NOT LISTED FOR SALE

520 1st St Otter Rock, OR 97369

Otter Rock Neighborhood

Estimated Value: $469,000 - $683,000

2 Beds
1 Bath
992 Sq Ft
$552/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $268,000 $270 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,267/month

21 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Covered patio or porch
  • Vaulted Ceiling
  • No HOA
  • 2-minute walk to Devil’s Punchbowl State Natural Area

About This Home

As of April 2018

It's the epitome of the Otter Rock lifestyle! Just a block to the beach access and state park, this cottage is the ultimate surfer's dream. With modern upgrades and vintage touches, it is SO COZY inside--newer freestanding wood stove, original wood paneling, and an OPEN CONCEPT living area with beamed and vaulted ceilings. Two bedrooms, 1 bath on 1-level, with a bonus room upstairs. Very well set up for outdoor gatherings with the private back deck and yard with firepit. The large shed in the backyard currently works as a laundry room and storage, but could also be turned into something more. This would be an EXCELLENT full time residence, second home, or vacation rental.

Last Listed By

Heidi Rogers

Ocean Equity Real Estate & Investments, LLC License #201206892 Listed on: 01/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property is zoned R-1 Residential, Single

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Window Treatments
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Jones & Nehrba's Otter Rock Subdivision

Listing and Financial Details

  • Tax Lot 7 & 8
  • Assessor Parcel Number 091132AC-600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,055

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.23
  • Lot Size: 100x100
  • Lot Size Sq Ft: 10018.8
  • Road Surface Type: Paved
  • Subdivision Name: Jones & Nehrba's - Otter Rock
  • Directions: From Hwy 101 North, take a slight left towards Otter Crest Loop. Left on 1st Street. Property is on the left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1948
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.23
  • Location Tax and Other Information:Tax Lot: 7 & 8
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 100x100
  • Location Tax and Other Information:Subdv ParcelLot: 7 & 8
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • DeckPatio:Covered Porch: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Ceiling:Beam: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 091132AC-600-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2055.21
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Theresa Harper
Bought by
Harper Michael Loren
Total Days on Market
21
Current Estimated Value
$547,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,680
Outstanding Balance
$284,567
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$262,650

Purchase Details

Closed on
Jan 12, 2022
Sold by
Theresa Harper
Bought by
Harper Michael Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,680
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 11, 2018
Sold by
Paradis Georges L
Bought by
Harper Theresa and Harper Michael
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Michael Kessinger
Emerald Coast Realty - Seal Rock
List Price
$275,000
Sold Price
$268,000
Premium/Discount to List
-$7,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$241,530
Interest Rate
4.46%
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
Harper Michael Loren $98,000 Bc Law Firm Pa
Harper Michael Loren $98,000 Bc Law Firm Pa
Harper Theresa $268,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harper Michael Loren $300,680
Previous Owner Harper Michael Loren $300,680
Previous Owner Harper Michael $241,900
Previous Owner Harper Theresa $241,530
Previous Owner Paradis Georges L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $268,000 -2.5% $270 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $275,000 -- $277 / 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 $2,610 $199,490 -- --
2023 $2,533 $193,680 $0 $0
2022 $2,461 $188,040 $0 $0
2021 $2,412 $182,570 $0 $0
2020 $2,356 $177,260 $0 $0
2019 $2,181 $172,100 $0 $0
2018 $2,126 $167,090 $0 $0
2017 $2,108 $162,230 $0 $0
2016 $2,055 $157,510 $0 $0
2015 $1,822 $152,930 $0 $0
2014 $1,725 $148,480 $0 $0
2013 -- $144,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Heidi Rogers

    Ocean Equity Real Estate & Investments, LLC

  • M

    Buyer's Agent in 2018

    Michael Kessinger

    Emerald Coast Realty - Seal Rock

See All Agents

Map

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

MLS Number: 18-138

APN: R202975

Oregon Lincoln County Otter Rock 97369 Otter Rock

520 1st St, Otter Rock, OR

Homes for Sale in Otter Rock, OR

This home is located at 520 1st St, Otter Rock, OR 97369 since 18 January 2018 and is currently estimated at $547,217, approximately $551 per square foot. This property was built in 1948. 520 1st St is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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