NOT LISTED FOR SALE

8700 NE Ridgecrest Ct Otis, OR 97368

Estimated Value: $623,152 - $684,000

3 Beds
2 Baths
2,128 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $286,000 $134 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,985/month

17 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of April 2013

Gorgeous AS NEW, immaculate, ocean view home! Hardwood floors, granite counter tops, vaulted ceilings, in a secluded country location, yet only 10 minutes to beaches, casino, & all of the amenities of Lincoln City. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Mortgage & HomePath Renovation Mortgage financing.

Last Listed By

Jerry Biesterfeld

Taylor & Taylor Realty Company License #200606246 Listed on: 02/15/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 2007

Lot Details

  • 1.67 Acre Lot
  • Irregular Lot
  • Property is zoned R-1 Residential, Single

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Highland Estates Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 23
  • Assessor Parcel Number 061031C-300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,363

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 1.67
  • Lot Size: Irr
  • Lot Size Sq Ft: 72745.2
  • Road Surface Type: Gravel
  • Subdivision Name: Highland Estates
  • Directions: Hwy 101 to Highland Rd. to Ridgecrest, house on left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2007
  • Contract Information:BankLender Owned: Yes
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 1.67
  • Location Tax and Other Information:Tax Lot: 300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • General Property Description:Lot Dimensions: Irr
  • Location Tax and Other Information:Subdv ParcelLot: 23
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Hardi Plank: Yes
  • Lot Type:Irregular: Yes
  • Sewerseptic In: Yes
  • Miscellaneous Possession: COE
  • External Features:DeckPatio: Deck
  • External Features:Outbuildings: Shed
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot
  • View: Mountain
  • Foundation Details: Cont/Con
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Well
  • HeatingCooling:Electric Forced Air: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association: No

Association/Amenities

  • CondoAssociation:CondoAssoc Fee (MQY): Yearly

Lot Info

  • Parcel #: 061031C-300-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3363.02
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2014
Sold by
Phipps Rita L and Phipps Heather L
Bought by
Phipps Heather L and Phipps Rita L
Total Days on Market
17
Current Estimated Value
$645,288

Purchase Details

Listed on
Feb 15, 2013
Closed on
Apr 25, 2013
Sold by
Federal National Mortgage Association
Bought by
Phipps Rita L and Phipps Heather L
Seller's Agent
Jerry Biesterfeld
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$286,000
Sold Price
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$228,800
Outstanding Balance
$165,732
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$479,556

Purchase Details

Closed on
Jan 2, 2013
Sold by
Martin Scott R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 10, 2007
Sold by
Rsj Properties Llc
Bought by
Martin Scott R

Purchase Details

Closed on
May 9, 2007
Sold by
Rsj Properties Llc
Bought by
Martin Scott R

Purchase Details

Closed on
Dec 8, 2005
Sold by
Calkins Tull Angela R
Bought by
Rsj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.14%
Mortgage Type
Seller Take Back

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
Phipps Heather L -- None Available
Phipps Rita L $286,000 Wte
Federal National Mortgage Association -- First American Title Ins Co
Martin Scott R -- Wte
Martin Scott R -- Wte
Rsj Properties Llc $78,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Rita L $228,800
Previous Owner Martin Scott R $378,000
Previous Owner Rsj Properties Llc $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $286,000 0.0% $134 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $286,000 -- $134 / 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 $4,888 $380,650 -- --
2023 $4,735 $369,570 $0 $0
2022 $4,599 $358,810 $0 $0
2021 $4,350 $348,360 $0 $0
2020 $4,264 $338,220 $0 $0
2019 $4,110 $328,370 $0 $0
2018 $3,917 $318,810 $0 $0
2017 $3,776 $309,530 $0 $0
2016 $3,453 $300,520 $0 $0
2015 $3,376 $291,770 $0 $0
2014 $3,231 $278,180 $0 $0
2013 -- $282,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jerry Biesterfeld

    Taylor & Taylor Realty Company

  • O

    Buyer's Agent in 2013

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 13-433

APN: R398603

Oregon Lincoln County Otis 97368

8700 NE Ridgecrest Ct, Otis, OR

Homes for Sale in Otis, OR

This home is located at 8700 NE Ridgecrest Ct, Otis, OR 97368 since 15 February 2013 and is currently estimated at $645,288, approximately $303 per square foot. This property was built in 2007. 8700 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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