NOT LISTED FOR SALE

494 Elk City Rd Toledo, OR 97391

Estimated Value: $507,000 - $593,000

3 Beds
3 Baths
1,965 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $419,000 $213 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,132/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • River View
  • Traditional Architecture
  • Den

About This Home

As of July 2021

3.88 acres with Yaquina River views located close to town with a private rural feel. This is a single level home. The garage has been converted into living space leaving only a small workshop area. The property offers plenty of room for shop, garage, gardens, a few animals, and space to call your own. Please review documents.

Last Agent to Sell the Property

K. Kier

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #910500212 Listed on: 04/26/2021

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1965

Lot Details

  • 3.88 Acre Lot
  • River Front
  • Irregular Lot
  • Property is zoned RR-5 Rural 5 acre

Property Views

  • River
  • Forest

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,965 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Family Room
  • Living Room
  • Den
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Spring water is a source of water for the property
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3900
  • Assessor Parcel Number 111020C-3900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,387

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 3.88
  • Lot Size: 3.88
  • Lot Size Sq Ft: 169012.8
  • Road Surface Type: Gravel
  • Directions: Pass GP, over Butler Bridge, when Sunnyridge & Elk City Rd split you will see a gravel road to the right, house towards the bottom of the road. Please drive slowly and causiously. Do not block road.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1965
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: River
  • General Property Description:Primary View: River
  • General Property Description:Secondary View: Forest
  • General Property Description:Lot SqFt: 169012
  • General Property Description:_pound_ of Acres: 3.88
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 3.88
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Miscellaneous:Den: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Vinyl: Yes
  • Water:Spring: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: River
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 0
  • Miscellaneous:RV Parking: Yes

Utilities

  • Heating: Electric Wall/Zone
  • Heating Yn: Yes
  • Water Source: Spring
  • HeatingCooling:Electric WallZone: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111020C-3900-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 2387.18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 12, 2021
Sold by
Nystrom Tyler
Bought by
Hunt Bryan Trevor Alexandor and Lieman Hunt Kirby
Seller's Agent
K. Kier
Advantage Real Estate
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$419,000
Sold Price
$419,000
Current Estimated Value
$535,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,429
Avg. Annual Appreciation
6.56%
Original Mortgage
$419,000
Outstanding Balance
$383,459
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$160,310

Purchase Details

Closed on
Jan 23, 2020
Sold by
Marks Kohl Calrk and Marks Bethany Michelle
Bought by
Nystrom Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,245
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Listed on
Jul 27, 2018
Closed on
Nov 30, 2018
Sold by
Smith Zack Richard and Smith Shannon L
Bought by
Marks Kohl Clark and Marks Bethany Michelle
Seller's Agent
Shannon Smith
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Shannon Smith
Ocean Equity Real Estate & Investments, LLC
List Price
$310,000
Sold Price
$301,000
Premium/Discount to List
-$9,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$285,950
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Smith Zach Richard
Bought by
Smith Zach Richard and Smith Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hunt Bryan Trevor Alexandor $419,000 Fidelity Natl Ttl Co Of Or
Nystrom Tyler $315,000 Western Title & Escrow
Marks Kohl Clark $301,000 Western Title & Escrow
Smith Zach Richard -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Bryan Trevor Alexandor $419,000
Previous Owner Nystrom Tyler $322,245
Previous Owner Marks Kohl Clark $285,950
Previous Owner Smith Zach Richard $164,800
Previous Owner Smith Zack Richard $153,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $419,000 0.0% $213 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $419,000 +39.2% $213 / Sq Ft
11/30/2018 11/30/18 Sold $301,000 -2.9% $181 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $310,000 -- $186 / 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 $2,585 $214,220 -- --
2023 $2,504 $207,990 $0 $0
2022 $2,428 $201,940 $0 $0
2021 $2,369 $196,060 $0 $0
2020 $2,324 $190,350 $0 $0
2019 $2,232 $184,810 $0 $0
2018 $1,837 $149,350 $0 $0
2017 $1,781 $145,000 $0 $0
2016 $1,625 $140,780 $0 $0
2015 $1,580 $136,680 $0 $0
2014 $1,539 $132,700 $0 $0
2013 -- $128,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    K. Kier

    Advantage Real Estate

    (541) 265-2200

    64 Total Sales

    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area

    OUT OF AREA

  • S

    Seller's Agent in 2018

    Shannon Smith

    Ocean Equity Real Estate & Investments, LLC

  • J

    Seller Co-Listing Agent in 2018

    Jennifer Norman

    Ocean Equity Real Estate & Investments, LLC

See All Agents

Map

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

MLS Number: 21-633

APN: R154820

Oregon Lincoln County Toledo 97391

494 Elk City Rd, Toledo, OR

This home is located at 494 Elk City Rd, Toledo, OR 97391 since 26 April 2021 and is currently estimated at $541,252, approximately $275 per square foot. This property was built in 1965. 494 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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