NOT LISTED FOR SALE

899 N Three Rocks Rd Otis, OR 97368

Estimated Value: $786,345 - $1,041,000

3 Beds
2 Baths
3,496 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $550,000 $157 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,124/month

137 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • 3 Car Garage
  • Fireplace
  • Tile Flooring
  • Utility Room

About This Home

As of March 2018

Incomparable & absolutely private acre estate with river frontage and minutes away from Cascade Head. Solidly constructed mid century contemporary home is unique with thick plaster walls and outside brick which create a peaceful quiet environment even through the worst storms. Extensive full views of the Salmon River Estuary offer endless wildlife entertainment where deer, elk, herons, otters, beavers, seals reside. One of the best fishing holes in the area known for Salmon up to 45 pounds, all yours.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 10/07/2017

Last Buyer's Agent

Michel Roy

Lincoln City Realty, LLC License #200602207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1958

Lot Details

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

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,496 Sq Ft Home
  • Fireplace
  • Family Room
  • Living Room
  • Utility Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 061124D-800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,699

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Lot Size: irregular
  • Lot Size Sq Ft: 40075.2
  • Road Surface Type: Paved
  • Directions: N Hwy 101 to N Three Rocks Rd, West to address on left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1958
  • Attribution Contact: john@loveoceanfront.com
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Refrigerator, Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Other, Tile
  • Window Features: Window Treatments
  • Fireplace Features: Wood Burning
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Irregular Lot
  • View: Mountain(s)
  • Waterfront: Yes
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Composition
  • View: Mountain(s)
  • Foundation Details: Slab
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached Garage
  • Parking Features: Detached Garage

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Heating: Hot Water

Lot Info

  • Parcel #: 061124D-800-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 3698.98
  • Tax Lot: 800
  • Tax Map Number: 6-11-24 D
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Sund Victor Kenneth and Sund Maria Esther
Bought by
Sund Victor K and Sund Maria E
Current Estimated Value
$893,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$426,358
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$467,478

Purchase Details

Closed on
Dec 8, 2020
Sold by
Sund Victor Kenneth and Sund Maria Esther
Bought by
Victor & Maria Sund Family Trust and Sund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 7, 2017
Closed on
Mar 29, 2018
Sold by
Curry Jane L and Boffin Judith E
Bought by
Sund Victor K and Sund Maria E
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Michel Roy
Lincoln City Realty, LLC
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Oct 7, 2017
Closed on
Mar 27, 2018
Sold by
Curry Jane Lee and Boffin Judith Elaine
Bought by
Suns Victor Kenneth and Sunds Maria Esther
Seller's Agent
John Iwamura
JKI Realty
Buyer's Agent
Michel Roy
Lincoln City Realty, LLC
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sund Victor K -- None Available
Victor & Maria Sund Family Trust -- Western Title
Sund Victor K $550,000 Western Title
Suns Victor Kenneth $550,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sund Victor K $480,000
Previous Owner Victor & Maria Sund Family Trust $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2018 03/30/18 Sold $550,000 0.0% $157 / Sq Ft
03/30/2018 03/30/18 Sold $550,000 -4.3% $157 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
01/09/2018 01/09/18 Price Changed $575,000 -11.5% $164 / Sq Ft
10/07/2017 10/07/17 For Sale $650,000 0.0% $186 / Sq Ft
08/29/2016 08/29/16 For Sale $650,000 -- $186 / Sq Ft
Source: Oregon Coast Multiple Listing Service

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
2025 $5,948 $477,540 -- --
2024 $5,823 $463,640 -- --
2023 $5,641 $450,140 $0 $0
2022 $5,478 $437,030 $0 $0
2021 $5,178 $424,310 $0 $0
2020 $5,076 $411,960 $0 $0
2019 $4,513 $368,530 $0 $0
2018 $4,413 $357,800 $0 $0
2017 $4,144 $347,380 $0 $0
2016 $3,783 $337,270 $0 $0
2015 $3,699 $327,450 $0 $0
2014 $3,540 $312,220 $0 $0
2013 -- $317,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Iwamura

    JKI Realty

    Section Image
  • Michel Roy

    Buyer's Agent in 2018

    Michel Roy

    Lincoln City Realty, LLC

    (541) 992-1683

    81 Total Sales

    Michel Roy
    Section Image
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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-79734

Oregon Coast Multiple Listing Service

APN: R360567

Oregon Lincoln County Otis 97368

899 N Three Rocks Rd, Otis, OR

Not Listed for Sale

Detached

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