Seller's Agent in 2024
Theresa Neimann
Emerald Coast Realty - Toledo
(503) 812-0191
11 in this area
40 Total Sales
261 NE 1st St Toledo, OR 97391
4
Beds
3
Baths
2,425
Sq Ft
9,583
Sq Ft Lot
Highlights
- RV Access or Parking
- No HOA
- Forced Air Cooling System
- Traditional Architecture
- 1 Car Detached Garage
- Wood Siding
About This Home
As of August 2024Commercial/residential opportunity!!! Historical Craftsman in process of remodel-1920 house in town but nestled among mature landscaping. Zoned Commercial. Many possibilities!! Run your business, or short term rental (which is allowed in Toledo-but do your due diligence) or set up your residence. Roomy sq footage, open floor plan. Many updates: electrical, plumbing, flooring and appliances, tub, some fixtures! Walk to restaurants on main street. House near super market, library, and pool. Price was lowered by 100K. Being sold as is. Possibility of basement conversion to rental unit. According to ARV that was completed by a lender finished value of home is approx $485K
Last Agent to Sell the Property
Emerald Coast Realty - Toledo License #201237599 Listed on: 08/05/2023
Last Buyer's Agent
Emerald Coast Realty - Toledo License #201237599 Listed on: 08/05/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,300
Year Built
- Built in 1920
Lot Details
- 9,583 Sq Ft Lot
- Irregular Lot
- Property is zoned C - Commercial
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,425 Sq Ft Home
- 2-Story Property
- Natural lighting in basement
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- 1 Car Detached Garage
- RV Access or Parking
Utilities
- Forced Air Cooling System
- No Heating
- Electricity To Lot Line
- Water Heater
Community Details
- No Home Owners Association
- Toledo 4Th Addition Subdivision
Listing and Financial Details
- Tax Lot 12200
- Assessor Parcel Number 111017BB-12200-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2023
Closed on
Aug 12, 2024
Sold by
Gmg Solutions Llc
Bought by
Skeels Raymond A and King Jackie Lee
Seller's Agent
Theresa Neimann
Emerald Coast Realty - Toledo
Buyer's Agent
Theresa Neimann
Emerald Coast Realty - Toledo
List Price
$475,000
Sold Price
$387,900
Premium/Discount to List
-$87,100
-18.34%
Total Days on Market
287
Views
347
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,279
Avg. Annual Appreciation
0.70%
Original Mortgage
$372,036
Outstanding Balance
$369,477
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$20,702
Purchase Details
Closed on
Aug 20, 2021
Sold by
Cashen Christian
Bought by
Gmg Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 4, 2017
Sold by
Davis Jennifer L
Bought by
Coshen Chris
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $378,900 | None Listed On Document | |
| Warranty Deed | $165,000 | Wfg Title | |
| Warranty Deed | $165,000 | Wfg Title | |
| Warranty Deed | $11,388 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,036 | New Conventional | |
| Previous Owner | $215,000 | Commercial | |
| Previous Owner | $30,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2024 08/12/24 | Sold | $387,900 | +4.9% | $160 / Sq Ft |
| 04/16/2024 04/16/24 | Price Changed | $369,900 | +5.7% | $153 / Sq Ft |
| 02/22/2024 02/22/24 | Price Changed | $350,000 | -22.2% | $144 / Sq Ft |
| 02/02/2024 02/02/24 | Price Changed | $450,000 | -5.3% | $186 / Sq Ft |
| 08/05/2023 08/05/23 | For Sale | $475,000 | -- | $196 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Tax History Compared to Growth
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 | $2,392 | $153,840 | -- | -- |
| 2023 | $2,372 | $149,360 | $0 | $0 |
| 2022 | $2,300 | $145,010 | $0 | $0 |
| 2021 | $2,243 | $140,790 | $0 | $0 |
| 2020 | $2,195 | $136,690 | $0 | $0 |
| 2019 | $2,113 | $132,710 | $0 | $0 |
| 2018 | $2,071 | $128,850 | $0 | $0 |
| 2017 | $2,008 | $125,100 | $0 | $0 |
| 2016 | $1,859 | $121,460 | $0 | $0 |
| 2015 | $1,816 | $117,930 | $0 | $0 |
| 2014 | $1,319 | $87,980 | $0 | $0 |
| 2013 | -- | $114,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Neimann
Map
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 23-1554
APN: R422677
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