NOT LISTED FOR SALE

5597 Otter Way Florence, OR 97439

Estimated Value: $290,000 - $347,000

1 Bed
1 Bath
900 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $126,000 $140 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,857/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Cottage
  • Farm
  • No HOA
  • Double Pane Windows

About This Home

As of June 2018

This Carter Brothers built home is quietly nestled in a secluded wooded neighborhood just minutes away from both the Pacific Ocean and Old Town Florence. This property has much potential. The Seller has been medically incapacitated and unable to perform essential on-going maintenance resulting in a significant backlog of repairs. A repair credit of $15,000 is being offered. Property is being sold "As-is".

Last Agent to Sell the Property

William Fleenor

Hybrid Florence Real Estate LLC License #201205090 Listed on: 04/19/2018

Last Buyer's Agent

Maureen Hewlett

West Coast Real Estate Service License #940500351

West Coast Real Estate Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1998

Lot Details

  • 0.3 Acre Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned RR1

Home Design

  • Cottage
  • Fixer Upper
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Crawl Space
  • Dishwasher
  • Laundry Room

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Siuslaw Elementary And Middle School
  • Siuslaw High School

Farming

  • Farm

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1288578

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1998
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry, VinylFloor, WalltoWallCarpet
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Trees, Wooded
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle Or Junior School: Siuslaw

Lot Info

  • Farm: Yes
  • Zoning: RR1
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 1288578

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 1250.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 24, 2018
Sold by
Stolz Judith
Bought by
Moe Scott L
Seller's Agent
William Fleenor
Hybrid Florence Real Estate LLC
Buyer's Agent
Maureen Hewlett
West Coast Real Estate Service
List Price
$126,000
Sold Price
$126,000
Current Estimated Value
$326,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,643
Avg. Annual Appreciation
13.82%
Original Mortgage
$960,003
Outstanding Balance
$828,491
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$501,848

Purchase Details

Closed on
May 21, 1998
Sold by
Fraser Angus and Sanchez Fraser Rosemarie
Bought by
Stolz Judith
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
Moe Scott L $120,000 Cascade Title Co
Stolz Judith $30,000 Florence Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moe Scott L $960,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $126,000 0.0% $140 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $126,000 -- $140 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,512 $134,039 -- --
2023 $1,512 $130,135 $0 $0
2022 $1,411 $126,345 $0 $0
2021 $1,373 $122,666 $0 $0
2020 $1,334 $119,094 $0 $0
2019 $1,283 $115,626 $0 $0
2018 $1,297 $108,989 $0 $0
2017 $1,250 $108,989 $0 $0
2016 $1,216 $105,815 $0 $0
2015 $1,208 $102,733 $0 $0
2014 $1,191 $99,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    William Fleenor

    Hybrid Florence Real Estate LLC

    Section Image
  • Maureen Hewlett

    Buyer's Agent in 2018

    Maureen Hewlett

    West Coast Real Estate Service

    (541) 991-7794

    45 Total Sales

    Maureen Hewlett
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18412165

Regional Multiple Listing Service (RMLS)

APN: 1288578

Oregon Lane County Florence 97439

5597 Otter Way, Florence, OR

This home is located at 5597 Otter Way, Florence, OR 97439 since 19 April 2018 and is currently estimated at $326,643, approximately $362 per square foot. This property was built in 1998. 5597 Otter Way is a home located in Lane County with nearby schools including Siuslaw Elementary School, Siuslaw Middle School, and Siuslaw High School.

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