NOT LISTED FOR SALE

Estimated Value: $69,000 - $315,000

0.17 Acre
$892,818 Price per Acre
7,405 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $59,000

Est. 157% increase in value since last sale

Current estimated payment $889/month

130 Days on Market

About This Lot

As of October 2021

Nice level lot in Otis, just minutes to the beach and shops. This homesite has plenty of room and would be a great location for your new manufactured or site built home. See it soon!

Last Listed By

Char Brown

At the Beach Real Estate License #910500041 Listed on: 05/29/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,011

Year Built

  • 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Property is zoned R-1 Residential, Single

Mobile Home

  • Mobile Home Allowed

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 800
  • Assessor Parcel Number 061034BD-800-00

Community Details

Overview

  • No Home Owners Association
  • Panther Creek Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,011

Year Built

1980

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.17
  • Lot Size: 68x101x81x100 m/l
  • Lot Size Sq Ft: 7405.2
  • Road Surface Type: Gravel
  • Subdivision Name: Panther Creek
  • Directions: Hwy 18, north on old scenic 101, rt on North Bank Rd, left on Panther Creek Rd to Bridge St to Deerlane loop.
  • Contract Information:BankLender Owned: Yes
  • 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: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 7536
  • General Property Description:_pound_ of Acres: 0.17
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 800
  • Miscellaneous Survey: Recorded
  • Topography:Level: Yes
  • Electric:At Street2: Yes
  • General Property Description:Lot Dimensions: 68x101x81x100 m/l
  • Water:None: Yes
  • Septic:Septic In2: Yes
  • Special Features: None
  • Year Built (Public Record): 1980

Exterior Features

  • View: None

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: Other, None
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No
  • Association Fee Inclusions:Other11: Water & Road Assessments inc on Tax bill

Lot Info

  • Parcel #: 061034BD-800-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1011.16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Wilsford Michae L and Wilsford Theresa
Bought by
Wilsfoed Theresa L and Wilsford Linda
Total Days on Market
130
Current Estimated Value
$151,779

Purchase Details

Listed on
May 29, 2021
Closed on
Oct 11, 2021
Sold by
Pennymac Loan Servics Llc
Bought by
Wilsford Michael and Wilsford Theresa
Seller's Agent
Char Brown
At the Beach Real Estate
Buyer's Agent
Chantelle Charpentier
Martek Real Estate
List Price
$67,000
Sold Price
$59,000
Premium/Discount to List
-$8,000
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%

Purchase Details

Closed on
Oct 1, 2020
Sold by
Secretary Of Housing And Urban Dev
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
May 26, 2020
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 23, 2020
Sold by
Weltch Robin L and Estate Of Kevin M Ryan
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Feb 24, 2020
Sold by
Weltch Robin L and Weltch Kevin Spence
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Oct 28, 2005
Sold by
Marx Benjamin B and Marx Janice I
Bought by
Weltch Robin L and Ryan Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,140
Interest Rate
5.74%
Mortgage Type
FHA

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
Wilsfoed Theresa L -- None Listed On Document
Wilsford Michael $59,000 Western Title
Pennymac Loan Services Llc -- None Available
Secretary Of Housing & Urban Development -- None Available
Pennymac Loan Services Llc $100,696 None Available
Pennymac Loan Services Llc $100,696 None Available
Weltch Robin L $95,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weltch Robin L $77,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $59,000 -11.9% --
09/24/2021 09/24/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $67,000 -- --
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 $570 $39,510 $39,510 --
2023 $552 $38,360 $0 $0
2022 $536 $37,250 $0 $0
2021 $380 $27,060 $0 $0
2020 $1,011 $71,400 $0 $0
2019 $975 $69,330 $0 $0
2018 $955 $67,320 $0 $0
2017 $911 $65,360 $0 $0
2016 $837 $63,460 $0 $0
2015 $799 $61,010 $0 $0
2014 $809 $61,620 $0 $0
2013 -- $60,450 $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: 21-1077

APN: R319680