NOT LISTED FOR SALE

5590 Salmon River Hwy Otis, OR 97368

Rose Lodge Neighborhood

Estimated Value: $373,000 - $561,678

3 Beds
3 Baths
2,084 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $215,000 $103 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,961/month

10 Days on Market

Highlights

  • 5.13 Acre Lot
  • Traditional Architecture
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Living Room

About This Home

As of June 2016

Wonderful country home on 5+ acres. Plenty of room with 3 bdrms, den, open living area and newer master suite. The large garage/shop has many possible uses. Plenty of room outside too so bring the whole crowd and see this property soon!Property sold in as is condition. Property built before 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Char Brown

At the Beach Real Estate License #910500041 Listed on: 02/26/2016

Co-Listed By

Oregon Coast Dream Team

At the Beach Real Estate License #999999999

Last Buyer's Agent

Shae Lambert

CENTURY 21 Shorepine Properties License #201112085

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1948

Lot Details

  • 5.13 Acre Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Shake Siding
  • T111 Siding

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Shop

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Private Water Source
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 061035AC-102-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,403

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: 5.13
  • Lot Size: 223,463 Sq Ft
  • Lot Size Sq Ft: 223462.8
  • Road Surface Type: Paved
  • Directions: Hwy 18 to first paved road past Slick Rock, stay right uphill to first driveway on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1948
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 5.13
  • Location Tax and Other Information:Tax Lot: 102
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: 223,463 Sq Ft
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Siding:Lap: Yes
  • Siding:T1-11: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous Possession: Closing
  • Water:Private: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • View: None
  • Foundation Details: Con/Post
  • Other Structures: Shop
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Electric Wall/Zone, Other
  • Heating Yn: Yes
  • Water Source: Private
  • HeatingCooling:Electric WallZone: Yes
  • Sewer Septic: Yes
  • HeatingCooling:Other - Heat: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061035AC-102-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 1402.68
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 2, 2016
Sold by
The Secretary Of Veterans Affairs
Bought by
Lo Bello Joseph N and Lo Bello Tracy I
Seller's Agent
Char Brown
At the Beach Real Estate
Buyer's Agent
Shae Lambert
CENTURY 21 Shorepine Properties
List Price
$180,000
Sold Price
$215,000
Premium/Discount to List
$35,000
19.44%
Current Estimated Value
$509,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,982
Avg. Annual Appreciation
10.16%
Original Mortgage
$211,225
Interest Rate
3.61%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 21, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 18, 2015
Sold by
King John T
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 13, 2008
Sold by
Donker Larry W and Donker Dianne
Bought by
King John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.04%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2005
Sold by
Donker Larry W
Bought by
Donker Larry W and Donker Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Breon Bensell L and Breon Deborah P
Bought by
Donker Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
1%
Mortgage Type
New Conventional
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
Lo Bello Joseph N $215,000 Western Title & Escrow Co
The Secretary Of Veterans Affairs -- First American Title Ins Co
Wells Fargo Bank Na $221,130 Accommodation
King John T $385,000 Western Title & Escrow
Donker Larry W -- First American Title Ins Co
Donker Larry W $210,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lo Bello Joseph N $211,225
Previous Owner King John T $363,743
Previous Owner King John T $375,200
Previous Owner King John T $385,000
Previous Owner Donker Larry W $256,000
Previous Owner Donker Larry W $42,950
Previous Owner Donker Larry W $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $215,000 +19.4% $103 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $180,000 -- $86 / 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 $2,033 $163,730 -- --
2023 $1,969 $158,970 $0 $0
2022 $1,911 $154,340 $0 $0
2021 $1,805 $149,840 $0 $0
2020 $1,769 $145,480 $0 $0
2019 $1,704 $141,250 $0 $0
2018 $1,667 $137,140 $0 $0
2017 $1,573 $133,150 $0 $0
2016 $1,434 $129,220 $0 $0
2015 $1,403 $125,520 $0 $0
2014 $1,346 $120,420 $0 $0
2013 -- $118,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Char Brown

    At the Beach Real Estate

  • O

    Seller Co-Listing Agent in 2016

    Oregon Coast Dream Team

    At the Beach Real Estate

  • Shae Lambert

    Buyer's Agent in 2016

    Shae Lambert

    CENTURY 21 Shorepine Properties

    (503) 703-8299

    1 in this area

    164 Total Sales

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Map

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

MLS Number: 16-576

APN: R36703

Oregon Lincoln County Otis 97368 Rose Lodge

5590 Salmon River Hwy, Otis, OR

This home is located at 5590 Salmon River Hwy, Otis, OR 97368 since 26 February 2016 and is currently estimated at $492,670, approximately $236 per square foot. This property was built in 1948. 5590 Salmon River Hwy 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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