$410,000
SOLD OCT 31, 2024

1551 Downing Dr Lebanon, OR 97355

3 Beds
2 Baths
1,546 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

3% Above List Price

40 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Tile Flooring
  • Fenced Yard
  • Shed
  • 1-Story Property

About This Home

As of October 2024

Located in one of Lebanon's quiet neighborhoods is this well built, well kept home. Newer paint, flooring, & fixtures. Open spaces for entertaining with formal dining, great room with vaulted ceiling and pellet stove insert for the upcoming winter. Lots of windows for natural light & large main suite with walk in shower. Spacious kitchen with large pantry. Enjoy the surprise of the beautiful spring landscaping & private back yard with room for RV or boat behind the fence. This is a single story gem!

Last Agent to Sell the Property

Melinda Abresch

PREMIERE PROPERTY GROUP, LLC ALBANY License #200408041 Listed on: 07/08/2024

PREMIERE PROPERTY GROUP, LLC  ALBANY

Last Buyer's Agent

Boston Bate

MATIN REAL ESTATE License #201240783

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,467

Year Built

  • Built in 1976

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Range
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Riverview Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Revised Downing Add Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 7 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,467

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Built-In, Downdraft, Electric
  • Syndicated Remarks: Located in one of Lebanon's quiet neighborhoods is this well built, well kept home. Newer paint, flooring, & fixtures. Open spaces for entertaining with formal dining, great room with vaulted ceiling and pellet stove insert for the upcoming winter. Lots of windows for natural light & large main suite with walk in shower. Spacious kitchen with large pantry. Enjoy the surprise of the beautiful spring landscaping & private back yard with room for RV or boat behind the fence. This is a single story gem!
  • Year Built: 1976
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Pellet
  • Negotiable Inclusions: Stove, refrigerator
  • Flooring: Luxury Vinyl Plank, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number of Lower Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 265.2
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 258.67

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Riverview
  • Middle School: Seven Oak
  • High School: Lebanon

Lot Info

  • Acres: 0.18
  • Estimated Lot Dimensions: 80x100
  • Estimated Lot Sq Ft: 7841
  • Lot: 7
  • Lot Type: Dimension Above
  • Price Per Acre: 2221666.67
  • Rv Amenities: Pad
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 23/24
  • Tax Account Number: 404596
  • Tax Amount: 4467

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Seven Oak
  • Elementary School: Riverview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Oct 23, 2024
Sold by
Anne and Anne Rickey Hornsby
Bought by
Lierman Camran
Seller's Agent
Melinda Abresch
PREMIERE PROPERTY GROUP, LLC ALBANY
Buyer's Agent
Boston Bate
MATIN REAL ESTATE
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Views
46
Current Estimated Value
$407,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,433
Avg. Annual Appreciation
-1.98%
Original Mortgage
$402,573
Outstanding Balance
$398,955
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$4,465

Purchase Details

Closed on
May 11, 2021
Sold by
Hornsby Anne
Bought by
Hornsby Anne and Anne And Rickey Hornsby 2019 Rev Tr

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 29, 2020
Sold by
Smith James S and Smith Sandra K
Bought by
Hornsby Anne
Seller's Agent
Laura Gillott
KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
Buyer's Agent
Melinda Abresch
PREMIERE PROPERTY GROUP, LLC ALBANY
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $410,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $290,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,573 FHA
Previous Owner $92,800 New Conventional
Previous Owner $43,864 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $410,000 +2.5% $265 / Sq Ft
09/05/2024 09/05/24 For Sale $399,900 0.0% $259 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $399,900 +37.9% $259 / Sq Ft
06/01/2020 06/01/20 Sold $290,000 0.0% $188 / Sq Ft
04/07/2020 04/07/20 For Sale $290,000 -- $188 / 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 $4,616 $219,640 -- --
2023 $4,467 $213,250 $0 $0
2022 $4,373 $207,040 $0 $0
2021 $4,216 $201,010 $0 $0
2020 $4,165 $195,160 $0 $0
2019 $3,957 $189,480 $0 $0
2018 $3,926 $183,970 $0 $0
2017 $3,534 $178,620 $0 $0
2016 $3,215 $173,420 $0 $0
2015 $3,019 $168,370 $0 $0
2014 $2,912 $160,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 818968

Willamette Valley MLS

APN: 0404596