NOT LISTED FOR SALE

5655 N Highway 101 Otis, OR 97368

Estimated Value: $452,000 - $654,000

3 Beds
2 Baths
2,008 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $216,000 $108 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,292/month

30 Days on Market

Highlights

  • RV Garage
  • Deck
  • Vaulted Ceiling
  • Mountain View
  • Contemporary Architecture
  • No HOA

About This Home

As of March 2014

Contemporary Ranch Style 3bd/2ba on almost 2 acres! 2 car attached garage and a 2 car/RV garage/shop w/extra tall doors! Property sits high above the road up a long drive way, so very little traffic noise! Vaulted, open beam ceilings with floor to ceiling brick fireplace in family room! Spacious loft office area! Large deck for outdoor entertaining & relaxing! Country vibe but close to LC!

Last Listed By

Jerry Biesterfeld

Taylor & Taylor Realty Company License #200606246 Listed on: 11/05/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1979

Lot Details

  • 1.87 Acre Lot
  • Property fronts a highway
  • Irregular Lot
  • Property is zoned R-1 Residential, Single

Property Views

  • Mountain
  • Forest

Home Design

  • Contemporary Architecture
  • Shake Roof
  • Cedar Siding

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Fireplace
  • Den

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Attached Garage
  • RV Garage

Outdoor Features

  • Deck
  • Shop

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 061136CA-900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,616

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Highway
  • Lot Size Acres: 1.87
  • Lot Size: 81457 sq ft
  • Lot Size Sq Ft: 81457.2
  • Road Surface Type: Paved
  • Directions: Hwy 101 east of Lincoln City to house on left side of Hwy. Property is directly across from where NE East Devils Lake Rd meets Hwy 101. Gate is open.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1979
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 1.87
  • Location Tax and Other Information:Tax Lot: 900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • General Property Description:Lot Dimensions: 81457 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Alternate Heat:Fireplace: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Ceiling:Beam: Yes
  • Roof:Shake: Yes
  • Miscellaneous Possession: negotiable
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Forest
  • Foundation Details: Cont/Con
  • Other Structures: Shop, RV Garage
  • Patio And Porch Features: Deck
  • Roof: Shake

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 4
  • Outbuildings:RV Garage: Yes

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Well
  • HeatingCooling:Gas Forced Air: Yes
  • Sewer Septic: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061136CA-900-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3616.43
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Stein Jeannine
Bought by
City Of Lincoln City
Total Days on Market
30
Current Estimated Value
$530,548

Purchase Details

Closed on
Aug 20, 2015
Sold by
Stein James Harry
Bought by
State Of Oregon

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 13, 2014
Sold by
Capital One Bank Na
Bought by
Stein James Harry
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
MerryAnn Blanchard
Taylor & Taylor Realty Company
List Price
$244,900
Sold Price
$216,000
Premium/Discount to List
-$28,900
-11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$216,000
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Oct 29, 2012
Sold by
Teeny Jeffrey W
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Jun 20, 2005
Sold by
Hanna Delbert and Hanna Claudia
Bought by
Teeny Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
City Of Lincoln City $450,000 Western Title
State Of Oregon $95,500 Wte
Stein James Harry -- Wte
Ing Bank Fsb $244,245 First American Title Ins Co
Teeny Jeffrey W $335,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stein James $239,600
Previous Owner Stein James $252,000
Previous Owner Stein James $145,300
Previous Owner Stein James Harry $216,000
Previous Owner Teeny Jeffrey W $312,000
Previous Owner Teeny Jeffrey W $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2014 03/04/14 Sold $216,000 -11.8% $108 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $244,900 -- $122 / 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 $4,205 $338,610 -- --
2023 $4,071 $328,750 $0 $0
2022 $3,952 $319,180 $0 $0
2021 $3,733 $309,890 $0 $0
2020 $3,659 $300,870 $0 $0
2019 $3,525 $292,110 $0 $0
2018 $3,345 $283,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 13-2222

APN: R74508