$1,355,000

287 E 3rd St Lowell, OR 97452

Estimated payment $7,367/month

2 Beds
1 Bath
952 Sq Ft
$1,423 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • No HOA
  • Territorial View
  • Private Yard
  • Stainless Steel Appliances

About This Home

Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available. Contact listing agent Jody Spier for details.

Listing Agent

Jody Spier

Works Real Estate License #201239624 Listed on: 11/26/2025

Works Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 2.12 Acre Lot
  • Level Lot
  • Cleared Lot
  • Private Yard
  • Property is zoned R-3

Parking

  • 2 Car Attached Garage
  • Appliances in Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Territorial Views
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Pleasant Hill Elementary School
  • Lowell Middle School
  • Lowell High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0814663

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1963
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 1355000.0
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: HardwoodFloors, LaminateFlooring, VinylFloor, WasherDryer
  • Basement: None
  • Appliances: ApplianceGarage, BuiltinRange, Dishwasher, FreeStandingRefrigerator, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Yard
  • Lot Size: 1 to 2.99 Acres
  • View: Yes
  • Lot Features: Cleared, Level
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Dexter Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Pleasant Hill
  • High School: Lowell
  • Middle Or Junior School: Lowell

Lot Info

  • Zoning: R-3
  • Land Lease: No
  • Lot Size Acres: 2.12
  • Lot Size Sq Ft: 92347.0
  • Parcel #: 0814663

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 1875

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2548.39
  • Tax Opportunity Zone: Yes

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,902 $186,393 -- --
2024 $2,548 $180,965 -- --
2023 $2,548 $175,695 $0 $0
2022 $2,393 $170,578 $0 $0
2021 $2,328 $165,610 $0 $0
2020 $2,255 $160,787 $0 $0
2019 $2,169 $156,104 $0 $0
2018 $2,102 $147,144 $0 $0
2017 $1,860 $147,144 $0 $0
2016 $1,806 $142,858 $0 $0
2015 $1,771 $138,697 $0 $0
2014 $1,740 $134,657 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $1,355,000 -- $1,423 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 346012767

Regional Multiple Listing Service (RMLS)

APN: 0814663