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
  • Wood Flooring
  • RV Access or Parking
  • Territorial View
  • Mud Room

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 -ALBANY License #960900133 Listed on: 09/14/2023

KELLER WILLIAMS REALTY -ALBANY

Co-Listed By

STEVE HELMS - Oregon Farm Broke

KELLER WILLIAMS REALTY -ALBANY License #201210000

Last Buyer's Agent

Karla Hogan

HOMESMART REALTY GROUP - SWEET HOME License #980900018

HOMESMART REALTY GROUP - SWEET HOME

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1948

Lot Details

  • 19.61 Acre Lot
  • Irregular Lot

Home Design

  • Shingle Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Territorial Views
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Shop

Schools

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

Farming

  • Barn

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,780

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: 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!
  • Year Built: 1948
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Pellet
  • Flooring: Carpet, Wood
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Mudroom
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Green
  • Foundation: Continuous
  • Out Buildings: Barn, Shed, Separate Shop
  • Roof: Shingle
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acres: 19.61
  • Lot: .
  • Lot Type: Irregular
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Amount: 1780

MLS Schools

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

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 -ALBANY
Buyer's Agent
Karla Hogan
HOMESMART REALTY GROUP - SWEET HOME
List Price
$450,000
Sold Price
$362,500
Premium/Discount to List
-$87,500
-19.44%
Views
69
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
10.92%

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 -ALBANY
Buyer's Agent
Karla Hogan
HOMESMART REALTY GROUP - SWEET HOME
List Price
$450,000
Sold Price
$362,500
Premium/Discount to List
-$87,500
-19.44%
Views
69

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
Not Available
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
11/09/2023 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: 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
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 -ALBANY

    (541) 220-3375

    16 in this area

    384 Total Sales

    Paul Terjeson
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    STEVE HELMS - Oregon Farm Broke

    KELLER WILLIAMS REALTY -ALBANY

    (541) 979-0118

    4 in this area

    173 Total Sales

    STEVE HELMS - Oregon Farm Broke
    Section Image
  • Karla Hogan

    Buyer's Agent in 2024

    Karla Hogan

    HOMESMART REALTY GROUP - SWEET HOME

    (541) 409-0547

    23 in this area

    178 Total Sales

    Karla Hogan
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 809510

Willamette Valley MLS

APN: 0170858

Oregon Linn County Lebanon 97355

36498 Highway 34, Lebanon, OR

Not Listed for Sale

Detached

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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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