NOT LISTED FOR SALE

489 S Bay Rd Toledo, OR 97391

Estimated Value: $632,000 - $758,000

4 Beds
3 Baths
3,054 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $599,000 $196 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,038/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Forest View
  • Traditional Architecture
  • Deck
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of April 2022

Incredible home on 1.38 Acres! Nestled atop a hill, this home w/ giant windows offers magnificent views! Large vaulted living rm w/ gas fireplace. Spacious kitchen is open to dining area w/ a wood-stove. Primary bedroom is on main level w/ private bath. Finished basement features a family room/den w/wood stove & game/utility room. Huge yard has been lovingly landscaped & maintained. Enjoy watching sunsets from the deck. Yaquina River just a few minutes away or take short drive to Newport.

Last Agent to Sell the Property

Out of Area

OUT OF AREA Listed on: 04/28/2022

Last Buyer's Agent

Brodie Becksted

Ocean Equity Real Estate & Investments, LLC License #200302191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1965

Lot Details

  • 1.38 Acre Lot
  • Property is zoned RR-5 Rural 5 acre

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Forest Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1200
  • Assessor Parcel Number 111020B-1200-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,174

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 1.38
  • Lot Size Sq Ft: 60112.8
  • Road Surface Type: Paved
  • Directions: Hwy 20 to East on NW Hwy 20, R on N Main St to SE Butler Bridge Rd to South Bay Rd
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1965
  • 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: 1.38
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1200
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Outbuildings:Shed: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Siding:Wood: Yes
  • Alternate Heat:Wood Stove: Unknown
  • Water:Public: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Forest
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Other, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic: Yes
  • HeatingCooling:Other - Heat: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111020B-1200-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 3173.63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Apr 18, 2022
Sold by
Larson Edward A
Bought by
Negrete-Carmen Elvis
Seller's Agent
Out of Area
OUT OF AREA
Buyer's Agent
Brodie Becksted
Ocean Equity Real Estate & Investments, LLC
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$677,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
4.28%
Original Mortgage
$479,200
Outstanding Balance
$457,552
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$230,400

Purchase Details

Closed on
May 8, 2020
Sold by
Larson Edward A
Bought by
Larson Edward A and Mccardell Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Jul 26, 2012
Closed on
Nov 9, 2012
Sold by
Macwilliams Roderick S and Macwilliams Marguerite Y
Bought by
Larson Edward A
Seller's Agent
Rick Wright
S & W REAL ESTATE
Buyer's Agent
Janis Neigebauer
Advantage Real Estate
List Price
$259,900
Sold Price
$254,900
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$203,920
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Negrete-Carmen Elvis $599,000 Western Title
Larson Edward A -- Fidelity Natl Ttl Co Of Or
Larson Edward A $254,900 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negrete-Carmen Elvis $479,200
Previous Owner Larson Edward A $328,500
Previous Owner Larson Edward A $203,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $599,000 0.0% $196 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $599,000 +135.0% $196 / Sq Ft
11/09/2012 11/09/12 Sold $254,900 -1.9% $83 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $259,900 -- $85 / 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 $3,593 $300,020 -- --
2023 $3,481 $291,290 $0 $0
2022 $3,374 $282,810 $0 $0
2021 $3,174 $264,580 $0 $0
2020 $3,113 $256,880 $0 $0
2019 $2,988 $249,400 $0 $0
2018 $2,936 $242,140 $0 $0
2017 $2,847 $235,090 $0 $0
2016 $2,593 $228,250 $0 $0
2015 $2,520 $221,610 $0 $0
2014 $2,454 $215,160 $0 $0
2013 -- $203,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2022

    Out of Area

    OUT OF AREA

  • B

    Buyer's Agent in 2022

    Brodie Becksted

    Ocean Equity Real Estate & Investments, LLC

  • T

    Buyer Co-Listing Agent in 2022

    Tasha Brittsan

    Ocean Equity Real Estate & Investments, LLC

  • Rick Wright

    Seller's Agent in 2012

    Rick Wright

    S & W REAL ESTATE

    (541) 270-2093

    65 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    Janis Neigebauer

    Advantage Real Estate

    Section Image
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Map

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

MLS Number: 22-301

APN: R22098

Oregon Lincoln County Toledo 97391

489 S Bay Rd, Toledo, OR

This home is located at 489 S Bay Rd, Toledo, OR 97391 since 28 April 2022 and is currently estimated at $687,952, approximately $225 per square foot. This property was built in 1965. 489 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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