$80,000
SOLD JAN 27, 2017
0.2 Acre
$400,000 Price per Acre
8,712 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

11% Below List Price

118 Days on Market

Highlights

  • Ocean View
  • Lot Has A Rolling Slope
  • 4-minute walk to Otter Rock Marine Garden and Beach

About This Lot

As of August 2017

Very nice OCEAN VIEW lot in Sea Crest @ Otter Rock. Very popular OCEAN FRONT gated subdivision with upper end homes and a secluded private beach. Clubhouse & tennis courts inside the gates. 7 minutes to Newport shopping & entertainment. Owner has house plans for a MODERN approx. 2100 sq. ft home that goes with the lot at closing. Owner will build to suit as well. Appraisal on file for $90k

Last Agent to Sell the Property

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 08/03/2016

Last Buyer's Agent

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191 Listed on: 08/03/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,234

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Property is zoned R-1 Residential, Single

Additional Features

  • Ocean Views
  • Natural Gas Not Available

Community Details

  • Property has a Home Owners Association
  • Sea Crest At Otter Rock Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 091129CD-9500-00

Property Details

Property Type

Land

Est. Annual Taxes

$1,234

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2
  • Lot Size: 95.66 x 90 / 95.79 x 93.3
  • Lot Size Sq Ft: 8712.0
  • Road Surface Type: Paved
  • Subdivision Name: Sea Crest at Otter Rock
  • Directions: Hwy 101 to Otter Rock Loop, turn to the Inn @ Otter Crest then go to the gate ( Sea Crest) - call for gate code. Drive until you see sign on left hand side.
  • 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: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.2
  • Location Tax and Other Information:Tax Lot: 9500
  • Miscellaneous Survey: Yes
  • Sewer:City Street2: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • General Property Description:Lot Dimensions: 95.66 x 90 / 95.79 x 93.3
  • Location Tax and Other Information:Subdv ParcelLot: 50
  • Topography:Rolling: Yes
  • Gas:None6: Yes
  • Location Tax and Other Information CC R: Yes
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 96.0
  • Association: Yes

Lot Info

  • Parcel #: 091129CD-9500-00
  • Zoning: R-1 Residential, Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1233.83
  • Tax Year: 2016

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $570,000 +612.5% $278 / Sq Ft
01/27/2017 01/27/17 Sold $80,000 -86.6% $39 / Sq Ft
12/16/2016 12/16/16 For Sale $599,000 +566.3% $292 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
11/30/2016 11/30/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $89,900 -- $44 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 16-2388