NOT LISTED FOR SALE

488 S Bay Rd Toledo, OR 97391

Estimated Value: $417,000 - $526,000

2 Beds
2 Baths
1,736 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $425,000 $245 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,735/month

19 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Covered patio or porch
  • Forest View
  • No HOA
  • 2 Car Detached Garage

About This Home

As of October 2023

Live in harmony with nature in this lovely mid-century contemporary home that is well maintained. Beautiful site with cleared grassy spaces surrounded by an enchanting forest and other mature landscaping. All the essentials for country living are here yet just a short drive to Toledo and 10 minutes to Newport. Covered and open decks along with a concrete patio to entertain or just take in the scent and sights of the scenery. The home enjoys main level living and oversized rooms. Vaulted tongue and groove pine ceilings, huge walls of windows and country details. Garage has a good shop area and loads of storage. Nice little garden shed too with ample wood for the fireplaces. Lots of room for your family, good friends & fur friends to roam and enjoy on over an acre.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 09/02/2023

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1942

Lot Details

  • 1.16 Acre Lot
  • Property is zoned I-P Planned Industrial

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Shake Siding
  • T111 Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Family Room
  • Living Room
  • Utility Room
  • Carpet
  • Forest Views

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Shop

Utilities

  • Zoned Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Toledo Industrial Park Subdivision

Listing and Financial Details

  • Tax Lot 700
  • Assessor Parcel Number 111020B-700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 1.16
  • Lot Size Sq Ft: 50529.6
  • Road Surface Type: Paved
  • Subdivision Name: Toledo Industrial Park
  • Directions: From Newport town take Hwy 20 East into Toledo and follow to SW Butler Bridge Rd then right on S Bay Rd to address on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1942
  • Attribution Contact: john@loveoceanfront.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 1.16
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Outbuildings:Shed: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Flooring:Carpet: Yes
  • Siding:T1-11: Yes
  • DeckPatio:Deck and Patio: Yes
  • DeckPatio:Covered Porch: Yes
  • Alternate Heat:Fireplace Insert: Yes
  • Sewerseptic In: Yes
  • Alternate Heat:Pellet Stove: Yes
  • Outbuildings:Shop: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Carpet
  • Window Features: Window Coverings

Exterior Features

  • View: Forest
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shop, Shed
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Heating: Electric Wall/Zone, Fireplace Insert, Pellet Stove
  • Heating Yn: Yes
  • Water Source: On Property, Public
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111020B-700-00
  • Zoning: I-P Planned Industrial

Tax Info

  • Tax Annual Amount: 2414.36
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $425,000 -5.6% $245 / Sq Ft
09/02/2023 09/02/23 For Sale $450,000 -- $259 / 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 $2,570 $212,960 -- --
2023 $2,490 $206,760 $0 $0
2022 $2,414 $200,740 $0 $0
2021 $2,355 $194,900 $0 $0
2020 $2,310 $189,230 $0 $0
2019 $2,219 $183,720 $0 $0
2018 $2,181 $178,370 $0 $0
2017 $2,114 $173,180 $0 $0
2016 $1,928 $168,140 $0 $0
2015 $1,874 $163,250 $0 $0
2014 $1,825 $158,500 $0 $0
2013 -- $153,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Iwamura

    JKI Realty

    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area

    OUT OF AREA

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Map

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

MLS Number: 23-1757

APN: R31869

Oregon Lincoln County Toledo 97391

488 S Bay Rd, Toledo, OR

This home is located at 488 S Bay Rd, Toledo, OR 97391 since 02 September 2023 and is currently estimated at $466,441, approximately $268 per square foot. This property was built in 1942. 488 S Bay 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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