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2895 NE Loop Dr, Otis, OR, 97368

$995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,700 SqFt
$585/SqFt
House
Schools Nearby

Location

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2895 NE Loop Dr, Otis$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1954
HeatingForced Air
WaterfrontLake Front
FireplaceGas Fireplace
ViewLake
MLS #24235789
Lot Size0.13 Acres
StatusActive

About 2895 NE Loop Dr

One-of-a-kind lakefront front home on Devil's Lake now available for sale! Nestled in the quietest cove on the lake, this property enjoys very little wind compared to other lake locations. Home has been almost entirely updated including a new furnace, updated electrical panel, siding/exterior paint, Milgard windows, flooring, hot water heater, family & primary room enlargement, additional half-bath added, new shades and fixtures throughout, upstairs bathroom remodel - and more! Large covered porch and patio to enjoy all the breathtaking lake views. Ideal location on the loop with very little traffic, but only minutes from ocean beaches, restaurants, and fantastic shopping. Primary bedroom and laundry conveniently located on main floor. Cozy gas fireplace for chilly coastal evenings. Secure this unique property before it?s gone.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1954
  • Stories: 2
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Windermere Heritage
  • Office Phone: (503) 558-4400
  • Listing Agent: Ali Morrison

Interior Features

Interior Information:

  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Covered Deck, Covered Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Taft High School, Public District Grades 7-12
  • Taft Elementary School, Public District Grades 3-6

Other

Directions Information:

  • Directions: From west-bound Hwy 101, L on NE East Devil's Lake Rd. R on NE Loop Dr. Property is on the R.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $585/SqFt

Tax Information:

  • Annual Amount: $3,879
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Otis, OR.

Med. Sold Price

$760K

Med. Price/SqFt

$230

Avg. Days On Market

7

# of Sold Homes

3

2895 NE Loop Dr vs Otis

10 DAYS ON ROCKET

+3 Days

$995,000

+$235K More

$585/SqFt

+$354 More

KEY TAKEAWAY

This property is $235K more than the Median Sold Price and $354/SqFt more than other homes in Otis, OR.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24235789

Listing Office:

  • Office Name: Windermere Heritage
  • Office Phone: (503) 558-4400
  • Listing Agent: Ali Morrison

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 2:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,879$312,500
2019$3,515$285,410
2018$3,445$277,100
2017$3,495$286,770

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5364158
3
/10
  • Taft Elementary School

  • 4040 SE High School Dr

  • 3.95 miles

  • Public District Grades 3-6

High School

school-card-donut-5364159
3
/10
  • Taft High School

  • 3780 SE Spy Glass Ridge Dr

  • 3.77 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,479. Residents of Otis, OR typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2895 NE Loop Dr

What is the listing price of this property?

The listing price of 2895 NE Loop Dr property is $995,000.

What type of property is this?

The property 2895 NE Loop Dr is a house located in Otis, Oregon, 97368.

Is this property for sale now?

Active Listing: 2895 NE Loop Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2895 NE Loop Dr are:
Taft Elementary School: GreatSchools Rating 3/10
Taft High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,879 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2895 NE Loop Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2895 NE Loop Dr is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2895 NE Loop Dr is 1954.

Rocket Homes›Oregon›Lincoln County›Otis›97368›2895 NE Loop Dr

This home is located at 2895 NE Loop Dr in Otis, OR and zip code 97368 in the Viewpoint neighborhood. This 1,700 square foot home, which was built in 1954, sits on a 0.13 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $995,000.

While more than 0 listings in Otis, OR in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Listings spent 7 days on the market in April 2024, and had a median list price of $760,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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