$320,000
SOLD JUN 27, 2025

1480 S 4th St Lebanon, OR 97355

4 Beds
2 Baths
2,946 Sq Ft
0.38 Acres

Recently Sold

$109 Per Sq Ft

17% Below List Price

104 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Wood Flooring
  • 0.38 Acre Lot
  • Territorial View
  • 2-minute walk to Wynn Mill Park

About This Home

As of June 2025

HUGE PRICE REDUCTION!! HUD HOME, sold AS-IS. More room than you will know what to do with! Large living room w/skylights, canning room, tons of cabinets & counter space in the kitchen, spacious bedrooms, large family room, built-in storage cabinets, and a great size laundry room. Double car garage, 2 storage sheds, covered patio, fruit trees and a large fenced in back yard. POTENTIAL FOR GROUP OR CARE HOME home has been set up perfectly for both. Come take a look at this great opportunity. LBP.

Last Agent to Sell the Property

ONNA MCCOLLY

WINDERMERE PACIFIC WEST PROP License #200803214 Listed on: 03/15/2025

WINDERMERE PACIFIC WEST PROP

Co-Listed By

Pam McColly

WINDERMERE PACIFIC WEST PROP License #911000036

Last Buyer's Agent

SHANTEL SCHROEDER

KELLER WILLIAMS REALTY-GHT License #200808095

KELLER WILLIAMS REALTY-GHT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,478

Year Built

  • Built in 1960

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned R1

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,946 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room
  • Territorial Views
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Schools

  • Green Acres Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Floor Furnace
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 72

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,478

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: HUGE PRICE REDUCTION!! HUD HOME, sold AS-IS. More room than you will know what to do with! Large living room w/skylights, canning room, tons of cabinets & counter space in the kitchen, spacious bedrooms, large family room, built-in storage cabinets, and a great size laundry room. Double car garage, 2 storage sheds, covered patio, fruit trees and a large fenced in back yard. POTENTIAL FOR GROUP OR CARE HOME home has been set up perfectly for both. Come take a look at this great opportunity. LBP.
  • Year Built: 1960
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Wood
  • Flooring: Wood, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 9x10, On Level: 1/Main
  • Bedroom 2: Dimensions: 13x14, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x13, On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 8x10, On Level: 1/Main
  • Family Room: Dimensions: 19x35, On Level: 1/Main
  • Living Room: Dimensions: 22x29, On Level: 1/Main
  • Kitchen: Dimensions: 9x11, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Office
  • Price Per Sq Ft: 108.62
  • Source Of Sq Ft: Fee
  • Price Per Sq Ft: 117.62

Exterior Features

  • Exterior Color: green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement, Vinyl
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Heat Pump, Floor Furnace
  • High Speed Comm Access: Unknown
  • Sewer City: Yes
  • Water Heater: Gas

Schools

  • Elementary School: Green Acres
  • Middle School: Seven Oak
  • High School: Lebanon

Lot Info

  • Acres: 0.38
  • Estimated Lot Sq Ft: 16404
  • Lot: .
  • Price Per Acre: 911842.11
  • Rv Amenities: Area/Room For
  • Zoning: R1
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 0202255
  • Tax Amount: 4478

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Seven Oak
  • Elementary School: Green Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Jun 26, 2025
Sold by
Secretary Of Housing And Urban Developme
Bought by
Venture Vibes Investing Llc
Seller's Agent
ONNA MCCOLLY
WINDERMERE PACIFIC WEST PROP
Buyer's Agent
SHANTEL SCHROEDER
KELLER WILLIAMS REALTY-GHT
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
423.08%
Original Mortgage
$272,000
Outstanding Balance
$272,000
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$151,942

Purchase Details

Closed on
Feb 19, 2025
Sold by
Loandepotcom Llc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Apr 26, 2023
Sold by
Affinia Default Services Llc
Bought by
Affinia Default Services Llc

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 31, 2020
Sold by
Cyber Farm Investments Llc
Bought by
Bass Steven S
Seller's Agent
Wendi Melcher
HomeSmart Realty Group
Buyer's Agent
Jeremy Parmenter
TLC Realty
List Price
$329,999
Sold Price
$325,000
Premium/Discount to List
-$4,999
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$319,113
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2012
Sold by
Scandalios Alexander N and Hall Corrina A
Bought by
Cyber Farm Investments Llc

Purchase Details

Closed on
Jun 6, 2012
Sold by
Watts Raymond and Watts Catherine
Bought by
Scandalios Alex N and Hall Corrina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,800
Interest Rate
3.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Watts Ralph K and Watts Minnie C
Bought by
Watts Raymond and Watts Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Ticor Title
Special Warranty Deed -- None Listed On Document
Trustee Deed -- None Listed On Document
Warranty Deed $325,000 Ticor Title
Warranty Deed $325,000 Ticor Title Company Of Or
Bargain Sale Deed -- First American
Warranty Deed $179,775 First American Title
Interfamily Deed Transfer $75,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 Construction
Previous Owner $319,113 FHA
Previous Owner $143,800 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $95,200 Credit Line Revolving
Previous Owner $69,500 Credit Line Revolving
Previous Owner $74,900 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $320,000 -7.6% $109 / Sq Ft
05/01/2025 05/01/25 Price Changed $346,500 -10.0% $118 / Sq Ft
03/15/2025 03/15/25 For Sale $385,000 +18.5% $131 / Sq Ft
07/31/2020 07/31/20 Sold $325,000 -1.5% $109 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $329,999 -- $111 / Sq Ft
Source: Willamette Valley MLS

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 $4,479 $213,120 -- --
2023 $5,910 $206,920 $0 $0
2022 $4,460 $200,900 $0 $0
2021 $4,091 $195,050 $0 $0
2020 $4,572 $189,370 $0 $0
2019 $3,840 $183,860 $0 $0
2018 $3,810 $178,510 $0 $0
2017 $3,720 $173,320 $0 $0
2016 $3,419 $168,280 $0 $0
2015 $3,241 $163,380 $0 $0
2014 $3,151 $158,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 826572

Willamette Valley MLS

APN: 0202255