NOT LISTED FOR SALE

624 N Bear Creek Rd Otis, OR 97368

Estimated Value: $258,000 - $433,000

1 Bed
1 Bath
887 Sq Ft
$359/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $83,300 $94 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,860/month

Highlights

  • Home fronts a creek
  • No HOA
  • 1-Story Property
  • Creek or Stream View
  • Zoned Cooling
  • Heating Available

About This Home

As of October 2017

Great Creek Front Cabin at an amazing value! Relax to the sounds of the creek cascading over the rocks in Bear Creek! Perfect getaway from the stress of everyday life! Peaceful and serene country location, but just 10 minutes to the beach and all of the amenities of Lincoln City!

Last Listed By

Jerry Biesterfeld

Taylor & Taylor Realty Company License #200606246 Listed on: 09/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1960

Lot Details

  • 0.65 Acre Lot
  • Home fronts a creek
  • Property is zoned R-1 Residential, Single

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 887 Sq Ft Home
  • 1-Story Property
  • Creek or Stream Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 071003AD-1300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Creek
  • Lot Size Acres: 0.65
  • Lot Size: 28314 sq ft
  • Lot Size Sq Ft: 28314.0
  • Road Surface Type: Gravel
  • Directions: Hwy 18 east to Bear Creek Rd, right on Bear Creek Rd to property on right.
  • Architectural Style: Cabin
  • Garage Yn: No
  • Year Built: 1960
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Creek
  • General Property Description:Primary View: Creek
  • General Property Description:Secondary View: Creek
  • General Property Description:_pound_ of Acres: 0.65
  • Location Tax and Other Information:Tax Lot: 1300
  • General Property Description:Total Bedrooms: 1
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cabin
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 28314 sq ft
  • Location Tax and Other Information:Subdv ParcelLot: NA
  • General Property Description:Property Sub-Type: Single Family Residence
  • Foundation:Block2: Yes
  • Roof:Metal: Yes
  • Water:Community: Yes
  • Miscellaneous Possession: negotiable
  • Special Features: None

Interior Features

  • Total Bedrooms: 1

Exterior Features

  • View: Creek
  • Patio And Porch Features: None
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Community
  • HeatingCooling:Electric WallZone: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 071003AD-1300-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 828.67
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Sep 29, 2017
Sold by
Fannie Mae
Bought by
Wise Alyssa Lucille and Wilhelm Christopher H
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
Dina Biesterfeld
Taylor & Taylor Realty Company
List Price
$83,300
Sold Price
$83,300
Total Days on Market
0
Current Estimated Value
$318,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,025
Avg. Annual Appreciation
19.19%
Original Mortgage
$67,806
Outstanding Balance
$58,604
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$257,648

Purchase Details

Closed on
May 3, 2017
Sold by
Claudius Patricia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 25, 2005
Sold by
Schwinof Ruth L
Bought by
Claudius Patricia

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
Wise Alyssa Lucille $83,300 Wt
Federal National Mortgage Association $201,406 Wte
Claudius Patricia $58,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Alyssa Lucille $67,806
Previous Owner Claudius Patricia $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $83,300 0.0% $94 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $83,300 -- $94 / 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 $1,146 $92,300 -- --
2023 $1,110 $89,620 $0 $0
2022 $1,077 $87,010 $0 $0
2021 $1,018 $84,480 $0 $0
2020 $998 $82,020 $0 $0
2019 $961 $79,640 $0 $0
2018 $942 $77,330 $0 $0
2017 $896 $75,080 $0 $0
2016 $829 $72,900 $0 $0
2015 $813 $70,780 $0 $0
2014 $791 $68,720 $0 $0
2013 -- $66,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jerry Biesterfeld

    Taylor & Taylor Realty Company

  • D

    Buyer's Agent in 2017

    Dina Biesterfeld

    Taylor & Taylor Realty Company

See All Agents

Map

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

MLS Number: 17-1971

APN: R249466

Oregon Lincoln County Otis 97368

624 N Bear Creek Rd, Otis, OR

Homes for Sale in Otis, OR

This home is located at 624 N Bear Creek Rd, Otis, OR 97368 since 15 September 2017 and is currently estimated at $318,325, approximately $358 per square foot. This property was built in 1960. 624 N Bear Creek Rd is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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