshoe Bay
  • Directions: East Devils Lake Rd. to address.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 2000
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.31
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 10805
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Furnished: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Flooring:Tile2: Yes
  • Sewerseptic In: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Lake
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071101BA-10805-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 5735.11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jan 22, 2021
Sold by
Marks Louis E
Bought by
Wolak Tomasz and Wolak Renata
Seller's Agent
Shae Lambert
CENTURY 21 Shorepine Properties
Buyer's Agent
Shae Lambert
CENTURY 21 Shorepine Properties
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$831,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,441
Avg. Annual Appreciation
8.70%
Original Mortgage
$359,000
Outstanding Balance
$320,183
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$511,258

Purchase Details

Closed on
Sep 25, 2012
Sold by
Rudstrom Thomas C and Rudstrom Lynne
Bought by
Marks Louis E and Marks Marie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wolak Tomasz $560,000 Western Title & Escrow
Marks Louis E $360,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolak Tomasz $359,000
Previous Owner Marks Louis E $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $560,000 -6.5% $196 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $599,000 -- $210 / 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 $6,588 $520,050 -- --
2023 $6,379 $504,910 $0 $0
2022 $6,192 $490,210 $0 $0
2021 $5,852 $475,940 $0 $0
2020 $5,735 $462,080 $0 $0
2019 $5,525 $448,630 $0 $0
2018 $5,302 $435,570 $0 $0
2017 $5,154 $422,890 $0 $0
2016 $4,624 $410,580 $0 $0
2015 $4,677 $398,630 $0 $0
2014 $4,403 $387,020 $0 $0
2013 -- $379,640 $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: 21-181

APN: R32025