NOT LISTED FOR SALE

36498 Highway 34 Lebanon, OR 97355

Estimated Value: $427,441

3 Beds
1 Bath
1,130 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $362,500 $321 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,412/month

64 Days on Market

Highlights

  • Barn
  • 19.61 Acre Lot
  • Traditional Architecture
  • RV Access or Parking
  • Mountain View
  • Wood Flooring

About This Home

As of May 2024

This is an excellent opportunity to own a starter farm or investment property with industrial zoning situated on 19.61 acres of land. It is conveniently located, with easy access to Albany, Corvallis, and I-5, and is also near town. The 1130 sqft house requires some remodeling or renovating. There are multiple outbuildings on the property, to include a barn, shop, and detached two-car garage. The pasture area is fenced, making it ideal for animals. This property has a lot of potential!

Last Agent to Sell the Property

Paul Terjeson

Keller Williams Realty Mid-Willamette License #960900133 Listed on: 09/14/2023

Keller Williams Realty Mid-Willamette

Last Buyer's Agent

Non Member

No Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1948

Lot Details

  • 19.61 Acre Lot
  • Level Lot
  • Property is zoned Hals-IND, Hals-IND

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial
  • Valley

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Oven

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

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

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Water Heater
  • Septic Tank

Additional Features

  • In Flood Plain
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0170858

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 19.61
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Year Built: 1948
  • Co List Office Phone: 541-738-7770
  • MLS Status: Closed
  • General Property Information Elementary School: Cascades School
  • General Property Information Middle Or Junior School: Seven Oak Middle
  • General Property Information High School: Lebanon High
  • General Property Information:Zoning2: Hals-IND
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Territorial: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Workshop: Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Barn(s): Yes
  • View:Valley: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator, Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Ceiling Fan(s)
  • ResoLivingAreaSource: Assessor
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Concrete
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Other Structures: Barn(s), Workshop, Other
  • Roof: Composition
  • View: Mountain(s), Territorial, Valley
  • Lot Features:Level: Yes
  • Exterior Features:Patio: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway, Gravel, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: None
  • Heating: Pellet Stove
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Pellet Stove: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 854211.6
  • Parcel #: 0170858
  • ResoLotSizeUnits: Acres
  • Zoning Description: Hals-IND
  • ResoLotSizeUnits: Acres
  • Flood Plain: Yes

Tax Info

  • Tax Annual Amount: 1716.93
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
May 16, 2024
Sold by
Brown Family Revocable Trust and Goggin Carol J
Bought by
Terry M Cutsforth Living Trust and Cutsforth
Seller's Agent
Paul Terjeson
Keller Williams Realty Mid-Willamette
Buyer's Agent
Non Member
No Office
List Price
$450,000
Sold Price
$362,500
Premium/Discount to List
-$87,500
-19.44%
Views
146
Current Estimated Value
$427,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,941
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
Sep 14, 2023
Closed on
May 10, 2024
Sold by
Eriksen Frances E
Bought by
Eriksen Frances E
Seller's Agent
Paul Terjeson
Keller Williams Realty Mid-Willamette
Buyer's Agent
Non Member
No Office
List Price
$450,000
Sold Price
$362,500
Premium/Discount to List
-$87,500
-19.44%
Views
146

Purchase Details

Closed on
Dec 6, 2010
Sold by
Brown Alice M
Bought by
Brown Alice Marie and Brown Family Revocable Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Goggin Carol J
Bought by
Goggin Carol J and Eriksen Edward L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Terry M Cutsforth Living Trust $362,500 First American Title
Eriksen Frances E -- First American Title
Brown Alice Marie -- None Available
Goggin Carol J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $362,500 +3.6% $321 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $350,000 -12.3% $310 / Sq Ft
10/19/2023 10/19/23 Price Changed $399,000 -11.3% $353 / Sq Ft
09/14/2023 09/14/23 For Sale $450,000 -- $398 / Sq Ft
Source: Oregon Datashare

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
2025 $1,956 $92,718 -- --
2024 $1,892 $90,025 -- --
2023 $1,818 $86,810 $0 $0
2022 $1,780 $84,290 $0 $0
2021 $1,717 $81,850 $0 $0
2020 $1,696 $79,480 $0 $0
2019 $1,612 $77,170 $0 $0
2018 $1,599 $74,940 $0 $0
2017 $1,562 $72,770 $0 $0
2016 $1,524 $71,070 $0 $0
2015 $1,484 $69,010 $0 $0
2014 $1,460 $67,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Terjeson

    Seller's Agent in 2024

    Paul Terjeson

    Keller Williams Realty Mid-Willamette

    (541) 220-3375

    16 in this area

    384 Total Sales

    Paul Terjeson
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    No Office

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220171217

Oregon Datashare

APN: 0170858

Oregon Linn County Lebanon 97355

36498 Highway 34, Lebanon, OR

Not Listed for Sale

Detached

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