Rare opportunity to buy two cleared tax lots with already installed utilities. Most of the hard work has already been done and the property is ready to customize. Updates done to the lot include brand new underground electricity to the power head, new water lines, a functioning and connected septic system, and a fire hydrant installed. Fully prepped for you to build on or have a home delivered. The property is also landscaped with fruit trees, a mature magnolia tree and a mature rhododendron in front. Zoned R1 or RC for flexibility! Set up a tour today to explore the land and inside the outbuildings and see what life 10 minutes from the Ocean is like! At the back of the property you have access to Panther creek, a little bit of everything!
Closed
$175,000
31 N Spring Dr, Otis, OR 97368
--beds
0baths
0.28Acres
Land
Built in ----
0.28 Acres Lot
$209,100 Zestimate®
$--/sqft
$1,691 Estimated rent
Home value
$209,100
$167,000 - $253,000
$1,691/mo
Zestimate® history
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$1,121/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Torianna M Whitbeck 214-934-8204,
Realty One Group At the Beach,
Bought with:
Torianna M Whitbeck, 201253469
Realty One Group At the Beach,
Source: OCMLS,MLS#: LC-103627
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.28 Acres
- Features: Level
Details
- Parcel number: 061033AD710000
- Zoning description: R-1 Residential, Single Family
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Otis
Financial & listing details
- Tax assessed value: $138,700
- Annual tax amount: $914
- Date on market: 4/18/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $175,000-12.5% |
Source:  OCMLS #LC-103627 Report a problem | ||
| 6/7/2025 | Pending sale | $200,000 |
Source: OCMLS #25-815 Report a problem | ||
| 5/23/2025 | Price change | $200,000-11.1% |
Source: OCMLS #25-815 Report a problem | ||
| 4/18/2025 | Listed for sale | $225,000+104.5% |
Source: OCMLS #25-815 Report a problem | ||
| 8/6/2021 | Sold | $110,000 |
Source: OCMLS #LC-93116 Report a problem | ||
| 7/7/2021 | Price change | $110,000-8.3% |
Source:  OCMLS #21-600 Report a problem | ||
| 5/29/2021 | Price change | $120,000-4% |
Source: OCMLS #21-600 Report a problem | ||
| 3/24/2021 | Listed for sale | $125,000+62.3% |
Source: OCMLS #21-600 Report a problem | ||
| 5/20/2014 | Sold | $77,000 |
Source: OCMLS #14-1056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $557 +62.1% | $40,160 +63.5% |
| 2024 | $343 +3.2% | $24,560 +3% |
| 2023 | $333 +3% | $23,850 +3% |
| 2022 | $323 +2.3% | $23,160 +3% |
| 2021 | $316 +5.3% | $22,490 +3% |
| 2020 | $300 | $21,840 +3% |
| 2019 | -- | $21,210 +3% |
| 2018 | $292 | $20,600 +3% |
| 2017 | $292 +12.5% | $20,000 +3% |
| 2016 | $260 | $19,420 +3% |
| 2015 | $260 +4.8% | $18,860 +2.9% |
| 2014 | $248 | $18,320 +3% |
| 2013 | $248 +6% | $17,790 +3% |
| 2012 | $234 +4.5% | $17,280 +3% |
| 2011 | $224 +2.9% | $16,780 |
| 2010 | $217 +3.1% | $16,780 +6% |
| 2009 | $211 +67.8% | $15,830 +63.5% |
| 2008 | $126 +2.2% | $9,680 +6% |
| 2007 | $123 | $9,130 |
Find assessor info on the county website
Neighborhood: 97368
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Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 5.1 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 7.5 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 7.4 mi
- Oregon
- Lincoln County
- Otis
- 97368
- 31 N Spring Dr
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