NOT LISTED FOR SALE

8385 NE Ridgecrest Ct Otis, OR 97368

Estimated Value: $803,233

7 Acres
$114,748 Price per Acre
304,920 Sq Ft Lot

Last Sold August 27, 2021

Last sale price $157,000 $64 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $4,505/month

178 Days on Market

About This Lot

As of August 2021

7 acres in the beautiful Highland Estates, a forested area 5 minutes from Lincoln City. , Many trees were burnt or removed after the September fires but many old growth trees still remain . The driveway and the cleared area for the home is still intact and the septic is in place. Condition of the well is unknown at this time.. Price reduced and there is still time to get fees reduced in the county for either a nice stick built home or luxury manufactured home.. 2 driveway lead to a flat building site.

Last Listed By

MerryAnn Blanchard

Taylor & Taylor Realty Company License #920800244 Listed on: 01/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,249

Year Built

  • 2004

Lot Details

  • 7 Acre Lot
  • Sloped Lot
  • Property is zoned RR-5 Rural 5 acre

HOA Fees

  • $50 Monthly HOA Fees

Utilities

  • Natural Gas Not Available
  • Well
  • Septic System

Additional Features

  • Forest Views
  • Mobile Home Allowed

Community Details

  • Highland Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 061031C-500-00

Property Details

Property Type

Land

Est. Annual Taxes

$3,249

Year Built

2004

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 7.0
  • Lot Size Sq Ft: 304920.0
  • Road Surface Type: Gravel
  • Subdivision Name: Highland Estates
  • Directions: Hwy 101 to Highland Rd. Right on Ridgecrest. Property at end of road on the right.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 7.0
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 500
  • Miscellaneous Survey: No
  • Topography:Sloped: Yes
  • Electric:On Property2: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 25
  • Septic:Septic In2: Yes
  • Special Features: None
  • Year Built: 2004

Exterior Features

  • View: Forest

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 061031C-500-00
  • Zoning: RR-5 Rural 5 acre
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3248.97
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $157,000 -21.1% $64 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $199,000 -59.8% $81 / Sq Ft
07/20/2018 07/20/18 Sold $495,000 -17.4% $203 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $599,000 -- $245 / 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 $24 $1,380 $1,380 --
2023 $23 $1,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MerryAnn Blanchard

    Taylor & Taylor Realty Company

    (541) 994-4174

    58 Total Sales

    MerryAnn Blanchard
    Section Image
  • Dennis Regen

    Buyer's Agent in 2021

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 992-5001

    673 Total Sales

    Dennis Regen
    Section Image
  • Jill Hurd

    Buyer Co-Listing Agent in 2021

    Jill Hurd

    Taylor & Taylor Realty Company

    (541) 992-1672

    417 Total Sales

    Jill Hurd
    Section Image
  • Amy Graham

    Seller's Agent in 2018

    Amy Graham

    Taylor & Taylor Realty Company

    (541) 992-1050

    412 Total Sales

    Amy Graham
    Section Image

  • M

    Buyer's Agent in 2018

    Misty Vandenburgh

    Taylor & Taylor Realty Company

See All Agents

Map

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

MLS Number: 21-119

APN: R524214

Oregon Lincoln County Otis 97368

8385 NE Ridgecrest Ct, Otis, OR

Homes for Sale in Otis, OR

This home is located at 8385 NE Ridgecrest Ct, Otis, OR 97368 since 25 January 2021 and is currently estimated at $803,233, approximately $328 per square foot. This property was built in 2004. 8385 NE Ridgecrest Ct 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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