NOT LISTED FOR SALE

2607 S 7th (-2605) St Lebanon, OR 97355

Estimated Value: $392,763 - $447,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $435,000

Est. 3% decrease in value since last sale

Current estimated payment $2,517/month

2 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • 1-Story Property
  • Attached Garage
  • Level Lot

About This Home

As of March 2024

Recently renovated duplex in Lebanon! Each unit features 2 bedrooms, 1 bath, hallway linen closet & single car attached garage with washer/dryer hookups, all new flooring, cabinets, appliances & interior paint. This is an ideal way to get into your first investment or expand your portfolio with existing rental income due to 1 occupied unit of $1495. Don't miss out on this prime opportunity to secure your foothold in the lucrative world of real estate investment.

Last Agent to Sell the Property

Sherri Gregory

Keller Williams Rlty Mid Wlmte License #970300073 Listed on: 02/27/2024

Keller Williams Rlty Mid Wlmte

Last Buyer's Agent

Karla Hogan

HomeSmart Realty Group License #980900018

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1978

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Territorial Views

Parking

  • Attached Garage
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0406633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,384

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Attached, Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Cascades
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Lot Info

  • Zoning: RL
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 0406633

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3384.31

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Feb 28, 2024
Sold by
Countryside Manor Llc
Bought by
Schrock Alvin Dale
Seller's Agent
Sherri Gregory
Keller Williams Rlty Mid Wlmte
Buyer's Agent
Karla Hogan
HomeSmart Realty Group
List Price
$435,000
Sold Price
$435,000
Views
8
Current Estimated Value
$419,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,118
Avg. Annual Appreciation
-5.32%
Original Mortgage
$427,121
Outstanding Balance
$421,800
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
-$21,060
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schrock Alvin Dale $435,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrock Alvin Dale $427,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $435,000 0.0% --
03/01/2024 03/01/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $435,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $3,497 $166,420 -- --
2023 $3,384 $161,580 $0 $0
2022 $3,313 $156,880 $0 $0
2021 $3,195 $152,320 $0 $0
2020 $3,156 $147,890 $0 $0
2019 $2,999 $143,590 $0 $0
2018 $2,975 $139,410 $0 $0
2017 $2,775 $135,350 $0 $0
2016 $2,601 $131,410 $0 $0
2015 $2,544 $127,590 $0 $0
2014 $2,466 $123,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Gregory

    Seller's Agent in 2024

    Sherri Gregory

    Keller Williams Rlty Mid Wlmte

    (541) 971-6356

    104 in this area

    778 Total Sales

    Sherri Gregory
    Section Image
  • Karla Hogan

    Buyer's Agent in 2024

    Karla Hogan

    HomeSmart Realty Group

    (541) 409-0547

    25 in this area

    183 Total Sales

    Karla Hogan
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24354941

Regional Multiple Listing Service (RMLS)

APN: 0406633

Oregon Linn County Lebanon 97355

2607 S 7th (-2605) St, Lebanon, OR

This home is located at 2607 S 7th (-2605) St, Lebanon, OR 97355 since 27 February 2024 and is currently estimated at $419,882. This property was built in 1978. 2607 S 7th (-2605) St is a home located in Linn County with nearby schools including Cascades School, Seven Oak Middle School, and Lebanon High School.

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.

Regional Multiple Listing Service (RMLS) 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.

Nearby Homes