NOT LISTED FOR SALE

305 Russell Dr Unit B Lebanon, OR 97355

5.43 Acres
-- Price per Acre
236,531 Sq Ft Lot

Last Sold September 02, 2016

Last sale price $726,004 $890 Per Sq Ft

Highlights

  • 5.43 Acre Lot
  • High Speed Internet
  • 5-minute walk to Porter Park Community Garden

About This Lot

As of September 2016

Classic path of progress development property just east of the Safeway shopping center in Lebanon. The City of Lebanon is in the process of acquiring and developing the right-of-way for the extension Airport Road through the property from Airport Road to Russell Drive. This will be a full city street with sidewalks, curbs and gutters. This property lies within the Cheadle Lake Urban Renewel District which provides tremendous financial incentives to help offset costs of development.

Last Agent to Sell the Property

Kenneth Marshall

VINTAGE REALTY NORTHWEST License #200404300 Listed on: 02/16/2016

Last Buyer's Agent

Kenneth Marshall

VINTAGE REALTY NORTHWEST License #200404300 Listed on: 02/16/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,500

Lot Details

  • 5.43 Acre Lot
  • Property is zoned MU

Utilities

  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant's personal property and trade fixtures
  • Tax Lot 9100

Property Details

Property Type

Land

Est. Annual Taxes

$12,500

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Classic path of progress development property just east of the Safeway shopping center in Lebanon. The City of Lebanon is in the process of acquiring and developing the right-of-way for the extension Airport Road through the property from Airport Road to Russell Drive. This will be a full city street with sidewalks, curbs and gutters. This property lies within the Cheadle Lake Urban Renewel District which provides tremendous financial incentives to help offset costs of development.
  • Cross Street: Airport Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Exclusions: Tenant's personal property and trade fixtures
  • Negotiable Inclusions: All existing buildings, homes, rentals

Exterior Features

  • Access: Unpaved
  • Fenced: Partial

Utilities

  • Water: Well
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Natural Gas: Available
  • Telephone: Available

Lot Info

  • Acres: 5.43
  • Flood Plain: Unknown
  • Lot: 9100
  • Zoning: MU
  • Approved for Manufactured Home: Unknown
  • Corners: Not Flagged
  • Surveyed: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 2
  • Assessor Parcel Number: 197976
  • Tax Amount: 12500

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $726,004 -3.2% $890 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $750,000 -- $919 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 710495

Willamette Valley MLS

APN: 0197976