NOT LISTED FOR SALE

7045 Otter Crest Loop Unit 5 Otter Rock, OR 97369

Otter Rock Neighborhood

Estimated Value: $214,768

2 Beds
2 Baths
792 Sq Ft
$400/mo HOA Fee

Last Sold March 06, 2020

Last sale price $165,000 $208 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,738/month

80 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Cooling Available
  • Vaulted Ceiling
  • Detached Garage
  • 1-minute walk to Devil’s Punchbowl State Natural Area

About This Home

As of March 2020

Beautiful home in the idyllic Alpine Chalet Community. Just steps from the beach, this home is an established short-term rental with proven income history. Home is being sold fully furnished with sleeping for six, a stocked kitchen, and everything you need to either move right in or continue use as a rental. HOA includes water, garbage, and sewer. Sale includes 10 shares of Alpine Chalet stock. Photos are slightly outdated- current furniture and bedding is new. New photos are being scheduled and will be updated.

Last Agent to Sell the Property

Andrea Roediger

Vacasa Real Estate LLC License #201213291 Listed on: 09/17/2019

Last Buyer's Agent

Andrea Roediger

Vacasa Real Estate LLC License #201213291 Listed on: 09/17/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1969

Lot Details

  • 697

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Shake Roof
  • T111 Siding

Interior Spaces

  • 792 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Ocean Views
  • <<microwave>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09113200-80005-00

Community Details

Overview

  • Alpine Chalet Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,339

Year Built

Built in 1969

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: Alpine Chalet Condo
  • Directions: Hwy 101 , West on Otter Crest Loop into subdivision
  • Architectural Style: Condo
  • Garage Yn: Yes
  • Year Built: 1969
  • 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
  • Location Tax and Other Information:Tax Lot: 80005
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Electric:On Property2: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Location Tax and Other Information:Subdv ParcelLot: n/a
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Siding:T1-11: Yes
  • Water:Community: Yes
  • Roof:Shake: Yes
  • Miscellaneous Possession: Close
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Con/Post
  • Patio And Porch Features: None
  • Roof: Shake
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: No
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Lot Info

  • Parcel #: 09113200-80005-00
  • Zoning: PD - Planned Development

Tax Info

  • Tax Annual Amount: 1338.81
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Otter Rock It Llc
Bought by
Alpine Chalet 5 Llc
Current Estimated Value
$214,768

Purchase Details

Closed on
Mar 9, 2023
Sold by
Desosa Ruth Maureen
Bought by
Otter Rock It Llc

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jan 30, 2020
Sold by
Mullinnix Sherri A
Bought by
Desosa Ruth Maureen
Seller's Agent
Andrea Roediger
Vacasa Real Estate LLC
Buyer's Agent
Andrea Roediger
Vacasa Real Estate LLC
List Price
$167,000
Sold Price
$165,000
Premium/Discount to List
-$2,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2007
Sold by
Mullinnix Stanley W and Mullinnix Sherri A
Bought by
Mullinnix Sherri A
Source: Public Records

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
Alpine Chalet 5 Llc $60,000 First American Title
Otter Rock It Llc -- --
Desosa Ruth Maureen $165,000 Western Title
Mullinnix Sherri A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desosa Ruth Maureen $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $165,000 -1.2% $208 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $167,000 -- $211 / 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 $1,828 $139,680 -- $139,680
2023 $1,774 $135,620 $0 $0
2022 $1,723 $131,670 $0 $0
2021 $1,689 $127,840 $0 $0
2020 $1,541 $119,410 $0 $0
2019 $1,416 $115,230 $0 $0
2018 $1,339 $108,550 $0 $0
2017 $1,368 $108,550 $0 $0
2016 $1,374 $108,550 $0 $0
2015 $1,282 $108,550 $0 $0
2014 $1,404 $124,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrea Roediger

    Vacasa Real Estate LLC

See All Agents

Map

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

MLS Number: 19-2441

APN: R174622

Oregon Lincoln County Otter Rock 97369 Otter Rock

7045 Otter Crest Loop Unit 5, Otter Rock, OR

This home is located at 7045 Otter Crest Loop Unit 5, Otter Rock, OR 97369 since 17 September 2019 and is currently priced at $214,768, approximately $271 per square foot. This property was built in 1969. 7045 Otter Crest Loop Unit 5 is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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