NOT LISTED FOR SALE

609 N North Bank Rd Otis, OR 97368

Rose Lodge Neighborhood

Estimated Value: $482,000 - $613,061

3 Beds
2 Baths
1,780 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 08, 2013

Last sale price $229,000 $129 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,158/month

345 Days on Market

Highlights

  • 2.4 Acre Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Mountain View
  • No HOA
  • Living Room

About This Home

As of October 2013

Enjoy country living at it's best with this well constructed contemporary ranch home. All one level, 1,780 SF. Updates include hardwood & tile flooring, stone gas fireplace, granite counters, custom hickory cabinets & more. Covered wrap around porch, plum & apple trees, large barn with stalls, fenced pasture for horses or livestock! Just minutes to Lincoln City amenities, yet a private & peaceful

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 09/12/2012

Last Buyer's Agent

Patrick McReynolds

Taylor & Taylor Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1936

Lot Details

  • 2.4 Acre Lot
  • Property is zoned T-C Timber Conservation

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,780 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Mountain Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061029DC-101-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,830

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 2.4
  • Lot Size: 2.40
  • Lot Size Sq Ft: 104544.0
  • Road Surface Type: Paved
  • Directions: Hwy 101 to Hwy 18, Left at the Otis Junction light, right on North Bank Road to Address.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1936
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 2.4
  • Location Tax and Other Information:Tax Lot: 101
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 2.40
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Internal Features:Water Heater: Gas
  • Utilities:Sewer2: Septic
  • Water: Spring
  • Utilities:Electric3: On Property
  • Utilities:Gas3: On Property
  • Miscellaneous Possession: Nego
  • External Features:Roof: Composition
  • External Features:Siding: Shingle/Shake
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Covered Porch
  • External Features:Street Surface: Paved
  • External Features:Outbuildings: Barn
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Window Features: Window Coverings

Exterior Features

  • View: Mountain
  • Foundation Details: Cont/Con
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061029DC-101-00
  • Zoning: T-C Timber Conservation

Tax Info

  • Tax Annual Amount: 1829.77
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2012
Closed on
Oct 8, 2013
Sold by
Young Donald L and Young Judy K
Bought by
Shippee Dustin E and Shippee Mallory L
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Patrick McReynolds
Taylor & Taylor Realty Company
List Price
$289,000
Sold Price
$229,000
Premium/Discount to List
-$60,000
-20.76%
Current Estimated Value
$537,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,265
Avg. Annual Appreciation
7.44%
Original Mortgage
$214,165
Outstanding Balance
$162,319
Interest Rate
4.57%
Mortgage Type
VA
Estimated Equity
$374,946
Source: Public Records

Range of Values:

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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
Shippee Dustin E $229,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shippee Dustin E $214,165
Previous Owner Young Donald L $182,868
Previous Owner Young Donald L $190,000
Previous Owner Young Donald L $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2013 10/08/13 Sold $229,000 -20.8% $129 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $289,000 -- $162 / 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 $2,775 $218,140 -- --
2023 $2,689 $211,790 $0 $0
2022 $2,612 $205,630 $0 $0
2021 $2,471 $199,650 $0 $0
2020 $2,424 $193,840 $0 $0
2019 $2,337 $188,200 $0 $0
2018 $2,292 $182,720 $0 $0
2017 $2,184 $177,400 $0 $0
2016 $2,024 $172,240 $0 $0
2015 $1,987 $167,230 $0 $0
2014 $1,936 $162,360 $0 $0
2013 -- $157,640 $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: 12-2326

APN: R431088