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$369,900   Price Analysis
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261 NE 1st St
Toledo, OR 97391
4 bed 3 bath 2,425 SqFt ($152/SqFt)
9,583SqFt lot. Built 1920
Listed 2023-08-05, Taxes $2,300
USDA Eligible
near Toledo, OR
 Restrictions may apply
due to home size

Commercial/residential opportunity!!!

Historical Craftsman in procss 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 v alue of home is approx $485K


Presented by Theresa Neimann at
Emerald Coast Realty - Toledo.


Property MLS #23-1554 from OCMLS

Bedrooms: 4

Total Bathrooms: 2.50
Full Bathrooms: 2
1/2 Bathrooms: 1

Dishwasher
Ceilings: Flat
Flooring: Carpet, Vinyl

Water Heaters: Electric
Gas Forced Air

Lot Description: Irregular
Lot Size Acres: 0.22
Lot Size Square Feet: 9583

Garage Spaces: 1
Garage Description: Detached

Road Surface Type: Paved

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2300.41
Source Listing Status: Active
County: Lincoln
Directions: Take west Toledo exit. Stay on business HWY 20 (1st St) toward JC Market. House on right before Toledo Chamber building and before JC Mkt.
Tax Year: 2022
Source Property Type: Single Family Residence
Area: Toledo
Source Neighborhood: Toledo 4th Addition
Subdivision: Toledo 4th Addition
Zoning: C - Commercial
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$145,010
$2,300
2021$unknown + $unknown
$140,790
$2,242
2020$unknown + $unknown
$136,690
$2,194
2019$unknown + $unknown
$132,710
$2,112
2018$unknown + $unknown
$128,850
$2,070
2017$unknown + $unknown
$125,100
$2,007
2016$unknown + $unknown
$121,460
$1,858
2015$unknown + $unknown
$117,930
$1,815
2014$unknown + $unknown
$87,980
$1,319
2013$unknown + $unknown
$114,500
$1,755
2012$unknown + $unknown
$111,170
$1,707
2011$unknown + $unknown
$107,940
$1,664
2010$unknown + $unknown
$104,800
$1,618
2009$unknown + $unknown
$101,750
$1,564
2008$unknown + $unknown
$101,750
$1,522
2007$unknown + $unknown
$95,920
$1,475

Price Changed 2024-04-16
$369,900
OCMLS
Price Changed 2024-02-22
$350,000
OCMLS
Price Changed 2024-02-02
$450,000
OCMLS
Listed 2023-08-05
$475,000
OCMLS
Sold 2021-09-07
$135,000
Public Record
Sold 2021-08-31
$165,000
Public Record
Listing removed 2017-07-14
$150,000
OCMLS
Listed 2017-05-25
$150,000
OCMLS
Sold 2011-06-17
$70,000
Public Record
Listing removed 2011-05-09
$110,000
OCMLS
Relisted 2011-03-17
$110,000
OCMLS
Listing removed 2011-03-01
$142,000
OCMLS
Price Changed 2010-10-14
$142,000
OCMLS
Listed 2010-05-24
$162,000
OCMLS

Total Square Feet Living: 2425
Year Built: 1920
Building Exterior Type: Wood
Foundation Details: Concrete Perimeter
Property Age: 104
Roof: Composition
Levels or Stories: Two
House Style: Traditional

Electric: On Property
Gas: On Property
Sewer: City
Water Source: City

Toledo Elementary School is a public elementary school located approximately 0.8 miles away.
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Toledo Junior/Senior High School is a public high school located approximately 1.1 miles away.
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Abundant Life Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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Toledo Jr. High is a public middle school located approximately 0.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.