NOT LISTED FOR SALE

5491 U S 101 Florence, OR 97439

Estimated Value: $317,000 - $394,000

3 Beds
1 Bath
950 Sq Ft
$373/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $360,000 $379 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,921/month

38 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Living Room
  • 1 Acre Lot
  • Covered Patio or Porch
  • Dining Room

About This Home

As of March 2023

Great residential/commercial investment opportunity! Located North side of Florence, but still within City limits. This property features a fixer home and storage building with 5 units. The 3 bedroom, 1 bath home features covered entry and long-term built-in tenant. Storage building is 71' x 40' with 5 units & electricity. Each unit features a 12' x 12' roll-up door. See MLS #23105829 for more information on storage units.

Last Agent to Sell the Property

Jim Hoberg

West Coast Real Estate Service License #880700052 Listed on: 01/06/2023

Last Buyer's Agent

Jim Hoberg

West Coast Real Estate Service License #880700052 Listed on: 01/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1948

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned SID

Parking

  • Driveway

Home Design

  • Fixer Upper
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Siuslaw Elementary And Middle School
  • Siuslaw High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0781334

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,197

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1948
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 360000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: CoveredPatio
  • Lot Size: 1 to 2.99 Acres
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle Or Junior School: Siuslaw

Lot Info

  • Farm: No
  • Zoning: SID
  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 0781334

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1197.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 9, 2023
Sold by
Terrace Investments Llc Ii
Bought by
Bennetts Family Living Trust
Seller's Agent
Jim Hoberg
West Coast Real Estate Service
Buyer's Agent
Jim Hoberg
West Coast Real Estate Service
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
49
Current Estimated Value
$354,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,745
Avg. Annual Appreciation
-0.58%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Ryall Marvin N and Ryall Glenda C
Bought by
Terrace Investments Llc Ii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 1999
Sold by
Ryall Marvin N and Ryall Glenda C
Bought by
Ryall Marvin Neal and Ryall Glenda Christine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bennetts Family Living Trust $360,000 Cascade Title
Terrace Investments Llc Ii $210,000 First American Title
Ryall Marvin Neal -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terrace Investments Llc Ii $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2023 03/13/23 Sold $360,000 -4.0% $379 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $375,000 -- $395 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $706 $46,033 -- --
2024 $1,278 $88,824 -- --
2023 $1,278 $86,237 $0 $0
2022 $1,197 $83,726 $0 $0
2021 $1,174 $81,288 $0 $0
2020 $1,145 $78,921 $0 $0
2019 $1,105 $76,623 $0 $0
2018 $1,107 $72,225 $0 $0
2017 $1,070 $72,225 $0 $0
2016 $1,041 $70,121 $0 $0
2015 $1,020 $68,079 $0 $0
2014 $1,010 $66,096 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Hoberg

    Seller's Agent in 2023

    Jim Hoberg

    West Coast Real Estate Service

    (541) 997-7653

    195 in this area

    313 Total Sales

    Jim Hoberg
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23175126

Regional Multiple Listing Service (RMLS)

APN: 0781334

Oregon Lane County Florence 97439

5491 U S 101, Florence, OR

Not Listed for Sale

Detached

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