$254,900
SOLD NOV 9, 2012

489 S Bay Rd Toledo, OR 97391

3 Beds
3 Baths
3,054 Sq Ft
1.38 Acres

Recently Sold

$83 Per Sq Ft

2% Below List Price

64 Days on Market

Highlights

  • 2-Story Property
  • No HOA
  • 2 Car Attached Garage
  • Bonus Room
  • Den
  • Living Room

About This Home

As of April 2022

Wooded setting yet plenty of room for garden. Quick, easy boat access to Yaquina River within 2 blocks. RV parking area with power hookup. Concrete patio, carport in addition to garage.

Last Agent to Sell the Property

Rick Wright

S & W REAL ESTATE License #780403835 Listed on: 07/26/2012

Last Buyer's Agent

Janis Neigebauer

Advantage Real Estate License #880400039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1965

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • 2-Story Property
  • Composition Roof

Interior Spaces

  • 3,054 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Natural lighting in basement
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R22098,R57664

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

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: Irregular
  • Lot Size Sq Ft: 60112.8
  • Directions: Toledo, East on Elk City Rd, turn right at South Bay rd, on left.
  • Architectural Style: Ranch
  • 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: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 1.38
  • Location Tax and Other Information:Tax Lot: 1200
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Two
  • General Property Description:Style: Ranch
  • General Property Description:Basement: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • General Property Description:Lot Dimensions: Irregular
  • Location Tax and Other Information:Subdv ParcelLot: n/a
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Miscellaneous:Den: Yes
  • Utilities:Sewer2: Septic In
  • Water: Public
  • Utilities:Electric3: On Property
  • Utilities:Gas3: Propane
  • Miscellaneous Possession: COE
  • External Features:Roof: Composition
  • External Features:Siding: Cedar
  • External Features:Foundation: Cont/Con
  • External Features:DeckPatio: Deck and Patio
  • External Features:Street Surface: Paved
  • External Features:Outbuildings: Shed
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3

Exterior Features

  • View: None

Garage/Parking

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: R22098,R57664
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 2184.26
  • Tax Year: 2012

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

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Range of Values:

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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 $599,000 Western Title
Interfamily Deed Transfer -- Fidelity Natl Ttl Co Of Or
Warranty Deed $254,900 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,200 Balloon
Previous Owner $328,500 VA
Previous Owner $203,920 Adjustable Rate Mortgage/ARM
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

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Map

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

MLS Number: 12-1930

APN: R22098