NOT LISTED FOR SALE

493 Elk City Rd Toledo, OR 97391

Estimated Value: $526,034 - $692,000

2 Beds
1 Bath
1,640 Sq Ft
$366/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $392,000 $239 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,524/month

8 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Traditional Architecture
  • Mountain View
  • Vaulted Ceiling
  • No HOA

About This Home

As of September 2020

MUST SEE!! Beautiful move in ready home with acreage so close to the lovely historic town of Toledo and only 20 minutes to the beautiful Pacific Ocean. This home has 2 bedrooms, 1 bathroom, PLUS a bonus sunroom with hot tub on the lower level. The lower level is plumbed for an additional bathroom and enough space to make a second living area! The possibilities with this lower level are ENDLESS! Huge open kitchen with dining area, lovely views, just the right amount of property to get away from all the hustle and bustle, truly a MUST SEE! There are 654sq ft of deck overlooking this majestic park like setting (your property)! Covered out building for an RV or boat. You can see the pride in ownership that has been taken with this home. Come see it today!

Last Agent to Sell the Property

Shannon Smith

Realty One Group At The Beach, Newport License #201217157 Listed on: 07/21/2020

Realty One Group At The Beach, Newport

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 1990

Lot Details

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

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Forest

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Shop

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2300
  • Assessor Parcel Number 111020C-2300-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,893

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 2.4
  • Lot Size Sq Ft: 104544.0
  • Road Surface Type: Paved
  • Directions: Take first exit to Toledo by DQ, continue to Main Street, turn right, turn left onto Butler Bridge to address.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1990
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Mountain
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 2.4
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2300
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Outbuildings:Green House: Yes
  • DeckPatio:Patio: Yes
  • Sewerseptic In: Yes
  • Siding:Composition Wood: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Vinyl, Carpet
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Mountain
  • Foundation Details: Cont/Con
  • Other Structures: Shop, Green House
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

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

Utilities

  • Water Source: Well
  • HeatingCooling:Electric Forced Air: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111020C-2300-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 2892.7
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 29, 2020
Sold by
Lammon Rocky T
Bought by
Musil Gregory R and Musil Victoria M
Seller's Agent
Shannon Smith
Realty One Group At The Beach, Newport
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$389,000
Sold Price
$392,000
Premium/Discount to List
$3,000
0.77%
Current Estimated Value
$600,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,009
Avg. Annual Appreciation
7.04%
Original Mortgage
$313,600
Outstanding Balance
$282,064
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$266,644

Purchase Details

Closed on
Aug 31, 2005
Sold by
Spinney Patricia
Bought by
Fernandez Richard Garcia
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
Musil Gregory R $392,000 Western Title & Escrow
Fernandez Richard Garcia $130,000 Wte
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musil Gregory R $313,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $392,000 +0.8% $239 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $389,000 -- $237 / 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 $3,354 $279,620 -- --
2023 $3,249 $271,480 $0 $0
2022 $3,149 $263,580 $0 $0
2021 $3,072 $255,910 $0 $0
2020 $3,013 $248,460 $0 $0
2019 $2,893 $241,230 $0 $0
2018 $2,842 $234,210 $0 $0
2017 $2,755 $227,390 $0 $0
2016 $2,511 $220,770 $0 $0
2015 $2,440 $214,340 $0 $0
2014 $2,375 $208,100 $0 $0
2013 -- $202,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Shannon Smith

    Realty One Group At The Beach, Newport

    (541) 270-2074

    9 Total Sales

    Shannon Smith
    Section Image

  • O

    Buyer's Agent in 2020

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 20-1539

APN: R112331

Oregon Lincoln County Toledo 97391

493 Elk City Rd, Toledo, OR

This home is located at 493 Elk City Rd, Toledo, OR 97391 since 21 July 2020 and is currently estimated at $600,009, approximately $365 per square foot. This property was built in 1990. 493 Elk City 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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