NOT LISTED FOR SALE

4875 NE East Devils Lake Rd Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $791,421 - $1,149,000

3 Beds
3 Baths
2,858 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 01, 2021

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

Est. 68% increase in value since last sale

Current estimated payment $5,767/month

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • Furnished

About This Home

As of February 2021

Entered for statistical purposes. One party listing.

Last Listed By

Shae Lambert

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
  • 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
  • Contract Information:_three_rd Party Approval: 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
  • 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
  • ResoLotSizeUnits: Acres

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
Shorepine Properties
Buyer's Agent
Shae Lambert
Shorepine Properties
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Total Days on Market
0
Current Estimated Value
$941,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,355
Avg. Annual Appreciation
12.30%
Original Mortgage
$359,000
Outstanding Balance
$327,474
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$590,531

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

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 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
Previous Owner Rudstrom Lynne $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Shae Lambert

    Seller's Agent in 2021

    Shae Lambert

    Shorepine Properties

    (503) 703-8299

    2 in this area

    172 Total Sales

    Shae Lambert
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Map

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

MLS Number: 21-181

APN: R32025

Oregon Lincoln County Otis 97368 Neotsu

4875 NE East Devils Lake Rd, Otis, OR

Homes for Sale in Otis, OR

This home is located at 4875 NE East Devils Lake Rd, Otis, OR 97368 since 01 February 2021 and is currently estimated at $941,355, approximately $329 per square foot. This property was built in 2000. 4875 NE East Devils Lake Rd is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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