NOT LISTED FOR SALE

7571 NE 50th St Otis, OR 97368

Estimated Value: $1,420,000 - $1,816,148

4 Beds
4 Baths
6,200 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $1,100,000 $177 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $11,308/month

107 Days on Market

Highlights

  • Ocean View
  • Deck
  • Vaulted Ceiling
  • RV Access or Parking
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2019

What is Love? It is everything that makes life worth living. It is hard to imagine a place more conducive for loving your life. Sustainable green built custom home down to the carpet fibers & a haven for the environmentally sensitive. A perfect balance of design, function & luxury that took 4 years to complete. Absolute attention to detail & quality features throughout, from the moment of your arrival at the impressive entranceway it is evident no expense has been spared in creating a spectacular world class home. The unparalleled natural beauty of Cascade Head frames everchanging Pacific Ocean views. Secured by a private gate & fully fenced with an all organic orchard, gardens & lavender field. Fall in love with the serenity of space & add your name to the legacy of this magical place.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 10/23/2018

Last Buyer's Agent

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 10/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,275

Year Built

  • Built in 2005

Lot Details

  • 3.37 Acre Lot
  • Property is zoned RR-5 Rural 5 acre

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 6,200 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Natural lighting in basement
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061031C-1202-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,275

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 3.37
  • Lot Size: Irregular
  • Lot Size Sq Ft: 146797.2
  • Road Surface Type: Gravel
  • Directions: N Hwy 101 to NE East Devils Lake Rd. to NE 50th St uphill to address.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2005
  • Attribution Contact: john@loveoceanfront.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 3.37
  • Location Tax and Other Information:Tax Lot: 02503
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: na
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Miscellaneous:Den: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: Negotiable
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con, Slab
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 3
  • Miscellaneous:RV Parking: Yes

Utilities

  • Water Source: Well
  • HeatingCooling:Gas Forced Air: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061031C-1202-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 12274.57
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Mar 6, 2019
Sold by
James Daniel S and James Irene C
Bought by
Kohlstaedt Anne T and Stipak Alice I
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
John Iwamura
JKI Realty
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,820,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,592
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jun 10, 2005
Sold by
Northwest Inc
Bought by
James Daniel S and James Irene C
Source: Public Records

Range of Values:

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Average Value
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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
Kohlstaedt Anne T $1,100,000 Western Title & Escrow
James Daniel S -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohlstaedt Anne T $950,400
Previous Owner James Irene C $300,000
Previous Owner James Daniel S $250,000
Previous Owner James Daniel S $125,000
Previous Owner James Daniel S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $1,100,000 -8.3% $177 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $1,200,000 -- $194 / 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 $15,030 $1,181,310 -- --
2023 $14,556 $1,146,910 $0 $0
2022 $14,132 $1,113,510 $0 $0
2021 $13,360 $1,081,080 $0 $0
2020 $13,093 $1,049,600 $0 $0
2019 $12,617 $1,019,030 $0 $0
2018 $12,367 $989,350 $0 $0
2017 $11,774 $960,540 $0 $0
2016 $10,900 $932,570 $0 $0
2015 $10,690 $905,410 $0 $0
2014 $10,409 $879,040 $0 $0
2013 -- $853,440 $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: 18-2722

APN: R426979