NOT LISTED FOR SALE

1550 SE Alder Way Toledo, OR 97391

Estimated Value: $463,000 - $584,000

3 Beds
2 Baths
1,664 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $519,000 $312 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,142/month

25 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Forced Air Cooling System

About This Home

As of July 2023

Beautiful Custom Craftsman Home just minutes from the Pacific ocean and Yaquina Bay. 3 bedrooms, 2 full baths. Expansive great room. culinary-style kitchen, granite countertops, ceramic backsplashes, stainless steel appliances, soft closing cabinets, 2 convection ovens, under cabinet lighting endless hot water. Acacia laminate flooring adds a touch of luxury. Large main bedroom with ensuite features a large shower w/2 heads, and amazing storage. Bathrooms boast travertine tile and upscale fixtures. Laundry room w/double sink and great storage. Natural light fills the home via skylights and large windows. Oversized Garage w/attic storage, Trex deck with a view, cobble stone walkways, Hardiplank exterior w/rock facade, paved off-street parking. Come home to your dream house!

Last Agent to Sell the Property

Connie Whaley

Martek Real Estate Brokerage Phone: 541-265-8785 License #201225845 Listed on: 05/27/2023

Last Buyer's Agent

Stacey Clendenin

Realty One Group At The Beach, Newport License #201220935

Realty One Group At The Beach, Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 2016

Lot Details

  • 0.27 Acre Lot
  • Irregular Lot
  • Property is zoned R-S Residential Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Cooling System
  • Heat Pump System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Olalla Heights Subdivision

Listing and Financial Details

  • Tax Lot 1701
  • Assessor Parcel Number 111017DD-1701-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,534

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.2
  • Road Surface Type: Paved
  • Subdivision Name: Olalla Heights
  • Directions: Business Hwy 20 Toledo to Sturdevant, Left on Alder Lane, Right on Alder Way.
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Year Built: 2016
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 11,761
  • General Property Description:_pound_ of Acres: 0.27
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1701
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Craftsman
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Gas
  • Alternate Heat:None7: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Siding:Concrete Composite: Yes
  • Flooring:Tile2: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Other, Carpet, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: None
  • Foundation Details: Permanent
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Electric Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111017DD-1701-00
  • Zoning: R-S Residential Single Family

Tax Info

  • Tax Annual Amount: 3534.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Craven Susan Kay
Bought by
Susan Craven Living Trust and Craven
Current Estimated Value
$534,468

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 25, 2023
Sold by
Kenney Esther L and Kenney Philip S
Bought by
Craven Susan Kay
Seller's Agent
Connie Whaley
Martek Real Estate
Buyer's Agent
Stacey Clendenin
Realty One Group At The Beach, Newport
List Price
$539,900
Sold Price
$519,000
Premium/Discount to List
-$20,900
-3.87%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$319,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2019
Closed on
Mar 12, 2019
Sold by
Hansen Howard William and Hansen Cherry L
Bought by
Kenney Esther L and Kenney Phillip S
Seller's Agent
FSBO
For Sale By Owner
Buyer's Agent
Connie Whaley
Martek Real Estate
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$175,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2014
Sold by
Everhart Nancy C
Bought by
Hansen William B and Hansen Cherry L
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Susan Craven Living Trust -- None Listed On Document
Craven Susan Kay $519,000 Western Title
Kenney Esther L $335,000 Western Title & Escrow
Hansen William B $50,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craven Susan Kay $319,000
Previous Owner Kenney Esther L $175,000
Previous Owner Hansen Howard William $90,000
Previous Owner Hansen Howard William $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $519,000 -3.9% $312 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $539,900 +61.2% $324 / Sq Ft
03/19/2019 03/19/19 For Sale $335,000 0.0% $201 / Sq Ft
03/15/2019 03/15/19 Sold $335,000 -- $201 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
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 $3,675 $236,360 -- --
2023 $3,644 $229,480 $0 $0
2022 $3,534 $222,800 $0 $0
2021 $3,446 $216,320 $0 $0
2020 $3,372 $210,020 $0 $0
2019 $3,247 $203,910 $0 $0
2018 $3,182 $197,980 $0 $0
2017 $3,085 $192,220 $0 $0
2016 $2,856 $186,630 $0 $0
2015 $471 $30,610 $0 $0
2014 $441 $29,430 $0 $0
2013 -- $29,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 23-970

APN: R44513