NOT LISTED FOR SALE

5593 NE Banner Trail Otis, OR 97368

Neotsu Neighborhood

Estimated Value: $713,000 - $807,000

3 Beds
3 Baths
1,638 Sq Ft
$457/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $430,000 $263 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,681/month

Highlights

  • 4.22 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of July 2019

Entered into MLS for statistical purposes only.

Last Agent to Sell the Property

Norma Thompson

Cascade Hasson Sotheby's International Realty License #821000057 Listed on: 07/15/2019

Last Buyer's Agent

Norma Thompson

Cascade Hasson Sotheby's International Realty License #821000057 Listed on: 07/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,373

Year Built

  • Built in 2004

Lot Details

  • 4.22 Acre Lot
  • Property is zoned R-3 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shop

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 071101BD-2800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,373

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 4.22
  • Lot Size: Ireg.
  • Lot Size Sq Ft: 183823.2
  • Road Surface Type: Gravel
  • Directions: East Devils Lake Rd. to just north of Park Lane. Turn right on Banner Trail.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 2004
  • Contract Information:BankLender Owned: No
  • 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: 4.22
  • Location Tax and Other Information:Tax Lot: 2800
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Ireg.
  • Location Tax and Other Information:Subdv ParcelLot: 11
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Sewerseptic In: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Cont/Con
  • Other Structures: Shop
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071101BD-2800-00
  • Zoning: R-3 Residential

Tax Info

  • Tax Annual Amount: 4373.38
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Jul 8, 2019
Sold by
Knight Ronalee M
Bought by
Grahn Dennis Arthur and Grahn Sybil Marlee
Seller's Agent
Norma Thompson
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Norma Thompson
Cascade Hasson Sotheby's International Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$760,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,715
Avg. Annual Appreciation
9.18%
Original Mortgage
$330,000
Outstanding Balance
$292,631
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$440,908

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 23, 2017
Sold by
Ritchey Joan M
Bought by
Knight Hank L and Knight Ronalee M
Seller's Agent
Norma Thompson
John L Scott Lincoln City
Buyer's Agent
Norma Thompson
John L Scott Lincoln City
List Price
$389,900
Sold Price
$389,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$289,900
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 28, 2006
Sold by
Ritchey Joan M and Ritchey Roger G
Bought by
Ritchey Joan M and Ritchey Roger G

Purchase Details

Closed on
Nov 23, 2005
Sold by
Ritchey Joan M and Ritchey Roger G
Bought by
Ritchey Joan M and Ritchey Roger G
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
Grahn Dennis Arthur $430,000 Western Title & Escrow
Knight Hank L $389,900 Western Title & Escrow
Ritchey Joan M -- First American Title Ins Co
Ritchey Joan M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grahn Dennis Arthur $330,000
Previous Owner Knight Hank L $50,000
Previous Owner Knight Hank L $289,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $430,000 -4.4% $263 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $450,000 +15.4% $275 / Sq Ft
08/30/2017 08/30/17 Sold $389,900 0.0% $238 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $389,900 -- $238 / 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 $6,188 $483,250 -- --
2023 $5,994 $469,180 $0 $0
2022 $5,820 $455,520 $0 $0
2021 $5,505 $442,260 $0 $0
2020 $5,304 $429,380 $0 $0
2019 $5,201 $416,880 $0 $0
2017 $4,574 $377,590 $0 $0
2016 $4,141 $362,940 $0 $0
2015 $4,277 $366,600 $0 $0
2014 $4,133 $355,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Norma Thompson

    Cascade Hasson Sotheby's International Realty

See All Agents

Map

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

MLS Number: 19-1840

APN: R346781

Oregon Lincoln County Otis 97368 Neotsu

5593 NE Banner Trail, Otis, OR

This home is located at 5593 NE Banner Trail, Otis, OR 97368 since 15 July 2019 and is currently estimated at $748,843, approximately $457 per square foot. This property was built in 2004. 5593 NE Banner Trail 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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