NOT LISTED FOR SALE

1049 Olalla Rd Toledo, OR 97391

Estimated Value: $302,000 - $398,000

2 Beds
1 Bath
1,134 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $297,000 $262 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,168/month

7 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Patio
  • Forest View
  • No HOA
  • Shed

About This Home

As of November 2022

Bring your tools & imagination! This 2 Bed / 1 Bath fixer sits perfectly in a county setting on 5.02 acres! Enjoy peace & privacy surrounded by nature! Conveniently located just a short drive to Olalla Lake, which is generously stocked with hatchery Rainbow Trout in the early season and has great fishing year round, plus a boat launch and picnic tables - making it a wonderful place to spend the day! Investors, with some sweat equity this will be a great investment opportunity! Come and see it today and start making plans to create your own private retreat!

Last Agent to Sell the Property

Alishia Smith

Coldwell Banker Professional Group - Newport License #201241702 Listed on: 08/10/2022

Co-Listed By

Stacey Clendenin

Coldwell Banker Professional Group - Newport License #201220935

Last Buyer's Agent

Kylie Lynch

Kelly Right Real Estate of Portland License #201237536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Forest Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 300
  • Assessor Parcel Number 101032D-300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,817

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 5.02
  • Lot Size Sq Ft: 218671.2
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Directions: Hwy 20 to left on Olalla Rd, follow to address on the left. Directly across from Olalla Golf Course.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1920
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: Forest
  • General Property Description:Lot SqFt: 218,671
  • General Property Description:_pound_ of Acres: 5.02
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 300
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Foundation:Block2: Yes
  • Flooring:Carpet: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Deck and Patio: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet

Exterior Features

  • View: Forest
  • Other Structures: Shed
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Carport
  • General Property Description:Garage Stall: 4

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Well
  • Sewer Septic: Yes
  • Water Well: Yes
  • HeatingCooling:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 101032D-300-00
  • Zoning: RR-5 Rural 5 acre
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1816.64
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Chirrick Chelsea Marie and Hayner Cody Russell
Bought by
Hayner Cody Russell and Hayner Chelsea Marie
Current Estimated Value
$361,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,062
Outstanding Balance
$318,251
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$54,679

Purchase Details

Listed on
Aug 10, 2022
Closed on
Nov 15, 2022
Sold by
Brei Jerry L
Bought by
Hayner Cody Russell and Chirrick Chelsea Marie
Seller's Agent
Alishia Smith
Coldwell Banker Professional Group - Newport
Buyer's Agent
Kylie Lynch
Kelly Right Real Estate of Portland
List Price
$325,000
Sold Price
$297,000
Premium/Discount to List
-$28,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$325,498
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Hayner Cody Russell -- Fidelity National Title
Hayner Cody Russell $297,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayner Cody Russell $320,062
Previous Owner Hayner Cody Russell $325,498
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $297,000 -8.6% $262 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $325,000 -- $287 / 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 $1,968 $162,580 -- --
2023 $1,907 $157,850 $0 $0
2022 $1,850 $153,260 $0 $0
2021 $12 $260 $0 $0
2020 $1,770 $144,470 $0 $0
2019 $1,678 $140,530 $0 $0
2018 $1,683 $136,450 $0 $0
2017 $1,619 $132,490 $0 $0
2016 $1,446 $128,640 $0 $0
2015 $1,400 $124,650 $0 $0
2014 $1,353 $121,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alishia Smith

    Coldwell Banker Professional Group - Newport

  • S

    Seller Co-Listing Agent in 2022

    Stacey Clendenin

    Coldwell Banker Professional Group - Newport

  • K

    Buyer's Agent in 2022

    Kylie Lynch

    Kelly Right Real Estate of Portland

    25 Total Sales

    Kylie Lynch
    Section Image
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Map

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

MLS Number: 22-1718

APN: R447902

Oregon Lincoln County Toledo 97391

1049 Olalla Rd, Toledo, OR

This home is located at 1049 Olalla Rd, Toledo, OR 97391 since 10 August 2022 and is currently estimated at $361,136, approximately $318 per square foot. This property was built in 1920. 1049 Olalla Rd is a home located in Lincoln County with nearby schools including Toledo Elementary School, Toledo Junior/Senior High School, and Abundant Life Academy.

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