NOT LISTED FOR SALE

7749 NE 50th St Otis, OR 97368

Estimated Value: $693,000 - $1,112,000

3 Beds
1 Bath
1,350 Sq Ft
$742/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $161,000 $119 Per Sq Ft

Est. 522% increase in value since last sale

Current estimated payment $5,874/month

Highlights

  • Barn
  • Deck
  • Main Floor Bedroom
  • Home fronts a creek
  • Vaulted Ceiling
  • Forced Air Heating System

About This Home

As of August 2017

Address is Otis but location is more Lincoln City. Just East of Devils Lake. Private acreage close to beach and Lincoln City. Large Pole Barn/Shop on property. Bring your skills to restore this mini-ranch at the beach! Cash or rehab loan only.

Last Agent to Sell the Property

Stephanie Schriber

RE/MAX HomeSource License #200609037 Listed on: 08/14/2017

Last Buyer's Agent

Stephanie Schriber

Berkshire Hathaway NW RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1975

Lot Details

  • 3.76 Acre Lot
  • Home fronts a creek
  • Partially Fenced Property
  • Property is zoned RR5

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Bathroom

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shop

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Drilled Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Co Selling Member Short Id: 172
  • Heating System: Forced Air
  • Unit Levels: 2 Story
  • LIST135: 17
  • Listing Member Name: Stephanie Schriber
  • Listing Office Short Id: rex
  • Major Area: LINCOLN
  • Minorarea: Lincoln City
  • Open House Office I D: 20110106194958116004000000
  • Prop. Type: Residential
  • Selling Member Short Id: 201
  • Selling Office Short Id: rex
  • Street Sfx: Street
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Accessibility: Entry Level Bedroom
  • Interior Amenities: Ceilings-Vaulted, Fans-Ceiling
  • Total Bathrooms: 1.00
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood Siding
  • Exterior Features: Bldg/Barn(s), Bldg/Shop, Deck/Wd Open, Fencing/Partial
  • Flood Zone: None
  • Foundation: Crawl Space
  • Number of Acres: 3.76
  • Roof: Composition
  • Street Road: Gravel
  • Total Sq Ft: 1350.00
  • View: Creek Front

Garage/Parking

  • Garage/Parking: Off Street Spaces
  • Garage Stall: 0
  • Garage Type: None

Utilities

  • Sewer: Septic/Installed
  • Utilities: Electricity Available
  • Hot Water: Well Drilled

Fee Information

  • Taxes: 1664.40

Lot Info

  • Zoning: RR5

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Bedrooms: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2018
Sold by
Berringer Henry R and Berringer Barbara J
Bought by
Fostveit Bobb J and Fostveit Cynthia M
Current Estimated Value
$1,001,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 14, 2017
Closed on
Aug 10, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Berringer Henry R and Berringer Barbara J
Seller's Agent
Stephanie Schriber
RE/MAX HomeSource
Buyer's Agent
Stephanie Schriber
Berkshire Hathaway NW RE
Sold Price
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.58%

Purchase Details

Closed on
Jan 6, 2017
Sold by
Montgomery Shannon M and Montgomery Jesse J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 11, 2016
Sold by
Montgomery Shannon M and Montgomery Jesse J
Bought by
Specialized Loan Servicing Llc

Purchase Details

Closed on
Mar 8, 2006
Sold by
Raisch Shirley A
Bought by
Montgomery Jesse J and Montgomery Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First
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
Fostveit Bobb J $164,000 Western Title & Escrow
Berringer Henry R $161,000 Wt
Deutsche Bank National Trust Company $207,000 None Available
Specialized Loan Servicing Llc $207,000 Wte
Montgomery Jesse J $245,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fostveit Bobb J $120,000
Open Fostveit Bobb J $499,000
Closed Fostveit Bobb J $440,000
Closed Fostveit Bobb J $161,800
Closed Fostveit Bobb J $155,000
Previous Owner Montgomery Jesse J $196,000
Previous Owner Montgomery Jesse J $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $161,000 0.0% $119 / Sq Ft
08/14/2017 08/14/17 Sold $161,000 -0.3% $119 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $161,500 -- $120 / Sq Ft
Source: Tillamook Board of REALTORS®

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 $6,431 $502,420 -- --
2023 $6,229 $487,790 $0 $0
2022 $6,049 $473,590 $0 $0
2021 $5,221 $419,220 $0 $0
2020 $2,987 $235,320 $0 $0
2019 $2,646 $209,440 $0 $0
2018 $1,881 $145,940 $0 $0
2017 $1,793 $141,690 $0 $0
2016 $1,664 $137,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Schriber

    Seller's Agent in 2017

    Stephanie Schriber

    eXp Realty LLC

    (503) 290-6958

    123 Total Sales

    Stephanie Schriber
    Section Image

  • S

    Buyer's Agent in 2017

    Sandra Lamb

    Cascade Sotheby's International Realty

    Section Image

  • A

    Buyer Co-Listing Agent in 2017

    Agent Outside Mls

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Map

Source: Tillamook Board of REALTORS®

MLS Number: 17-568

Tillamook Board of REALTORS®

APN: R433980

Oregon Lincoln County Otis 97368

7749 NE 50th St, Otis, OR

This home is located at 7749 NE 50th St, Otis, OR 97368 since 14 August 2017 and is currently estimated at $1,001,787, approximately $742 per square foot. This property was built in 1975. 7749 NE 50th St 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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