$800,000
SOLD MAR 22, 2022

1567 1st St Florence, OR 97439

9 Beds
4 Baths
4,064 Sq Ft
7,318 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

4 Days on Market

Highlights

  • Detached Garage
  • Storage
  • High Speed Internet
  • Views
  • Washer and Dryer
  • 5-minute walk to Old Town Park

About This Home

As of November 2023

Apartments and group home in Old Town Florence. 2 apartments upstairs both with 2/1, full kitchen, dining and living rooms with river views. Downstairs is a full facility which can be used as a group home, half way house or as a home for a family. This area has 5/2, full kitchen, living area and an office. This unit has river/bay views and all is walking distance to Old Town. Private storage building and set up with fire protection sprinklers. Many uses and or possibilities. Come see it today!

Last Agent to Sell the Property

Amy Johnson

TR Hunter Real Estate License #201207982 Listed on: 01/14/2022

Last Buyer's Agent

Rick Cox

Coldwell Banker Coast Real Est License #790400271

Coldwell Banker Coast Real Est

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,030

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Level Lot

Parking

  • Detached Garage

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Fire Sprinkler System
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,030

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4064
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Updated/Remodeled
  • Remarks Public: Apartments and group home in Old Town Florence. 2 apartments upstairs both with 2/1, full kitchen, dining and living rooms with river views. Downstairs is a full facility which can be used as a group home, half way house or as a home for a family. This area has 5/2, full kitchen, living area and an office. This unit has river/bay views and all is walking distance to Old Town. Private storage building and set up with fire protection sprinklers. Many uses and or possibilities. Come see it today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 18-12-26-24-00401
  • Basement: Other
  • Storage: Locked

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Bay, River
  • Foundation Details: Other
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Detached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Zoned
  • Internet Service Type: Cable, Satellite
  • Security: Fire Sprinkler System, Handicap Access

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer, Window Coverings

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: OTDB

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: Yes
  • Assessor Parcel Number: 802080
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 2, 2023
Sold by
Gary Hoagland and Gary Loretta Hoagland
Bought by
Raines Raycen
Seller's Agent
John Barnett
Coldwell Banker Coast Real Est
Buyer's Agent
John Barnett
Coldwell Banker Coast Real Est
List Price
$1,450,000
Sold Price
$1,450,000
Views
20
Current Estimated Value
$1,492,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,586
Avg. Annual Appreciation
0.84%
Original Mortgage
$1,100,000
Outstanding Balance
$829,539
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
$640,952

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 16, 2022
Sold by
Shangri-La Corporation
Bought by
Gary Hoagland And Loretta Hoagland Family Tru
Seller's Agent
Amy Johnson
TR Hunter Real Estate
Buyer's Agent
Rick Cox
Coldwell Banker Coast Real Est
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.18%

Purchase Details

Closed on
Jan 2, 2004
Sold by
Midcoast Enterprises Inc
Bought by
The Shangri La Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,504
Interest Rate
5.86%
Mortgage Type
Unknown
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,450,000 First American Title
Warranty Deed $800,000 None Listed On Document
Warranty Deed -- Evergreen Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 Construction
Previous Owner $246,504 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,450,000 0.0% $357 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/21/2023 10/21/23 Off Market $1,450,000 -- --
10/04/2023 10/04/23 For Sale $1,450,000 0.0% $357 / Sq Ft
10/01/2023 10/01/23 Off Market $1,450,000 -- --
08/30/2023 08/30/23 For Sale $1,450,000 +81.3% $357 / Sq Ft
03/22/2022 03/22/22 Sold $800,000 +0.1% $197 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $799,000 -- $197 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2023 $11,030 $443,510 $0 $0
2022 $4,861 $359,842 $0 $0
2021 $0 $382,728 $0 $0
2020 $0 $371,581 $0 $0
2019 $0 $360,759 $0 $0
2018 $0 $340,050 $0 $0
2017 $0 $340,050 $0 $0
2016 -- $330,146 $0 $0
2015 -- $314,822 $0 $0
2014 -- $308,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22583610

Regional Multiple Listing Service (RMLS)

APN: 0802080