Commercial/residential opportunity!!! Historical Craftsman in process of remodel-1920 house in town but nestled among mature landscaping. Zoned Commercial. Many possibilities!! Run your business, or short term rental (which is allowed in Toledo-but do your due diligence) or set up your residence. Roomy sq footage, open floor plan. Many updates: electrical, plumbing, flooring and appliances, tub, some fixtures! Walk to restaurants on main street. House near super market, library, and pool. Price was lowered by 100K. Being sold as is. Possibility of basement conversion to rental unit. According to ARV that was completed by a lender finished value of home is approx $485K
Closed
$387,900
261 NE 1st St, Toledo, OR 97391
4beds
3baths
2,425sqft
Single Family Residence
Built in 1920
9,583.2 Square Feet Lot
$410,700 Zestimate®
$160/sqft
$3,276 Estimated rent
Home value
$410,700
$378,000 - $444,000
$3,276/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listed by:
Theresa Neimann 503-812-0191,
Emerald Coast Realty - Toledo
Bought with:
Theresa Neimann, 201237599
Emerald Coast Realty - Toledo
Source: OCMLS,MLS#: LC-99397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Washer, Water Heater
Features
- Flooring: Carpet, Vinyl
- Has basement: Yes
Interior area
- Total structure area: 2,425
- Total interior livable area: 2,425 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, RV Access/Parking
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,583 sqft
- Features: Irregular Lot
Details
- Additional structures: None
- Parcel number: 111017BB1220000
- Zoning description: C - Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & neighborhood
Location
- Region: Toledo
- Subdivision: Toledo 4th Addition
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2024 | Sold | $387,900+4.9%$160/sqft |
Source:  OCMLS #LC-99397 Report a problem | ||
| 5/20/2024 | Contingent | $369,900$153/sqft |
Source: OCMLS #23-1554 Report a problem | ||
| 4/16/2024 | Price change | $369,900+5.7%$153/sqft |
Source: OCMLS #23-1554 Report a problem | ||
| 2/22/2024 | Price change | $350,000-22.2%$144/sqft |
Source: OCMLS #23-1554 Report a problem | ||
| 2/2/2024 | Price change | $450,000-5.3%$186/sqft |
Source: OCMLS #23-1554 Report a problem | ||
| 8/5/2023 | Listed for sale | $475,000+187.9%$196/sqft |
Source: OCMLS #23-1554 Report a problem | ||
| 8/31/2021 | Sold | $165,000+1348.9%$68/sqft |
Source: Public Record Report a problem | ||
| 10/4/2017 | Sold | $11,388-92.4%$5/sqft |
Source: Public Record Report a problem | ||
| 5/25/2017 | Listed for sale | $150,000+114.3%$62/sqft |
Source: John L Scott Newport #17-1448 Report a problem | ||
| 6/17/2011 | Sold | $70,000-36.4%$29/sqft |
Source: OCMLS #LC-60036 Report a problem | ||
| 3/18/2011 | Price change | $110,000-22.5%$45/sqft |
Source: coldwell banker central coast realty #10-1501 Report a problem | ||
| 12/23/2010 | Listed for sale | $142,000$59/sqft |
Source: coldwell banker central coast realty #10-1501 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,320 +0.8% | $153,840 +3% |
| 2023 | $2,301 +3.1% | $149,360 +3% |
| 2022 | $2,231 -0.5% | $145,010 +3% |
| 2021 | $2,243 +5.3% | $140,790 +3% |
| 2020 | $2,129 | $136,690 +3% |
| 2019 | -- | $132,710 +3% |
| 2018 | $2,071 | $128,850 +3% |
| 2017 | $2,071 +11.4% | $125,100 +3% |
| 2016 | $1,859 | $121,460 +3% |
| 2015 | $1,859 +40.9% | $117,930 +34% |
| 2014 | $1,319 | $87,980 -23.2% |
| 2013 | $1,319 -22.7% | $114,500 +3% |
| 2012 | $1,708 +2.6% | $111,170 +3% |
| 2011 | $1,664 +2.8% | $107,940 |
| 2010 | $1,619 +3.4% | $107,940 +6.1% |
| 2009 | $1,565 +2.8% | $101,750 |
| 2008 | $1,523 +3.2% | $101,750 +6.1% |
| 2007 | $1,475 | $95,920 |
Find assessor info on the county website
Neighborhood: 97391
Nearby schools
GreatSchools rating
- 5/10Toledo Elementary SchoolGrades: K-6Distance: 0.9 mi
- 3/10Toledo Jr. HighGrades: 7-8Distance: 0.9 mi
- 1/10Toledo Junior/Senior High SchoolGrades: 9-12Distance: 1.1 mi
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- Oregon
- Lincoln County
- Toledo
- 97391
- 261 NE 1st St
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