NOT LISTED FOR SALE

56305 Spruce Rd Otis, OR 97368

Estimated Value: $936,508 - $1,229,000

4 Beds
2 Baths
3,453 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $560,000 $162 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,908/month

6 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Craftsman Architecture
  • Vaulted Ceiling
  • 1-minute walk to Knight County Park

About This Home

As of June 2018

Beloved Oregon Coast home is on the market for the first time. Serene and pristine, located at the base of Cascade Head. Lovingly maintained and carefully prepared for it's debut, this Lindal Cedar home is built to last with 2 inch thick structural siding. The lush rainforest shines bright and is perfectly captured from the wall of windows. Beautifully natural with cedar millwork and beamed ceilings brings the outside in. Newly finished teak flooring and stainless appliances. You will fall in love with the original farm sink. Master on the main level with a total of 4 bedrooms and 2 bathrooms. There's an artist studio above the garage & workshop in the daylight basement. Awesome HOA amenities that include an outdoor pool, private boat launch and club house. The peaceful forest awaits.

Last Agent to Sell the Property

Shae Lambert

CENTURY 21 Shorepine Properties License #201112085 Listed on: 05/05/2018

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1978

Lot Details

  • 0.48 Acre Lot
  • Property is zoned R-2 Residential

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • Forest

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,453 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Utility Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Association fees include trash, sewer, water
  • Valerie Sovern Association, Phone Number (541) 996-4443
  • Secondary HOA Phone (541) 996-4443
  • Cascade Head Ranch Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,816

Year Built

Built in 1978

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.48
  • Lot Size: 20,908 sq. ft.
  • Lot Size Sq Ft: 20908.8
  • Road Surface Type: Paved
  • Subdivision Name: Cascade Head Ranch
  • Directions: From 101 turn west on to Three Rocks Rd. Right onto Savage Rd. Right onto Old Ranch Road. Right onto Spruce Rd.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 1978
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.48
  • Location Tax and Other Information:Tax Lot: 300
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: 20,908 sq. ft.
  • Location Tax and Other Information:Subdv ParcelLot: 3
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Flooring:Tile2: Yes
  • DeckPatio:Patio: Yes
  • Siding:Wood: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Water:Community: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Cont/Con
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Community
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 2134.0
  • Association Fee Frequency: Yearly
  • Phone: 541-996-4443
  • Association: Yes

Association/Amenities

  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly
  • CondoAssociation:Assoc Contact Name: Valerie Sovern
  • CondoAssociation:Assoc Contact Phone: 541.996.4443

Fee Information

  • Association Fee Includes: Trash, Sewer, Water

Lot Info

  • Parcel #: 300
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 4816.33
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 22, 2018
Sold by
Maynard Marcia and The Maynard Living Trust
Bought by
Pratt Paul H and Haas Karen T
Seller's Agent
Shae Lambert
CENTURY 21 Shorepine Properties
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$1,124,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,627
Avg. Annual Appreciation
8.79%
Original Mortgage
$360,000
Outstanding Balance
$315,228
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$711,845
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
Pratt Paul H $560,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Paul H $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $560,000 +1.8% $162 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $550,000 -- $159 / 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 $7,363 $609,370 $160,570 $448,800
2023 $7,303 $591,630 $155,890 $435,740
2022 $7,052 $574,400 $151,350 $423,050
2021 $6,635 $557,670 $146,950 $410,720
2020 $6,477 $541,430 $142,680 $398,750
2019 $5,984 $494,140 $138,520 $355,620
2018 $5,808 $479,751 $134,488 $345,263
2017 $4,816 $465,779 $164,069 $301,710
2016 $4,390 $452,220 $159,290 $292,930
2015 $4,365 $440,310 $156,350 $283,960
2014 $4,108 $412,230 $157,820 $254,410
2013 -- $394,265 $138,535 $255,730
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 18-1163

APN: R0222280