Seller's Agent in 2025
Patrick Ledbetter
Premiere Property Group, LLC
(503) 969-9958
5 in this area
82 Total Sales
0 5th St Unit 507579197 Gervais, OR 97026
0.57
Acre
$578,947
Price per Acre
24,829
Sq Ft Lot
Highlights
- City View
- No HOA
- No Heating
- 0.57 Acre Lot
- Level Lot
About This Lot
As of September 2025This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site. Potential high-value uses include rental shop spaces for autobody or mechanic work, or a crossfit gym.
Last Agent to Sell the Property
Premiere Property Group, LLC License #201217839 Listed on: 06/20/2025
Last Buyer's Agent
Premiere Property Group, LLC License #201217839 Listed on: 06/20/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $517
Lot Details
- 0.57 Acre Lot
- Level Lot
- 4 Lots in the community
- Property is zoned Ind/Res
Property Views
- City Views
Schools
- Gervais Elementary And Middle School
- Gervais High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 599382
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2025
Closed on
Sep 22, 2025
Sold by
Pacific Interiors Inc
Bought by
Cam Investments Llc
Seller's Agent
Patrick Ledbetter
Premiere Property Group, LLC
Buyer's Agent
Patrick Ledbetter
Premiere Property Group, LLC
List Price
$440,000
Sold Price
$330,000
Premium/Discount to List
-$110,000
-25%
Views
15
Purchase Details
Closed on
Jun 11, 2021
Sold by
Pacific Interior Inc
Bought by
Pacific Interiors Inc
Purchase Details
Closed on
Sep 18, 2018
Sold by
Maciel Arturo Lopez
Bought by
Pacific Interior Inc
Purchase Details
Closed on
May 4, 2012
Sold by
317 Llc
Bought by
Maciel Arturo Lopez
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | First American Title | |
| Bargain Sale Deed | -- | First American | |
| Warranty Deed | $170,000 | First American Title | |
| Warranty Deed | $20,500 | First American |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Sold | $330,000 | -16.5% | -- |
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $395,000 | -10.2% | -- |
| 06/20/2025 06/20/25 | For Sale | $440,000 | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $517 | $25,320 | $25,320 | -- |
| 2024 | $517 | $24,590 | $24,590 | -- |
| 2023 | $458 | $23,880 | $23,880 | $0 |
| 2022 | $433 | $23,190 | $0 | $0 |
| 2021 | $0 | $22,520 | $0 | $0 |
| 2020 | $421 | $21,870 | $0 | $0 |
| 2019 | $397 | $21,240 | $0 | $0 |
| 2018 | $390 | $0 | $0 | $0 |
| 2017 | $378 | $0 | $0 | $0 |
| 2016 | $368 | $0 | $0 | $0 |
| 2015 | $359 | $0 | $0 | $0 |
| 2014 | $346 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Ledbetter
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 507579197
APN: 599382
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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