NOT LISTED FOR SALE

56580 Ridge Rd Otis, OR 97368

Estimated Value: $463,901 - $711,000

2 Beds
2 Baths
908 Sq Ft
$603/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $122,500 $135 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $3,562/month

296 Days on Market

Highlights

  • Ocean View
  • Deck
  • Den
  • Cape Cod Architecture
  • Furnished
  • 1-minute walk to Knight County Park

About This Home

As of September 2013

An Artist Paradise: 1/3 deeded interest in a Cascade Head Ranch cabin on the Oregon Coast! This cozy cabin features 2 bedrooms plus loft with bunk beds and 2 bathrooms. Located adjacent to the Sitka Center for Arts and Ecology and the Nature Conservancy. Just minutes Lincoln City. Enjoy ocean views and use of community 'River House' with heated outdoor pool.

Last Listed By

Ed Tanabe

Taylor & Taylor Realty Company Listed on: 10/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,027

Year Built

  • Built in 1974

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned RRPD - Rural Residential

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Cape Cod Architecture
  • Shingle Roof
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 908 Sq Ft Home
  • Furnished
  • Window Treatments
  • Den
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Cascade Head Ranch Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 6S1114DC-01600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,027

Year Built

Built in 1974

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Fractional Ownership
  • Road Frontage Type: None
  • Lot Size Acres: 0.21
  • Lot Size: Irr
  • Lot Size Sq Ft: 9147.6
  • Road Surface Type: Paved
  • Subdivision Name: Cascade Head Ranch
  • Directions: Hwy 101, West on Three Rocks Rd, Right on Savage, Right on Ridge Road (to Sitka Center), Left on driveway (Sitka Drive) right before Sitka Parking Sign. Driveway to home is at end of Sitka Drive.
  • Architectural Style: Cape Cod
  • Year Built: 1974
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.21
  • Location Tax and Other Information:Tax Lot: 1600
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Style: Cape Cod
  • General Property Description:Basement: No
  • Roof:Shingle: Yes
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • General Property Description:Lot Dimensions: Irr
  • Location Tax and Other Information:Subdv ParcelLot: 9
  • Miscellaneous:Den: Yes
  • Miscellaneous:Pet Friendly2: No
  • Siding:Cedar2: Yes
  • Water:Community: Yes
  • Foundation:Pilings: Yes
  • Utilities:Sewer2: Septic
  • Water: Community
  • Utilities:Electric3: On Property
  • Utilities:Gas3: None
  • Miscellaneous Possession: Nego
  • External Features:Roof: Shingle
  • External Features:Siding: Cedar
  • External Features:Foundation: Pilings
  • External Features:DeckPatio: Deck
  • External Features:Street Surface: Paved
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pilings
  • Roof: Shingle
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Utilities: Natural Gas Not Available
  • Sewer Septic: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Lot Info

  • Parcel #: 6S1114DC-01600
  • Zoning: RRPD - Rural Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2027.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Bagwell Daniel Curtis and Bagwell Marie Lorena
Bought by
Tkacz Borys M and Kuzma Tkacz Zani
Total Days on Market
296
Current Estimated Value
$547,975

Purchase Details

Listed on
Oct 9, 2012
Closed on
Sep 10, 2013
Sold by
Trinka Barbara
Bought by
Bagwell Daniel Curtis and Bagwell Marie Lorena
Seller's Agent
Ed Tanabe
Taylor & Taylor Realty Company
Buyer's Agent
Ed Tanabe
Taylor & Taylor Realty Company
List Price
$139,000
Sold Price
$122,500
Premium/Discount to List
-$16,500
-11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Mar 25, 2013
Sold by
Trinka David S and Trinka Barbara D
Bought by
Trinka Barbara D and The Trinka Living Trust

Purchase Details

Closed on
May 3, 2011
Sold by
Trinka David S and Trinka Barbara D
Bought by
Trinka David S and Trinka Barbara D

Purchase Details

Closed on
Mar 28, 2008
Sold by
Twitchell Daniel D and Twitchell Catherine K
Bought by
Drabkin Joan F

Purchase Details

Closed on
Oct 6, 2006
Sold by
Dubay Joseph A and Dubay Inga S
Bought by
Dubay Joseph A and Dubay Inga S

Purchase Details

Closed on
Sep 14, 2006
Sold by
Ruff William E and Stefani Ruff Dianne
Bought by
Twitchell Daniel D and Twitchell Catherine K

Purchase Details

Closed on
Sep 13, 2006
Sold by
Griggs Gail R and Griggs Smith Gail R
Bought by
Trinka David S and Trinka Barbara D

Range of Values:

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Average Value
Not Available
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
Tkacz Borys M $382,000 Western Title & Escrow
Tkacz Broys M $382,000 Western Title & Escrow
Bagwell Daniel Curtis $122,500 Multiple
Trinka Barbara D -- None Available
Trinka David S -- None Available
Drabkin Joan F $150,000 Ticor
Dubay Joseph A -- None Available
Twitchell Daniel D $120,000 Western Title & Escrow Co
Trinka David S $120,000 Ticor Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $122,500 -11.9% $135 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
10/09/2012 10/09/12 For Sale $139,000 -- $153 / 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 $3,402 $278,060 $145,110 $132,950
2023 $3,375 $269,970 $140,880 $129,090
2022 $3,260 $262,110 $136,780 $125,330
2021 $3,070 $254,480 $132,800 $121,680
2020 $2,998 $247,070 $128,930 $118,140
2019 $2,945 $239,880 $125,180 $114,700
2018 $2,860 $232,900 $121,540 $111,360
2017 $2,528 $226,120 $118,000 $108,120
2016 $2,330 $219,540 $114,570 $104,970
2015 $2,309 $213,150 $111,240 $101,910
2014 $2,256 $206,950 $108,010 $98,940
2013 -- $200,930 $104,870 $96,060
Source: Public Records

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

MLS Number: 12-389

APN: R0224288