NOT LISTED FOR SALE

1361 1st St Florence, OR 97439

Estimated Value: $665,336

2 Beds
2 Baths
2,895 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $510,000 $176 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,811/month

2 Days on Market

About This Home

As of March 2021

Rare Residential/Commercial property just a block from Bay Street. This beautiful, custom built gem is a gorgeous place to work and call home with its natural light and impressive 12 foot ceilings. Live and work in the heart of Old Town Florence. Walk to your favorite coffee shop, restaurants and boardwalk. Separate living quarters upstairs. Schedule your personal showing today!

Last Agent to Sell the Property

Timothy Sapp

TR Hunter Real Estate License #911200216 Listed on: 02/13/2021

Last Buyer's Agent

Timothy Sapp

TR Hunter Real Estate License #911200216 Listed on: 02/13/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 4,356

Parking

  • Attached Garage

Home Design

  • Cement Siding

Additional Features

  • 2-Story Property
  • Property is zoned OTDA
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

4,356 Sq Ft Lot

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Live Work Unit
  • Sq Ft Calculated: 2895
  • Sq Ft Approximate Total: 2895
  • Stories: 2
  • Year Built: 1951
  • Property Condition: Resale
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Kitchen Appliances: Free-Standing Range
  • Legal Description: TL 04800
  • Sq Ft Main Level: 2085
  • Upper Level Sq Ft: 810
  • Bedrooms: 2
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 2
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Lot Info

  • Acres: 0.10
  • Zoning: OTDA

Tax Info

  • Tax Amount: 3960.59
  • Assessor Parcel Number: 801900
  • Tax Year: 2020

MLS Schools

  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle School: Siuslaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 15, 2021
Sold by
Stone Kathryn A and Sandra A Lane Trust
Bought by
Sapp Timothy N
Seller's Agent
Timothy Sapp
TR Hunter Real Estate
Buyer's Agent
Timothy Sapp
TR Hunter Real Estate
List Price
$590,000
Sold Price
$510,000
Premium/Discount to List
-$80,000
-13.56%
Current Estimated Value
$665,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,336
Avg. Annual Appreciation
5.59%
Original Mortgage
$382,500
Outstanding Balance
$342,104
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$326,877

Purchase Details

Closed on
Oct 11, 2019
Sold by
Lane Sandra A
Bought by
Lane Sandra A and Stone Kathryn A

Purchase Details

Closed on
Dec 17, 2007
Sold by
Owen Jeanne
Bought by
Lane Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.2%
Mortgage Type
Commercial
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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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
Sapp Timothy N $510,000 First American Title
Lane Sandra A -- None Available
Lane Sandra $425,000 Western Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sapp Timothy N $382,500
Previous Owner Lane Sandra $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $510,000 -13.6% $176 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $590,000 -- $204 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,645 $340,431 -- --
2024 $4,511 $330,516 -- --
2023 $4,511 $320,890 $0 $0
2022 $4,208 $311,544 $0 $0
2021 $4,056 $302,470 $0 $0
2020 $3,961 $293,661 $0 $0
2019 $3,855 $285,108 $0 $0
2018 $3,871 $268,742 $0 $0
2017 $3,734 $268,742 $0 $0
2016 $3,543 $260,915 $0 $0
2015 $3,601 $256,923 $0 $0
2014 $3,563 $249,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21507447

Regional Multiple Listing Service (RMLS)

APN: 0801900

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